All Forum Posts by: Devin James

 I wonder Trumps thoughts on the affect of Tariffs and the cost of materials. With him being a Real Estate guy, I cant see him doing something that would put a huge blow to the industry.

Maybe the majority of our building materials is produced domestically?

This chart illustrates the significant shift in housing supply over the past two decades.

The recent undersupply has created serious affordability challenges.

This data confirms what many of us already feel in the market: we need more housing.

What design trends are you loving right now in housing?

I am a big fan of the Herringbone backsplash - looks super cool.

It now comes standard in our homes.

I appreciate the insight! Unfortunate, but good to hear we're not the only ones going through it.

We get traffic studies done to confirm that the roads can handle the potential traffic. The city also confirms if the utilities have capacity which they do.

Its a simple case of NIMBYs having a huge voice in this jurisdiction.

No, they cant force us, but they do give a "recommendation" to the City commission whether to approve or disapprove our project. 

Nothing is being added in its place, they just want "less units" which provides more open space.

In one of our development projects, the City staff asked us to remove 40 units from our concept plan.

This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.

Our original concept already proposed fewer units than the current zoning would have allowed.

Here’s what erasing 40 units means:
- 40 fewer homes for buyers
- Over $1M in lost profit for our team
- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & services

We gotta get better

Everyone wants more affordable housing, but not everyone wants to do what it takes to achieve it

We also see that too, but there's also more Buyers at the smaller price points. So its a give & take game. 

We could build larger, but there will be less Buyers and the home can potentially sit for longer and holding costs get expensive.

Not saying building larger is wrong, but just giving you our reasoning for our home size.

But I do 100% agree with you. 

We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers

2021 – Added 8ft doors throughout the home

2022 – Added a new elevation with stone in the front of the home

2023 – NO carpet in the bedrooms, LVP throughout the home

2024 – Added hurricane impact windows & new color options

2025 – Adding Ceiling Fans

Gotta be open to feedback and adjust accordingly

This can be the difference of your home sitting on the market for 4 months vs 1 month

Thanks! 

The home is 4bed/3bath and 1990sqft

Finishes= quartz countertops, fully tiled showers, 8ft doors, LVP flooring throughout

Financing isn't included in Gross Margin. 

To calculate Net Profit, we need to deduct: Construction Financing, Investor Capital, Overhead, Insurance, Warranty, Etc.