Theres so much pent up money that Powell just has to tweet a picture of a dove and the market will go up 15% the next day. Markets been lumbering up since mid april despite all the doom and gloom narrative with the interest rate and continually being told no cuts for now by the fed the entire time. Anytime the fed says no cuts recently, seems like its Powell creating a buying opportunity more than anything and a week later the ship is back on course. Whenever they do cut rates this year there will be fireworks.

The issue the Fed is trying to resolve is exactly too much money freely moving around - also known as inflation.

We’ll see when things change, but for now they’re not freeing up cash. And the housing market in particular’s momentum has been steadily changing.

I hear predictions of crash every year since 2012-2013 at least. Foreclosures are still low. Inventory rising is locale dependent thing, e.g Palm Springs - basically vacation home flips/airbnbs. I dont see how it could crash when stocks are still at all times high

Many of the stock market changes are in line with inflation, but yup - we could be in for more pump. We’ll see how it goes.

I see your point, but a crash would be extremely bad for the states budget, which is already struggling. Hopefully a small correction at most.

The market also does seem strangely stubborn to correct.

This will not be a small correction.

So many people 'want' a correction that it's clear there is a ton of demand. Ergo, I wouldn't be too hopeful.

Last year maybe, now everyone is either giving up or white knuckling it. In my experience, that’s when it gets moving.