I've seen the same. Predictions of another housing bubble ring true to me.
I don't know about the housing bubble. Housing prices here have dropped slightly from a year ago but the housing market here is still HOT. They are building new houses and apartment building everywhere as well as all kinds of commercial buildings. The problem with this is the traffic had gotten bad. My first few years in Huntsville were great for scooter riding around town because except for rush hour there wasn't much traffic. Now it's fairly heavy most of the time although not nearly as bad as the Atlanta area were we moved from. However, it isn't too far to get into middle Tennessee where there are plenty of back roads with very little traffic.
Right now if I leave my subdivision and head west I'm in farmland in less than a mile. In just a few miles I can be on dirt roads in the Wheeler Wildlife refuge. That farmland will eventually be turned into more subdivisions or commercial property which will suck but Wheeler will never be developed which is good.
It would be nice to live somewhere that I could be on great roads right out of my driveway but at least the cost of living here is low enough that I can afford a nice place to live and still have enough money left over to take trips to areas with really fantastic riding.
I have a number of trips already on my Calender for this year with more to come. Here's what i have so far.
April - Dual sporting the Free State. weekend of Camping and riding in the Bankhead Natl forest.
June - Bradfest III - 3 to 4 days of dual sport riding out of Mountain View Motorcycle campground in Elk Park, NC
July - Beat the Heat Scooter rally. 5 days of twisty road riding out of Maggie Valley NC
August - Pacific Coast Tour. 3 friends and myself will be hauling our scooters to CA for a 9 day ride in CA, OR, and WA.
Sep - Bradfest IV. Same as Bradfest III
OCT - Barber Vintage Motorcycle festival.
I plan on adding quite a bit to the schedule above with at least some short notice trips.