remember there are more speculators now in Real Estate then in 2006
they have to sell, thus they are creating short inventory, but, it's natural buyers that drive the price, if interst rates hits 5-6% another huge housing crash is coming, let them eat their inventory, the prices still not in corralation with incomes in most places
Dream on. Prices have increased solidly WITH a 20% down requirement. That will start to relax and we'll probably see another 20% jump over the next 4-5 years. AND THEN it will correct again. MAYBE.
The Japanese have had sub 1% loans for Decades. Instead of rates rising in the near future....watch them drop. 15 year is at 2.5% and I bet it goes sub 2% within 2 years before they start to creep up (if at all).
You're like one of those perma bears still waiting for a retest of the 2009 lows. Not happening.