Like I’ve said before, what scares me to death is the possibility that the Fed will lower rates back to the level of a couple of years ago, which started this mania in the first place, which could lead the banks to lower mortgage rates to under 5 percent, perhaps 4 percent. That would spark a new round of buying, and we’re off the the races again! I really hope that doesn’t happen, as I’m renting on the sidelines, and waiting, patiently.
