It's hard for me to trust what NAR says on the article. To me, it sounds like any stock broker manipulating the data to make it sound good.
The scenario from the same article makes much more sense to me.
Quote:
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Robert Walter spent Tuesday morning packing up the last of his belongings he left behind in his Greenville County home just before relocating with his wife to Aiken for a new job."Would like to be done and move all of our stuff and just not have to worry about a house up here anymore," said Walter.Hauling the furniture two and a half hours away to a temporary apartment is a walk in the park compared to how Walter described the process of selling his home."It's been a long journey so far," said Walter.Walter put his house on the market about 10 months ago, and since then, he's had to drop the price about $11,000."Not a whole lot of people calling. We've had very few showings," said Walter.
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Just voicing my opinion.
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