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Jeffrey Deuitch
Yahoo Finance
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Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Yahoo Finance" channel.
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If you bought 3 years ago then yes, good cushion. How many bought in the last 18 months? No such cushion for many people.
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I provide services to large home builders in house financing. For new construction, you have it backward. Lower levels of homes being build is due to lowered demand. This is why many builders are lowering prices. In most large developments, the contracts are written prior to commencement of construction. Therefore construction levels are a result of demand.
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Is she out of her mind! Real estate is clearly on a downward price trend and well published by many indices.
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