So The NAR Inflated Sales Numbers From 2007-2010. What Does This Mean For the Charlottesville Area Housing Market?

The National Association of Realtors, whose primary purpose is to boost the profits of its members, has announced it misled home buyers, sellers, Congress, and the Mainstream Media about how deep the housing bust has been.  From 2007-2010, the NAR overestimated sales by 6.5 Million, at a rate of 14.3%.

And here's the kicker: the NAR's new numbers still aren't  accurate.  The NAR still isn't