Subscribe Here


  • Enter your email address below to subscribe to Real Estate Blog Squad!


    powered by Bloglet

Katrina Blogroll

Blog powered by Typepad

Twitter Updates

    follow me on Twitter
    Fran's Webinars and Classes

    « Housing Expert Picks 3 Best Condo Buys | Main | Predictions from the Property Grunt »

    Comments

    RealEstateCafe

    Fran,

    You may be correct that Lereah disputed the use of the "B" word, but he certainly didn't avoid using it. Early on, he acknowledged that the popular press has repeatedly used the B word in a series of feature stories which peaked this summer (see list below), but contrary to those news sources he contended:

    "...we don't have hard evidence there is a bubble waiting to burst and that is what you have to deal with... buyers who say they don't want to buy because all they hear from the media is that the bubble is going to burst."

    "The message I am sending throughout this convention is that "The boom is winding down to an expansion," it's a good spin isn't it? But it is true."

    Later in the presentation, Lereach used the B word again, this time announcing that NAR had issued "Anti-Bubble Reports" in over 140 markets nationwide. "They look at your fundamentals and we do a STRESS TEST, ...assessing what would happen to the housing market in your are if there were job losses.

    FEATURE STORIES THAT USED THE B-WORD IN 2005
    Economist - After the Fal
    Forture - Real estate gold rush
    Businessweek - After the housing boom
    Newsweek - real estate gone wild
    Money - are home prices really so crazy?
    Kiplinger - the 13 riskiest housing markets
    WSJ - Crash test: Does a housing bust hurt more than a stock collapse

    The comments to this entry are closed.

    Copyrights

    • All postings are the copyright of the respective authors, unless otherwise noted.

    Opinions


    • The opinions expressed in this blog are the opinions of individual authors. The Real Estate Blog Squad is an open forum and does not take a collective stand on political issues.