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Holy Crap! National Association Realtors admits to price drops!

by Morgan on April 11, 2007

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Could it be?  The National Association of Realtors, on the heels of their "It’s a great time to buy" campaign are predicting the following? From the Wall Street Journal (subscription req’d)

WASHINGTON — A real-estate trade group lowered its forecasts for U.S. home sales this year, while projecting what would be the first annual decline in the median national existing home price since it began keeping records in the late 1960s.

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