marion, if price keep on dropping without interest rate rising, then NO, you’re not at fundamental. WHEN you’re at FUNDAMENTAL, you will find plenty of support because people will see that it’s cheaper to buy than to rent. People will then be buying instead of renting. Which mean price won’t fall anymore without interest rate rising.
I don’t have a crystal ball either, but if inflation run wild, I’m pretty sure the FED will have no choice but to raise rates.
