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Letter "D" » David Lereah Quotes
«Home sales are staying at very healthy levels. Housing inventory improved in August, but remain tight, and we have some way to go before we get into a range of balance between home buyers and sellers.»
«Looking forward the outlook for housing is mixed. I do expect some slowing of home sales and price appreciation going forward.»
«We feel confident that housing is landing softly as rates continue to rise.»
«With 30-year fixed mortgage interest rates a little under 7.0 percent, and expected to stay near this level for the balance of the year, we project existing-home sales to nearly match last year's performance.»
«In my opinion it's terrible timing--it's almost irresponsible. That would do severe damage to a lot of the local markets across the nation. We are looking at probably a 10 to 15 percent drop in home prices.»
«We're fairly confident that third-quarter home sales will prove to be the high point of the five-year housing boom.»
«As a result, we now expect to set records for both existing and new home sales this year.»
«The boom has peaked and it's starting to come down.»
«Housing activity has peaked. Inventories continue to rise. I see the housing market continuing to soften.»
«We are really on track for a soft landing. There are no balloons popping.»