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. |
The boom has peaked and it's starting to come down. |
The boom is winding down to an expansion, |
The Boomers are in their peak earning years, buying second homes and retiring to Florida. We're seeing a lot of development and a lot of building but demand is greater than supply. |
The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping. |
The current pace of home sales activity remains historically strong - only eight months have had a higher sales pace. A modest downtrend, to a sales volume that is expected to be the second-best year ever in 2006, will be good for the long-term health of the housing sector. |
The current pace of home sales activity remains historically strong – only eight months have had a higher sales pace. A modest downtrend, to a sales volume that is expected to be the second-best year ever in 2006, will be good for the long-term health of the housing sector. |
The current pace of home sales activity remains historically strong — only eight months have had a higher sales pace. |
The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector. |
The good news is that inventory levels are improving and housing supply will come closer to buyer demand in 2006. We expect a healthy and more balanced market next year. |
The housing sector continues to be very, very healthy in a very weak economy. |
The housing sector has likely passed its peak . . . and the boom is winding down to an expansion. |
The housing sector has likely passed its peak ... and the boom is winding down to an expansion, ... Many of our hot housing markets are transitioning from a sellers' market to a buyers' market. |