The earliest forecasts I have even heard of were not issued until 1998. All “forecasts” prior to that were him screaming into a megaphone that California housing was overpriced in 1989, and that the turnaround was supposed to have been called in 1996. Unfortuately, the “lost years” could quite easily have been him cheerleading like he is.

However, his normal bias now is more based on what the local RE offices pay him to “pump up the troops” and keep them strong with disinformation in neat looking pdfs and word docs that agents can hand out like weimar money to potential home buyers… brochures for the “buy now or be priced out forever” group.

He makes a lot of money doing it too. If he believes his own work, he definitely smoked too much weed or dropped one too many hits and is now permanently disconnected from reality.

His actions speak louder than words: He has few listings, and spends most of his time doing speaking engagements. Look at his January ’07 schedule for an example:
Jan. 10th First Team Real Estate Anaheim

Jan 11th Commonwealth Title Anaheim

Jan. 15th Accelator Coaching Laguna Hills

Jan. 16th Fidelity Title San Diego

Jan. 17th Wachovia Laguna Niguel

Jan 18th NAHR Santa Ana

Jan. 19th United General Title Fullerton

Jan. 20th Mili Group Riverside

Jan. 22nd Southland Title Newport Bch.

Jan. 26th Stewart Title Irvine

Jan.29th Southland Title Anaheim

Jan 30th Excel-larator Training Laguna Hills