by Rhett Loveman | Dec 16, 2024 | Insights
The 2024 Q2 results showed strong employment, a persistent shortage in housing supply, and robust demand fueled by strong household formation. Net Sales Faced with persistently high interest rates and home prices, buyers still jumped...
by Rhett Loveman | Dec 16, 2024 | Insights
Unlike general taxes that are paid by all residents for government services, impact fees are paid solely by developers as part of the development approval process. They’re used as a way for municipalities to offset the additional costs incurred by the development....
by Rhett Loveman | Dec 16, 2024 | Insights
What Are Entitlements Entitlements are vested rights that allow you to develop a property for a certain use. For example, a 20-acre parcel of land zoned agricultural can be rezoned residential, commercial, or industrial. By doing so, the land has a vested right for...
by Rhett Loveman | Dec 16, 2024 | Insights
The inclusion of manmade ditches and canals under WOTUS has been a longstanding debate and was governed by the subjective “significant nexus” test. The Supreme Court’s decision in Sackett v....
by Rhett Loveman | Dec 16, 2024 | Insights
By now everyone is aware that there’s a slowdown in the real estate market. It affects every aspect of our industry albeit to varying degrees. Inflation and rapidly rising interest rates are often cited as the predominant factors. However, builders, developers, and...
