6 Total Quotes

David Berson Quotes

Fortunately, continued job and income growth and the overall economy growth will help to offset the fall in housing activity that otherwise would occur.
David Berson
#Economy

We can't find a period when the investor share of home sales has been higher than in the last year. In the fourth quarter, it looked like investors were starting to step back.
David Berson
#Home

At some point in the future, California probably will have another big housing recession. It is possible at that point that prices will fall meaningfully, as in the past they have done. That is clearly a negative for people who own homes. But for those who don't own homes, that will . . . give them a pretty good chance to buy in the next up-cycle.
David Berson
#Future

In some parts of the country, affordability has fallen to levels we have not seen in 20 years.
David Berson
#Country

We obviously track the mortgage activity and understand that overall share, but we don't focus on how many homes are being purchased by investors without a mortgage. That could be a more interesting part of the housing picture.
David Berson
#Focus

The bulk of the decline in home sales this year will come from investors leaving the housing market. If home price gains have peaked, as we expect, and financing is more expensive, investors are going to find someplace else to put their money.
David Berson
#Home