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
Comments? Bring them here.
More from The Motley Fool
What to Watch When Zillow Group, Inc. Reports
Here's what the online real estate leader needs to show investors to sustain its momentum.
Zillow, Inc.'s Retsly Acquisition Isn't Entirely Selfless
Investors don't seem too excited about Zillow's acquisition of Retsly -- but here's why they should be.
Why Move Inc. Shares Jumped Today
Is Move's pop meaningful or just another movement?