Housing Quotations | Page 5
Housing Quotes from:
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Consumer Quotes
While everybody is very happy with the performance of the economy under Greenspan, it's come at quite a price. We have a negative savings rate. The consumer has been out spending his and her income, partly supported by an increase in housing prices, where people had to pull a lot of the equity out of their home. Well they can't do that again.
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Borrowing Quotes
While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economy/job market should help, at least for a while, to compensate for the dampening effect of the upturn in borrowing costs on housing demand,
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Caused Quotes
Weekly earnings growth has been steadily declining. ... It's not dire yet, but clearly it's not helpful, and it's caused us (Americans) to have negative saving rates. People have poured all of their money from the stock market into housing. ... If the housing (market) busts it will get ugly fast.
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Across Quotes
We know that thousands of evacuees will need to spread out across the country and be welcomed by communities throughout our nation, ... The first buses from New Orleans and Texas are already rolling toward Wisconsin, and evacuees will find temporary housing across our state. Wisconsin welcomes these evacuees with open arms.
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Assistance Quotes
Thousands of families lost everything in the hurricanes, and the help that we can provide in putting those families into good housing can help them rebuild their lives. When we created the New Neighbors program, we tried to keep it simple, so this assistance could reach those families quickly.
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Anticipate Quotes
We have not had any new orders to fill property requests. But I do anticipate some. We already have some property in that area on Highway 219 -- we were speculating with no idea this was coming. My suspicion is this will be good for us, good for housing sales and residential development.
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Absolute Quotes
The problem is, things can't get any better, or that's the perception out there in the marketplace. In fact we would concur with that opinion. This is a notoriously cyclical sector; that isn't likely to change any time soon. Housing starts are at absolute peak levels. People are concerned where the upside is.
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Assistance Quotes
Those who had uninsured or underinsured losses as a result of the hurricane should register without delay. Even if you already repaired the damage, replaced the property, or received partial reimbursement from your insurance company, make the call before the March 11 date. Registering with FEMA will also determine what housing assistance you may qualify for.
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Across Quotes
Thought seasonable factors may be part of the explanation for falling prices and declining home sales, it appears that the housing sector is slowing down as we move into 2006. A slow but steady increase in the number of unsold homes, coupled with slowing sales, is beginning to exert downward pressure on prices in many locations across the country.
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Actively Quotes
When Gov. Warner announced his Virginia Works initiative last spring, we actively advocated with the governor and the secretary of commerce and trade that the Artisans Center be the lead organization for that initiative. We weren't successful with that, even though we did get the secretary and the Department of Housing and Community Development to remember that there is an Artisans Center of Virginia that should be an integral part of anything that they do related to the works of artisans anywhere in Virginia.
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Average Quotes
The prospect of further tightening may only be ruled out once a noticeable moderation in housing and consumer spending is observed, ... Certainly, we see no prospect of an easing in the foreseeable future if inflation is to be kept within the 1% to 3% target range on average over the medium term.
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Believe Quotes
We do believe that the U.S. housing market is a bubble in the sense that its contribution to consumer spending is unsustainable. Households have used a large share of the recent home equity gains to supplement their spending. When these gains dry up, as they ultimately must, spending is likely to weaken substantially.
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Beginning Quotes
The fact that the boom is ending should not be interpreted as indicating any serious trouble for builders or realtors -- unless, of course, some overextended on debt in expectations that sales would continue to accelerate, ... Prior to the recent explosion in sales, a level of 700,000 had been considered very strong. The current trend should be viewed as a return to normalcy rather than as the beginning of a housing recession.
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Activity Quotes
There are signs of cooling in the hottest markets on both coasts and a shift in investor activity from buying to selling, resulting in less demand and increased supply in certain markets. Once these factors work their way through current housing supplies, however, we expect the market to move to a new equilibrium which will provide a platform for continuing and sustainable growth by KB Home.