David Lereah the former chief economist and cheerleader for the NAR, who is now self-employed, claims that his relentlessly sunny predictions for the real estate market were the result of pressure from his NAR bosses to issue optimistic forecasts.
The NAR on the other hand, claims "... during his tenure Mr. Lereah was "solely responsible for the content of NAR forecasts and housing reports -- both the data and the interpretation."
From WSJ.com
Realtors' Former Top Economist Says Don't Blame the Messenger
You decide;
□ NAR
□ David Lereah
□ Both
□ None of the above
see my web site thefoothillsToday.com
to search for and learn more about Tucson Foothills Homes