“If the Fed lowers rates next week, the questions become 'How much further can they go?,' 'Is it effective?,' and 'Can the Fed really turn things around?,' ”
Sam Stovall
“not right now, I don't have time. Maybe next week.”
Chief Leman Padelford
“The high-end apartments were lowering their rates closer and closer to ours, ... You can only lower your rent so far before you start to rent to people you really don't want to rent to. We've hit what I would consider the floor, and take our vacancies on top of that.”
David Barker
“The markets are looking a little tired and we could shuffle lower over the next couple of weeks.”
Elizabeth Miller
“We'll probably trend a little bit lower [in the next couple of weeks]. A lot of the gains have been on positive comments made by companies like Dell and IBM, but I think a lot of this reflects market-share shifts rather than a recovery in the overall market.”
Adam Adelman
“We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out.”
Ian Shepherdson
“The interest rates are about to be increased. [Durbin] is trying to lock them in at a lower rate than what is about to happen in July...he's really trying to cut in half the interest rate that would be locked in.”
Christina Angarola
