Everyone knew that home prices were going crazy, and now we have some solid numbers that are simply incredible. Home prices are rising faster than they ever have before, and so if you are shopping for a home in this environment I truly feel sorry for you. In many parts of the country, average hard working American families have already been completely priced out of the market. Prior to the pandemic, the largest price bubbles were in major urban areas along both coasts, but now desirable rural and suburban communities all over the nation are red hot. In some cases, we have seen wild bidding wars that result in buyers paying more than a million dollars over asking price, and this unprecedented frenzy is pushing home prices to dizzying heights.