Dec 9, 2012
Sooner or later, new construction needs to happen, at least in
residential. Between immigration and new births, population
keeps growing in many areas.
But when the economy is soft, building a big tract of new homes can be risky business. And in some of the most popular areas, there are no big tracts of land to develop even if it made financial sense.
Besides, how can a little guy compete with the big guys? You can't. At least not head to head.
BUT, a nimble, boutique developer actually has a huge competitive edge by focusing on in-fill projects that fit well into a particular market and demographic.
To learn more about how a small developer can make big money in a down market, host Robert Helms visits with Washington DC based boutique developer, Beth Clifford.
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