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

Building Industry Converges in Vegas

As the International Builders’ Show gets going in Vegas this week, the sentiment seems to be one of cautious optimism. Coming off of a sluggish 2014, loosening mortgage standards for

Homebuilders / Land Developers

TRI Pointe Lowers 2015 Guidance

TRI Pointe Homes released mixed 4Q 2014 earnings on Monday. The company reported earnings of 28 cents per share, which was 2 cents higher than analyst expectations. However, the $635M

Homebuilders / Land Developers

The New Home Company Profile

Orange County-based builder, The New Home Company, is profiled in this article in the Los Angeles Times. The company, founded by industry veterans Larry Webb, Wayne Stelmar, Tom Redwitz and