Spring and Summer Will Tell Us A Lot About #RenterNation

CBS MarketWatch has a story quoting a "prominent economist" predicting a 25% drop in homes sales by the end of the summer:

Ian Shepherdson, chief economist and founder of research consulting firm Pantheon Macroeconomics, is predicting a dramatic fall in the pace of home sales this year. In a research note, he projected that existing-home sales will drop …