Offers accepted, or initiated sales (for single-family homes) were way down also, at only 811 (for January 2006). Only January 2001 had fewer, at 761. So 811 is significant and it means February closings will be way down. -Richard Calhoun

 

Offers accepted, or initiated sales (for single-family homes) were way down also, at only 811 (for January 2006). Only January 2001 had fewer, at 761. So 811 is significant and it means February closings will be way down.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 4 total Richard Calhoun quotes in our collection. Richard Calhoun is known for saying 'Offers accepted, or initiated sales (for single-family homes) were way down also, at only 811 (for January 2006). Only January 2001 had fewer, at 761. So 811 is significant and it means February closings will be way down.' as well as some of the following quotes.

Offers accepted, or initiated sales (for single-family homes) were way down also, at only 811 (for January 2006). Only January 2001 had fewer, at 761. So 811 is significant and it means February closings will be way down.

Richard Calhoun

Basically, the buyers have gone away, causing the number of transactions to be at or near record low levels. This is across all four counties that I track. This indicates that it is a fairly broad change and not localized.

Richard Calhoun

Buyers should have no pressure whatsoever from fear of increasing prices.

Richard Calhoun