People are feeling much more financially secure. Families who are more financially secure are much more likely to buy a big-ticket item, like a house.
More Quotes from Frank Nothaft:
Lower oil prices at least compared to the last several months have helped to alleviate some of the inflation fears that the market has been experiencing lately.Frank Nothaft
Mortgage interest rates were up this week on news that February employment figures suggested an economic upturn. That news, however, puts a bit of upward pressure on long-term mortgage rates.
Frank Nothaft
Several large corporations released strong earnings and sales forecasts recently, igniting a rally in the stock market this week. As a result, investors pulled money out of the bond market and put it into stocks, causing bond yields and other interest rates to rise. Mortgage rates followed suit, to a lesser degree.
Frank Nothaft
However, the resiliency of the housing sector continues to amaze, ... 2005 will be another banner year for the housing industry.
Frank Nothaft
It was no great surprise that housing starts rose for the second time in three months since mortgage rates in November reached levels not seen since the mid-1960s. Since mortgage rates are not expected to increase significantly, we remain confident that the housing industry will continue to be alive and active well into 2003.
Frank Nothaft
Las Vegas generally runs above the national average in investor and second-home purchase activity. It's beginning to raise flags.
Frank Nothaft
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Based on Topics: Family Quotes, People QuotesBased on Keywords: big-ticket
I was always looking outside myself for strength and confidence but it comes from within. It is there all the time.
Anna Freud
I loved to read, but I always thought that the dream was too far away. The person who had written the book was a god, it wasn't a person.
Rita Dove
All that we see or seem is but a dream within a dream.
Edgar Allan Poe