Monday, May 19, 2008

Yun: Prices Going Down So Fast

"Because the prices are going down so fast, we'll be hitting the stabilization point sooner," said Lawrence Yun, chief economist at the National Assn. of Realtors.

Oh well! No bottom yet!

5 comments:

Anonymous said...

Considering that the next president of NAR will be African American, I think it might be time to drop the whole "NAR is run by monkeys" theme. Because then that will be viewed as totally racist, IMHO.

Dan said...

I wrote piece for my blog (dansdeepcreekblog.blogspot.com) on your good friend Mr. Yun which will appear Monday morning. Good to see someone is keeping a close eye on him. Keep up the good work.

Anonymous said...

Again another "chief economist". We should turn the ALP (Anti-Lereah Predictor http://restart2.blogspot.com/) into an A-NAR-P

Seriously this NAR is a pain. Liars!

Anonymous said...

Look at Yun's latest BS: Realtors' chief economist delivers upbeat view on home sales

He says "Home prices in South Florida 'easily' could be 20 to 30 percent higher by 2013".

Anonymous said...

Wise words from a wise man. :/