Just Quotes: From Easy (Money) To Hard (Times) In Subprime
“We made so much money you couldn’t believe it. And you didn’t have to do anything. You just had to show up.” “Now an escalating crisis in the market, which…
Just Quotes: It’s Hot In Manhattan, But What About Here?
“Since the new year began, a burst of activity has broken out in Manhattan and several Brooklyn neighborhoods as New Yorkers frenetically hunt for co-ops, condominiums and town houses, sending…
Just Quotes: Punishing The Honorable (Another Dirty Little Secret)
“A new national survey found that 90 percent of appraisers reported that mortgage brokers, realty agents, lenders and even consumers have pressured them to raise property valuations to enable deals…
Just Quotes: Could It Happen Here?
“Over the last 15 years, downtown Vancouver has become a leader in North America’s urban housing renaissance. Under Vancouver’s “living first” policy, which was adopted 20 years ago, the downtown…
Just Quotes: San Francisco Population Growth
“Planners and demographers said Thursday it may be time for the Bay Area to bite the bullet and plan for density….San Francisco should see about 161,000 new residents by 2035…”…
JustQuotes: Slowing Luxury Home Market Gains
“In the San Francisco Bay Area, luxury homes continued the recent pattern of small quarterly gains. Increases have ranged between 0.3% and 1.8% over the past five quarters. Values have…
Just Quotes: So Is San Francisco Hot Or Not?
“Do not be afraid of falling prices. It’s sales that are important,” Lereah said. “We needed prices to fall. We had a balloon and we are deflating it. It got…
Just Quotes: Et Tu David?
David Lereah, the senior vice president and chief economist of the National Association of Realtors, “expects real estate prices to continue to fall in most U.S. markets. In areas that…
Just Quotes: A Rough Day For Realtors
“ Lereah said home prices typically appreciate at the rate of inflation, plus one or two percentage points. Buyers who plan to stay in their homes should see those gains,…
Just Quotes: The Times They Are A-Changin’
“The chief economist of the California Assn. of Realtors has stopped using the term “soft landing” to describe the state’s real estate market, saying she no longer feels comfortable with…