There's also been a huge influx of easy money in the past year or so too, and the housing market went absolutely crazy when it seemed like we were already possibly due for a correction.

I don't know if it is exactly the same, but it definitely seems like there could be a relation.

That said, Utah weathered 2008 better than most housing markets, so they may do better during the next crash as well.

Whoever knows exactly what will happen next will probably be able to be rich really soon here too. Most people don't know what is coming.