In many ways 2018 had the feeling that a bubble might be on the horizon, however, there are more indicators than rising prices that tell the story. One is supply and demand, the other is new regulations.
In 2006 there were over 35,000 homes on the market, compare that today with around 12,000. Supply and demand are the biggest indicators of bursting the bubble, current supply is low and there will be price increases for 2019, but they are predicted to be more in line with a healthy market, 4 or 5% increased vs 8 or 9% in 2018. New construction trends towards larger homes. More square footage=higher prices.
Stricter lending regulations were put in place after the last bubble burst- meaning buyers are now more qualified than in the past. Income, taxes returns, and debt to income ratio count. Gone are the days of Nina (No income-No asset) lending when you could get a loan based on verbal qualifications.
I believe the 2019 market will still be a sellers market, but with less strength, as inventory is projected to increase over 2018. It’s too early to call it a shift but the direction should provide some relief for buyers. Let’s not forget the interest rates are up slightly, but are still crazy good! 
Questions? Lets talk. I’d love to hear from you.