Bob Walters
Bob Walters
employment gains historic lows near prices pricing rates remains stay
Affordability will keep prices in check, But for as long as rates stay near historic lows and employment remains strong, I think pricing will stay strong. We probably won't see the double-digit gains that we've seen.
band fixed mortgage rates stayed
Fixed mortgage rates stayed in a narrow, historically low, band in February.
basically beginning rate removal
The removal of accommodative basically is signaling the beginning of the end of rate hikes.
businesses coming hot housing people tactics using
This is one of the many different tactics businesses are using to get in on the hot housing market. Lenders are grappling with what they can do to keep people coming to the market.
activity country demand gulf housing incredibly move needle remains rest states
Demand remains incredibly robust. Housing activity in the rest of the country was very robust, and the destruction in the Gulf states just wasn't enough to move the needle downward.
basically bulls hoped housing interest jobs low number rates showing strong
The bulls basically hoped for a number showing housing is eroding, and they didn't get it. I'm not surprised. As long as jobs are strong -- as long as interest rates are low -- this isn't going to change.
employment falling home inflation rates remain remains rock sales strong
Home sales will remain strong because all the fundamentals remain rock solid. Long-term rates are falling, inflation is falling and employment remains strong.
advantage locking low mortgage rally taking
Homeowners are taking advantage of the rally by locking in still historically low long-term mortgage rates.
appreciate buildings create higher looking rather river telescope view word
I appreciate the thought that these higher buildings will create a better view of the corridor, but the word is corridor. We'll be looking through a telescope to the river rather than a panorama.
city declined great impediment interest resolve sacrifice seen shown
If I'm seen as an impediment to downtown, it's only because I declined to sacrifice my own welfare. I'm not the problem. The city has shown no great inclination to resolve this. They've shown no interest in being creative, which is unfortunate.
bad chainsaw chop cutting good stand
These things are tools. Is a chainsaw a good thing or a bad thing? If you're cutting down a stand of trees, it's a good thing. If you accidentally chop off your finger, it's a bad thing.
excited gain moderation six starting
I try not to get too excited over any month's gain or loss, but we are starting to see a moderation of the acceleration. We won't know if we've topped out for six to 12 months.
cards laid planning project seems short wish worry
The cards have to be laid on the table. I worry that the project is so massive. They say a six-month planning process, but even that seems too short a time. I wish I would be more hopeful, but I worry that it could be the same old Yonkers.
although benefit continues job market mortgage purchase range rates remained strong within
Although down somewhat, the purchase market continues to benefit from strong job formation and long-term mortgage rates that have remained within range of 40-year lows.