25 out of every 1,000 homes found there way to new owners over this past year…the lowest turnover rate we’ve seen since the ‘90’s.
I would propose this idea to think about…
Our industrywide over reliance on selling already-built, move-in ready homes – I.e.: resales – prioritized over building business models which are predicated on building new homes, creating additional housing inventory and marketing new home construction options to home buyers has contributed substantively to housing inflation. As well as to sales numbers – in 2024 – which are comparable to sales numbers we saw thirty years ago.
Sometimes the correct answer includes plain old hard work. Coupled to changed perspectives.
Ted Ihde, Thinking About Becoming A Real Estate Developer?
Our industrywide over reliance on selling already-built, move-in ready homes – I.e.: resales – prioritized over building business models which are predicated on building new homes, creating additional housing inventory and marketing new home construction options to home buyers has contributed substantively to housing inflation. As well as to sales numbers – in 2024 – which are comparable to sales numbers we saw thirty years ago.
Sometimes the correct answer includes plain old hard work. Coupled to changed perspectives.
Ted Ihde, Thinking About Becoming A Real Estate Developer?
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Ted Ihde author of “Thinking About Becoming A Real Estate Developer?”
Today, a real estate developer and a licensed real estate broker, Ted graduated Summa Cum Laude from Bloomfield College.
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