[leaf errickson]

Folks.....the inflation rate is driving home prices. Until it slows considerably, prices will be only going up. Gas prices are up a dollar a gallon.....you think home prices are going to fall??

[ARCADIA]

Folks.....the inflation rate is driving home prices.

Unless wages start climbing at or ahead of inflation home pricing may see a sharp price adjustment. Cost drivers may determine whether something gets built; but demand sets the selling price, and demand will drop if people can no longer afford to buy.