Housing Shortage has been cancelled

When even the agents are calling price-expectations "unrealistic" . . .

Publishing note: Random Walk is going to experiment with a different publishing cadence over the next few weeks (more details forthcoming). I will endeavor to trade some frequency for depth, at least some of the time.

• sellers outnumber buyers, by a lot

• price cuts galore

• affordability-shortage-lock-in-crisis is OUT; actually, it’s the interest rates is IN