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David Lereah Quotes

After setting a new record for existing-home sales in August, our internal tracking shows a downturn following the attack on America, and there will be some natural pullback from big-ticket purchases in the months ahead given uncertainty over the future. - David Lereah

Tags

Setting | Record | Existing | Sales | August |

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Mortgage interest rates have been on a steady slide since April and reached new historic lows in September, contributing significantly to higher existing-home sales. - David Lereah

In fact, the index increased in nine of the last ten quartersthis trend implies that commercial activity of net absorption and the completion of new buildings will remain solid through the third quarter of this year. - David Lereah

This is a great time to lock in. - David Lereah

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