Joel Naroff Quotes

They're faced with what is probably a moderation in growth, but a slow acceleration in inflation. The question is, where does inflation go from here? I think that will be the driving factor, because I don't think growth is going to stay this slow.

- Joel Naroff

Tags

Faced | Moderation | Growth | Slow | Acceleration |

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The new home market looks like it is starting to stagger. Bubbles do burst, they really do. - Joel Naroff

There is an ever-growing number of homes on the market, and while the overhang is not great at the current selling pace, it could become a problem if we trend back toward more sustainable levels. - Joel Naroff

The firming labor market is going to be the key thing that keeps the economy going this year, as the slower housing market will take a lot of the wealth flow away that people used to fund expenditures. - Joel Naroff