Subdivision

Many Real Estate Brokers from other States and Towns ask my how real estate is going here and they note how many subdivisions "we have on the books".

Folks, there are too many small parcels going in here. Yes it opens it up for many second homes, but with no real jobs here, how can we keep subdividing and thinking that the lots will all sell? It is the basic economics of Supply and Demand. If there are hundreds of 2 and 5 acres parcels available than the price goes down.

People think that if they chop up the family ranch than they will make more money. It's simply not true. There is MUCH more demand for larger acres and a much higher profit margin. Roads and Subdivision cost a lot of money. And a Ranch is MORE valuable Whole - Believe Me, it's TRUE.