It appears that residential real estate has topped out for this cycle. Mortgage rates bottomed out and the speculative bidding wars on homes, by both buyers who wanted a place to live, as well as investor giants like Blackrock looking for capital appreciation, have eased. Now Zillow who announced a couple of weeks back they were suspending buying homes, is said to be under water on 65 % of the portfolio of homes in their inventory. zillow-stock-dives-after-analyst-highlights-two-thirds-of-homes-bought-are-underwater-11635785293?siteid=bigcharts&dist=bigcharts