mitch rachelle is back. >> it is down 970.ore active listings now and some home prices are being cut. therefore, look for a buying opportunity this fall. >> they are self-interested because they make money when there is real estate activity. that said, i do believe it is true. rising interest rates are starting to scare home sellers, feeling like if they don't sell now interest rates get too high and buyers will disappear. we talked about sellers being trapped by a low mortgage rate but they don't want to blow market timing so we are seeing an uptick in listings during the period of the year generally six months earlier or later. stuart: doesn't amount to a hill of beans or an uptick? >> when we see existing home sales later this month, we see record low inventory but on the margin we see people put their homes on the market and asking prices that are frothy and sellers getting more realistic. that is why they are dropping asking prices. whether it's a good time to buy, absolutely. that's what you see the treasury market doing