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| David Lereah leaves NAR for Move Inc.  David Lereah, senior vice president and chief economist of the National Association of Realtors for the past seven years, is joining Move Inc. as executive vice president, effective in mid-May. Lereah will also act as chairman and partner of a new business entity under Move Inc. that will launch in the third quarter of 2007. He will serve with Allan Dalton, who will be president and CEO of the new business entity, which will be transformational for both consumers and real estate professionals.At NAR, Lereah directed the Research Division, the Regulatory and Industry Relations Division, the Real Estate Services Group and Strategic Planning Activities for the association, and served with distinction. During his tenure, NAR launched the monthly Pending Home Sales Index, a forward-looking indicator based on ratified contracts that have not yet closed. Coupled with existing-homes data, the PHSI established NAR as the dominant voice in real estate providing financial and housing writers a clearer picture of the state of the real estate industry. Move, Inc., formerly Homestore, Inc. creates online resources and tools to help consumers throughout the moving process. It operates NAR's official Web site, Realtor.com, and Move.com. write your comments about the article :: © 2007 Construction News :: home page |