DataQuick’s “Mr. Objective”

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Good morning, John David Booty, you too are on the all-name team. The LATimes profiles DataQuick chief analyst John Karevoll, calling him ‘the housing market’s Mr. Objective.’

Highlights:
--Karevoll believes predictions about the housing market are pointless right now: ‘The kinds of loans that have been made in the last five years, especially the popular interest-only mortgages, ‘don’t have enough history to predict we’re going to sail past this or that the sky will fall -- or anywhere in between,’ Karevoll says. ‘No one knows.’
--He lives in a house in Running Springs in the San Bernardino Mountains purchased out of foreclosure in 1991.
--He’s not a big fan of blogs: ‘Karevoll tries to ignore the blogosphere, saying, ‘Good questions get raised there, but I don’t think they get answered.’ In any case, he adds, ‘predictions of imminent doom started in 2001. If you listened then, you were out a bucket of money.’’

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