What will be crucial the next few months is what the Fed. does or does not do to interest rates in combination with the surging market and finally, if it is true there are still many pent up foreclosed properties that BAC inherited from Countrywide that they are planning to unload this summer. That combo. could really be a game changer. I do not think the Fed. wants to damage this fragile real estate recovery, so I am predicting they do not let free market forces take over interest rates at this time.
