It’s slowed down a bit since last spring and summer. The real question is whether it’s more than just the seasonal slowdown.

In general, you’re not going to get a great discount in a great location, right where your job is, a place that you really want to buy.

It won’t break the economy.

I feel Texas is going to come out of this pretty well.

Nationally, I think it will be a common cold, if you will.

I’m more positive about Texas than almost anywhere, because the underpinnings are good, and it hasn’t had the huge run-up that other markets have.

The people who bought in 2003 or sooner … they generally have enough equity that they’re going to do all right.

Our nation is a $10 trillion-per-year economy currently possessing $19 trillion in household asset value and $11 trillion in homeowners’ equity. Losses of $110 billion – spread over several years – would come to only...

That is, their combined mortgage debts exceeded their home values by more than 10 percent.