Please Just Shut Up
This is a desperate message to Lawrence Yun, Economist for the National Association of Realtors (NAR). You, like your predecessors, have spun, twisted, contorted, colored, manipulated and fabricated data from the marketplace to created fictional interpretations of what is happening in the residential real estate markets. For a while you were a source of amusement in the industry. We all enjoyed the entertainment value of the absurd conclusions you would draw since the rest of us were getting pretty gloomy. However, you are no longer amusing, you are no longer funny. Long ago your misdirection effectively discredited the NAR as a source of leadership. And these consistent concoctions even make us suspect of the data you use, let alone their interpretation-even when you actually might be correct.
The NAR should be providing its membership, the industry as a whole and the general public with honest assessments of the marketplace so we have effective tools to try to conduct business. This consistent abuse of the NAR’s bully pulpit is not only pathetic, but it has marginalized the Association at the very time when the Association is needed more than ever. Enough already; Please Just Shut Up.
The NAR should be providing its membership, the industry as a whole and the general public with honest assessments of the marketplace so we have effective tools to try to conduct business. This consistent abuse of the NAR’s bully pulpit is not only pathetic, but it has marginalized the Association at the very time when the Association is needed more than ever. Enough already; Please Just Shut Up.


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