Did they really say this? Greenwich Association of Realtors: “It’s half of what it was, but twice what it will be, so basically it’s average!”

GAR pep rallly

Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher.

Well, okay, they didn’t say that, Glenn Reynolds said that.

But I know a number of realtors who’d be happy to tell you the same thing, though without the tongue in cheek.