There is now accumulating evidence that the housing market peaked somewhere in the third quarter. Our survey of builder confidence, which came out yesterday, was down a lot. . . . It was the biggest drop since the first survey after 9/11. - David Seiders Quotes
There is now accumulating evidence that the housing market peaked somewhere in the third quarter. Our survey of builder confidence, which came out yesterday, was down a lot. . . . It was the biggest drop since the first survey after 9/11. David Seiders
 Confidence

More - David Seiders Quotes

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

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

David Seiders

 
I call it the hidden supply or inventory. It remains to be seen how big a deal this [investor inventory] is, but that's the big question for housing this year. - David Seiders Quotes

I call it the hidden supply or inventory. It remains to be seen how big a deal this [investor inventory] is, but that's the big question for housing this year.

David Seiders

 
We had unusually bad weather in many parts of the country in December, and the conditions in January were extraordinarily warm. - David Seiders Quotes

We had unusually bad weather in many parts of the country in December, and the conditions in January were extraordinarily warm.

David Seiders

 Country
The recent stabilization is consistent with the orderly cooling-down process that NAHB has been forecasting. - David Seiders Quotes

The recent stabilization is consistent with the orderly cooling-down process that NAHB has been forecasting.

David Seiders

 
I'm calling 2006 a simmering-down process. It's been one heck of a run. - David Seiders Quotes

I'm calling 2006 a simmering-down process. It's been one heck of a run.

David Seiders

 
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. - David Seiders Quotes

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.

David Seiders

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

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

David Seiders

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

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

David Seiders

 
We see a flattening of housing starts and the beginning of a cooling process. - David Seiders Quotes

We see a flattening of housing starts and the beginning of a cooling process.

David Seiders

 Beginning
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. - David Seiders Quotes

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.

David Seiders

 Behavior
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