I read an article today where a realtor attributes the increase in listings to slow sales in the fall (meaning everything has been just fine this spring). He says the increase is due to people who took their house off the market last fall when it did not sell and have now put it back up for sale.
WHEW! Nothing to worry about folks! The glut of homes for sale only reflects a problem last fall!
I think there are a lot of good realtors out there who HAVE to convince themselves that everything is fine. How else could they sell overpriced home to nice families? It would be hard to look at yourself in the mirror if you KNEW that you were shepherding good people toward financial ruin.