This is not a national bubble like 08’. This is a Utah thing based on an influx of large employers and people fleeing other places, plus the population of the state burgeoning.

the housing market doesn’t reset every 8-10 years like other markets. And not every housing market is the same.

You can get in now, gain equity and ride out any potential downturn. Or you can wait and wait hoping for a downturn that very likely won’t come. What’s
More ikely is the market slows, but what makes anybody think prices are going to plummet with inventory so low? Not even a global pandemic, which wrecked all other markets has touched the Utah housing market.