David Seiders Quotes

I view the housing-starts and permit numbers for January as a temporary burst. - David Seiders

I do have this sort of weakening of the housing sector, but I think it should be thought of as a systematic cooling down process toward sustainable levels of activity and not viewed as kind of a classic housing downswing that's part of an economic cycle leading to a recession. - David Seiders

I call it the hidden supply or inventory. It remains to be seen how big a deal this [investor inventory] is, but that's the big question for housing this year. - David Seiders

I am worried about the potential for a trailing down process that gains some momentum. - David Seiders

As they generally have done throughout 2005, builders have maintained a healthy balance between supply and demand. - David Seiders

All the fundamentals remain in place, and the overall housing market continues to exhibit ongoing strength. Favorable mortgage rates, as well as strong household income and job growth, continue to bolster housing demand. - David Seiders

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