Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: pierstroll
I traveled the entire state of California for three weeks in March, 2007. When I returned and reported that house prices had fallen 15% - 25% freepers in the real estate / mortgage business called me a liar. At that time, these same freepers were claiming prices were 'still going up.'

Now you are saying I'm exaggerating on the high side, even when I give you a specific example. You say, "I am giving you the statewide average and telling you there are plenty of homes which do not fit your earlier statement. In fact most are not what you stated."

You alleged California residents (you hide that info from FR) make me ill. I was attacked maliciously when I said house prices were falling. Now I'm attacked for giving examples that are allegedly too high.

The only way we both could be correct is is housing prices already have fallen more than 30% in California.

Which proves I have been correct all along.

58 posted on 08/09/2007 6:27:45 AM PDT by ex-Texan (Matthew 7: 1 - 6)
[ Post Reply | Private Reply | To 57 | View Replies ]


To: ex-Texan
YOU ARE INCORRECT whether or not you think I am an alleged resident. The median price of a home in Encino is 1.19 mill, not 850,000. While you said "over" 850,000 you are way off. If you had the actual numbers or could even come closer you would increase your credibility and wouldn't have to spend time cleaning up the mess you created.

The average price of a home in California last month was $596,000. This is up from 569,000 last year. This shows how stats can be used to exaggerate or support a position which may not have a solid foundation. Your statement should be that some or many homes may have gone down, but the average is up. If you want to know how the number went up, I can explain that for you.

Glad you drove Cal for three weeks. That means very little to me and based on my own knowledge and experience in the state since 1959 may or may not having any significnat meaning.

Some people claim years of experience and yet they were merely repeating the same year over and over doing the same ole smae ole.

Since you don't know what I know about the California market and you are attempting pumping up your own bona fides and scare me off, I suggest you be careful about underestimating whom you are talking to to avoid future embarassment.

63 posted on 08/09/2007 6:45:30 AM PDT by pierstroll
[ Post Reply | Private Reply | To 58 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson