Quotations
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David Lereah Quotes
«Home sales are staying at very healthy levels. Housing inventory improved in August, but remain tight, and we have some way to go before we get into a range of balance between home buyers and sellers.»
Author: David Lereah
«Looking forward the outlook for housing is mixed. I do expect some slowing of home sales and price appreciation going forward.»
Author: David Lereah
«We feel confident that housing is landing softly as rates continue to rise.»
Author: David Lereah
«With 30-year fixed mortgage interest rates a little under 7.0 percent, and expected to stay near this level for the balance of the year, we project existing-home sales to nearly match last year's performance.»
Author: David Lereah
«In my opinion it's terrible timing--it's almost irresponsible. That would do severe damage to a lot of the local markets across the nation. We are looking at probably a 10 to 15 percent drop in home prices.»
Author: David Lereah
«We're fairly confident that third-quarter home sales will prove to be the high point of the five-year housing boom.»
Author: David Lereah
«As a result, we now expect to set records for both existing and new home sales this year.»
Author: David Lereah
«The boom has peaked and it's starting to come down.»
Author: David Lereah
«Housing activity has peaked. Inventories continue to rise. I see the housing market continuing to soften.»
Author: David Lereah
«We are really on track for a soft landing. There are no balloons popping.»
Author: David Lereah