Phillip Neuhart Quotations

The picture is getting less and less pretty.

They were disappointing, clearly, but not a catastrophe. You have to put this into perspective: 6.6 million is historically a high level. We're expecting a soft landing. We're not expecting a crash.

It's tempting to use this number as evidence that the housing boom continues - but it's probably an aberration.

It's a very good number for January. But should we get carried away with the seasonally adjusted number? No. We still expect a slowdown in 2006, no question about it.

The housing market continues to moderate - and even January's fantastic weather was not able to increase new-home sales.

The housing market continues to moderate -- and even January's fantastic weather was not able to increase new-home sales.