FastSaying

It was in a market that was growing but has declined, at least as far as housing starts. What it all comes down to is housing starts. Our benchmark is 3,000 starts annually in a market. There were not very many in these areas and 95 percent of our customers are builders. It is not a people issue, it is a market issue.

Jeff Nobers

DeclinedFarGrowingHousingLeastMarketStarts

Related Quotes

So far, the cracks in the housing market are not that great, but with inventories skyrocketing, that may not last long.
— Joel Naroff
CracksFarHousing
I'm not a housing market expert, and I don't want to pretend to be one.
— Eric Maskin
ExpertHousingHousing Market
The pull back in housing remains orderly, at least in the existing market. But the red flags are up. Inventories continue to rise and that is a warning that prices cuts could be coming, and soon.
— Joel Naroff
ExistingFlagsHousing
The hare starts from where it is least expected
— Proverb
ExpectedHareLeast
The Memphis-area housing market is growing up, getting more sophisticated. Also, there are people moving here from other parts of the country, and they realize they can get more house for their money in Memphis.
— William Mitchell
AreaGrowingHousing