Jim Gillespie Last Quotations
Jim Gillespie Quotes about:
Last Quotes from:
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Appreciation Quotes
The demand for luxury homes continues to be fueled by baby boomers who remain in their prime home buying years. This group has amassed great wealth through investments, inheritances and equity and appreciation of their homes. Their strong buying power, coupled with the historically low mortgage interest rates we have enjoyed over the last few years, have spurred the luxury home buying segment, which also includes second homes and new construction.
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California Quotes
Everybody says (the market) can't keep going up, but the facts are there are 250,000 households being created in California this year, the same as last year. And last year, there were only 200,000 residential units being constructed. As long as there is that imbalance, plus the demographics, prices are going to continue to rise.