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Existing-home sales near 4-year low

NEW YORK, May 25 (UPI) -- Existing-home sales in April fell to the lowest pace in nearly four years, another bad news burden for the U.S. housing industry.
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Lawrence Yun is Chief Economist and Senior Vice President of Research at the National Association of Realtors. He oversees the production of existing home sales statistics and the popular Home Buyer and Home Seller survey reports. He regularly appears on CNBC, BBC, Bloomberg TV, and is often quoted in the media. Yun is also a frequent speaker at Real Estate conferences throughout the United States. In March 2008, USA Today listed him among the top 10 economic forecasters in the country.

Yun has been with NAR since 2000. Prior to that, he worked as an economic consultant to the U.S. Department of Veterans Affairs and the U.S. Department of Education. While a research associate at the University of Maryland from 1995 to 1998 with the funding from the United States Agency for International Development, Yun helped develop a graduate economics curriculum and lectured at several universities in the former Soviet Union as that country transitioned from communism to a market-based economy.

Yun was born in South Korea. He attended primary and secondary schools in South Carolina. He received his Mechanical Engineering degree from Purdue University. He received his Ph.D. in Economics from the University of Maryland, studying under Professors Dennis Mueller and Mancur Olson.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Lawrence Yun."
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