Attention Financial Prognosticators!

[SlugSlinger]

So there are two sides to this coin. People like to bit*h about others moving in from blue states or from areas where income is higher and drive up real estate prices. So, if you want to blame them for driving up the real estate prices then you really also need to blame the sellers for selling at those high prices. It takes two afterall, right. So anyone that has a problem with buyers driving up home prices you should be every bit as upset with the sellers selling at those inflated prices. Tell your neighbor not to sell at the $100K premium. YOu should tell everyone you know selling a home to only sell at appraised value, nothing more.

My wife and I made a very good real estate investment in 2002 with our home purchase in an extremely desirable neighbor hood. We'll be bringing that equity to OK to purchase out land and home.

Wow, not sure about the emotion. Maybe that’s due to the inference about the reference to blue state folks. Anyway, the basis of the question is straightforward supply and demand and yes there are buyers and sellers. If demand increase on a finite supply, prices will go up(until the seller sells). And the blue state comment has no impact on the supply and demand logic. It could be increased demand with people from a red, green or unicorn colored state, no matter.