“Mitt Romney and I don't agree on every issue and certainly housing is one of them. When you look at what is going on here in Southern Nevada, you can't say you got to let the housing market hit bottom. We have been bouncing along the bottom for years. And the fact is we have to do everything possible to: 1) keep people in their homes and 2) get people who are out of their homes back into their homes.” PeopleYearsLooksHas BeensFactsHomeIssuesRepublicanAgreeBottomSouthernHousingRomneyNevadaHousing Market Author:Joe Heck
“The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.” HomeModestAffirmationHousingSlowingPending Author:David Lereah
“The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they're going to want their apartments and homes. And that's when you'll start to see a recovery in home prices.” PeopleWantRealStoriesHomeJobsEconomyCarRecoveryBuyingHouseholdApartmentHousingReal StoryBuying A Car Author:Jamie Dimon
“By laying the groundwork for a system centered on home ownership rather than the public housing popular in Europe, the New Deal made possible the great postwar housing boom that populated the Sun Belt and boosted millions of Americans into the middle class, where, ironically, they often became Republicans.” MadeHomeDealsClassMillionsSunMiddleRepublicanEuropeMiddle ClassOwnershipHousingBeltsNew DealGroundworkHome OwnershipPublic Housing Book:The Defining Moment: FDR's Hundred Days and the Triumph of Hope Source: The Defining Moment: FDR's Hundred Days and the Triumph of Hope
“A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.” NeedsYearsHomeLevelsBuiltMajoritySignificantDespiteDeclineEquityHousingTriggersMortgageWithdrawalHomeownersForeclosureHome Equity Author:Alan Greenspan