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How to Buy Land in 8 Steps: A Guide for Investors

The Close

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. It helps to be in the know.

Land 98
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Opinion: Riding the wave

Housing Wire

After the last crash, builders scaled back significantly and never fully recovered to pre-2007 levels. The time-consuming process of acquiring land and navigating regulatory approvals poses a barrier to rapid expansion.

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How Andrew Marquis plans to close more loans in a low-inventory market  

Housing Wire

Even if I write seven pre-approvals a day, when there is one house and there’s 20 people that want to buy the same house, we still can’t do a lot of deals,” Marquis said. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. But [production] levels are not pre-pandemic.

Loans 410
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Vishal Garg unveils Better’s new strategy as a publicly traded company 

Housing Wire

The business combination closing, announced Wednesday, unlocks approximately $565 million of fresh capital, including a $528 million convertible note previously committed from affiliates of SoftBank and additional common equity from funds affiliated with NaMa Capital (formerly Novator Capital). What happened, from your standpoint?

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What Will It Take To Finally Close the Financing Gap for Affordable Housing?

Propmodo

The company also faced other hurdles, from prolonged delays in securing city approvals for new projects to a cooling local real estate market and fierce competition for every scrap of available land. In 2021, the price for 1,000 board feet of lumber soared past $1,500, nearly tripling the pre-pandemic record.

Finance 57
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What Causes Pre- Construction Condo Delays?

Toronto Realty Blog

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” Blog reader Densha asked about pre-construction condo delays and it’s a good topic.

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Are We in a Housing Bubble: What to Look for in 2023?

Marco Santarelli

It is a type of economic bubble that occurs periodically in local or global real estate markets , and it typically follows a land boom. A land boom is a rapid increase in the market price of real property such as housing until it reaches unsustainable levels and then declines.