No real offense to Mr. Norris but isn’t he a sort of cheerleader himself? Can’t negative “information” be used as bait as much as “feel good” stuff? He is a salesman. Nothing in the article was was concrete. Can we have his 3 1/2 week old appraisals that are down 20% to comp them out? Not calling him a liar just that his commitment to what he was saying was weakened with caveats.He is in a perfect position to cherry pick his way back to reasonable standing,but he probably won’t bother. Temeculaguy is offering no caveats that I recall. If nothing else that makes it a lot more fun.
I doubt what he is saying when he says 1004mc is going to knock appraisal values down overnight by 20%. This is just one man’s opinion and probably should be taken with a grain of salt. His topics are not developed in this article and most of the people who consider him an expert(which on some levels of course he is) will not bother to find out what it is about…but instead just flock to him for his support. I’ll get into trouble for saying so but this looks like marketing more than anything else.
