Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "The Fed Rate Hikes Have Finally Killed the Banks - Real Estate is Crashing" video.

  1. I am too. Seeing lot lot of mid construction progress but not too many new lot clearings or foundation level stages. Demand for my services has dropped notably in last 2 weeks. Too early to draw conclusions but am noticing a change.
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  2. The slope is changing now. However since most contracts being signed to day will not show up on records for 30 to 45 days. Case Schiller is delayed another 30 or 60 days (they only publish once per month) after that to report on their housing trend analysis. Once any downtun is reported, it is actually well under way. Active listings and pending sales, provided they are listed on MLS, can be updated more quickly. Most new construction in our area is not listed on MLS. Resales generally are.
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