For the most part, I agree with this article. Home prices seem to be returning to normal, now. But, at some point in the future, home price growth will be anything but normal. The pent-up demand for housing is huge. Right now, we have multitudes of potential homebuyers sitting on the sidelines. Most are priced out by the high mortgage interest rates. Or, they simply will not accept what they can purchase with the current mortgage rates. The other segment is made up of those current homeowners who are sitting on very low mortgage rates (i.e. 2.5% to 3.5%). Unless they are forced to move, they cannot justify giving up the low rate in exchange for a higher rate on an inferior home. These two groups will be unleashed when mortgage rates fall to the magic number. I believe that number is 6% or lower. Many informed professionals believe we will see lower rates next year.