Joe's Blog

Tip-Off to a Next Housing Crisis: STL Market & Developed Lot Inventories

We have just released the  MarketGraphics® New Homes Research Update for March 2013. Presentation dates and webinar schedules will be announced soon. 

Could an improving housing market be the newest indicator for our next crisis? Check out the recently released MarketGraphics research, and you decide.

Following is a map (click here for PDF) that summarizes critically important audit data. The chart shows the numerical change in developed lots inventories over the past 12 months. Simply put, we are counting a decrease in inventories with minimal planning and platting to add more home sites. 

Please make sure to attend our presentations and webinars. We'll provide you more details about increasing home sales and decreasing lot inventories setting up our next housing crisis in the St. Louis market.