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by CareyBot

So often, analysts focus on what buyers are thinking and doing as a key barometer of consumer confidence and the state of the economy. In real estate, however, everyone who makes a monthly mortgage payment is technically "consuming" housing, so it makes sense to pay attention to what homeowners and would-be sellers are doing and not doing, too. For example, one group whose decision-making vis-à-vis their homes provides interesting insight into (and impacts on) the housing market, is the homeowners who would have sold their homes and moved to a bigger, better one in the last couple of years had the market not been in crisis. The market has caused many of these would-be sellers to do what I like to call "bloom where they're planted." Selling now seems infeasibl...