Quotations
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David Seiders Quotes
«I was obviously delighted to see this rebound. I think what it tells us is that the housing market is still fundamentally strong.»
Author: David Seiders
«We've been in a period when a lot of equity has been dropped in our laps, and it has been fairly easy to get to that equity in tax favorable ways. In these circumstances, savings will fall given the strong consumer attitude in America.»
Author: David Seiders
«There is now accumulating evidence that the housing market peaked somewhere in the third quarter. Our survey of builder confidence, which came out yesterday, was down a lot. . . . It was the biggest drop since the first survey after 9/11.»
Author: David Seiders
«I basically have a wait-and-see attitude with some healthy suspicion about this report. Either there is something that all of those other reports are not telling us, or this will get revised.»
Author: David Seiders
«It was impossible to maintain double-digit price inflation like we've seen the past few years.»
Author: David Seiders
«The retreat in housing-market activity that's now under way amounts to a simmering-down process from unsustainable market conditions in 2005, rather than a classic cyclical contraction that could spiral down for some time.»
Author: David Seiders
«The big risk is: How many investor-owned units are there? How many hidden units will come back into the market?»
Author: David Seiders
«I call it the hidden supply or inventory. It remains to be seen how big a deal this [investor inventory] is, but that's the big question for housing this year.»
Author: David Seiders
«We're now in the 'middle innings' of the current economic expansion, and the next economic recession is not yet in sight.»
Author: David Seiders
«It's been an unprecedented run for the housing sector.»
Author: David Seiders