Things need to stabilize and rents need to rise before theres any deals to be really had.

I personally don't think that we'll be seeing a quick or significant decrease in home prices in the Northern Virginia area, but perhaps more of a leveling off (as supply starts to increase and demand potentially begins to taper off a bit with rising interest rates) followed by more gradual/steady price increases into the future.

IS your market experience decreasing supplies (measured by listing), bidding wars, multiple offers, high percentages of cash deals, decresing days on market, rising median home prices. 

Buoyed by strong employment and population growth over the past decade, Denver is among a handful of non-coastal U.S. cities that rank as the most attractive destinations for investors, according to a recent report published by JLL Capital Markets.Denver was one of eight “rising star” cities or "growth cities" identified by JLL (NYSE: JLL).

The prices in fairfax area are always rising. 

I would like to purchase the properties but don't want to wait around for six months, bypassing other properties I could purchase, interest rates rising, etc. all for him not to find a home he likes.He could come back in six months and say he couldn't find a home or if the market continues to increase back out of the deal because he "couldn't find a home."  

But whatever break Americans get from rising mortgage rates, it is not yet clear whether it will be short-lived.

Houses in my area have been rising at an alarming rate the past several months so I’m hoping to gain some bonus equity from it.

I don't plan to move anytime soon and I have no debt that I can think of except this new place I'm getting I just figured hey if I'm gonna buy a place to beat possible rising inflation I rather buy hard assets than stocks , crypto or bitcoin.

My area is a mix of brownstones and high rises, and people living in the new construction are always complaining of noise and crappy quality.