FastSaying

Home sales are coming down from the mountain peak, but they will level out at a high plateau -- a plateau that is higher than previous peaks in the housing cycle. This transition to a more normal and balanced market is a good thing.

David Lereah

ComingHighLevelMountainPeakPlateauSales

Related Quotes

We've been climbing this mountain. We reached the top in 2005 and now we're on a very high plateau.
— Phil Soper
ClimbingHighMountain
The Boomers are in their peak earning years, buying second homes and retiring to Florida. We're seeing a lot of development and a lot of building but demand is greater than supply.
— David Lereah
BuyingEarningFlorida
The housing sector has likely passed its peak . . . and the boom is winding down to an expansion.
— David Lereah
BoomExpansionHousing
The air is coming out of the balloons.
— David Lereah
AirBalloonsComing
The housing sector has likely passed its peak. The boom is winding down. I expect continued softening in housing if rates remain at these levels or go higher.
— David Lereah
BoomContinuedExpect