Tuesday, February 03, 2009

Reecon Advisort Report

David Lereah, the former chief economist of the National Association of Realtors, has gone independent and created his own company called The Reecon Advisory Report. Recall, Mr. Lereah was a prominent cheerleader of the housing bubble.

The Reecon Advisory Report can by yours for $295 for six months or $495 for a full year. No, I am not endorsing his product.

How can Mr. Lereah be trusted after his dismal record of predicting the real estate market during the bubble years? A much better idea is to read the housing and economic blogs.