https://eyeonhousing.org/2023/09/lot-values-trail-behind-inflation/ National Association of Home Builders Discusses Economics and Housing Policy Tue, 31 Oct 2023 17:48:27 +0000 hourly 1 https://eyeonhousing.org/2023/09/lot-values-trail-behind-inflation/#comment-2215430 Tue, 31 Oct 2023 17:48:27 +0000 https://eyeonhousing.org/?p=33984#comment-2215430 Stagnant lot values could deter potential investors and developers, affecting the demand for construction loans. With the cost of land not keeping pace with inflation, lenders might approach construction loans cautiously, impacting the availability and terms of financing for new construction projects.

]]> https://eyeonhousing.org/2023/09/lot-values-trail-behind-inflation/#comment-2205363 Fri, 20 Oct 2023 11:48:32 +0000 https://eyeonhousing.org/?p=33984#comment-2205363 We are seeing increase in lot costs in west Michigan that are far out pacing inflation. Our cost increases are due to local government restrictions and resistance from current residents for further development and it is creating a shortage of lots in desirable areas.

]]> https://eyeonhousing.org/2023/09/lot-values-trail-behind-inflation/#comment-2189106 Wed, 27 Sep 2023 13:19:47 +0000 https://eyeonhousing.org/?p=33984#comment-2189106 Excellent post.

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