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Letter "J" » Joel Naroff Quotes
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«The decline in new home sales in January makes it clear that there is some real softening in the housing market.»
Author: Joel Naroff
«It is only a matter of time before prices start falling sharply.»
Author: Joel Naroff
«All those speculators who had a great thing going for a couple of years have begun to bail out. The demand is dropping and supply is rising. Unless something happens soon to correct the supply/demand imbalance, prices are likely to decline in the near future.»
Author: Joel Naroff
«The weather in January was as good as it gets, yet demand fell.»
Author: Joel Naroff
«Businesses are apparently seeing strong enough growth in demand for their goods and services to look for more workers - and businesses are being forced to pay up for them because wages are rising strongly, too. The job market is becoming more and more friendly if you are a worker or looking to become one.»
Author: Joel Naroff
«What it seems to be indicating is that a kind of moderation in the state's economy that we saw in the middle of last year is continuing. When you put these things together we're not seeing a whole lot of job growth.»
Author: Joel Naroff
«The firming labor market is going to be the key thing that keeps the economy going this year, as the slower housing market will take a lot of the wealth flow away that people used to fund expenditures.»
Author: Joel Naroff
«This report tells the Fed to watch out.»
Author: Joel Naroff
«Trade will be restraining growth.»
Author: Joel Naroff
«For the average person, the good news is that wage gains are beginning to pull even with inflation and may over the course of the year pull ahead. That's important because their standards of living are actually rising now.»
Author: Joel Naroff
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