I am predicting a 25 to 35 percent correction, roughly. Not sure when, but my business has already slowed down considerably for summer time. Part of that is lack of inventory, which I feel is going to change.
Read some article about how the inventory is going to be increased soon due to short sales, and people with multiple rental properties that haven't been paid rent on now for a long time.
I'm no market guru, but I just feel like we have been here before. Prices are back to all time highs, and even if it's for different reasons, there is always ups and downs every 10 to 15 years. It's coming.