[quote=Rich Toscano][quote=jpinpb]Wouldn’t the median go up in price as the high end reduces, thus falling into the median bracket?[/quote]
Anyway, as to the original post — that housingtracker site measures asking prices… as this redfin chart shows, there is a difference twixt asking and selling prices:
Rich[/quote]
Excellent point….the fact is, prices AREN’T going up. If anything, banks continue to price lowball listings to get people in the door.