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It's bad everywhere. In my area, prices for even just modest homes can reach 800k. I don't make terrible money by any stretch, yet I can't see how people can afford a house in this economic climate. There's a lot of shenanigans afoot, and methinks this unsustainable nonsense will come to an end soon. Might be a time to buy then, if it's even possible.
crazy, better to build yourself as you go and hire out only the work you cant do yourself...
A lot of my friends have houses that exploded in value but won't sell because they can't buy anything they can afford. Thus, the house market is dead in my area right now.