NAR just can’t keep itself from understatements which I believe, ultimately discredits the association completely. It’s sad, it makes me mad and I pay for it. Go figure!

Trader Mark over at Seeking Alpha made another pertinent point, NAR has been consistently wrong for 9 months and continues a trend of predictions. In this case however, Yun of NAR said: “Home Prices will be flat next year, as will home sales…” Right… Huh, that news? Everyone has been saying this for some time and some of us have known this for an even longer time.

It’s really unfortunate that NAR keeps on trying to rile up a market that is sagging. Let’s just stick to informing people. We can still inform and point the positives. However, by keeping on making predictions that are “reviewed” the following month only adds to eventual distrust and finally people not taking you seriously anymore.

Let’s hope Richard Gaylord, our local hero will do something to raise the quality standard of NAR. I see too many people rolling their eyes at the mention of the association.