NAR Chief Economist Upbeat But Points To A Few Possible Problems

RE:NAR Chief Economist Upbeat But Points To A Few Possible Problems

reality — Wed, 18 Apr 2007 11:00:00 GMT

I'm sure the few honest realtors that exist are currently wearing bags over their heads. The NAR is a sales organization no more no less. If you want advice about anything in life I would not recomend asking anyone who has an economic interest in the answer.

RE:NAR Chief Economist Upbeat But Points To A Few Possible Problems

MarkusArelius — Fri, 13 Apr 2007 11:00:00 GMT

Yeah, it's the media, David. As if members of the NAR haven't profited from the negligence, ineptitude and general cluelessness of the media for the last 7 years as home prices rocketed into the stratosphere despite no link to economic fundamentals, i.e. median incomes, employment, discretionary income, family debt ratios? Realtors must have a patent on disingenuousness. Problem is, people smell Mr. Lereah's spewage for what it is, over the top B.S.

RE:NAR Chief Economist Upbeat But Points To A Few Possible Problems

Sue — Thu, 12 Apr 2007 11:00:00 GMT

Do the comparison shopping of the homes that have sold at that lower price and than negotiate form there.

RE:NAR Chief Economist Upbeat But Points To A Few Possible Problems

The Truth — Tue, 10 Apr 2007 11:00:00 GMT

Once again, candy-coated comments by Lereah & the NAR in a feable attempt to influence the market. Give it up, we're on to you Lereah!!!

RE:NAR Chief Economist Upbeat But Points To A Few Possible Problems

Question — Tue, 10 Apr 2007 11:00:00 GMT

Why is everyone so happy about the prime loans when clearly housing prices have gone beyond affordability? So what if a prime borrower has a 750 FICO but falsified their income to buy a house? They still can't make the payments when the rate adjusts. They can't refi with the dropping housing prices putting them upside down, and the feds in anticipation are reluctant to adjust the rates upwards to avoid making the matters worse. My question is, "How can people afford these housing prices?"

RE:NAR Chief Economist Upbeat But Points To A Few Possible Problems

notsofast — Tue, 10 Apr 2007 11:00:00 GMT

As a buyer, why would I ever pay current market price knowing full well that the appreciation of the last few years was a result of speculation,poor lending standards and rampant fraud?