Maybe, but I had friends making all-cash, over-asking-price offers last summer but getting outbid. Interest rates never factored into their thoughts at all . .

Maybe, but I had friends making all-cash, over-asking-price offers last summer but getting outbid. Interest rates never factored into their thoughts at all . . . They simply noped out on shopping because the market seemed so irrational to them personally. I wonder if other similarly wealthy buyers looked around and just did the same . . .