gosh, all this banter…what about the people who just want to buy a home? There is a baseline of people who need/want to live in the right size home which will keep all your graphs and tables skewed. Lot’s of expanding families desiring newer areas will keep CV and Scripps from falling to the floor.
Point is – emotions and governmental interference have a greater effect on home purchases then pure economics that can be charted.
Anybody who has the SLIGHTEST bit of confidence about ANY prediction regarding the stock market, housing market, RV market, etc is just making a prediction. Let me know when you can predict group emotions and the government’s influence, and then I’ll listen. Some of you will be right (and can act like a genius later) due strictly by chance. Nobody deserves the ad homonym attacks found here, because quite frankly, NOBODY knows what is happening.