I think most of us would agree, the market in TV is not necessarily reflective of the housing market in general. While home prices here have not been hurt as badly, those who need to sell before they can move may need to be more flexible in pricing their homes.
According to a CNN today article,
"...The (National Association of Realtors) said existing home prices are also expected to fall. The aggregate median existing-home price is projected to fall 6.2% this year to $205,300, and then rise by 4.3% in 2009 to $214,100, the report indicated."
http://biz.yahoo.com/cnnm/080708/070...ales.html?.v=1
I have seldom agreed with Jim Cramer - a few years ago he was touting penny stocks! But he does sell plenty of books :
