by Rhett Loveman | Dec 16, 2024 | Insights
In a recent opinion, the Supreme Court of Alabama held that if a preliminary subdivision plat complies with all the City’s subdivision regulations, then it cannot be denied approval for vague or unspecified reasons. T Investments, LLC, and FHM Company, LLP v....
by Rhett Loveman | Dec 16, 2024 | Insights
Spring 2023The Federal Reserve recently approved its tenth interest rate hike since March 2022. That action, compounded with a tumultuous banking environment including three midsize banks fails, has the Feds own economists warning of a mild recession.That said, talk...
by Rhett Loveman | Dec 16, 2024 | Insights
Developers often have to relocate existing utilities when building new infrastructure like roads, bridges, and buildings. Utility relocation entails shifting or modifying current utility lines like gas, water, sewer, electricity, or...
by Rhett Loveman | Dec 16, 2024 | Insights
Individuals naturally act in their own best interest. This is known as “rational action theory.” This concept also extends to neighborhoods, where groups may prioritize their immediate surroundings, sometimes at the expense of larger, community-wide needs like housing...
by Rhett Loveman | Dec 16, 2024 | Insights
In the third quarter of 2023 public homebuilders noted an uptick in sales and revenues over last year despite market affordability challenges. The National Association of Home Builders (NAHB) Housing Market Index — a barometer for home sales sentiment and ratings —...
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...
