less on politics (other then a market not liking the DEBT load as tome future date)
it is economics
strong economy will come and that will raise interest rates
the cost to carry the same house at the same price for buyer NEW is higher
if the housing market can not carry say a 10% increase in carrying cost the price will fall
not a comment on any house or neighborhood but it is true overall - higher interest rates - without accompanying matched increase demand - results in lower prices for home ---- as the home price is the NPV of a series of payments to pay off the mortgage (and the DP). As that NPV of a series of payments to pay off the mortgage rises with higher interest rates - price must come down to balance ---- absence serious increased demand from say income and wages seriously up
Simply supply and demand - not R not D - not political - not opinion - it is capitalism and markets