03 | 28 | 2014
After the real estate crash in 2007, new home construction was halted and land held by home builders and investors were either foreclosed by banks or turned back into farmland. However, with a shortage of new homes, home builders are beginning to build again. Much of the formerly distressed land has been bought at low prices by private equity and real estate opportunity funds. After attaining the lots, they are now selling the land and partnering with or financing builders.