The 9' slider is where it's at in small homes. We're bringing natural light by doubling the amount of windows. It transforms the space and creates a healthier living environment without having to step into a luxury product. $300k price point in Central FL.
@NewsLambert@ResidentialClub What's going on with Homosassa Springs? We build in that metro but Citrus Co and have seen stable demand with the Suncoast pkwy extension (Tampa expanding north) and Ocala pushing west.
@jasonc_nc@mikesimonsen@NewsLambert Central Florida inventory is down nearly 20% since April 2025. Sales are still relatively low but we are chewing through a lot of excess inventory.
@LoganMohtashami This is very evident in Central Florida where inventory is already nearly 20% lower than April last year. Pending sales are marginally up as are YOY sales. Rebounding FL incoming.
@texasrunnerDFW@VladTheInflator Appears to cash purchase of a house $500k vs $500k investment in the market. Now do $500k with $100k down and invest the other $400k in the market and compare.
Now do this chart adjusted for the money supply (M2). Money supply doubled post covid, therefore asset prices also doubled. Real estate is an investable asset, not just a consumption item. If the money supply drops in half, we'll see home prices also dropping half. Inventory is already declining throughout the State of Florida. First state to soften, first state to come back.
@jonbrooks Jon, Dec home sales in Orlando MSA posted best Dec since 2022, inventory down 18% since May. Month's of supply down to 5.22 at current pace. Recovery in process here.
@KobeissiLetter At least in Central FL, similar drop in Dec from Nov last year and pending home sales up +0.6% YOY. FL lead downturn and now recovering. Huge drop in inventory -0.9% MOM as inventory top was May 2025. Now 18% fewer homes for sale than May 2025.
@Markzandi Supply has increased across the state of FL promoting an easing of home prices over the last 24 months, with some areas seeing oversupply. In your view what do you see as the best lever to make housing more affordable?
NOTE: This wouldn't have been possible without my remarkable sales team, subs, and admin staff, who have relentlessly worked around the clock in alignment with my vision for elevating the quality of entry level homes in the marketplace. 🙏
1/2
I just completed my 401st new construction home since 2020.
Total for 2025 = 74 of which 69 sold/closed and 5 homes available for sale. Last year101 completed but I paused on starts for ~90 days this year with the excess inventory in the market.
2/2
There are now a solid 6 mo of inventory declines in my submarkets here in Central Florida / Ocala MSA. While inventory is still much higher than 24 mo ago, there are clear signs of a tightening supply now 4-5 mo vs. 7 mo earlier this year.
Directionally we are going the right way for mortgage rates. The pump is priming for a more robust home sales start to the new year here in Central FL.
We're placing a big focus on views and connecting with nature in the sub $350k price point. In this example, one lot back ups to Florida state owned forestry land (thus using the wildlife fence in the rear section)
and in the other we are under construction on a 1450 SF home with views of the 18th green on a golf course.