Wednesday, October 10, 2007

"NARcasting The Future"

Be sure to see the great recap of the National Association of Realtor's monthly failed predictions this year at Paper Economy. The timeline begins,
12/11/2006 Prediction: 6.40 million units.
Lereah "Most of the correction in home prices is behind us."

And Calculated Risk's "Another Month, Another NAR Revision" begins,

The comedians at the National Association of Realtors (NAR) revised down their forecast today for existing home sales in 2007 again.

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