Responsible-Rip4366 t1_jdl27z8 wrote
Bro, 10 year has taken a nose dive. Mortgage rates are moving down into peak Spring selling season. Also, the vast majority of current homeowners have a 30 year mortgage (with tax deductible interest) that is below 4%. You can buy a T Bill today that pays more than that! Inventory of homes for sale will be paltry, as years and years of Gen Z and Millenials emerge from their parents basements looking to buy their first house.
Conclusion, home prices are at no risk of significant downside.
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