it is funny how most realtors don’t understand this (except SDR, sdr, jtr). they continue to encourage buying and they themselves continue to buy when inventory skyrockets. and now they keep calling bottom because the inventory has flattened (but they miss the skyrocketting foreclosures).
by the time the true bottom hits, these guys are going to be so spent financially and credit wise that they won’t be able to take advantage of it.