Land Acquisition Trends
Higher interest rates have led to a significant slowdown in land acquisitions, with many builders extending escrows or walking away from deals. Despite this, there's a growing recognition among local teams that land is in short supply, prompting a potential shift back to buying. While builders are seeking price reductions, land sellers remain firm, anticipating a resurgence in demand as the market stabilizes.In this clip
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Odd Lots
How Empty Land in the Arizona Desert Gets Turned Into Homes
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