Nashville, Tenn. -- A few months ago, John Burns described himself as a raging optimist. Today he's just an optimist.
That was one of the observations from the real estate consultant's presentation at the ProDealer Industry Summit. The fundamentals of the housing recover are solid, he said. But in the sales office, sales and bargains and price drops surged in September. A survey showed 10% of builders surveyed dropped prices, from zero in the previous month.