re: Current housing surge vs. last decade's housing surge

I and a few others have been trying to find rentals in Houston and we are running in to bubble like conditions. Everything we are looking at is going off the market the next day and have escalated since the last time I looked for rentals in the area (Jan 2013). I guess I would not call it a bubble but I think the market got really hot over the spring/summer and I am hoping it slows down a little bit when I start renting in September.