Quotations

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Douglas Duncan Quotes

«We have seen a lot of pre-positioning. Boomers are buying that retirement home before they have sold their current residence.»
«Companies are losing money to keep market share. The consumer is being subsidized because the competition is so fierce. For the short run, the consumer is getting a better deal.»
«I am disappointed, but not surprised, that the Bush Administration would deny hard working people access to cheaper prescription medications,»
«I am not aware that it has occurred before. At the end of the day, everyone hopes all the borrowers will be able to return to a home and meet their mortgage payments on time and be re-established in their housing.»
«Our forecast is for long-term rates to stay around 7.25 percent through the middle of the year.»
«Jobs growth has not been strong enough for the Fed to begin raising short term interest rates at any time soon.»
«All the leading indicators we look at tell us we are going to have a strong retail season and that is certainly what we are planning for.»
«We expect home sales will drop marginally -- about 3 percent -- in each of the next two years from this year's level, which will be an all-time record,»
«Anecdotally we're hearing that lenders' pipelines (pending mortgages) are down 50 percent from their peaks, ... There is no question companies are seeing the pressures of competition.»
«We're forecasting that 2006 will be a trend growth year for the economy with an increase of about 3.5 percent in the GDP,»

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