Thursday, March 27, 2008

Where in the World is David Lereah?

David Lereah no longer works at Move Inc where he was the Executive Vice President. During the time period Lereah worked at Move Inc, their stock price decline sharply. He now works at Reecon Advisors in Washington, DC. For more info see here.

David Lereah was recently featured as an 'expert' on the housing market on a MSNBC piece. One thing Mr. Lereah said was "If the housing market continues to slump, the economy will continue to slump."

3 Comments:

At 1:31 PM, Anonymous DaveO said...

During the time period Lereah worked at Move Inc, their stock price decline sharply

F'in hilarious! I wonder if he told them that the worst is over and their stock should stabilize this spring.

 
At 4:08 PM, Anonymous Anonymous said...

Is Reecon in the market. I would short it....

 
At 10:38 PM, Anonymous Anonymous said...

It's too bad your blog only covers David Lereah since there are so many active REALTORS in our market who are little more than predators. NAR likes to cover predatory lenders, but do not whisper the phrase predatory REALTOR. Those are REALTORS who sold, sold, sold to whomever, to clients who are now foreclosing, and have the audacity to say it was all the fault of the "irresponsible buyers." Yep. One calls himself Broker Bryant of Kissimmee Florida.

 

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