And Miss Evans, a note for your reference, REAL economists don't lie, distort and deceive. They use theories and evidence to try to come to understandings and the truth.
FAKE economists, like whoever the NAR employs, are paid liars who manipulate data to fool the American people into thinking it's always a great time to pay a real estate clerk a commission.
Have you no shame?
Meanwhile, nice to see Reuters pick up on David at davidlereahwatch. I'm tellin' ya, the NAR and realtors around the country probably have "how can we silence the bubble blogs" meetings. And they know their days are up, because they can't.
WASHINGTON, April 30 (Reuters) - The economist who prodded investors into the U.S. housing boom and has been skewered by bloggers during the bust is leaving a top real estate trade association, the group said Monday.
Still, others excoriate the former bank regulator and economist with the Federal Deposit Insurance Corp. for maintaining a rosy outlook on the home market even while the demand for homes has evaporated.
One blog, David Lereah Watch, cites passages from Lereah's books and his encouraging words about the housing market and asks him to "admit he cheerleaded this destructive housing bubble."
In October, Lereah said that he expected "sales activity to pick up early next year." In recent months, Lereah has pushed his expectations for recovery deeper into 2007 and has trimmed his forecast for home sales for the year
Blanche Evans, the editor of Realty Times, an online magazine for real estate professionals, said Lereah's outlook for the market is a reflection of his sunny disposition.
"That is part of his personality. He is one of the most bright and energetic people but that does not mean that he's a Pollyanna," said Evans, author of "Bubbles, Booms and Busts: Make Money in ANY Real Estate Market."