Land demand trending toward infill, multifamily

Notable real estate land brokers see similar and diverse challenges in marketing land and lots in diverse Florida markets.

  • By Business Observer Staff
  • | 6:00 a.m. February 1, 2019
Eshenbaugh Land Co. founder and President Bill Eshenbaugh sees a pullback in larger master-planned developments and a pushback by builders who want to pay less — and pay later — for entitled land and finished lots.
Eshenbaugh Land Co. founder and President Bill Eshenbaugh sees a pullback in larger master-planned developments and a pushback by builders who want to pay less — and pay later — for entitled land and finished lots.
  • Construction-Development
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An anticipated cooling of the housing market and a trend toward homebuilders seeking to minimize risk may result in fewer land deals in 2019, say two land brokers in contrasting markets.

 

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