Leave it to the NAR's Lawrence Yun to get carried away over the latest home price data, as he...

|By:, SA News Editor

Leave it to the NAR's Lawrence Yun to get carried away over the latest home price data, as he looks ahead to a potential 10% rise by this time next year. With lots of homes in the foreclosure pipeline and pent-up demand for a better market to sell - with the slightest price appreciation likely adding inventory to market - Bill McBride says of Yun's irrational exuberance: "Not. Gonna. Happen."