Presentation at the 2010 Installation of Officers on Friday, November 20, 2009. National Association of REALTORS® Chief Economist Dr. Lawrence Yun and Chief Lobbyist Jerry Giovaniello. A unique outlook of the local and national economy.
The greed continues in Vegas...my wife and I wanted to move back but there is still alot of greedy landlords with reference to rental houses. We wanted to rent a house in Mountains Edge but the landlord wanted a minimum of three months security plus regular deposits because we have bad credit. Oh well guess they won't be getting our retirement money...maybe when they are down on their knees in 2011...
What a Crock! The Government is "Artificially" propping up the Housing Market (values & inventory) with the 8K Tax Credit which will now expire in June 2010. As soon as the Government removes this "False Bottom" from the Housing Market, Housing Prices will fall, foreclosures will increase as unemployment rises. The boneheads in Washington are attempting to re-inflate the Housing Bubble, which will inevitably crush the average homeowner.
Anyone who buys a house now, will get slaughtered.
sugar coating a down turn of the economy...Yun so were now 2012
joe702lv 5 days ago
Yun damaged his reputation by misleading people with his constant denial of a downturn when it first started.
He's a cheerleader for realtors.
Why does he shake his head when he makes a positive prediction?
fredocorleone 2 years ago
The greed continues in Vegas...my wife and I wanted to move back but there is still alot of greedy landlords with reference to rental houses. We wanted to rent a house in Mountains Edge but the landlord wanted a minimum of three months security plus regular deposits because we have bad credit. Oh well guess they won't be getting our retirement money...maybe when they are down on their knees in 2011...
pat52007 2 years ago
lawrence yun is an idiot. ignore him .
takeeoutee 2 years ago
What a Crock! The Government is "Artificially" propping up the Housing Market (values & inventory) with the 8K Tax Credit which will now expire in June 2010. As soon as the Government removes this "False Bottom" from the Housing Market, Housing Prices will fall, foreclosures will increase as unemployment rises. The boneheads in Washington are attempting to re-inflate the Housing Bubble, which will inevitably crush the average homeowner.
Anyone who buys a house now, will get slaughtered.
q1stman 2 years ago