Lereah on Foreclosure Properties
"There are some good buying opportunities," says David Lereah, the NAR's chief economist. "But don't repeat the mistakes of the foreclosed borrowers." (USAToday 3/29/07)
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.
"There are some good buying opportunities," says David Lereah, the NAR's chief economist. "But don't repeat the mistakes of the foreclosed borrowers." (USAToday 3/29/07)
6 Comments:
Shame on you Lereah.
You are about 4-5 years to late for this slick warning.
Your comments sicken me.
I also will make every effort not use a realtor.
Please resign now
Lereah you said sometime ago that real estate goes up inflation +1 or 2%.
why won't you or your slick organization admit that house prices are so unaffordable for the avg family?
Prices need to go down so it is affordable with a regular loan not some toxic meltdown loan.
Reminds me of Goldman's shill, Abby Cohen. From 12/30/99 . . .
"At this point, we think that [Standard and Poor's 500 index] profits will be up eight to 10 percent, so stock prices should rise about the same level,” Cohen told CNNfn.
Cohen pointed to the financial services industry and "other industrial cyclicals” as the most likely areas for growth this year, but said investors still could find some reasonably priced investments in the energy and technology sectors as well.
"My feeling is there are some good areas of opportunity left in the Nasdaq, but investors have to be careful,” she said. After a wonderful year in 1999, stocks are not as cheap as they were.”
Cohen said despite the run-up in stock prices the last two weeks, she is maintaining her outlook because of the strong U.S. economy and the projected continued corporate earnings growth, albeit at a slightly more tame level.
Just two weeks ago, Cohen predicted the Dow Jones industrial average would close the year 2000 above 12,300 while the S&P 500 would finish above 1,525."
shameful!!!!!!!!
小学校の高学年以上になると個室を欲しがる
伝言方法などは各会社に…
着替え用のスペースは…
デジタルハイビジョン画像…
営業姿勢営業姿勢
これに栄養を補うように
薬事法というのは
資金を拠出した側の利益は金利
CSによる衛星通信は契約…
消防設備士消防設備士とは…
シミになった時は牛乳な…
運転時の視野が広がり
離乳食は少なめにし牛乳
食事の間隔もあけてみなが
また他の人から依頼を…
例としてオーディオカセッ…
軸となる資金融通に関連して
解け合い溶け合い
治療を始めてから4週間後に
いろいろと工夫して手作り
seego
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