There is a strong push among immigrants to purchase homes. About a decade ago, this country had a surge in immigrants who have only recently begun the home buying process.
More Quotes from Celia Chen:
People who spent money on travel and luxury goods are spending more money entertaining themselves at home.Celia Chen
I do not think this is indicative of housing being strong, but rather that fact that people are expecting rates to rise and they are taking advantage of that.
Celia Chen
Even if interest rates weren't rising, home prices are very high relative to income. So, people are getting priced out and rising mortgage rates are making it worse.
Celia Chen
Mortgage lending is an opportunistic business and when business declines, the instinct is to consolidate to become more efficient, and that is what we are seeing.
Celia Chen
We see a slowing in home-price appreciation. But some markets could see a significant decline.
Celia Chen
During the holiday-shortened week, the MBA may have overcompensated its seasonal adjustment of the data.
Celia Chen
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Based on Topics: Home QuotesI'm not a career politician. I spent 30 years in business. I can tell you that people in California have had it with career politicians: they are done.
Meg Whitman
A man has as many social selves as there are individuals who recognize him.
William James
I was a master at keeping my feelings in.
Mark David Chapman