"Median home prices fell nationwide in 3Q": Yahoo!

  1. fishskinfreak2008 profile image61
    fishskinfreak2008posted 8 years ago

    Lawrence Yun, National Association of Realtors' chief economist: "The decline in the national median price HAS MODERATED RECENTLY, and A SHRINKING SUPPLY of unsold inventory suggests we are GETTING CLOSER to price stabilization in many areas", but we are clearly NOT THERE YET. "But we need A STEADY STREAM OF FINANCIALLY QUALIFIED buyers to further reduce inventory and get us to a self-sustaining market." What are the chances that manya people will be "financially qualified" considering that we are looking at THE WORST JOBS MARKET IN ALMOST 3 DECADES? NOT LIKELY AT ALL