These things are tools. Is a chainsaw a good thing or a bad thing? If you're cutting down a stand of trees, it's a good thing. If you accidentally chop off your finger, it's a bad thing.

We may see a flattening of the increase, but not much of a drop. The fundamentals remain strong: Employment is robust, and interest rates remain low.

That would be your standard adult bald eagle...just kind of hanging out as they do.

Homeowners are taking advantage of the rally by locking in still historically low long-term mortgage rates.

The bulls basically hoped for a number showing housing is eroding, and they didn't get it. I'm not surprised. As long as jobs are strong -- as long as interest rates are low -- this isn't going to change.

This is one of the many different tactics businesses are using to get in on the hot housing market. Lenders are grappling with what they can do to keep people coming to the market.