That's what I feel. Soon the rate will reach 8.5 percent or 10 percent and the price refuses to come down. Sellers are spoiled. Isnt house price keeps going up during the 70s stsgflation? How long did it take for the price to come down? But I don't think we will see rate drop anytime soon, or maybe for another decade. I feel like the QE era has come to an end.
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source https://www.reddit.com/r/RealEstate/comments/yc4b24/do_you_feel_like_youve_missed_the_real_estate/
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