Some Interesting Commentary from *Outside* the RE.net on NAR Forecasts
Author: Jay T. - The EditorPosted on December 20, 2007
Filed Under NAR - Forecasts
As real estate professionals and webloggers, we often tend to get sucked into our little corner of the world. We all have our opinions of NAR forecasts, be that good, bad or indifferent. I happen to believe it is good to step outside the real estate world and take a look at how those who don’t sell real estate for a living perceive things…
The NAR’s Sunshine Boys - via Popmatters.com
You can’t trust anything their forecasters say.
This is apparent to anyone who follows developments in the housing industry in the business press, yet the business press continues to report their meaningless sunshiny accounts of the economy as though it constitutes news, discrediting other analysts across the board. Journalosts could get much more reputable numbers from the National Association of Home Builders, a trade association rather than a sales association, with less of an agenda in its forecasts.
This post refers to an article on Slate — Worst. Forecasters. Ever? The cockeyed optimists of the National Association of Realtors — that was posted on December 10.
And speaking of the Slate article, last week Daniel Gross, the author of that piece, held an online Q&A on the Washington Post:
Slate columnist Daniel Gross was online on Washingtonpost.com on Dec. 13, 2007, to discuss the National Association of Realtors’ sunny report on the housing market and other financial topics. An unedited transcript of the chat follows.
Here is the link to the transcript. This is very interesting reading folks…
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4 Responses to “Some Interesting Commentary from *Outside* the RE.net on NAR Forecasts”
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The link to the “sunshine boys” goes to your wp-admin.
Whoops. Thanks Jim. Fixed…
Someone (preferably you ‘JT’) needs to start a NAR Implode-o-Meter…You know it’s coming…
NAR Implode-o-Meter… I love it!
But I ain’t doin’ it.
I don’t think……