Exactly the same over here. I am dang glad I bought/ moved when I did (8 years ago)! Selling price for my house has literally doubled in that time!The problem where i live is the houses are bringing huge amounts....Yes you can make a huge profit....But if you have to stay in the same area...Your huge profit will be going on your next purchase....So it will basically be a wash.
150-250K homes dont exsist.
350K and up homes are for sale everywhere.
I have a friend in the business and they are struggling for listings in medium price range.
Times sure have changed....20yrs ago a 100K got you a decent home.
Now a 100K gets you a dump or a flipper house.