But this is uncharted territory. We've never seen this kind of destruction. There are relief efforts down there and you have real estate agents as refugees. There is too little known at this time.
More Quotes from Walter Molony:
This has been fairly consistent over time. Younger people are more likely to move greater distances.Walter Molony
We've never had a streak like this. We think we've come to an end for setting a record each year, but we're projecting this is a new plateau because of population growth and household formation.
Walter Molony
Our survey doesn't explain why. It gets down to being as simple as women have a better understanding of housing as a long-term investment. Single guys are more interested in consumption. They don't get serious about real estate until they meet the right woman.
Walter Molony
It's not like all of the buyers fell off a cliff. There are still people in the market during this time, just fewer. Some people think it's a great time to buy or sell.
Walter Molony
We think that sales might ease a little bit in November, but they should stay within a fairly narrow range through the first quarter.
Walter Molony
This was the first time we asked about second, third and even fourth homes.
Walter Molony
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