There has been a lot of interest in this auction.
More Quotes from Jay Butler:
You had a 40-plus percent run-up in home prices but not in incomes. That causes serious trade-offs.Jay Butler
The hype is off the housing market. Prices are high. Interest rates are climbing. Housing needs to cool down so the market can return to normalcy.
Jay Butler
We have all these hits on disposable income, and we turn around and say we don't have to worry about higher home prices. Give me a break.
Jay Butler
It's a popular area. People who bought their homes at a good price have little incentive to move on.
Jay Butler
Most people buy homes for their family. But if you're driving an hour each way to work, that's 10 hours a week. How much time are you really spending with your family
Jay Butler
With the rapid increase in home prices, followed by fairly stable interest rates and income, affordability is dropping like a rock.
Jay Butler
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