but the doom and gloom projected by most on this blog may be over-stated. Most, if not all, respected housing economists don’t see it happening.
Most, if not all, respected housing economists predicted a soft-landing with “back to normal” appreciation. Then most of them predicted that prices would “level off”. Now most of them are predicted that it will be “over soon” and we’ll “back to low digit appreciation soon”.
I agree with you that the market is not going to be as doom and gloom as some on this forum predict, but let’s be careful what and whom we choose to believe.