by Rhett Loveman | Dec 16, 2024 | Insights
The Past and Present:Over the past two years, the US housing market has moved at a frenzied pace. The availability of new homes and resales alike have not kept up with demand. The same holds true for developed lots in residential communities. Demand has outpaced...
by Rhett Loveman | Dec 16, 2024 | Insights
In recent years, the real estate market has witnessed a surge in a rather unconventional trend: the build-for-rent (BFR) phenomenon. Rather than building homes to sell, developers and investors are increasingly constructing residential properties explicitly for rental...
by Rhett Loveman | Dec 16, 2024 | Insights
If Alabama enacts the school choice program pending in the legislature, it will join the ranks of the 32 states with similar initiatives. School choice is an integral part of America’s education system, but...
by Rhett Loveman | Dec 16, 2024 | Insights
Until recently, homeownership has been an attainable American dream. It is the preferred housing choice for American families because it builds wealth for the owner, generates tax revenue for the local municipality, and contributes to the well-being of the community....
by Rhett Loveman | Dec 16, 2024 | Insights
In the wake of the recent U.S. Supreme Court ruling on the Sackett v. EPA case, property developers and homebuilders have been eagerly awaiting updated guidelines on the revised Waters of the United States (WOTUS) rule from the Environmental Protection Agency (EPA)...
by Rhett Loveman | Dec 16, 2024 | Insights
For builders and developers, effectively navigating the complex dynamics of HOAs and restrictive covenants is a crucial component of the residential development landscape. The Supreme Court of Alabama recently confirmed that implied restrictive covenants can...
by Rhett Loveman | Dec 16, 2024 | Insights
Despite a slow housing market, the cost of land and developed lots is still higher than expected. That is because lot prices are driven by several factors—home prices, existing lot supply, the cost of land development, builder demand, and the availability of...
by Rhett Loveman | Dec 16, 2024 | Insights
The 2024 first quarter results demonstrate a resilient housing market despite high interest rates and the presidential election year. That is likely because the fundamentals of the housing market stayed strong while demand continued to...
by Rhett Loveman | Dec 16, 2024 | Insights
Builder sentiment remains positive at the midway point in 2023 despite higher interest rates, supply-side challenges, and developed lot shortages. The National Association of Home Builders (NAHB) Housing Market Index, which measures the outlook on home sales and...
