29 Quotes by John Karevoll

There are an awful lot of analysts and think tanks out there telling everybody in the world the sky is falling, and they have been consistently wrong.

We've had a doubling of prices in the last four years.

San Diego is the county that is kind of the furthest off into this uncharted statistical territory, so everybody's wondering what is going to happen locally. The big question there is will prices decline significantly or will they flatten out.

San Diego has easily been the county with the most (conversion) activity.

Once we have March figures, we'll have a much better indication of what's going on.

Demand is still very strong out there. The people who want to buy homes still outnumber the people who want to sell.

That part of the market is pretty stable, it's just that there's been across-the-board appreciation.

The ups and downs of default activity are clearly determined by whether prices are going up by 4 percent, or 14 percent or 25 percent annually. If it's worth more, you have more options.

There isn't a sense of urgency in the market. Buyers don't feel they need to stretch (finances) the way they felt before.