Yun on real estate transactions

NAR economist Lawrence Yun explains to some realtors in Kentucky about why they shouldn't worry that sales transactions have fallen 30%.

Category:

News & Politics

Tags:

• real
• estate
• Lawrence
• Yun
• NAR
• bubble
• housing

[tyronebiggums3]

All these 'negative' words are the TRUTH you jackass, Yun. LOL

[dink65]

Wow - this clown is one helluva liar!

[lmsappr]

Words like Blocked artery and Coronary Embolism are all negative words.

Yet they are associated with factual events associated with very serious conditions to be treated as such.

The negative "Adjectives" Yun refers to are very serious conditions of the market we are dealing with.

Just because you SAY "My blocked artery is better" , doesn't mean you don't have serious issues to contend with.

What a drone this guy is.

[aslomski]

Lawrence Yun is an expensive prostitute of NAR. Hey, Yun, how much would you charge to suck my dick ??

[benjleeru]

haha, what a bs artist. "the sales don't matter, it's the prices". Newsflash Mr. Yun, you have millions of people who want to sell their homes and can't seem to do it. Lower the damn prices.

[Joyriser]

Hmmmmm Wonder whos paying him as he gets pushed out onto the stage? WHITEWASH PAINTS! I could present data telling you smoking is not bad for you!

[mgdsh]

This jackass is a permabull on the real estate and housing market. He always will be positive on it. He's a puppet that has to be, as he is directly involved in and profits from a positive housing market.

[jamesislandsc]

He is right! Buyers Buy now! Interest rates are at their lowest! Don't get caught sitting on the fence wishing you bought when.... Houses are a long term investment and such should be considered as such. The days of flipping are almost over!

[joshspiker]

What a slimey crook. I can't believe so many idiots in this country buy his bullshit.

How much did the NAR bribe him to speak so glowingly of the economy and housing mkt?

[tachikaze222]

Or mortgage rates going to 2.5%. . . . all things being equal that would knock the IO, tax-adjusted payment on a $570K condo where I am from $3100/mo to $1900.

[dood19770]

Lawrence, has affordability (ratio of incomes to house prices) improved such that people to be comfortable buying houses with 30-year fixed mortgages? If not, that's what needs to change to turn the market around. House prices have to come way down and/or median incomes have to go way up before affordability is at a comfortable level.