Some experts and pundits of all things real estate have suggested 2 very different views of the near future. Many (and they always seem to be employed by banks or real estate companies) say that there will not be a housing bust but rather a softening of the market. They should be in politics, no? And everyone else who has an opinion says there will be a major bust and we can see housing prices tumble significantly (remember the early 1990’s?) while interest rates continue to rise.
Who the heck are we suppossed to believe? If you are looking to me for answers, you are barking up the wrong tree. I’m just here to give you information. You gotta think for yourselves.
In any case, here are some interesting articles for you to mull over….