What do you think is going to happen to the housing market in the US?

I do mortgage lending & rates are in the 2's if you have great credit.  I've been doing this since 1986 and have never been so busy!  Values in my state are going up & we have tons of people moving to my state from California and New York to get away from the high prices there.

Its very difficult to guess at future house prices (though long term they'll probably go slowly up, as they usually do) but interest rates are very low right now.  Thus, if you are planning to buy a house, may as well do it now.

First, interest rates are low, so that is good for buyers.

I think a lot of people are looking to relocate.  Cities to suburbs, more populous states to less populous states, away from a state dominated by the political party that you oppose, etc. It will become less important to be close to work if your work will continue to allow you to work from home. So this should increase the supply, which is good for buyers.

Sadly, in any crisis, there are also opportunities.  So yes, I think this IS a good time to buy, assuming your income/employment situation is secure.

No one will be able to afford a house and we'll level everything hoping to start over again.

Goes hand in hand because when the market is down its cheaper to buy, but sellers also dont get as much for their house.  When market is up you get more selling your house, but you also have to pay more to buy your next house.

I just live with your mom and sleep in her bed.