You had a 40-plus percent run-up in home prices but not in incomes. That causes serious trade-offs.
More Quotes from Jay Butler:
We have all these hits on disposable income, and we turn around and say we don't have to worry about higher home prices. Give me a break.Jay Butler
The hype is off the housing market. Prices are high. Interest rates are climbing. Housing needs to cool down so the market can return to normalcy.
Jay Butler
Lot of people are saying they hate to see it close down.
Jay Butler
There has been a lot of interest in this auction.
Jay Butler
It's a popular area. People who bought their homes at a good price have little incentive to move on.
Jay Butler
Condos will increasingly make more sense in an era of higher home prices, sprawl, higher energy prices and congested freeways.
Jay Butler
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Based on Topics: Home QuotesIt's funny about men and women. Men pay in cash to get them and pay in cash to get rid of them. Women pay emotionally coming and going. Neither has it easy.
Hedy Lamarr
I am blessed to have so many great things in my life - family, friends and God. All will be in my thoughts daily.
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Living is more a question of what one spends than what one makes.
Marcel Duchamp