[quote=sdrealtor]CAR
Not sure what you are looking at but the market around here has been on fire the last few weeks. It was a late start but these lower rates could provide another boost also.[/quote]
Even with the pick-up in sales activity, it still feels like the slowest spring I’ve witnessed in many years. I’m also seeing and hearing of more distressed homeowners.
The low rates will provide a floor of sorts, and maybe even cause a bounce, but if the reason for the low rates is the strengthening dollar, housing prices will eventually fall, too, IMHO.