Market like Seattle need to cool down a lot! I mean I don't know how people afford to own a home there if they are starting off.
I am scared to death of hot real estate markets. I love it here in Houston because, this type of price range and volatility I can handle. Seattle will be one order of magnitude higher!
I think rate can potentially drop 50 basis points, but that's about it perhaps.
RE: Houston Property Market Softening