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Jeffrey Deuitch
Real Estate Mindset
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Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "IT'S HERE! Wall Street Getting Liquidation Discounts From New Home Builders" video.
Will be interesting to see how, and to what magnitude, the effect will be on regular resale properties.
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Also, will be interesting to see what effects will be on those communities i f they have an inordinately high proportion of renters.
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Here is a quick freaky fact. Our area in SW Florida has numerous development which resemble the one you are walking and resembled it in the 02 to 05 run up. When things bottomed, there was one month where a total of 14 new house permits issued in our county! That's how low things can go.
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