You’re right, and this is why so many people sold in my area and moved to cheaper areas. That has had a dramatic negative impact on those small towns, and their values (and property taxes) have exploded as a result. It’s a concerning situation.

I don’t plan to sell or leave to another place. I’m just disconcerted by buying a home and having the value increase before I ever set foot in it. That’s not normal, and it signals bad things are coming (to me).