Housing Market: Watching David Lereah
Published Sunday, June 04, 2006 by Real Estate Pro | E-mail this postThe mighty Bubble Meter has recently launched David Lereah Watch, a blog dedicated to upending the worm-infested rock upon which Mr. Lereah prognosticates like the Thinker.
He thinks the trend crested in 2005. With rising interest rates, tighter lending standards and slower price appreciation, Lereah expects second-home sales to drop this year to 30 percent of all existing-home sales, and maybe into the 20 percent range.
Tagged: Bubble
Housing Market: Watching David Lereah
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