Velocity of Money

[Devin James]

Week of 7/28 - 8/3:

Accomplishments:
- We got two of our new construction homes under contract.
- We closed on two of our new construction homes in Palm Bay.

Lessons:
- Velocity of money is important. The quicker we can build and sell a home, the quicker we can put that capital back to work.

[Caleb Brown]

Nice job! How is the new build market doing in your area?

[Devin James]

Quote from @Caleb Brown:

Nice job! How is the new build market doing in your area?

 Thanks @Caleb Brown

Its going well! 

Im in Central FL so we still see pretty strong demand. The key for us was hitting the right pricing for our homes. We were slightly over priced in the beginning of the year. Once we adjusted pricing, activity picked up significantly.