winnersdon'tquit

Case-Shiller's Recent Strength: It's Not Just Seasonality

The consumer mindset is in the early transformational process from "panic to greed".
The "sell the house" frenzy that many adopted (not all because of affordability), but the fear of quick flip failure just may be starting to wear thin.
Is it possible that these unsophisticated speculators follow SA, and are aware of the changing markets,current interest rates, and what's looming just around the corner, and down the road??
I don't think so.
Taxes are going up across the country, which means rents follow.
Therefore the initial premise is now "panic to greed to panic".