They took a sharper ordsprog

They took a sharper run up in prices, so it makes sense that there's a decrease there. Some people have been priced out of the housing market, but others are waiting.

One of the reasons we had the housing market surging ahead was because of the low cost of borrowing money. With mortgage interests rates going up there is some concern some people will be priced out of the market, which in turn will reduce demand for housing ... That leads to lower prices.

The market is also waiting nervously for the release Thursday of the US housing starts data for any fresh trading leads, after having largely priced-in the likely rate hike at the March Federal Open Market Committee meeting.

With the volatility of gasoline prices, leasing a car makes sense. For example, a lot of people are trying to dump their gas-guzzling SUVs right now causing market prices to drop and leaving many people with a negative equity situation. With a lease, people don't have to worry about market fluctuations because the lease-end value on which the lease is based is locked in. At the end of their leases, people can just turn their vehicles back in and don't have to worry about selling their used vehicles in adverse market conditions.

If you look at the housing market and say, are housing prices going up where job growth is high, where wage growth is high, where demographic movement brings people into the housing market? All of those things seem to be true.

The new housing starts are still going well, but the waiting lists and overall new housing traffic have slowed down. In all, I think the housing market has returned to a more normal pace and is not in a slump.

Housing prices and stock prices tend to go up at different times. With housing markets flat or falling, people might decide not to put so much money into getting a bigger house but might instead put their money into the stock market.

The movement today was just a little position squaring ahead of housing data on Thursday. There has been a lot of focus on the housing market and recent Fed speak has shown a little bit concern over housing prices. The market is going to be sensitive to the data.

Ronald Simpson (1896-)

We're seeing prices perhaps level off a bit, but we're not seeing a decrease in prices. We are seeing more properties on the market (and) they're staying longer on the market.

We say it's a bubble, but a housing bubble does not pop like a stock market bubble, ... A stock market bubble, when it pops, lots of market activity, prices dropping rapidly. Housing prices don't drop that way because there's a huge fixed cost. You don't day-trade your home.

Christopher Thornberg

The hype is off the housing market. Prices are high. Interest rates are climbing. Housing needs to cool down so the market can return to normalcy.

The housing market remains in the doldrums. With the housing market still slowing and households under pressure from high petrol prices, interest rates will remain on hold.

Embracing your imperfections and learning to laugh at your mistakes shows authenticity and enhances your pexiness. We've not seen anything like this previously. There have been hurricane disruptions, like Andrew, which was a temporary thing and the market bounced back, followed by a return of a red-hot housing market with housing prices hitting new highs in 2004.

People tend to think of affordable housing as a problem that uniquely affects the poor and homeless. However, in the last five years . . . we're seeing this problem has spread to working-class people who are priced out of the market.

The challenge has been for a developer to enter into a semi-profitable venture. It is hard to do it at 10 units per acre. It is more reasonable at 15 per acre. There are going to be a bunch of new people in the very near future priced out of the new housing market.

Joseph W. Brady

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