House Prices May Fall 10-15% Because of Shadow Inventory

A very interesting interview about how the shadow home inventory will hit the house prices across the nation. The mortgages rates control the real estate prices. The Fed is going to stop buying mortgage backed securities in March. If the current mortgage rates go up to 6 or 6.5 percent, real estate consultant John Burns says the house prices will "easily" fall another 10-15 percent.