Smaller tracts and thus lower total price increases your buyer pool. 

As digital records are being compiled by our government with Corelogic, Uniform Collateral Data Portal® (UCDP®) members, and others all the tract houses in America have information available.

Raising private capital without a tract record is very difficult; only unsophisticated investors would invest with you.

The City of Newport just built a new outdoor amphitheatre and spent a few million on upgrades to an outdoor shopping center, the City of Covington just purchase a tract of land on the river with plans to turn it into a multi-use outdoor space, and Amazon is building a truly massive distribution center on the airport grounds.And because of Cincinnati's proximity to Kentucky, the international airport here is actually in Northern Kentucky.

If buyer is purchasing a property in a tract with a GSE loan a waiver is not up to realtor, title co or the broker/lender desk. 

The Bonita house we are acquiring is in the Bonita Highlands which is upper middle class tract housing.  

Thanks, it doesn’t help that it’s a tract home and built cheaply.

It may be the case that Californication of supply is sort of going nation wide thus why some new tracts are already bought up?

.- No new land to build tract homes (other than the Small Lot Ordinance homes but those are more like detached townhouses).- Labor and materials are so high that you can only build in the luxury market, making affordable housing mathematically impossible.With that said, we are seeing some cracks in the market:- Buyer fatigue is real.- Some buyers are pushing back.  

The shape of the tract sometimes can hinder how many homes you can develop when you include a street layout.