It's always been a source of annoyance for me when people talk about the real estate market like it's the stock market. They say it's "good" or "bad," in a blanket fashion, when they typically mean that it's good or bad for sellers. In fact, a market that is good for sellers is inherently less favorable for buyers, and market dynamics that favor buyers are less kind to sellers. So, it's never really a bad market for everyone and, to be glass-half-full about it, it's always a good market for someone -- whether that someone knows it or not.
But lately, I'm seeing less of this problem. There's a new popular misconception in town. It suddenly seems de rigueur for both sides to think that the market is great -- so great, in fact, that real estate consu