Wednesday, April 11, 2007

National Association of Realtors Predict a Decline in Prices
This is not a joke. Realtors predict the national housing market to have its first decline since home prices started being tracked in 1960. Realtors are optimistic, and as a group they have never seen a bad real estate market. And the only market better than the current market is next month's. It makes one wonder how bad the real estate slump is if these Pollyannas are looking for a decline.

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