186 ordspråk av David Lereah
David Lereah
 Our leading indicator, based on pending sales, has been trending down since hitting a record last August. In the wake of interest rates peaking in November, I expect we are in a bit of a trough that may be followed by a modest rise and then a general plateau in the level of sales activity. Existing-home sales should stay below the record levels experienced over the last two years, but they'll maintain a historically high pace. |
| Part of what we're seeing now is 'fence-jumping' from people wanting to buy a home before interest rates move higher. Even with an additional rise in recent weeks, the good news is that mortgage interest rates now appear to be leveling out in the 6.3 percent range. |
| People can get overexcited. That should go away. |
| Right now, home sales are a little lower than projected, but they can be sustained around current levels. |
| Since 1971 there have been only five months when mortgage interest rates were lower, and all of those have been during the last year and a half. |
| Since April we've experienced three out of the four strongest months on record for existing-home sales, and August was the sixth highest. We're at a more sustainable level now, but long-term there should be some additional easing toward the end of the year. In fact, the August sales pace is close to what we project for total sales this year. |
| So far this year, we've already recorded the four highest monthly sales rates on record for existing-home sales, but the pace can't stay at unprecedented levels indefinitely, |
| So, 2005, when we look back, was the best year in housing in recent memory, probably of all time. |
| Some of the cooling is coming from non-boom markets such as Detroit, where there are job problems. I do worry about those markets if the economy continues to slow, though we do expect the economy to pick up in the first quarter. |
| still pretty good in historic terms. |
| The (housing) boom is obviously winding down. But it's important to note that it's winding down, but still to healthy levels of activity. |
| The (Pending Home Sales) index has been fluctuating in a fairly narrow range over the last six months -- a very high range -- so the overall market is moving forward with a lot of momentum. |
| The air is coming out of the balloons. |
| The baby boom generation is driving second home sales -- they're at the peak of their earnings, interest rates remain historically low and boomers want to diversify investments. |
| The baby boom generation is driving second home sales. |
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varav 1407627 på engelska
Proverb (1469519 st) Search
Categories (2627 st) Search
Authors (167535 st) Search
Photos (4592 st)
Born (10495 st)
Died (3317 st)
Dates (9517 st)
Countries (5315 st)
Idiom (4438 st)
Lengths
Toplists (6 st)
Greetings
Write a greeting
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
Det är julafton om 184 dagar!
Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!
 |
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
Det är julafton om 184 dagar!
Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!