[quote=sdrealtor]Ive seen what happened with the few properties that have hit the market so far. Its far from over[/quote]
That’s real estate. The original post was about the stock market.
What you could be seeing right now is either people moving $$ out of stock and into hard assets like homes, or perhaps people rushing to beat the rate hikes. Also, home prices are usually sticky on the way down so they’ll be a trailing indicator.
But the stock market could be in a momentary blip. It could return skyward tomorrow. Who knows.