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Q1 2023 – Land market update

Q1 Update: Housebuilders and Landowners Eagerly Embrace the Housing Market

Introduction:

As we move into the second quarter of 2023, it’s time to reflect on the first quarter and the significant developments that have taken place in the housing market. The beginning of the year saw many housebuilders and landowners waiting with bated breath to get a sense of the market’s direction. However, within just six weeks, it became evident that developers, who had been holding back due to Trussomics, were now keen to acquire development sites, with a particular interest in consented sites.

Active SME and Regional Housebuilders:

The first quarter of 2023 witnessed a remarkable surge in activity from Small and Medium-sized Enterprises (SME) and regional housebuilders. They have shown immense enthusiasm in acquisition mode, seizing opportunities to secure land for development as the market started to show signs of strength, this has been aided by the considerable amount of development funding which is accessible.

This increase in activity is excellent news for the industry, as SME and regional housebuilders play a vital role in providing a diverse range of housing options for buyers. With their increased presence in the market, they contribute to a more competitive landscape, which ultimately benefits homebuyers and the overall health of the housing market.

A Call to Action for Landowners:

The demand for land is high, and this is the perfect opportunity for landowners to capitalize on the current market dynamics. If you are a landowner considering selling your property or looking for development opportunities, now is the ideal time to act.

At Thomas Mae Land, our team of experienced professionals is here to help you navigate the complex world of land acquisition and development. We understand the importance of providing a confidential and thorough appraisal of your land, ensuring that you have all the necessary information to make informed decisions.

Don’t miss out on the chance to take advantage of the thriving housing market. Our team is ready and eager to assist you in making the most of this exceptional opportunity. To begin the process, contact us today for a confidential appraisal. Let Thomas Mae Land be your partner in unlocking the full potential of your property.

Conclusion:

The first quarter of 2023 has proven to be a dynamic period for the housing market, with developers, SME and regional housebuilders actively seeking to acquire land for development. This trend shows no signs of slowing down, and landowners should seize the opportunity to benefit from the strong demand. Reach out to the Thomas Mae Land team for a confidential appraisal, and take the first step towards maximizing the value of your land.

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Author: Ian Stratford

With extensive experience, Ian deals with all aspects of land and development opportunities working closely with a diverse range of landowners and housebuilders to ensure that their goals and aims are achieved and our very best in service delivery standards are met.

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