Walter Molony Quotes


You need to understand cash flow. What's going to be your income and expenses on your property? You need good entrepreneurial skills. You need to have six months of reserves in case things don't work out the way you think it will. - Walter Molony


You might as well roll dice. This strategy is ill advised. - Walter Molony


You get to a certain level of that doing that for a while, and you can't sustain that. Nor do you want to. - Walter Molony


What's been happening in markets with tight supply is you have people bidding over the asking price. That's what's accounted for this abnormal rate of price growth. - Walter Molony


We've never had a streak like this. We think we've come to an end for setting a record each year, but we're projecting this is a new plateau because of population growth and household formation. - Walter Molony


We're going to be entering a period of relative balance between buyers and sellers. We're going from a sellers' market to a balanced market. - Walter Molony


We think that sales might ease a little bit in November, but they should stay within a fairly narrow range through the first quarter. - Walter Molony


We think for all of 2006, we will see a slowing of price growth in housing prices. - Walter Molony


We think 2006 will be another record for second-home sales. - Walter Molony


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