David Lereah Quotes

You're going to be taking away from Middle America. Everyone, whether you use the mortgage interest deduction or not, the value goes down. You've just reduced the retirement nest egg for everyone.

- David Lereah

Tags

Middle | America | Mortgage | Interest | Deduction |

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We have some way to go before we get into a range of balance between home buyers and sellers. As a result, we will continue to see above-normal home-price appreciation for the foreseeable future. - David Lereah

Part of what we're seeing now is 'fence-jumping' from people wanting to buy a home before interest rates move higher. Even with an additional rise in recent weeks, the good news is that mortgage interest rates now appear to be leveling out in the 6.3 percent range. - David Lereah

I don't think we are going to see a drop in home sales in other parts of the country. I don't think economic jitters are going to hurt home sales. - David Lereah