EconomicPolicyMonitor.com: The Always Bullish National Association of Realtors Has Cracked

EconomicPolicyMonitor.com: The Always Bullish National Association of Realtors Has Cracked: "They admit that existing-home prices are beginning to decline.

'The national median existing-home price will probably slip 0.7 percent to $220,300 in 2007, following a 1.0 percent rise last year,' the National Association of Realtors said today.

This would be the first overall drop in housing prices in more than 38 years."