There are two universal truths at the National Association of Realtors: 1) It's always a good time to buy or sell a home; and 2) We've seen the worst of the housing market correction.
That is the gospel at the the National Association of Realtors which is desperately trying to keep home sales and home prices high. Lereah is sounding even more pathetic then normal. He recently said:
Despite Lereah's convoluted body the market will continue to decline in the coming year. David Lereah has lost credibility, it is refreshing to see the mainstream media criticize David 'paid shill' Lereah.
"With fingers and toes crossed, it appears that we have hit bottom in the existing home market"