Homebuilders Quotes

While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economy/job market should help, at least for a while, to compensate for the dampening effect of the upturn in borrowing costs on housing demand. - Steve Stanley

When you look at how homebuilders operate now, it's not like they build homes and wait for them to be sold... They're taking orders and then building. When things slow down, there's not going to be a bubble collapse or anything like that. - Scott Brown

We very much benefited this year from the still-low interest rates, with the Home Depot's and Lowe's of the world doing well... The whole universe of homebuilders and mortgagers did really well, too, but as interest rates continue to rise next year, that's going to dry up some. - Barry Ritholtz

This suggests one of two things: either investors are unduly optimistic about the sector, or more ominously, perhaps, the homebuilders are seeing strong demand from non-traditional buyers... In other words, real estate speculators have moved into the market, replacing owner-occupiers as the primary end-buyers. - Michael Panzner

The extraordinary financial performance of conventional homebuilders in this economic cycle leads us to believe that there is a strong possibility that their stocks could be poised for record-breaking valuations. - Lawrence Horan

Prices are going nowhere and homebuilders are using a whole range of incentives to try and draw people in -- free carpets, furniture, legal fees, deposits -- you name it. - Mark Hughes

One steep drop in housing starts does not make a downward trend, especially in a month which was very wet in the West and very cold in the Northeast. Still, the data are consistent with other signs of a softening housing market, most notably the drop in homebuilders' confidence. What really matters, though, is whether sales will fall fast enough to turn a softening into a collapse. - Ian Shepherdson

Housing in general is a much better value in Illinois than it is in Missouri. Consumers have noticed that and have responded by purchasing in Illinois. Missouri-based homebuilders that have found their way to Illinois over the last four years are responding to the same market conditions and the fact that their customers don't seem to have any reservations about migrating to Illinois. - Jerry Rombach

Homebuilders are having a sensational year and business continues to be very solid. - Jim Meyers

By the end of the year, there will be some builders with some overhang of construction relative to demand, ... Now's the time when you'd hope everybody cools off a bit and moderates their building, but that's not human nature -- and it's not the way for homebuilders to make money in the near term. - Diane Swonk