But it's rapid price growth and sales activity could indicate a more volatile market, with the potential for corrections if demand slows as affordability becomes an issue.

The proformas are utter nonsense because they know the product is no longer a viable investment.

I have not seen anything over 80% nor would any of my properties be able to afford a loan of more than that with these rates.

Thanks What loan product are you shopping for?

In Philadelphia the fundamentals are strong: leading industries/employers are in the Education and Medical fields which are known to be stable, proximity to NYC and DC, national airport, port city, affordability compared to mid-atlantic predecessors.

Way way too often Mrs. wants to stay, but realistically can't afford to stay with one income....and it is just a downhill disaster finacially the longer they stay.   

I had a call with a loan officer yesterday and I am very intrigued, but haven't heard much in recent discussions for this product or found anything in the search bar for this bank. 

The 2008 timeframe was different and in situations a lot harder than now, but this market will shape a lot of investors that found their new market, product to focus on, and/or to dive in deeper when times get tough.   

So now an employer has the affordability to afford the coach/teacher manager and the over-sized staffing.

Home prices in OKC remain affordable compared to national averages, allowing investors to acquire properties with strong cash flow potential.