Prices are normalizing to pre Covid levels, that doesn't mean there is a crash or a bubble that is going to burst and with the amount of people moving here, prices are only expected to increase overall.

@Jay Hinrichs my favorite was the post crash, pre run up, when you had Arbor building in DR Horton hoods and DR Horton building in Arbor hoods.

For example, coming out of the housing crash in the early 2010's, condo prices were gaining at a higher percentage than SFH prices because condo prices were beaten down so much more than SFH prices during the crash.From a rental income perspective, you really need to run the numbers individually and see how each pencil out.

You just got a (free) crash course in out of state rehab and that knowledge is valuable. 

They were bought by Luxottica etc.The boom ended with the tech crash.

Indianapolis is known to be a stable market, meaning it doesn't drastically fluctuate with the real estate market turns (go down in a crash or up in a boom); it stays more steady.

Heck, I have a tenant who owns a construction business and was a multi millionaire before the crash.

When the market crashed in 2008, we were in Redding, CA.

Theyve said it 3 years ago & they’ll say it 3 days from now too lol.While yes, it’s always possible that the economy could experience some unexpected harmful event &  a recession or market correction could come, if you look at real estate now in kern county the fundamentals & market conditions are much more stable & different than pre- 2007/2008 crash conditions. 

I must say that I am biased as my parents bought one (sold it after market crash and it still hasn't recovered from the 2010 timeframe)