I just don’t want to see personal injuries rise as well.

@Raymond Wu  First off, I'm licensed in a different state, under different laws, so take the advice I'm giving in consideration of your local laws.Basically, you're in a really tough spot on this.

All of the neighbors will lose 25 ft of their yards , and they want considerable ( 5 figures) money to do this .

It is a general number and does not take into consideration the specific aspects of the property.

If demand is high prices will rise.

Thanks for your considerations.

If there is a market pull back will it be enough to offset rising interest rates?

My thought is that people similar to me will be making the same decisions with the rising prices in Seattle, north of Seattle (up to Mukilteo) and south (up to Kent/Auburn).  

If oil prices start to rise, there are more jobs available, which leads to more people moving to Houston.

The tailwind of ever rising prices has transformed many bad deals into good deals by the time they sold, but buying on that expectation is speculation, not investing.