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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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

What we have here is still the soft-landing scenario we've been predicting over this year. I suspect the increase we have in this report is an aberration because of the weather. - David Lereah

Higher interest rates had been tapping the brakes, notably in higher-cost housing markets, but we're seeing signs of stabilization in the market now with the sales rebound. - David Lereah