If you're in your forever home you can skip this, but if you're thinking of selling within the next few years pay attention. Most of the finance people I respect are expecting inflation and other factors to lead to higher mortgage rates. If rates go up there is going to be big trouble for real estate. We are already seeing a big affordability issue. Despite what the DeBlasio administration, Real Estate Taxes are almost assuredly going up. If monthlies skyrocket because mortgage rates and taxes both go up it will put a bunch of downward pressure on prices. So if you are one the fence because you hear the market is coming back you might want to consider getting out while we're having this spurt of buying going on.