We had our open house last weekend and believe the news when they tell you that the housing market is collapsing. Over the last 4 days we have the had house on market, we had zero tours on saturday or sunday morning. On sunday afternoon, our realtor organized a open house that 6 people came by, and then an additional couple stopped by later in afternoon. We don’t know if this is going to result into a offer on the house, but the change in the market dynamic is so drastic its unbelievable. Luckily for us, we dont have to have to sell this place and can put it on rent. But I fear for people who overpaid hundreds of thousands more on their second homes, and hoped to sell their first home to refinance their second home. Ugh. We are in for a wild ride.