February 4th, 2008
Can’t sell your house? Swap it
What happens is that homesellers who can’t sell their properties find other sellers in the same situation. The owners then swap their homes, buying each other’s properties.
What happens is that homesellers who can’t sell their properties find other sellers in the same situation. The owners then swap their homes, buying each other’s properties.
I’ve written before about how the National Association of Realtors isn’t necessarily to be trusted to give an accurate picture of the nation’s housing slump. This isn’t a surprise: The association exists to serve real estate agents. Its main goal is to make sure that agents sell more homes.
Even previously strong real estate markets are now suffering from the housing slump.
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