To me it seems the higher end has topped out, but I don’t see a crash coming, just much slower appreciation.
The main reason I don’t see a crash coming is they have not been making crazy RE loans like they were in 2005-6.
On the lower end I do see some catch up occurring (most of the high end stuff is back at peak, I expect the lower end to catch up as well because TPTB seem to be pushing it from many sides in that direction).
