I’d guess that rising interest rates could kill some marginal deals. We may see yet another wave of relistings in a few weeks … more inventory, but more work and more headaches for agents and buyers and sellers alike.

Of course the effect of higher rates could be balanced out by the use of Barack Bucks for FHA down payments. And I thought “refund anticipation” loans were supposed to be a bad thing … anything to reinflate the bubble I guess.