Define “Bad Market”

Now here’s something you probably knew: According to the Florida Association of Realtors® (FAR), Florida’s housing sector continued to mirror the national trend during the third quarter 2006, showing higher levels of homes available for sale in many markets, and a slowdown in sales.

Here’s something you probably didn’t know: NAR’s latest economic outlook calls for existing-home sales to be fairly stable in the fourth quarter, with 2006 expected to be the third strongest year for sales after consecutive records in 2004 and 2005.

And we’re calling that a bad market?

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