How Small and Medium Builders are Finding Dirt

BuilderOnline

By Brian Croce

For 25 years, Bob Schroeder worked for a family-owned builder in Michigan that developed its own lots. He’s no stranger to the process of finding, entitling, and developing land, but it’s a part of the industry he thought he’d left behind when he started Mayberry Homes in 2002. That wasn’t the case. With lots growing more difficult to find coming out of the downturn, Schroeder soon realized that local land developers were not keeping pace with builder demand. Those developers, he says, struggled during the recession and were mainly looking to unload their standing inventory rather than develop new parcels once the market rebounded.

Read More

Previous How Will Big Builders Use $1 Billion Plus in Tax Cuts?

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Homebuilders / Land Developers

The New Home Company Named Fastest Growing Public Company in Orange County

The New Home Company has been named the Fastest Growing Public Company in Orange County on a list published by the Orange County Business Journal.

Homebuilders / Land Developers

Hombuilder IPO Window Closed for Now

After eight homebuilder IPOs in 2013 and the beginning of 2014, there seems to be no appetite for new stock issuances as a result of a generally slow 2014 in

Homebuilders / Land Developers

Toll Beats on Profits, Misses on Revenues

Toll reported Q2 2015 earnings of $67.9M, or 37 per cents per share, beating analyst estimates of 35 cents per share. Revenues came in lower than expected at $852.6M versus