Many of the nicer homes are selling for over asking price (even if they don't appraise, there are contingencies from buyers to pay the difference) and they are selling quick.
Once interest rates keep rising and supply increases the market will slow down.
My wife and I enjoy looking for houses and we have wanted to move if we ever find the 'right one', but fortunately we don't have too. I'm afraid now that we missed the bus!
The good thing is that the value our home has gone up as well and if we sell we will recapture all of the money we've put in for remodeling, etc..