[Berklon]

Even though home prices aren't insane in Hamilton, I still think they're overpriced. I've seen way too many homes that were priced at 240k only 5 years ago which are now valued at 360k. A 120k increase in price for a home that has gone through minimal upgrades in a neighbourhood that has seen no changes is too fast/too soon.

Prices are dropping though and with the economy the way it is (and getting worse) and the news of mortgage rates increasing - it should drop even further. I shouldn't have to wait much longer for a reasonably priced home I believe (or at least I hope).