Many subdivisions lack the ability to tell the market what they are about. Some offer a pool. Some offer walking trails. Some even offer TWO pools...but at the end of the day, they are really not easily distinguishable from one another as the community center, lot size, home designs and builders are all remarkably similar. The Highlands, located near the Chesterfield … [Read more...]
The Need for Flexible Neighborhoods
Pretend someone invented a camera that could take a picture of your life. If you took a picture of your life for 5 years in a row, do you think the images would change a little? Not at all? A whole lot? I think we all know the answer. Our lives change rapidly and constantly. Children getting older. Parents getting older. Spouses getting older (notice a theme?) as well as … [Read more...]
A Return to Authenticity
As a company, One South met with a successful home builder in Richmond Va. (Lloyd Poe of Lifestyle Builders and Developers) to discuss the new normal for housing and what 2012 and beyond should bring. It was fascinating to hear the give and take between those who sold and those who built. Lloyd raised an interesting point about the marketplace and the resulting movement. … [Read more...]
EarthCraft Homes and Appraisals…Friends or Foes?
“Making our buildings more energy-efficient is one of the fastest, easiest and cheapest ways for us to create jobs, save money and cut down on harmful pollution. This is an idea whose time has come.” - President Barak Obama What does it mean to 'Be Green?' Does it mean recycling when you can? Does it mean turning off your water when you brush your teeth? Does it … [Read more...]
Lot Pricing in the Metro
For anyone who is an investor or Realtor, 2008 to 2010 has been hard. Property values have plummeted. The buying marketplace was somewhere between skittish and petrified. Lenders panicked. Every deal was difficult. But I have more than one time thanked my lucky stars that I was not a home builder. From the period of 2001 to 2008, the US built somewhere between 1.3M and … [Read more...]
