The NAR will both predict and point out anything that has to do with “higher prices.” Yesterday there was a thread where they say that the market “has bottomed.” I Resent Realtors(R) with a capital R, and I am disappointed that such a mass of uneducated buyers and sellers are complicit to their propaganda and price fixing by putting in a system that prevents the free market from operating.

Even people here who have a lot of economic insight drink the Realtor(R) kool-aid.

Having said that, the market *is* sticky on the way down. Cookie cutter houses with small lots are still way overpriced, and I’m not seeing anyone “make a move” by offering properties at prices what buyers can afford.