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 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
Our previous article gave an overview of the entitlement process. Now we’ll explore entitlement holders and what constitutes a fully entitled site. Local Entitlement Holders Entitlements start at the municipal level with the crucial step of zoning. It’s the...
by Rhett Loveman | Jun 7, 2022 | Insights
The pinch on affordable housing has been attributed to many factors: increased material costs, rising land values, investors scooping up affordable housing, and an overall inflationary economy. While each of these factors contribute to the affordable housing crisis,...
