Developers, owners and lenders who found themselves stuck holding land when the development spigot shut off are beginning to see a welcome return of buyers. “Without a doubt, there are more land sales occurring in almost every single market in the nation as we are coming out of the recession,” says Davis Adams, a managing director at HFF in Houston. During the worst of the recession in 2009 and the first half of 2010, there were virtually no land sales trading at all ...
NREIonline.com Freemium Content
"Land Market Gains Traction" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.