The National Association of Realtors (NAR) are not neutral commentators on the nation's housing market. Isn't that obvious? Realtors make their money by selling homes. People will not buy a house if they expect the price to fall from its current level. Therefore the NAR will have a strong incentive to paint an overly positive picture of the housing market. This leaves the question, why does USA Today print the NAR' predictions for the housing market without presenting any alternative perspectives?
--Dean Baker
