You are comparing apples and oranges - i.e. sellers who place their home on the MLS without a traditional agent and those that never put their homes on the market but do a private deal.

One in 35.Apples and oranges.However, facts often have no influence on emotion, and right now the reactions in the media, the markets, and around the world are based purely on emotion.

That is why he famously stayed out of technology for years, until buying IBM and then buying Apple.

Areas that work for ME: South Minneapolis, but I started buying South of the River (Prior Lake, Apple Valley, Burnsville etc).

I work with Merchants Bank (Rosemount or Apple Valley).

I think the issue with the above sentence from NAR is that it leads many to think its an apples-to-apples comparison, where it's clearly not.

many turn key homes are bought in as is condition.. and then 15 to 40k is put into them to bring them up to turn key condition.. you maybe seeing properties that are in need of full rehab.have to compare apples to apples.

Area with desirable school district, 90% owner occupied, mid tier restaurants are in these areas, Apple bees, Fridays etc.

I LOVE ME FREEDOM ...You know the saying " 1 bad apple and alll that ....."

Ya, maybe it's time but might be another 20 years and people still talking about it.You are comparing apples and oranges talking about Oak Park now vs 20 years ago.