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Shortages of Buildable Lots (Land) Back in the Headlines

Land is a limited and scarce commodity in the US. As quoted in a recent Builder Magazine article:

  • “Data from Zonda suggests that lot supply tightened in the first quarter of 2024 and the overall market remains significantly undersupplied, as it has been since 2017. Lot supply tightened in 19 of the 30 major metros analyzed by Zonda in its recently released New Home Lot Supply Index (LSI).”
  • “As a result of tight lot supply, lot availability ranked as the second biggest concern for home builders entering 2024, according to survey data from the NAHB.”

Residential land development is a complicated slice of overall housing pie that requires expertise, patience, and trusted relationships. More and more national builders and large land developers are forming strategic alliances or partnership with outside capital groups like CCM.

40+ years of combined JV land experience along with decades establishing a national network of top operating partners allow CCM to source off-market land opportunities, delivering lots to an undersupplied market while providing fund investors attractive returns.

Photo: Discover The Reserve at Bells Ferry

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