Ralph McLaughlin - Trulia

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Last quote by Ralph McLaughlin

The important question here is whether the optimism we saw after last year's election has manifested itself into the housing market this year. We aren't seeing signs that's the case. This softening of many of these indicators isn't necessarily the result of anything the Trump administration has or hasn't done, but, rather, we were expecting a possible bump in housing and we haven't seen that yet, unlike the labor market and unlike the stock market.feedback
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Nov 08 2017
Ralph McLaughlin has been quoted in 23 different articles. Most recently, Ralph McLaughlin has been quoted saying, “There is huge potential for macro policy to drive the housing market upward, even though that wasn't the intention.” in an article called With Fewer Homes for Sale, Bidding Wars Erupt in Washington. This is only one of 28 quotes from Ralph McLaughlin. To see more examples Ralph McLaughlin’s views and opinions, check out the section below. You can filter Ralph McLaughlin's quotes by date and by topic to see, for example, what Ralph McLaughlin said about August recently and in the past.
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Ralph McLaughlin quotes

Feb 05 2017

We think it's a little bit different this time , because we think more flips are actually value-added improvements that investors are making to the house, rather than speculative flips which is basically someone buying and sitting on a home waiting for the prices to rise. Price increases in 2016 were the quickest in about 3 to 4 years. If the flip doesn't go according to plan, they at least made a little bit up in price gains in equity in the house.feedback

Feb 05 2017

Flipping is a risky business. If you buy a home that needs a lot of work or you didn't do due diligence you should have and there's some big ticket items you didn't anticipate maybe like a foundation that needs repair or new plumbing or new roofing , those things can take a lot of the profit margins off of that flip. If your drywall person is tripping over your floor person, which is preventing the plumbing person from coming in, that can add a lot of delays and costs to you.feedback

Feb 05 2017

We looked at the share of flips that actually had work done to them using building permit records and that is also near an all-time high. There [are] opportunities across all spectrums, because the inventory of starter and trade-up homes has dropped the most, we don't think there's a lot of activity going on there.feedback

Nov 29 2016

It's good news for homeowners, but not so great news for homebuyers who have seen prices outpace incomes for most of the housing market recovery.feedback

Oct 27 2016

I think this is good news in light of the fact that millennials now make up the largest pool of potential new households. Though many are still living with their parents, they eventually will move out.feedback

Sep 22 2016

Inventory woes continue to introduce supply gridlock for homebuyers. Those who want to sell their home might not do so because finding another home is difficult.feedback

Sep 16 2016

As your income goes up you tend to buy a bigger house or add more space and that increases the value of your house.feedback

Sep 16 2016

Many of the metros that saw the highest income growth have been in places that have been slow to recover from the recession.feedback

Aug 30 2016

June represents the fifth straight month of flat or decreasing year-over-year price gains, but homebuyers are still being challenged as prices outpace income growth.feedback

Aug 24 2016

Homebuilders continue to thrive on healthy demand while homebuyers remain stifled by anemic inventory.feedback

Jul 28 2016

While the millennial homeownership rate continues to decline, it's important to note that the decrease could be just as likely due to new renter household formation as it is their ability to buy homes. Certainly low inventory and affordability isn't helping their efforts to own, but moving out of their parents' basement and into a rental unit is also a good sign for the housing market.feedback

Jun 22 2016

May's existing home sales numbers suggest that healthy demand continues to support a recovering housing market, but that inventory woes are preventing a full recovery to pre-recession levels.feedback

Jun 21 2016

Many would-be young homebuyers tell us that saving up for a down payment and finding a suitable home are obstacles that are keeping them from buying a home, even though they aspire to do so.feedback

Jun 21 2016

A lack of starter home affordability is becoming problematic in places outside of California. Starter home affordability is down most in Oakland, CA, but is beginning to take a hit in Denver, Portland, Seattle, and central Florida.feedback

Jun 17 2016

Single family builders are slowly, but surely, gaining ground on what has been a strong four years for multifamily construction.feedback

Jun 16 2016

Consumers are increasingly worried about tight inventory when finding a home, and rightly so. Low inventory has been, and will continue to be, a strong headwind for househunters.feedback

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