Anecdotally speaking re: RTP, NC but I think the area may have peaked back in summer. Inventory is sitting much longer. I know sellers who sold under asking for a price much more similar to previous years recently.

New construction is always a bit behind here and we will definitely see higher prices in central NC with the various tech companies increasing their presence in the area.

But it was complete bonkers until August. Sellers were getting double-digit all-cash offers 10%-20% over asking price. Never seen anything like that here before.