Lawrence Yun Quotes

Obviously, many renters have become homeowners as rates have fallen.

- Lawrence Yun

Tags

Renters | Homeowners | Rates | Fallen |

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People have been saying that for 20 years. But in San Francisco, it's very difficult to build, so there's a supply constraint. Seattle is also encountering a supply-constraint situation. - Lawrence Yun

A typical household in the past two years saw about a $20,000 gain in equity. That's not an insignificant chunk. Homeowners see that wealth and use it to buy additional goods. - Lawrence Yun

Nationwide, the numbers clearly indicate the market is cooling, but cooling from the record sales pace in 2005. Now, we're experiencing what we characterize as healthy levels. - Lawrence Yun