[LucyT]

Median price stats are blunt statistical instruments so it would be interesting to get inside those numbers.

Is that rise in median sales price due to demand that pushed all housing (low priced, medium and high priced/luxury homes) up by an amount similar to the median rise? In other words, did all the boats rise equally percentage-wise?

Or is that most of the rise due mainly to sales of higher priced/luxury homes? (Not all boats rose).

All boats (housing costs) rose because people are fleeing the craziness in other parts of the country. Most don't leave it behind, they bring the very thing (attitudes, behavior) they are trying to escape *from*.

[niteowl77]

Most don't leave it behind, they bring the very thing (attitudes, behavior) they are trying to escape *from*.

Oh, do I know this personally. Then they tell their friends.

[SaxxonWoods]

Thanks, yes I get the reason and the attendant problems. Just wondered which income level people were buying. Not easy to pull off a second home on short notice for most middle class people when your local market is toast, as in burnt toast.

I assume rental markets in these “escape to” areas are very tight also.