David Lereah Quotes

You want to make sure homes are affordable; when they start to increase at lofty rates, you start to worry about affordability... But certainly, right now, the fundamentals are so good in housing that if we have a drop-off in price gains, it's still going to be at healthy levels.

- David Lereah

Tags

Homes | Affordable | Start | Increase | Lofty |

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I think this steadiness we've seen in the last two months can't be sustained because mortgage rates have risen further since. So I do see some more modest drops in home sales. - David Lereah

Demand is not slowing down. It's just going to another location. - David Lereah

As a result, we now expect to set records for both existing and new home sales this year. - David Lereah