As long as low rates remain, housing is going to continue to do better than expected, |
If rates move up, housing will move down. But as long as we see relatively low interest rates and employment continues to pick up, housing will remain strong. |
The name and credibility of these older and more established companies are winning them more business. Longevity and balance sheets are considerations. |
The weather increased the erratic nature of the report. Places like Florida saw building delays in November, and now they're catching up in December. |
What is different now is the negative comments on the demand side, ... It indicates that Toll's high-end market has probably peaked and at best will go sideways. |
What is pushing people online is the low costs. The Internet will save both governments and end users money. There's a lot to be gained. |
Without question, the housing market has peaked out. However, I think it will be a modest decline. |