NAR Economist is upbeat but is concerned

This is the official reaction of the National Association of Realtors on the current lending and real estate climate in the country. It’s an interesting read.

David Lereah Upbeat But Points To Possible Problems: “‘Just as children in an orderly classroom stir up a wild ruckus when the teacher leaves the room,’ he says, ’some people and businesses stray from fundamental behavior during a frenzied market environment.’”

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