It's definitely what they call a "seller's market" out there these days. With a very limited inventory of homes on the market, the prices of the properties available continue to rise. The increase of income and consumer confidence (in jobs, etc.) has lead to the influx of homes being purchased versus rented lately. The number of homes becoming available for sale remain low and thus causing those looking to purchase, jumping on a property as soon as it hits the market. Many are paying above the appraisal value, and some are signing on the dotted lines before they even see their new home in person. Predictions have said there will be another 4.8% increase in the market prices before the end of 2018.