There was a thread on here like a year ago "PROPERTY VALUES CANNOT OUTPACE INFLATION OVER TIME, ITS IMPOSSIBLE" something to that effect.

I feel less confident in my disisions  lately because of an over inflated realestate market.

This was during a time when inflation was running 10% or more.

In our area is mostly inflated ARV's and underestimated rehab costs.

The asking was about 100% inflated over market and I'd only be looking to pay about 60% of market rate on this one.

Money magazine had showed McAllen, Texas as the number one property in the nation for inflation, the previous year.

In most areas appreciation parallels inflation rates.

That is why Feds will have another interest rate hike to curb inflation.

It will be interesting to see what happens to homeowners and investors with adjustable rate mortgages and HELOCS on their properties as those rates rise with inflation over the next cycle.I can remember in the early 80s when mortages were being sold at rates higher than 15% and you could get bank CDs earning 10 and 12 percent interest.  

try great western or what ever the name is of that outfit they will sell you over inflated props straight form the MLS