The number of people who believe now is a “good time to buy a home” has been stagnant for the last 6 months, but, according to University of Michigan’s latest survey, there has not been more people who believe now is a “good time to sell” since March 2006… which marked the absolute peak in US home prices…
What happens next…When everyone knows it’s a bubble?
Seems like a surge in “good time to sell a home” since The Fed ‘unleashed’ its rate rise environment… maybe time to back off that rhetoric before they implode another wealth-destructing bubble.
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