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Noah Calls Out NAR “Predictions”

Author: Jay T. - The Editor

Posted on December 10, 2007 
Filed Under NAR - Forecasts

The ever brilliant Noah Rosenblatt digs into the NAR’s always rosy, often incorrect housing market predictions.

“. . . lets check in on the NAR’s track record for the past 12 months or so. The NAR has unsuccessfully predicted housing trends for 70% of 2007! For the past 9 months, count ‘em NINE MONTHS, the NAR had to downwardly revise their housing predictions; which were unsurprisingly too bullish.”

This is required reading folks.

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• About NAR Wisdom

  This weblog was created out of frustration. Frustration with the NAR. They seem almost completely out of touch with today's market, and the needs of real estate agents and real estate consumers alike.

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