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 HoldersEntitlements start at the municipal level with the crucial step of zoning. It’s the cornerstone...
by Rhett Loveman | Dec 16, 2024 | Insights
Our previous article discussed zoning barriers to attainable housing. In this article, we’ll discuss how infrastructure improvement costs, stimulus money, and onerous regulations are also affecting the attainable housing market.The initial land purchase can be a...
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....
by Rhett Loveman | Dec 16, 2024 | Insights
Traditional ModelA good development must start with the right piece of land. As any builder knows land is expensive to purchase, time consuming to entitle, and costly to develop. The variables involved in acquiring, entitling, and developing land are also complex and...
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...
