About Those Interest Rates
April 20, 2023
With rising interest rates and challenges in securing new properties for development, many are wondering—what will the next few years look like for those interested in developing properties?
After more than 25 years in the land development space, I’ve seen my fair share of industry shifts, trends, and even dips. Now, working closely with landholders who are eager to develop, I see one thing to be true:
** Now may not be the best time to buy —but it IS the ideal time to add value to lands you already own.
So many Canadians are sitting on huge tracts of land. Holdovers purchased by past generations, with no real plan or vision for future development.
They know in their heart of hearts that they could leverage this property...