Thursday, January 25, 2007

Lereah: 'No Bubble Burst in 2006'

David Lereah claims that "There was no bubble burst in 2006," Lereah said. "We know the speculative buyers left in 2006," he said.

Prices have adjusted in most metro areas, Lereah said. "It's becoming a buyers' market.


At 5:14 PM, Blogger Out at the peak said...

My favorite quote from him now is, "With fingers and toes crossed, it appears that we have hit bottom in the existing home market."


At 8:53 PM, Blogger first_time_buyer said...

i wonder what did he cross when he used to cheerlead the crowd.


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