45 Quotes by David Seiders

When you start to see cancellations, you really get worried.

We've been in a period when a lot of equity has been dropped in our laps, and it has been fairly easy to get to that equity in tax favorable ways. In these circumstances, savings will fall given the strong consumer attitude in America.

Now what happens to the market depends on the interest rate structure. Long rates have been better than expected, but I think we can see them rising, moving into alignment with what's going on with the economy and with short-term rates.

We're now in the 'middle innings' of the current economic expansion, and the next economic recession is not yet in sight.

It is a time-tested pattern. February has essentially returned to normal conditions, suggesting to me that we will see a substantial decline in housing starts.

Our forecasts show 6 percent to 7 percent declines in home sales and single-family housing starts in 2006, followed by smaller declines in 2007.

My overall assessment of the housing sector is that we probably fundamentally topped out in the third quarter of 2005 in terms of home sales and housing production.

I was obviously delighted to see this rebound. I think what it tells us is that the housing market is still fundamentally strong.

Winter weather really takes the sting out of these declines.