Jay Butler
Jay Butler
couple desire extend last market month pace physical production strong worn
One month does not make a trend. The pace has been so strong the last couple of years that they've outstripped physical production and worn out physical resources. There may be a desire to extend the market by constraining it now.
interest
There has been a lot of interest in this auction.
disposable higher hits home income turn worry
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.
dropping fairly followed home increase interest rapid rates stable
With the rapid increase in home prices, followed by fairly stable interest rates and income, affordability is dropping like a rock.