even suburban submarkets are red hot right now in miami like leisure city, homestead, florida city you can still get infill lots one of the last few places in miami dade county right now. rezoning and variances you can do even better. if you are limited on capital ground up construction and land might be something to consider in miami in these submarkets.

Our next gathering is at 9AM next Wednesday, 7/24, at The Rhu (upstairs), and this time is focused on new construction.

The strip includes a super Walmart, In-N-Out, Starbucks, and others: https://www.cerescourier.com/news/local/ceres-gateway-centers-biggest-project-a-hotel-under-construction/Merced is bigger though, with the high speed rail projected to have a stop there.

If a client does ask me while present at an inspection however, I would give him a verbal ballpark because I listen to construction podcasts and can point them to where that guess comes from.

We are real-estate investors from CA & trying to pick an OOS market with Tulsa (stable economy and future outlook, modest appreciation & reasonable cash-flow).We heard from family/friends about new construction duplexes around the Tulsa metro targeting investors. 

With that in mind, would you target a new construction spec built home over a more expensive resale?

Happy to answer questions if you have any and connect with anyone that's building new construction MFH.

Your lot has to be paid off so that the Developer can get a construction loan which usually has to be in lien position one.

New construction loan advice would be great also.

DR Horton added 700 houses this year and they are the newest to the market. new construction is on fire.