David Seiders
David Seiders
David Seiders quotes about
bolster builders buyers continue decline hold housing key limit losing major market markets measures momentum move prices reason reasons
The key reason the market is losing momentum is a major decline in housing affordability measures as prices continue to move up aggressively in many, many markets around the country. There are reasons for the builders to be doing things to bolster demand, hold buyers in and limit cancellations, and I think that's what's going on out there.
begin conclude early evidence exuberance fed found growing hit housing losing mark market period seeking
The housing market is seeking out a peak. While it is still too early to conclude that it has found one, there is growing evidence that the Fed has started to hit its mark and housing will begin losing some of its exuberance in the period ahead.
bit early high moving people rate seeing
The home-ownership rate has edged down a bit from its high in early 2004, and we're seeing more people moving into rental housing.