For all the fans of NAR Chief Economist Lawrence Yun and NAR President Dick Gaylord I thought I’d embed a link of a podcast released today on the National Association of REALTORs’ website. In this edition of the President’s Podcast, NAR President Dick Gaylord sits down with NAR Chief Economist Lawrence Yun to discuss what is happening in the market and what REALTORS® can expect in the coming months.
Enjoy the show!
If the player below fails to load, simply click on this link to see the podcast.
If you like what you see, here’s a link to all of the president’s podcasts.
8 comments
any historic credibility? or accountability?
Guy, please be assured that I mean no disrespect. I think you do a terrific job of running a this site and I have learned much from you and the many bloggers here over the past couple of years. Having said at, there is a long list of economic forecasters of who failed to see this national real estate crisis and financial crisis coming. NONE have been more wrong than NAR “economists”.
I’d rather hear economic prognostications from local drug dealers. At least they aren’t biased. I’ll pass.
A search back through the archives of this blog will disclose dozens, and dozens, of comments about Lawrence Yun, Chief Shill for the NAR. If you go back far enough you can find comments about David Lereah, Mr. Yun’s predecessor. These leopards will never change their spots. They are “economists” only in the loosest sense of the word. They are bought and paid for second rate hacks.
When Guy first started posting here, he made reference to David Lereah as a credible expert on the housing market. I pointed out to Guy that if he wanted to establich credibility on the blog, he really needed to do some research and understand Mr. Lereah for what he was. A shill and a hack. Perhaps Guy has forgotten.
I encourage all to visit a website called Lawrence Yun Watch and evaluate for themselves.
Lawrence Yun is a travelling Village Idiot. He is best known for travelling all over the country and telling the locals that even though the real estate market may be struggling everywhere else, it is on the verge of explosion in their city. He goes to Santa Fe, and Madison, and Atlanta, and Fargo, and Austin, and Ogden, and on and on, and he always tells the local realtors and Chamber types that THEIR city is different. Wherever he happens to be, it’s different there.
His line goes something like……
“here in _____________, you really have a unique situation. Because of your great location near _________________(the beach, the mountains, the Lake,etc.) you have what nobody else has. And your economy here in ______________ is mich more robust than in most places in the US. This all insures that you will experience rising property values for years to come.”
He says this wherever he goes.
He is a joke.
Hi Guy… thanks for the laugh. Obviously Mr. Yun has not been reading the news about our dire economic situation, that even $700 B cannot cure.
“It’s a great time to buy, cause it’s going to be so hot in 2009 that you would have missed the bottom” - Lawrence Yun.
Sorry Mr. Yun, but you could not be further from the truth. This $700 B is only to keep things rolling down the hill, instead of falling of the cliff. The end of 2008 will be tough on RE, spring 2009 will be the inferno.
p.s. - I think R.I. & BSBond missed your professionly hidden cynacism.
Guy, a Lawrence Yun video is the ultimate troll.
Thanks guys. I was lacking a good post yesterday and thought posting the video would be funny. And yes, Paul, it was the ultimate troll. Anything for hits to the site.
Hopefully the data found in this morning’s post will be a little more interesting. Back to work.
I just now saw this and thought it was a great piece of badly needed comic relief (thanks, Guy), standing in stark contrast to the brutal honesty I normally see on this blog. After watching the video, I feel that my glass is so gosh darn half-full that I can barely keep from spilling