Good point, SD-R. Once the market “corrects,” the newbie realtors will be gone, and then only the professional realtors will stay.

Some people don’t realize that it is the NAR’s job to be cheerful of the market and to present data in a way that makes buying or selling attractive. Unfortunately, many expect the NAR to give unbiased investment advice! That’s like expecting GM to tell you objectively about the environmental impact of Hummers.

As a smart consumer, you know that GM is in the business of selling cars, and you take their marketing claims with a grain of salt. Same with the NAR.