Drinking the Kool-Aid

NAR Chief Economist makes FL RE investment

Nothing like drinking your own Kool-Aid. National Association of Realtors Chief Economist David Lereah, whose book I recommended last week, recently purchased a Florida investment property. His purchase was a condominium at The Madison at SoHo in Tampa.

Lereah has been mighty bullish on the Florida market due migratory patterns into the state and also the growing real estate needs of the echo generation.

In a recent presentation to a group of Realtors in Tampa Lereah said, "I'm really putting my money where my mouth is," he explains. "I'm doing what my book says to do."

It's only a matter of time before Lereah is flippin' in Lehigh.....

NAR economist puts money where his predictions are -- Florida [Planet Realtor]

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