NAR president on CNBC, 2/11/08

[jvolstad]

How can you tell when a Realtor is lying? When their lips are moving.

[Anothercoilgun]

NAR is all part of the crisis plan.

[Anothercoilgun]

They ALWAYS say Buy Now.

Bunch of foolish morons. Do not use homes for wealth your stupid fools. Use your services or product.

[garyowen4ever]

why is CNBC so obviously concerned withFALLING HOUSING PRICES AND HAPPY ABOUT RISING FUEL AND COMMODITIES PRICES, buyers love right priced houses, cheaper the better!

[benjleeru]

Buying a house isn't how you build wealth. Saving is how you build wealth. What the hell happened to the mentality in this country?

[firetaker25]

"Death of a Salesman," courtesy CNBC. Substitute Gaylord for Lowman.

[stinkypoon]

What a lying asshole. They call it knife-catching for a reason, it's incredibly dangerous. It will take an unforseen number of years to pay the house down just enough to sell it again considering about 8% of the value will be needed to pay realtor fees and closing costs. It's a terrible time to buy, anybody that does is a fool.

[stinkypoon]

What a lying asshole. They call it knife-catching for a reason, it's incredibly dangerous. It will take an unforseen number of years to pay the house down just enough to sell it again considering about 8% of the value will be needed to pay realtor fees and closing costs. It's a terrible time to buy, anybody that does is a fool.

[lennyfest]

i get mad just listening to this assholes lies ,, its amazing how the NRA is looking to destroy middle class americans with the brainwashing lies, but i think there lies caught up with them ,, NRA stands for scumbags ,sorry for the laungage but the NRA deserves it

[alanhowitzer]

What a crook

[CreditSecretsBible]

This guy is ABSOLUTELY RIGHT! It's a great time to buy! He's just NOT telling you that it will be even better in 3 months... and EVEN BETTER in 6 months... And MY GOD... I can't imagine what it will be like next year! (NOTE: I live in NV and currently 1 out of 63 homes in my county are now in foreclosure. Homes ono my street have gone from $589,000 to $439,000 and they CAN'T even get an offer. Save your cash and wait... it's going to get worse... A LOT WORSE!!!).

[lennyfest]

you got the right ideas. anybody that buys in NV, FL, CA, NY, and all those other areas that had 20% a year increases over the past 5 years is a fool , safe place to buy is north carolina, texas, anywhere that home had modest increases while the boom was in effect, people got brain washed into buying thinking that homes would never come down , well the strom has arrived and people that are attempting to sell are screwed ,,

[xxx12345yyy]

God I love the internet and you tube. Finally there is truth. Getting rid of cable tomorrow.

[tyronebiggums3]

Higher loan limits DON'T help u dumb-ass!! The average person cannot afford mortgages near or above $500K!!!!!! Dick Gay Lord is an idiot.

[lennyfest]

NAR president IS A LIAR AND THEY WILL SAY ANYTHING TO GET PEOPLE TO BUY,EVEN IF IT HURTS THE AVERAGE AMERICAN FAMILY, THERE JUST WORRIED ABOUT THE SELFISH COMMISION

[lennyfest]

BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.

[WiwwyNewwson]

RealtWHORES---ya can't blame them for pushing home ownership, THEIR income depends on it! But lets not confuse their motives......

Historically the average home appreciation is .04% per year......doesnt sound like a lot of wealth building to me!

[darliegoddess]

Inflation is at 5% ! How do you build wealth when inflation out strips your appreciation ? Not even counting how incredibly overpriced homes are. This realtor is out of his god damned mind !