David Lereah Quotes

In my opinion it's terrible timing--it's almost irresponsible. That would do severe damage to a lot of the local markets across the nation. We are looking at probably a 10 to 15 percent drop in home prices.

- David Lereah

Tags

Opinion | Terrible | Irresponsible | Severe | Damage |

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We're seeing signs of stabilization in the market. Home sales should level out in the months ahead. - David Lereah

The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector. - David Lereah

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