Lawrence Yun Quotes

Sellers are stubborn. It takes a long time for sellers to adjust their expectations.

- Lawrence Yun

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Sellers | Stubborn | Takes | Long | Time |

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Our experience says prices do not go down when there's job creation in the local economy. In local markets where they are flat on jobs, they could see prices decline. But we're projecting 2.3 million new jobs this year. The job market is providing a buffer. It's a counter force to rising rates. - Lawrence Yun

It's not surprising that Arkansas is up for the first three months compared to last year [for the same period ]. It is following the pattern of affordable regions doing better than the rest of the country. - Lawrence Yun

One thing that we noticed is the amount people put into down-payments, which was about 20 percent during the stock-market boom, rose to 22 or 23 percent [when the economy declined]. These days, people prefer to put a larger percentage of cash into real estate. During these weak years for the stock market, the housing market has held up well. - Lawrence Yun