Market Perspective: Jeff Detwiler, President/COO, The Long & Foster Companies

Market Perspective:  Jeff Detwiler, President/COO, The Long & Foster Companies Demand for housing is normal; supply/inventory remains below average because of: 1)  An inability to meet builder profit margin requirements.  Why?  1. Owners still have negative equity  2. Consumers continue to deleverage their debt  3. Mortgage financing is still attractive 2)  The mortgage interest rate … Continue reading Market Perspective: Jeff Detwiler, President/COO, The Long & Foster Companies