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Ken McCarthy Quotes
«Developers are continuing to build. But the final demand for the product they're trying to build is starting to slow down.»
«Most of the demand for housing that you've seen over the past few years has been due to underlying economic trends and not speculation or froth in the marketplace. Interest rates are still favorable for financing housing. Family formation continues to grow at a healthy clip. Income is growing. Employment is growing. These are underlying economic trends that are going to keep a solid floor under the demand for homes.»
«Sometimes the market gets a bit enthusiastic.»
«Obviously, off that last race (when he broke his maiden on February 17) it was a very nice race for him. Today was a big step up, but we had a lot of confidence in him and thought he belonged in here. He's still got a little bit to learn, but Edgar said that when that hole opened up along the rail he showed a lot of acceleration.»
«Obviously this was a big step up going from a maiden win right into a graded stakes but I think Bill had a lot of confidence in him and felt he truly belonged here. He still looks like he might have a few things to learn, he was kind of trying to run up on the leaders a little bit, but Edgar said when the hole opened up he had a lot of acceleration.»
«We'll see a slowdown [in real-estate sales]. I don't think we'll see a collapse. Sales will drop to somewhat lower levels and that will lead to a slowdown of construction of new homes until this backlog inventory can start to be worked off.»
«Right now, you could say we're at sort of a sweet spot, where we have healthy growth and reasonably high interest rates.»