The statement that “the housing recovery has been strong, and prices continue to increase. It is almost boring now” I think sets the stage for 2018. No one is really talking about a turn around in housing prices – which may be a sign that the market is about to reverse!!
The stock market, and housing are flying high and could be hurt easily by interest rates, or N.K. or . . . Median income has not kept pace with housing prices(although not as bad as 2005) and a few percentage points in interest rates could make housing even more unaffordable. Plus as t-bills start to pay 4 or 5 percent, a lot of us will flee the stock market.
All in all, 2018 may be a very exciting year.