wildwoodmo

Yikes, But Duh: Housing Bottom Could Be Two Years Off

Prediction... As soon as interest rates go up (or threaten to) there will be a rush of buyers running to the market. If it's hard to qualify now it will be even more difficult with higher rates so there will be motivation to buy. The tension between tempting home prices and rising rates will force potential buyers to make a move.

Single-Family Housing Starts Down 64.5% From Peak [Housing Tracker]

True. The sooner we find the bottom the sooner we see the recovery.