What’s changed in the last 10 years:  home owners are paying their mortgages on time & few are seeking cash-out refinances.   According to Lawrence Yun, NAR chief economist expects home prices to rise continuously as long as mortgage rates remain under 6%.  It will rise, of course.  The U.S. needs more robust  job creation and meaningful increases in income levels to help propel home prices.  For now, though, NO BUBBLE or impending CRASH is in sight.