trrenter_IHB
New member
I want to open a thread to give you an opportunity to express your views and theories on the direction the housing market will go.
One of the reasons I have continued to read this blog is the well thought out Blog posts by IR and the other interesting verifiable information I get from other members.
Most of the predictions I have read, that were obviously based on much research, have been proven pretty accurate.
Here IR admits his prediction was wrong. <a href="http://www.irvinehousingblog.com/blog/comments/i-was-wrong-its-worse">I was wrong by IR.</a>
Any way I would like to know why you believe everything that is written here is wrong.
If you could spend some time and inform us from start to finish, with some hard data thrown in from credible sources, what you believe the future of the market is.
Do you think prices are now stabalized? If so why. Please don't point to what you think may happen, like Fannie will have a creative new mortgage tool that will solve the problem unless you can point me in a direction to get that loan today.
If you talk about how Loan mods will save the day I would like to see contradictory hard data that disproves what I have seen which is loan mods are not very effective.
In other words don't tell me ... you wait and see how this next group of loan mods works. I want to see verifiable proof that they work and what the net effect of those mods has on price stabalization.
I don't want to use my imagination, I want you to spend some time like IR and the rest of the members here and pull together some market research that proves out what you have been presenting in bits and pieces.
One of the reasons I have continued to read this blog is the well thought out Blog posts by IR and the other interesting verifiable information I get from other members.
Most of the predictions I have read, that were obviously based on much research, have been proven pretty accurate.
Here IR admits his prediction was wrong. <a href="http://www.irvinehousingblog.com/blog/comments/i-was-wrong-its-worse">I was wrong by IR.</a>
Any way I would like to know why you believe everything that is written here is wrong.
If you could spend some time and inform us from start to finish, with some hard data thrown in from credible sources, what you believe the future of the market is.
Do you think prices are now stabalized? If so why. Please don't point to what you think may happen, like Fannie will have a creative new mortgage tool that will solve the problem unless you can point me in a direction to get that loan today.
If you talk about how Loan mods will save the day I would like to see contradictory hard data that disproves what I have seen which is loan mods are not very effective.
In other words don't tell me ... you wait and see how this next group of loan mods works. I want to see verifiable proof that they work and what the net effect of those mods has on price stabalization.
I don't want to use my imagination, I want you to spend some time like IR and the rest of the members here and pull together some market research that proves out what you have been presenting in bits and pieces.