The psycho-babble was flying today.
First it was McMillin talking the party line like an NAR booster in an article in the U-T, saying it is a great time to buy or sell.
Then HW features more ivory-tower guys talking about the market, entitling the article: Homebuyer Demand All But a ‘Standstill’, but I couldn’t find where they actually used the word standstill in the text. Everyone speaking with great certainty as if they know what’s actually happening, and the MSM soaking it up like it’s factual – with editors applying liberal interpretations to sex up the effect.
Here’s a view from street-level: