The Home Builders Association met yesterday and predicted that 2008 is going to be a tough real estate year and that we should see some recovery in 2009. The choice quote in Ryan Frank’s story on the front page of the print version of the Oregonian business section is, “my daughter’s Realtor is becoming a phlebotomist,” said economist John Mitchell.
I get a little squeamish having my own blood drawn so can’t imagine that I would enjoy drawing it from someone else! The National Association of Realtor expected 10% fewer Realtors in 2007. I wonder what they are figuring for 2008. They can count the four of us in.