Industry News

NAR’s top economist moves to Move Inc.

David Lereah will assist new business venture
Published on Apr 30, 2007

David Lereah, the chief economist for the National Association of Realtors trade group, is moving on from this position to assist a secretive project at Move Inc., a company that operates the NAR-affiliated Realtor.com property-search site. Lereah, who critics have said tends to view the real estate market with rose-colored glasses, will join Move in mid-May to serve as an executive vice president and as chairman and partner with Allan Dalton in a "transformational" new business entity, Move announced today. Dalton, a former president for Move's Realtor.com operations, is president and CEO for the hush-hush venture, which the company expects to launch in the third quarter. In the past few months Move has announced a series of consumer-focused enhancements, such as improved search tools and a series of blogs that focus on a range of real estate categories. "David Lereah has established himself as the ultimate expert for the real estate industry," Dalton said in a statement. "Having Dav...

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