mbborak

Admissions of Spin at the NAR

Some will simply do/say anything to maximize their own private gains. This is why we need oversight and regulation. Lereah is no different from the loan originators, investment bankers, and finance CEOs who sacrificed all consideration of their client's well-being to pump up their next bonus check. He rode the real estate bandwagon all the way up and jumped off before it tumbled down the mountain.

I remember wondering to myself when the media would stop going to the NAR for forecasts when every single one of them was proven too optimistic.

The question is, if the realtors themselves won't hold him accountable, who will? Certainly not the mainstream press. And unfortunately, Seeking Alpha is not considered "mainstream".