David Lereah Watch
David Lereah is the former Chief Economist and Senior VP of the National Association of Realtors (NAR). Between 2001 and 2007, Mr. Lereah regularly made statements regarding the housing bubble. The media regulary turned to him for real estate quotes. He was very influential. Mr. Lereah tells half truths and manipulates facts and figures. He cannot be trusted as he was a paid shill.
2 Comments:
My favorite quote from him now is, "With fingers and toes crossed, it appears that we have hit bottom in the existing home market."
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i wonder what did he cross when he used to cheerlead the crowd.
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