Real Story of Housing Market

With all media outlets spitting out horror stories of crashing economy and crumbling real-estate market, lets cut through the chase and find out the real statistics of housing market. Once you get the real statistics you can decide for yourself where do we find ourselves.

In telling a story, what is being said is as important as who is telling the story and how. In the end it comes down to the classic case of whether the glass is half-empty or whether it is half-full. The way you perceive is dependent upon your own personality, which, often, gets influenced and shrouded by the media.For the real statistics on housing market, I would like to take you to the website of the National Association of Realtors at http://www.realtor.org/.Once there, click the 'research' link on the left hand side. A new menu shows up with white background under 'research'. Click 'Housing Statistics' and then 'Existing-Home Sales' and then 'Existing-Home Sales Overview Chart for Printing (PDF:17KB)'.

Or, if you want to avoid steps above simply click Existing Home Sales Statistice.

This is the real statistics. Compared to 278,000 houses sold in the US in Jan of 08, 257,000 houses are sold in the US in Jan of 09. Yes the market is bad. But not as bad. Is it?

This website is full of good information. Absorb as much as you can and decide of yourself.I personally would like you to believe that the glass is half full and not half empty.

Cheers everyone. Chin up.