Homeowners are taking advantage of the rally by locking in still historically low long-term mortgage rates.

261

[Even with the changes in the market, many economists remain optimistic that the housing market is not a bubble waiting to burst.] We may see a flattening of the increase, but not much of a drop, ... The fundamentals remain strong: Employment is robust, and interest rates remain low.

218

If you have to wait six months, it's not like interest rates will be 8%.

213

These things are tools.

190

Although down somewhat, the purchase market continues to benefit from strong job formation and long-term mortgage rates that have remained within range of 40-year lows.

179

Home sales will remain strong because all the fundamentals remain rock solid. Long-term rates are falling, inflation is falling and employment remains strong.

144

These things are tools. Is a chainsaw a good thing or a bad thing? If you're cutting down a stand of trees, it's a good thing. If you accidentally chop off your finger, it's a bad thing.

124

We may see a flattening of the increase, but not much of a drop. The fundamentals remain strong: Employment is robust, and interest rates remain low.

124

Demand remains incredibly robust. Housing activity in the rest of the country was very robust, and the destruction in the Gulf states just wasn't enough to move the needle downward.

107