45 Quotes by David Seiders

It's been an unprecedented run for the housing sector.

The numbers continue to look great. We're riding at an incredibly high level here.

The big builders are marking down their outlooks for 2006 and rolling out some sales incentives -- the sort of things we see when the market starts to weaken on the demand side.

It's when people view these changes as enduring that it really can affect their current spending behavior. I think that is happening probably, and I'm hoping that house price appreciation, the equity accumulation, will help soften the blow in consumer spending.

I view the housing-starts and permit numbers for January as a temporary burst.

The warmest winter weather on record is what is driving a lot of this. I think that is the key factor behind this very strong surge in housing market activity, and as we move forward I think we're going to see these numbers come back down a lot.

The retreat in housing-market activity that's now under way amounts to a simmering-down process from unsustainable market conditions in 2005, rather than a classic cyclical contraction that could spiral down for some time.

This is definitely a good sign that the housing market is stabilizing.

It's really unprecedented, so you wonder if it can continue.