We won't know for another couple of months if this is a lull in the market or part of a longer-term downturn. It's always difficult to project from trends we see in January and February. The March numbers will tell us much more about what's going on. - Marshall Prentice Quotes
We won't know for another couple of months if this is a lull in the market or part of a longer-term downturn. It's always difficult to project from trends we see in January and February. The March numbers will tell us much more about what's going on. Marshall Prentice
 

More - Marshall Prentice Quotes

We still expect the annual increase in median to go down into the single digits sometime this summer. - Marshall Prentice Quotes

We still expect the annual increase in median to go down into the single digits sometime this summer.

Marshall Prentice

 
Trends in January and February are notoriously bad at predicting upcoming activity. Is the market taking a breather? Or is it starting to tumble? It's impossible to say, there's nothing really ominous in the numbers, but we won't know for another couple of months. - Marshall Prentice Quotes

Trends in January and February are notoriously bad at predicting upcoming activity. Is the market taking a breather? Or is it starting to tumble? It's impossible to say, there's nothing really ominous in the numbers, but we won't know for another couple of months.

Marshall Prentice

 
Today's Bay Area real estate market has all the characteristics of a relatively normal balanced market. We knew the year-ago numbers were unsustainably strong. Right now it looks like current trends will last well into 2006, with strong, but not record-breaking sales, and continued appreciation. - Marshall Prentice Quotes

Today's Bay Area real estate market has all the characteristics of a relatively normal balanced market. We knew the year-ago numbers were unsustainably strong. Right now it looks like current trends will last well into 2006, with strong, but not record-breaking sales, and continued appreciation.

Marshall Prentice

 
Demand still seems to be there, but the sense of urgency seems to be a thing of the past. We don't expect the market to tumble, but we do expect price increases to level off between now and spring. - Marshall Prentice Quotes

Demand still seems to be there, but the sense of urgency seems to be a thing of the past. We don't expect the market to tumble, but we do expect price increases to level off between now and spring.

Marshall Prentice

 Past
This stability means that the market will probably stay strong at least through the end of the year. - Marshall Prentice Quotes

This stability means that the market will probably stay strong at least through the end of the year.

Marshall Prentice

 Stability
Sales are strong, but not at a peak, and price increases are slowing down, especially in the markets that took off first back in 1998 and 1999. - Marshall Prentice Quotes

Sales are strong, but not at a peak, and price increases are slowing down, especially in the markets that took off first back in 1998 and 1999.

Marshall Prentice

 Sales
We're watching the market carefully for any signs of a turn, for any signs of the 'bursting bubble' that some analysts have been predicting. So far we're not seeing anything other than the normal incremental changes you would expect in the ebb and flow of a real estate cycle. - Marshall Prentice Quotes

We're watching the market carefully for any signs of a turn, for any signs of the 'bursting bubble' that some analysts have been predicting. So far we're not seeing anything other than the normal incremental changes you would expect in the ebb and flow of a real estate cycle.

Marshall Prentice

 
In other words, homes that would have sold for $900,000 in 2004 sold for more than a million last year. - Marshall Prentice Quotes

In other words, homes that would have sold for $900,000 in 2004 sold for more than a million last year.

Marshall Prentice

 Words
People lose their jobs, have medical emergencies, get divorced, pass away or make bad money decisions at a certain rate. Because of the rise in home values, much of that financial distress has been covered by the increasing amount of equity that people have had in their homes. - Marshall Prentice Quotes

People lose their jobs, have medical emergencies, get divorced, pass away or make bad money decisions at a certain rate. Because of the rise in home values, much of that financial distress has been covered by the increasing amount of equity that people have had in their homes.

Marshall Prentice

 Jobs
Because of the rise in home values, much of that financial distress has been covered by the increasing amount of equity that people have had in their homes. That equity is now being created at a slower pace, and default activity is inevitably on the rise. - Marshall Prentice Quotes

Because of the rise in home values, much of that financial distress has been covered by the increasing amount of equity that people have had in their homes. That equity is now being created at a slower pace, and default activity is inevitably on the rise.

Marshall Prentice

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