{"id":9949,"date":"2016-08-02T12:00:08","date_gmt":"2016-08-02T12:00:08","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=9949"},"modified":"2016-08-02T12:00:17","modified_gmt":"2016-08-02T12:00:17","slug":"buyers-want-land","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-want-land\/","title":{"rendered":"Buyers Want More Land"},"content":{"rendered":"

Buyers Want More Land<\/h2>\n
\"Buyers<\/a>

Buyers Want More Land<\/p><\/div>\n

A high demand for land is driving up prices in the luxury market. Median list prices for prime lots in the nation\u2019s top luxury markets climbed 8.7 percent in the first half of the year compared to a year ago, realtor.com\u00ae\u2019s data shows.<\/p>\n

The South saw the highest increases compared to any other region. The median list price in the South rose 13.33 percent in the past year.<\/p>\n

Robert Dietz, chief economist of the National Association of Home Builders, told The Wall Street Journal that the housing crisis in 2007 is what contributed to most of the current shortage. Builders couldn\u2019t get funding from banks at the time and that stopped or slowed the pace of developing land for future construction, Dietz says.<\/p>\n

The data shows that the median list price for a lot in a high-end neighborhood is $635,000 nationwide. The largest increases in median land prices in luxury markets has occurred in Beverly Hills, Calif.; Southampton, N.Y.; Chicago, and downtown neighborhoods in Miami.<\/p>\n

Source: \u201cLand Scarce for Luxury Homes,\u201d The Wall Street Journal (July 27, 2016)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers Want More Land A high demand for land is driving up prices in the luxury market. Median list prices for prime lots in the nation\u2019s top luxury markets climbed 8.7 percent in the first half of the year compared to a year ago, realtor.com\u00ae\u2019s data shows. The South saw the highest increases compared to … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-9949","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nBuyers Want More Land - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-want-land\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-want-land\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-want-land\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Buyers Want More Land\",\"datePublished\":\"2016-08-02T12:00:08+00:00\",\"dateModified\":\"2016-08-02T12:00:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-want-land\\\/\"},\"wordCount\":196,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-want-land\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2016\\\/08\\\/1-FLLT-P63-1-18_0078-1400x526-300x113.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-want-land\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-want-land\\\/\",\"name\":\"Buyers Want More Land - 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