by Rhett Loveman | Dec 16, 2024 | Insights
What Are EntitlementsEntitlements 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
In residential development, entitlements refer to the legal rights granted by local authorities that allow developers to build specific projects on a piece of land. Working to ensure that projects comply with local zoning and land use regulations is...
by Rhett Loveman | Dec 16, 2024 | Insights
The average sales price for new homes in the US climbed to $485,000 in February 2024, against a backdrop of a per capita income of $41,261. This discrepancy highlights that the average American is priced out of affording a new home.Escalating home prices are...
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
https://www.jstor.org/stable/43821578 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....
