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David Lereah Quotes: Home sales are coming down from the mountain peak, but they will level out at a high plateau - a plateau that is higher than previous peaks in the housing cycle.
         

Home sales are coming down from the mountain peak, but they will level out at a high plateau - a plateau that is higher than previous peaks in the housing cycle.


David Lereah
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"David Lereah Quotes." Quoteslyfe.com, 2024. Sat. 27 Apr. 2024. <https://www.quoteslyfe.com/quote/Home-sales-are-coming-down-from-the-505101>.





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Other quotes of David Lereah


We are really on track for a soft landing. There are no balloons popping.

We are really on track for a soft landing. There are no balloons popping.



The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.

The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.



If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years.

If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years.



The steady improvement in [home] sales will support price appreciation...[despite] all the wild projections by academics, Wall Street analysts, and others in the media.

The steady improvement in [home] sales will support price appreciation...[despite] all the wild projections by academics, Wall Street analysts, and others in the media.



Real estate is still a great investment opportunity for households. Price appreciation will continue. It may not be at 20%. It may ... even go down to 5%.

Real estate is still a great investment opportunity for households. Price appreciation will continue. It may not be at 20%. It may ... even go down to 5%.



The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping.

The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping.



...housing activity will remain healthy for some time to come.

...housing activity will remain healthy for some time to come.



With sales stabilizing, we should go back to positive price growth early next year.

With sales stabilizing, we should go back to positive price growth early next year.



I believe that in years to come, historians will see the beginning of the 21st century as the ‘golden age’ of real estate.

I believe that in years to come, historians will see the beginning of the 21st century as the ‘golden age’ of real estate.





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Quote Description


This page presents the quote "Home sales are coming down from the mountain peak, but they will level out at a high plateau - a plateau that is higher than previous peaks in the housing cycle.". Author of this quote is David Lereah. This quote is about housing, home, mountain, levels, higher, mountain peaks,.