Washington (AP) - Lawrence Yun, the chief economist for the National Association of Realtors, announced to day that he plans on leaving the Realtors' association in late May in order to spend more time with his family. Lawrence Yun has worked there for five years. Last year Mr. Yun was promoted to chief economist after David Lereah left. Mr. Yun was a widely quoted expert in the real estate industry.
Dale Stinton, the CEO of the Realtors' association stated that "Mr. Yun has served us well, we will miss him." Others in the real estate industry noted his year of experience as a respected real estate expert.
However, Lawrence Yun has his critics, including David Jackson Jackson who runs the Lawrence Yun Watch. Mr. He said "Lawrence Yun was a paid spinner who has been discredited for his outlandish predictions."
Happy April Fools Day!