NAR says NOW is the best time to buy a house : )

[outtamojo]

U.S. Housing Affordability Index Hits Record High, Says NAR http://www.worldpropertychannel.com/north-america-residential-news/housing-affordability-index-national-association-of-realtors-nar-mortgage-interest-rates-median-home-price-median-family-income-moe-veissi-mls-home-listings-5378.php

Congratulations recent buyers and refi’ers the NAR agrees with you!

[ocrenter]

A broken clock is still right twice a day.

[Rich Toscano]

Exactly right ocr… and of course this conversation wouldn’t be complete without a callback to this classic from November 2006:

http://www.iaconoresearch.com/BlogImages/08-04-17c_GreatTime.png

[sdrealtor]

Cmon guys! Its always a good time to buy and sell real estate.

[Jazzman]

You know I think they make these announcements just to taunt people. I honestly think that most people listen to this kind of hype in the same way they would the late Bill Mays. A mixture of admiration for sheer audacity, and utter boredom with prehistoric marketing.

[sdrealtor]

In all fairness the first sentence is that now MAY be the best time. It’s still rhetoric but there is a difference. They also provided data of record high affordability levels. I’m not defending them because they have been saying this forever but this time they MAY actually be right

[sdduuuude]

[quote=Rich Toscano]Exactly right ocr… and of course this conversation wouldn’t be complete without a callback to this classic from November 2006:

http://www.iaconoresearch.com/BlogImages/08-04-17c_GreatTime.png%5B/quote%5D

That really is spectacularly awful.

“Now is the best time to generate a commission for the RE industry.”

[sdduuuude]

[quote=sdrealtor]In all fairness the first sentence is that now MAY be the best time. It’s still rhetoric but there is a difference. They also provided data of record high affordability levels. I’m not defending them because they have been saying this forever but this time they MAY actually be right[/quote]

This is sooooooooo “The boy who cried wolf”

Eventually, there’s gonna be a wolf.

[Reality]

It’s a great time to get a commission.

[Author]

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