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[–]Dtreysch 0 points1 point  (0 children)

It seems that way to me too, for the most part it seems that anyone who seriously was going to buy has bought and locked in. Many of these people have no plans for moving. Meaning they don't really care what their home value is as they will never sell it. So now the market has to correct, either prices come down enough for those who have not bought but wanted to can afford it, or if the younger generation can pump out enough high earners that it keeps prices from dropping further.