We are returning to more balanced markets between home buyers and sellers, one that places buyers on a more even footing.
More Quotes from David Lereah:
Modeling a relationship between economic and commercial market indicators, as well as market trends and sentiment, will provide us with a new tool in assessing market behavior in the major commercial real estate sectors. It is being designed as an index to provide early signals of turning points between expansions and slowdowns in commercial real estate activity.David Lereah
This is a big number any way you slice it, and housing is continuing to stimulate the overall economy.
David Lereah
It's a simple matter of supply and demand. We continue to have more home buyers than sellers in most of the country, which results in tight housing inventories and higher rates of home price appreciation.
David Lereah
I worry about a budget deficit more than anything else, ... If the Bush administration continues to cut taxes and build up military, it will result in a higher budget deficit, which will lead to higher interest rates.
David Lereah
In examining the hottest markets for home-price appreciation, we see a rolling boom moving from one metro area to another over time, as well as a spillover effect into nearby areas with lower home prices, ... That is spreading the wealth of housing returns, with a natural ease of appreciation in areas following a period of extraordinary price growth.
David Lereah
What we have here is still the soft-landing scenario we've been predicting over this year. I suspect the increase we have in this report is an aberration because of the weather.
David Lereah
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Terry Southern
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Emile M. Cioran
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A. E. van Vogt