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 ...
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