Home prices are falling, but is the sky falling?
Some real estate agents suggest that sellers dropping their listed prices – Redfin reported that about 70% of homes in Boise have done so – is "normal market cycle activity."
Scott Harris, at New York-based Brown Harris Stevens, tells GlobeSt.com, "The pendulum swings back and forth. In New York City, we didn't see the pendulum swing to new market peaks — what we tend to find is that our market is far less volatile than everywhere else.
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