186 ordspråk av David Lereah
David Lereah
For two consecutive months we've had big drops in existing home sales ? this results from a decline in consumer confidence and the deteriorating economy.
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Given the demands of a growing population, and with real estate becoming the safe haven for investment, many factors are in place for a continuation of strong home sales.
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Going forward, the trend should be a gradual decline in home sales activity, but they'll stay above last year's record.
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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.
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Historically, we were looking at a 10 percent, and now we find ourselves in the 30 to 40 percent range. That's remarkable.
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Home prices rose a little more than expected in 2001, primarily due to tight housing inventories in many markets.
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Home sales are coming down from the mountain peak, but they will level out at a high plateau -- a plateau that is higher than previous peaks in the housing cycle. This transition to a more normal and balanced market is a good thing.
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Home sales are coming down from the mountain peak. But they will level out at a high plateau.
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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.
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Home sales will move up and down somewhat over the remainder of the year but stay at a high plateau, meaning this will be the third-strongest year on record.
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Housing activity has peaked and is coming down a bit, and we expect further cooling in the coming months.
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Housing activity has peaked and is coming down a bit, and we expect further cooling in the coming months. We feel confident that housing is landing softly as rates continue to rise.
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Housing activity has peaked. Inventories continue to rise. I see the housing market continuing to soften.
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Housing activity has peaked. There are no balloons popping.
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Housing markets are very strong. Affordability conditions are good, relatively speaking, because rates have stayed low,
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