[FlipWilson]

Not for long. This always lags realities that are just now setting in.

[gunsequalfreedom]

adjustment coming...

A friend buying a house decided to hold off. A couple weeks later, the price of the house dropped 20K.

[entropy12]

Exactly right. Buyers can lock in mortgage rates for 60-90 days. Housing is in bubble. It will melt like butter in a hot pan after parents have bought the house based on where the kids will go to school in Fall.