4.25 Yrs. SoCal RE Inventory – Mr. Mortgage’s New Video on SoCal

[capeman]

Hmmm, so getting publicity to potentially get on TV as an analyst and generating web traffic aren't motivation ?

This guy's been on CNN already and how long would one last as an analyst posting bad data.  It's tough to get started being dishonest unless you're already in a position to be (a la CNBC analysts?).  When trying to build a reputation from scratch you have to be on it with your data and have predictions run true or else nobody will be listening to you for long.  

My only thought of his motivation would be that he's a big shorter of financials but who isn't when looking at all of the crap paper they are hiding.

[capeman]

I thought it was a bad sign that Mr. Mortgage was referencing the median price instead of the Case-Shiller HPI. He didn't seem to understand that the median price continued to rise into 2007 because of a change in the mix of sales. He also didn't seem to understand that the rapid fall in the median price since its 2007 peak was exaggerated due to a change in the mix of sales. It suggests to me that this person might not be too thorough with his research. I'd have a hard time trusting his conclusions.

 I mentioned that to him and hopefully he'll start including CS HPI numbers.  Problem with that is that the CS reports lag real time so it is tough to show with real time inventory data.  Since Rich has shown how median is a well spun and lagging indicator I hope MrMortgage will take the advice and at least reference CS for real pricing trending.

[capeman]

I thought it was a bad sign that Mr. Mortgage was referencing the median price instead of the Case-Shiller HPI. He didn't seem to understand that the median price continued to rise into 2007 because of a change in the mix of sales. He also didn't seem to understand that the rapid fall in the median price since its 2007 peak was exaggerated due to a change in the mix of sales. It suggests to me that this person might not be too thorough with his research. I'd have a hard time trusting his conclusions.

 I mentioned that to him and hopefully he'll start including CS HPI numbers.  Problem with that is that the CS reports lag real time so it is tough to show with real time inventory data.  Since Rich has shown how median is a well spun and lagging indicator I hope MrMortgage will take the advice and at least reference CS for real pricing trending.

[capeman]

I thought it was a bad sign that Mr. Mortgage was referencing the median price instead of the Case-Shiller HPI. He didn't seem to understand that the median price continued to rise into 2007 because of a change in the mix of sales. He also didn't seem to understand that the rapid fall in the median price since its 2007 peak was exaggerated due to a change in the mix of sales. It suggests to me that this person might not be too thorough with his research. I'd have a hard time trusting his conclusions.

 I mentioned that to him and hopefully he'll start including CS HPI numbers.  Problem with that is that the CS reports lag real time so it is tough to show with real time inventory data.  Since Rich has shown how median is a well spun and lagging indicator I hope MrMortgage will take the advice and at least reference CS for real pricing trending.

[capeman]

I thought it was a bad sign that Mr. Mortgage was referencing the median price instead of the Case-Shiller HPI. He didn't seem to understand that the median price continued to rise into 2007 because of a change in the mix of sales. He also didn't seem to understand that the rapid fall in the median price since its 2007 peak was exaggerated due to a change in the mix of sales. It suggests to me that this person might not be too thorough with his research. I'd have a hard time trusting his conclusions.

 I mentioned that to him and hopefully he'll start including CS HPI numbers.  Problem with that is that the CS reports lag real time so it is tough to show with real time inventory data.  Since Rich has shown how median is a well spun and lagging indicator I hope MrMortgage will take the advice and at least reference CS for real pricing trending.

[capeman]

I thought it was a bad sign that Mr. Mortgage was referencing the median price instead of the Case-Shiller HPI. He didn't seem to understand that the median price continued to rise into 2007 because of a change in the mix of sales. He also didn't seem to understand that the rapid fall in the median price since its 2007 peak was exaggerated due to a change in the mix of sales. It suggests to me that this person might not be too thorough with his research. I'd have a hard time trusting his conclusions.

 I mentioned that to him and hopefully he'll start including CS HPI numbers.  Problem with that is that the CS reports lag real time so it is tough to show with real time inventory data.  Since Rich has shown how median is a well spun and lagging indicator I hope MrMortgage will take the advice and at least reference CS for real pricing trending.

[5yearwaiter]

Video explaind many facts on the RE facts that are currently prevailed in SC. Well this is sure prediction if anyone look into the ongoing trend in other sectors like Gas, commodities and how the $ sunk. My question is will this make any big changes in the new constructions like 4closure Ranch and CV areas.

5yearswaiter

[5yearwaiter]

Video explaind many facts on the RE facts that are currently prevailed in SC. Well this is sure prediction if anyone look into the ongoing trend in other sectors like Gas, commodities and how the $ sunk. My question is will this make any big changes in the new constructions like 4closure Ranch and CV areas.

5yearswaiter

[5yearwaiter]

Video explaind many facts on the RE facts that are currently prevailed in SC. Well this is sure prediction if anyone look into the ongoing trend in other sectors like Gas, commodities and how the $ sunk. My question is will this make any big changes in the new constructions like 4closure Ranch and CV areas.

5yearswaiter

[5yearwaiter]

Video explaind many facts on the RE facts that are currently prevailed in SC. Well this is sure prediction if anyone look into the ongoing trend in other sectors like Gas, commodities and how the $ sunk. My question is will this make any big changes in the new constructions like 4closure Ranch and CV areas.

5yearswaiter

[5yearwaiter]

Video explaind many facts on the RE facts that are currently prevailed in SC. Well this is sure prediction if anyone look into the ongoing trend in other sectors like Gas, commodities and how the $ sunk. My question is will this make any big changes in the new constructions like 4closure Ranch and CV areas.

5yearswaiter

[ltokuda]

I mentioned that to him and hopefully he'll start including CS HPI numbers.

What bothers me is not the fact that he's reporting the median price – that's okay.  But his conclusion was that prices were rising all the way into 2007 and came crashing down after that.  He thinks that prices have been declining for only 11 months.  All of the Piggies who have been around a while know that this is untrue.  So for an "expert" to come out an make that kind of fundamental error is, for me, a tell-tale sign that he's not to be trusted.

 

[ltokuda]

I mentioned that to him and hopefully he'll start including CS HPI numbers.

What bothers me is not the fact that he's reporting the median price – that's okay.  But his conclusion was that prices were rising all the way into 2007 and came crashing down after that.  He thinks that prices have been declining for only 11 months.  All of the Piggies who have been around a while know that this is untrue.  So for an "expert" to come out an make that kind of fundamental error is, for me, a tell-tale sign that he's not to be trusted.

 

[ltokuda]

I mentioned that to him and hopefully he'll start including CS HPI numbers.

What bothers me is not the fact that he's reporting the median price – that's okay.  But his conclusion was that prices were rising all the way into 2007 and came crashing down after that.  He thinks that prices have been declining for only 11 months.  All of the Piggies who have been around a while know that this is untrue.  So for an "expert" to come out an make that kind of fundamental error is, for me, a tell-tale sign that he's not to be trusted.

 

[ltokuda]

I mentioned that to him and hopefully he'll start including CS HPI numbers.

What bothers me is not the fact that he's reporting the median price – that's okay.  But his conclusion was that prices were rising all the way into 2007 and came crashing down after that.  He thinks that prices have been declining for only 11 months.  All of the Piggies who have been around a while know that this is untrue.  So for an "expert" to come out an make that kind of fundamental error is, for me, a tell-tale sign that he's not to be trusted.

 

[Author]

Posts