Feb 14
The National Association of Realtors® (NAR) has
insisted for years, and insisted adamantly since the “bubble” started to
burst, that real estate, like politics, is local. The quarterly survey of
home prices that NAR released on Thursday proves this point and also
indicates that, while the housing market is grim in some parts of the
country it is doing quite well in others.
The survey which covers the fourth quarter of 2007 showed that
73 of the 150 metropolitan areas in the survey continued
to show rising median prices for…