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Jeffrey Deuitch
Reventure Consulting
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Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Home Listings SURGE. Bubble Over?" video.
Can only speak for markets I am active in for my service, almost exclusively in new construction, but most builders here do NOT build inventory. A new start is initiated after a buyer is in contract for sale. Probably are some builders who build for investors but in my market area it is not the norm. These builders will start some but actively market them during construction. Too risky to incur the debt to complete first, then market.
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"Investors" above was supposed to say "inventory". Damn autocorrect. Sorry.
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Some places so, others not sp much. However, given that many assets, and real estate historically, moves in cycles, then increased listings would be a logical and expected next step in the cycle.
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