The problem? Most of the demand to SELL existing homes, one suspects, far exceeds the demand to buy.
One also suspects that as soon as the market picks up, throngs of new offerings for sales will swamp any positive news. It will be the reciprocal of the Oklahoma land rush .
Note, I'm not a real estate expert, so corrections invited.
I’ll add this. Banks have been sitting on a lot of foreclosures waiting for the market to pick up. What happens when that “pent up” need hits the market?
Runaway inflation may cause demand for anything that is not cash and that includes real estate.