The weather basically gave the builders an opportunity to move things forward. No one changed their plans. But I'll probably change my forecasts for the next two months lower, even if I keep the first quarter forecast at pretty much the same level.
More Quotes from David Seiders:
The retreat in housing-market activity that's now under way amounts to a simmering-down process from unsustainable market conditions in 2005, rather than a classic cyclical contraction that could spiral down for some time.David Seiders
I basically have a wait-and-see attitude with some healthy suspicion about this report. Either there is something that all of those other reports are not telling us, or this will get revised.
David Seiders
There is now accumulating evidence that the housing market peaked somewhere in the third quarter. Our survey of builder confidence, which came out yesterday, was down a lot. . . . It was the biggest drop since the first survey after 911.
David Seiders
It was impossible to maintain double-digit price inflation like we've seen the past few years.
David Seiders
While new-home sales have been quite strong throughout 2005, we see a cooling of the market to a healthy and more sustainable pace in the months ahead, as substantiated by recent surveys of our builders. For 2006, we expect to see a 6 percent to 7 percent drop in sales, but certainly no reason for alarm. This would make 2006 the second or third best year in housing history.
David Seiders
We've been in a period when a lot of equity has been dropped in our laps, and it has been fairly easy to get to that equity in tax favorable ways. In these circumstances, savings will fall given the strong consumer attitude in America.
David Seiders
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Based on Topics: Opportunity Quotes, Planning QuotesFrom my father, I learned the importance of working sincerely at things to which I had committed myself, and to persevere untiringly even in the face of little progress.
Koichi Tanaka
No poems can please for long or live that are written by water drinkers.
Horace
Celebrities meet a lot of people and we just can't maintain them all in our fuddled brains.
Cliff Richard