Quotations
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David Lereah Quotes
«This is a good soft-landing scenario.»
Author: David Lereah
«This is a tale of two cities.»
Author: David Lereah
«Higher interest rates had been tapping the brakes, notably in higher-cost housing markets, but we're seeing signs of stabilization in the market now with the sales rebound.»
Author: David Lereah
«We're seeing signs of stabilization in the market. Home sales should level out in the months ahead.»
Author: David Lereah
«In the wake of interest rates peaking in November, I expect we are in a bit of a trough that may be followed by a modest rise and then a general plateau in the level of sales activity. Existing-home sales should stay below the record levels experienced over the last two years, but they'll maintain a historically high pace.»
Author: David Lereah
«Our leading indicator, based on pending sales, has been trending down since hitting a record last August. In the wake of interest rates peaking in November, I expect we are in a bit of a trough that may be followed by a modest rise and then a general plateau in the level of sales activity. Existing-home sales should stay below the record levels experienced over the last two years, but they'll maintain a historically high pace.»
Author: David Lereah
«In the wake of interest rates peaking in November, I expect we are in a bit of a trough that may be followed by a modest rise and then a general plateau in the level of sales activity.»
Author: David Lereah
«The baby boom generation is driving second home sales -- they're at the peak of their earnings, interest rates remain historically low and boomers want to diversify investments.»
Author: David Lereah
«On the other hand, investment home sales are likely to decline this year, in part because of higher interest rates. There are fewer incentives to speculate in the market with price appreciation cooling in much of the country.»
Author: David Lereah
«The baby boom generation is driving second home sales.»
Author: David Lereah