Is There a Real Estate Market Meltdown?

The key right now, the Wall Street Journal called it the golden handcuffs of the low mortgage rates that most people have. No one wants to sell and walk away from really low mortgage rate and then have to face one that's like twice as much. People are still going to stick with the old house until again, selling prices are sticking on the downside. And homeownership is very sticky, especially when prices go down.