The Real Deal Miami

Let the Yun shine

October 29, 2008 03:29PM

National Association of Realtors Chief Economist Lawrence Yun is renowned for his optimism, which critics often say verges on ridiculous. But his recent analysis of the myths that shape perception of the housing market has some merit, writes Jeff Ostrowski. Conventional wisdom about peak-to-trough declines, new housing statistics and home price growth projections deserves some reconsideration, according to Yun.