Flat Fee MLS Listing

The ThinkingAboutMoney blog had an interesting piece analyzing the state of the housing industry. Many pundits have proclaimed that there is a bubble and that it is bursting. Much of the evidence is related to the recent growth in the number of houses on the market and the reduction in the number of transactions, however, the question this article raised is whether that is a relevant measure of a decline in the housing market? Since housing prices have remained relatively stable, while price growth has slowed down, it may be that a reduction in the number of transactions is more consequential to realtors then the homeowners, in that now there are more realtors working fewer transactions.

This entry was posted on Tuesday, July 11th, 2006 at 9:29 pm and is filed under Flat Fee MLS News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.