NAR Names Lawrence Yun Chief Economist

Author: Jay T. - The Editor

Posted on November 2, 2007 
Filed Under NAR - General

I suspect a lot of people assumed Lawrence Yun already was the “Chief Economist” for the NAR. But until today he was actually the NAR’s senior, not chief, economist.

What’s the difference? I dunno. Yun was a VP and senior economist. Now he’s a Senior VP and Chief Economist. I suspect the impact to Yun’s paycheck is significant. I doubt it will change much what he does for the NAR, nor his semi-regular proclamations about the state of real estate.

From the NAR’s press release:

“He is a no-nonsense and level-headed analyst of the housing market who calls the data as he sees it, and has guided NAR with skill as chief spokesman for the past several months in a competitive real estate market. We have great faith and trust that Lawrence’s tenure will be a stellar one that will enhance NAR’s reputation as the most reliable and credible source of real estate research.”

Whatever.

Comments

5 Responses to “NAR Names Lawrence Yun Chief Economist”

  1. Charleston real estate blog on November 3rd, 2007 6:21 am

    After enduring the reign of the “Laughable Lereah”, perhaps a few jokes about economists are appropriate to welcome “Funny Yunny” to the post.

    Q: Why did God create economists?

    A: In order to make weather forecasters look good.

    Economics is the only field in which two people can receive a Nobel Prize for saying exactly the opposite thing.

    The First Law of Economics: For every economist, there exists an equal and opposite economist.

    The Second Law of Economics: They’re both wrong.

  2. Athol Kay on November 3rd, 2007 4:07 pm

    Seeing that they didn’t say in the press release that now was a good time to buy, I suspect that it’s not an offical release JT.

    :-P

  3. The Feed Bag on November 3rd, 2007 4:32 pm

    […] It’s a bemusing post by JT at NAR Wisdom… NAR Names Lawrence Yun Chief Economist […]

  4. Greg Solfanelli on November 11th, 2007 3:49 pm

    Congrats Lawrence! :) Existing-home sales will still set record highs by the end of 2007… impressive despite the state of the national real estate market as a whole, but then again… “all real estate is local.”

  5. David Jackson on November 13th, 2007 12:04 pm

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