I love that the realtor is anonymous. A measure of protection against a backlash from good ol’ Mr. Lerah?

Finally some truth on the situation though. I’m tired of hearing about this so called “soft landing,” and that rates will probably go back down. The FED would be obtuse to slash rates again, because Americans need to start saving money, not spending it on houses they can’t afford again.

Just like there was no bubble, now there IS a soft landing, and an end to the decline. These people have dug themselves holes, and they are still falling to the bottom of them. It feels soft because they haven’t hit it yet.