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Technology Stocks : Intel Corporation (INTC)
INTC 43.51+0.1%2:08 PM EST
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To: Road Walker who wrote (168259)7/16/2002 1:22:08 AM
From: Ali Chen   of 186894
 
"The government statistics I quoted are based on re-sales and mortgage refinances, not the whims of appraisers. And the appraisers are probably looking at "desert" properties <g>."

You are an idiot. The report you use is based solely on data
from Fannie Mae and Freddie Mac foundations. Their chartered
goal is to serve "families with incomes at or below the area median income"
fanniemae.com
with goals set by HUD administration. The activity is
also limited by "conforming loan limit" of $250k and $275k
in the past years when the "HPI" statistics was derived.

No wonder the results reflect the bottom line of
the market, not even the market but rather the HUD
distribution government-sponsored program.

You even cannot read English, my dear.

Have a Happy ignorance with your ignore.

- Ali
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