It was intriguing to read NAR chief economist Lawrence Yun's recent commentary regarding the state of the U.S. real residential real estate market.
I wanted to quote one of his comments that I think is particularly important for everyone to keep in mind: "REALTORS have to educate their clients that all markets are local and that problems in a few areas aren't meaningful," he said. "A national picture of the real estate market is about as valuable as giving a national high temperature for the day."
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