I've written over and over again about the housing-market pumping in which National Association of Realtors Chief Economist David Lereah has engaged. His ability to make bad predictions was, to my mind, only surpassed by the magnitude of his bombast, or perhaps his ill timing.
This is a guy who looked at dwindling numbers from the likes of Hovnanian Enterprises
For those of us who simultaneously looked forward to and loathed his monthly trade-group propaganda, today is a day of mixed emotions. Apparently, Lereah is moving on to Move
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At the time of publication, Seth Jayson did not own shares in any of the companies mentioned. See his latest blog commentary here. View his stock holdings and Fool profile here. Fool rules are here.