Robert Shiller says in the video below,

frothy“Homeowners seem to be losing interest”, though he didn’t give evidence or details on why he thinks that – maybe the more-pedestrian price increases?

If he thinks homeowners/homebuyers are losing interest because sellers keep asking more, then I’d agree.  The Case-Shiller Index for San Diego may be creeping up at roughly 1% per month, but list prices seem frothier.

But mortgage rates in the 3s will ignite the frenzy all over again!

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