octrends
New member
Now we are kicked out of the IHB forums, i am thinking to start a new thread to discuss, how irvine house market will look like in 2010. Given the current Govt intervention, low interest rates and all possible ways to keep foreclosure low it seems it won't go down much, may be 5-10%. Also today there was news about forcing banks to reduce the principals to avoid foreclosure at any cost. I don't think bottom is near or possible in the next 2-3 years.