Top 10 Quotes & Sayings by David Lereah

Explore popular quotes and sayings by David Lereah.

Last updated on September 19, 2024.

David Lereah is an American business executive and author. Lereah served as the President of Reecon Advisors, Inc., a real estate advisory and information company located in the Washington, D.C. area, from 2008 to 2020. Lereah was previously an Executive Vice President at Move, Inc. and before that, Chief Economist for the National Association of Realtors (NAR). Lereah served as the NAR's spokesman on economic forecasts, interest rates, home sales, mortgage rates, as well as other policy issues and trends affecting the United States real estate industry. Lereah was also the Chief Economist for the Mortgage Bankers Association during the 1990s and has testified before Congress on economic and real estate matters.

Source: Wikipedia

Real estate is still a great investment opportunity for households. Price appreciation will continue. It may not be at 20%. It may ... even go down to 5%.

David Lereah

...housing activity will remain healthy for some time to come.

David Lereah

The steady improvement in [home] sales will support price appreciation...[despite] all the wild projections by academics, Wall Street analysts, and others in the media.

David Lereah

With sales stabilizing, we should go back to positive price growth early next year.

David Lereah

Home sales are coming down from the mountain peak, but they will level out at a high plateau - a plateau that is higher than previous peaks in the housing cycle.

David Lereah

I believe that in years to come, historians will see the beginning of the 21st century as the ‘golden age’ of real estate.

David Lereah

We are really on track for a soft landing. There are no balloons popping.

David Lereah

If you paid your mortgage off, it means you probably did not manage your funds efficiently over the years.

David Lereah

The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.

David Lereah

The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping.

David Lereah