Are You Managing Scared?

As Nicole and I prepare to start looking for a new home, we realized our primary area of interest is currently recognized as being in a "seller’s market." This basically means that there are more buyers than there are available homes for sale. As one might imagine, such a situation allows homes to be sold quickly — which also allows the homes to be sold for more than what they are actually worth. My challenge is figuring out how much we are willing to pay for a home in our primary area versus looking in an alternative area.