The headlines about the real estate market are sensational to say the least. It’s been going on for years. In 1897, Mark Twain (Samuel Clemens) had to write a letter to the New York Journal to say “The reports of my death are greatly exaggerated". And so it is with the doom and gloom headlines about the housing market. Here’s the truth in this month's real estate market update.

Properties are moving! That rise in closed transactions completely counters the pervasive fear of the market seizing up. It proves that this market, while slower and requiring more patience from sellers, is definitely not frozen.