[quote=SD Realtor]We may get some traction on the bear side. Rates are moving up quick. Prices tend to not react in lock step though but that indeed may knock some of the wind out of this rally. Of course if you are a buyer this hurts unless you are in cash. [/quote]

How will it hurt the buyers without cash? I know, higher interest rates, but like you write it helps with the “traction on the bear side”, meaning lower principle. There’s only so much buying power in the market and with the economy that’s only getting worse.

I’d rather get the low price than the low interest rate. You can refinance later.