You have to be fast to buy and other shoppers bid up offer more than asking price. Even new boat dealers having problems with supply. Can’t get Yamaha motors I here. South shore Long Island. Recently boats were cheap and hard to sell. Maybe everybody is dumping money to be happy and enjoy life for a change.
Real estate maybe quiet population booms of mass immigration. Lots of shit hole countries are probably losing population. And jumping in our USA “life boat” country, plus into other good countries in Europe Norway Sweden etc. over there they are getting Muslims from all over the Middle East. Iran Iraq etc.
If everything is in reverse, then what ever was under priced like gold and lumber and real estate etc it’s going up. My calculations in my area real estate investments did not keep up with inflation with 1970 prices. Every thing is times 20 from that era. A $40k house times 20 is $800k.