Bob Walters Quotes (25 Quotes)


    We're still trending higher. I can't see it turning around until job growth or interest rates turn.

    We have worked hard over the past three years in developing a wide array of products -- all credit types, all documentation types, all amortization types and all combinations of first and second mortgages.

    Demand remains incredibly robust. Housing activity in the rest of the country was very robust, and the destruction in the Gulf states just wasn't enough to move the needle downward.

    I hate when people try to read too much into a monthly number. Last month did not portend that housing was going to triple and this month does not portend that housing is going to collapse.

    News from the Fed that they may continue raising short-term rates surprised the market, causing short-term rates to exceed long-term rates.


    That land is worth more than it was two or three years ago.

    We may see a flattening of the increase, but not much of a drop. The fundamentals remain strong Employment is robust, and interest rates remain low.

    It's a wide, wide world and you are surrounded by in large, even in the harried times in which we live, you are surrounded by nature. And guess what We are not we are certainly different than the eagles but in fact, we are as dependant on mother earth as are they.

    Solid fundamentals are expected to support home sales in coming months.

    These things are tools. Is a chainsaw a good thing or a bad thing If you're cutting down a stand of trees, it's a good thing. If you accidentally chop off your finger, it's a bad thing.

    Fixed mortgage rates stayed in a narrow, historically low, band in February.

    The bulls basically hoped for a number showing housing is eroding, and they didn't get it. I'm not surprised. As long as jobs are strong -- as long as interest rates are low -- this isn't going to change.

    Although down somewhat, the purchase market continues to benefit from strong job formation and long-term mortgage rates that have remained within range of 40-year lows.

    Home sales will remain strong because all the fundamentals remain rock solid. Long-term rates are falling, inflation is falling and employment remains strong.

    If you have to wait six months, it's not like interest rates will be 8.

    We've been on a meteoric rise for three or four years now. Houses can only double in value every five or six years for a while before plain economics bring them back in line.

    This is one of the many different tactics businesses are using to get in on the hot housing market. Lenders are grappling with what they can do to keep people coming to the market.

    Affordability will keep prices in check, But for as long as rates stay near historic lows and employment remains strong, I think pricing will stay strong. We probably won't see the double-digit gains that we've seen.

    The cards have to be laid on the table. I worry that the project is so massive. They say a six-month planning process, but even that seems too short a time. I wish I would be more hopeful, but I worry that it could be the same old Yonkers.

    I try not to get too excited over any month's gain or loss, but we are starting to see a moderation of the acceleration. We won't know if we've topped out for six to 12 months.

    It's critically important that people understand and know what their what their credit score is, ... Even if you're not going to buy a home for a year or two, you need to talk to a mortgage banker you trust. They're going to pull what's called a tri-merged credit report.

    If I'm seen as an impediment to downtown, it's only because I declined to sacrifice my own welfare. I'm not the problem. The city has shown no great inclination to resolve this. They've shown no interest in being creative, which is unfortunate.

    That would be your standard adult bald eagle... just kind of hanging out as they do.

    Refinance activity will continue as homeowners refinance out of adjustable rate mortgages and into fixed-rate programs now that there is virtually no difference between long- and short-term interest rates.

    I appreciate the thought that these higher buildings will create a better view of the corridor, but the word is corridor. We'll be looking through a telescope to the river rather than a panorama.


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