Every-time I hear NAR's outlook on the Real Estate market I want to crawl under a rock. The market will recover, but the real estate market is going to recover in it's own time on the market's own cycle. Why my industry thinks that it can hype the real estate market into recovery is one of the most professionally embarrassing things I have to put up with almost daily. This is great Video on Yahoo Finance that calls out the error and problems NAR creates for it's members with it's Polyanna-ish prognostications. Before anyone claims that doom and gloom is not the proper way either, I agree, but how about just telling it like it is?
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