The NAR has been terrible in this mess. The t-bone remark really is a good analogy. I have lots of friends and acquaintences that are real estate agents. The NAR may do good work just like the hound may be good at whatever he does - just don’t be surprised if he thinks it’s always a good time to feed him a steak.
The answer is predictable - and completely useless.
Housing prices always go up and down. Do you blame your car salesman when the factory raises the price or builds a Pinto that nobody wants?
Why blame the Trade Organization of salespeople?
The NAR analyzes the market and forecasts the upcoming market.
All too many of you posters here are blaming the salesperson for the market.
Shame.