Home
My Favorite Quotes
Hits 1 to 25 of 102
 David Lereah - “The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping.”
 David Lereah - “A new record is a bit unexpected, but so is the performance of mortgage interest rates which have been lower than forecast. When we look at recent job gains, we see all the positive factors coming together to coincide with a powerful demographic demand for housing.”
 David Lereah - “When mortgage interest rates first began to rise from record lows, it appears some buyers jumped into the market to take advantage of good affordability conditions before interest rates moved even higher,”
 David Lereah - “The present level of home sales activity is considerably above last year's record, and the new benchmark we'll set in 2004 is a significant contributor to overall U.S. economic growth.”
 David Lereah - “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.”
 David Lereah - “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.”
 David Lereah - “A modest downtrend will be good for the long-term health of the housing sector.”
 David Lereah - “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.”
 David Lereah - “We don't need to break a record every year for the housing market to be good. In fact, cooling sales are necessary for the long-term health of this vital sector.”
 David Lereah - “The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.”
 David Lereah - “With a recent rise in interest rates, the housing affordability index can be expected to slide but remain very favorable,”
 David Lereah - “We may see some minor slowing in home sales as interest rates rise, but the market clearly is stabilizing.”
 David Lereah - “The ongoing stimulus of lower-than-expected mortgage interest rates was the primary driver of strong home sales in October, ... Of course all of the other market fundamentals remain sound, so we should only see a modest decline from record home sales this year if mortgage interest rates gradually rise.”
 David Lereah - “We now think this will be the second-best year ever for existing-home sales, ... given the more favorable interest rate climate and continued strong demand.”
 David Lereah - “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.”
 David Lereah - “It's a good sign to see home sales holding close to the level of a strong rebound in the month before. This is additional evidence that we're experiencing a soft landing. We may see some minor slowing in home sales as interest rates rise, but the market clearly is stabilizing.”
 David Lereah - “Although mortgage interest rates have risen in the last month, housing affordability conditions remain favorable,”
 David Lereah - “Last year was the second lowest year on record since Freddie Mac started tracking mortgage interest rates in 1971, and that is one of the fundamental factors in the favorable market conditions that we expect to prevail for this year as well.”
 David Lereah - “Mortgage interest rates have been on a steady slide since April and reached new historic lows in September, contributing significantly to higher existing-home sales.”
 David Lereah - “If interest rates rise all bets are off,”
 David Lereah - “With a recent rise in interest rates, the housing affordability index can be expected to slide but remain very favorable.”
 David Lereah - “When mortgage interest rates first began to rise from record lows, it appears some buyers jumped into the market to take advantage of good affordability conditions before interest rates moved even higher.”
 David Lereah - “Although mortgage interest rates have risen in the last month, housing affordability conditions remain favorable.”
 David Lereah - “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.”
 David Lereah - “Not only have mortgage interest rates declined, but an expected rise in the second half of the year will be slower than in earlier projections. As a result, we now expect to set records for both existing- and new-home sales this year.”

Show Page 1
1
Show Page 2
2
Show Page 3
3
Show Page 4
4
Show Page 5
5