Homeowners that were expecting quick turnover in their property will no doubt be forced to hold on to it longer. This slowdown in housing will have an effect on other areas of the economy, such as sales of furniture, appliances and home improvement stores
More Quotes from Chris McCarty:
We had been expecting a decline in confidence for the past couple of months, and it finally came in February.Chris McCarty
Continued declines in gasoline prices, an upbeat stock market and high levels of employment all contributed to gains in consumer confidence this month.
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Ninety-five is historically a relatively high number.
Chris McCarty
Increasingly, consumer confidence seems to be driven by the price of gasoline.
Chris McCarty
We expect a decline in consumer confidence as several factors come to bear on the consumer.
Chris McCarty
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Based on Topics: Home QuotesThe gun is not out of Irish politics.
Ian Paisley
For the last 4 years, our Federal Government has produced the four biggest deficits in history, and the estimated 2006 deficit of $423 billion is projected to be the largest of all.
Melissa Bean
There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.
Donald Rumsfeld