Well it is happening!! Due to improving economy, interest rates are on rise. Improving sales with sellers not taking advantage of improving home prices has resulted in housing shortage. Nationally, it is reported below that absorption rate(defined as average time for all homes to sell if current rate maintains) is only 4.9 months!
A healthy market is 6 month absorption. Thus over all we have a better than normal market with fewer homes and rising interest rates.
IT IS TIME TO ACT!!!