National Housing Market Outlook

Public Builders Scooping up Finished Lots

Jody Kahn

Jody Kahn

August 4, 2011
Public builders are dominating finished lot purchases, which is increasing their market share in major metropolitan areas. Although demand for lots and land cooled slightly in the 2nd quarter, our survey of the top land brokers in large metropolitan areas around the country tell us the public builders continued to buy finished lots at a much faster pace than the private builders.
Land prices didn’t change much in the 2nd quarter, with slightly rising prices in Texas being the notable exception.
Finished lots in good locations are becoming a rare commodity, primarily because consumers have demonstrated they are less willing to commute than they were several years ago. Because of this, we are expecting land development in good locations to increase later this year, especially now that conservative bank financing has returned.

There are many ways to implement a successful land strategy, depending on your market, your access to capital, and your expertise. If you are an experienced land expert with access to capital, contact us if you would like to discuss strategic options.

Building Market Intelligence™

Every week, we deliver analysis to over 40,000 subscribers with our Building Market Intelligence™ newsletter. Subscribe to our weekly BMI newsletters to stay current on pressing topics in the housing industry.

About The Author

Jody Kahn
Jody Kahn
Senior Vice President of Research Surveys
Jody delivers timely and accurate insights on housing market trends at the metro, regional, and national levels. She combines statistics and commentary from JBREC’s independent surveys with data trends, forecasts, proprietary indices, feedback from consultants, and decades of housing experience to give clients insights that support business decisions.

Contact Us

If you have any questions about our services or if you would like to speak to one of our experts about we can help your business, please contact Client Relations at

Products and Services Mentioned

green check icon

Research Membership

Our research services enable our clients to gauge housing market conditions and better align their business and strategic investments in the housing industry. We provide a thoughtful and unique holistic approach of both quantitative and qualitative analysis to help clients make informed housing investment decisions.
green check icon

Real Estate Consulting

Our experienced team of consultants helps clients make sound housing investment decisions. We thrive on their success and work with many clients over multiple years and numerous projects.
green check icon

New Home Trends Institute

The New Home Trends Institute pairs design inspiration with exclusive insights into the “why” behind consumers’ housing choices. Gain exclusive insight into housing preferences and pain points through our monthly survey insights reports, webinars, and proprietary surveys of builders, architects, designers, and other industry professionals.

Latest Insights

NHTI Industry Pulse: $40K for a Gym Membership?
Dear Consultant: Can people still afford homes with high rates and increased inflation, or are they more likely to rent? 
Hillwood Communities and the Art and Science of Placemaking