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Rainmaker
5,191,633
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Downtown Chicago has over 40 major developements under way and that does not count lo-rise and mid-rise construction in many other parts of the city. There has even been some movement to deconvert some condominium buildings and rent them as apartments. Time will tell.

Jun 09, 2016 07:43 AM
Rainmaker
5,096,266
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Charlotte is a major growth region so we've always had a lot of new construction--mostly single family homes and rental units. We are not a huge condo market.

Jun 09, 2016 08:40 PM
Rainmaker
2,443,200
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

No, our builders can't build fast enough. We need more local builders.

Jun 09, 2016 12:17 PM
Ambassador
2,679,199
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Way too much.

Jun 09, 2016 08:40 AM
Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Inna,

No growth area...one development is still waiting 15 years now.  A

Jun 09, 2016 07:26 AM
Rainmaker
1,237,395
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe



Da! Ty prav!

Da, Dy prav

My old office has over 1,000+ high rises under construction..... The SFH on 2500 sf lot (2000sf gla) is 1.05M 3 story..... Crazy price...Not sure if rest are apts or crap....

Jun 09, 2016 07:19 AM
Rainer
66,409
Kartik Subramaniam
Adhi Schools, LLC - Rancho Cucamonga, CA
Market Analysis--Educational Content, Adhi Schools

California couldn't build too much housing if it tried right now. CAR, LAO, etc. all seem to agree that we're falling potentially 100k new units short a year here!

Jun 09, 2016 07:10 AM
Rainmaker
7,789,084
Roy Kelley
Retired - Gaithersburg, MD

There are many major developments in our market.

Jun 09, 2016 09:03 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Not that I have seen it in our area Inna Ivchenko 

Jun 09, 2016 04:58 PM
Rainmaker
1,088,237
Diana Zaccaro Broker Associate
Tropical Beachside - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

My area is pretty well built out already but we do see an occasional new condo here on the beach. No new rental units are being built that I know of but we could use a couple.

 

Jun 09, 2016 03:35 PM
Rainer
321,564
Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

We have lots of construction going on & more planned.  Single family housing and homes on land in small subdivisions.  

Jun 09, 2016 01:38 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I am concerned with the over-building of apartments as the vacancy now is under 90% and hundred more usnits are underway.

Jun 09, 2016 01:12 PM
Rainmaker
2,350,685
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

more rentals than condos

Jun 09, 2016 12:56 PM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

In some areas yes

Jun 09, 2016 12:52 PM
Rainmaker
2,775,621
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

No over but in demand

Jun 09, 2016 11:55 AM
Ambassador
5,032,806
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Carlsbad has been pretty good about controlling the development, and preserving open space. Most of the residential building is single family detached homes. There are 2 developments with around 600 homes, and several more planned and in the approval process

The downtown San Diego area is going through another building boom! And there is plenty of demand right now

Jun 09, 2016 11:37 AM
Rainmaker
4,974,110
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Yes!!!!!!

Jun 09, 2016 09:48 AM
Rainmaker
4,135,071
John Pusa
Glendale, CA

Inna Ivchenko yes, there are several new developments in my area in the last several years.

Jun 09, 2016 09:33 AM
Rainmaker
1,683,762
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We don't have ny overdevelopment in our area..

Jun 09, 2016 09:11 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

The people whom have no money invested will definitely say yes.

I would say it is a mix of both and in some areas way too many rentals.

Jun 09, 2016 08:40 AM
Rainmaker
138,826
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

Lake Forest growth rate was the 3rd highest in the state this past year with Irvine, right up there.  It is a catch 22 in Socal.  Population growth shows we are short on housing... 

Jun 09, 2016 07:12 AM
Rainmaker
2,373,306
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

YES Inna Ivchenko due to the oil boom which has now gone to a temporary bust. Oil prices are on the rise and things are looking good but they really over built here especially apartments and motels.

Jun 09, 2016 07:01 AM
Rainmaker
1,619,091
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Los Angeles hood is changing, here is my blog post with some interesting numbers: http://actvra.in/4SlL

My investors are looking for apartment and office buildings. Please let me know if you  have something for us! 

Jun 10, 2016 11:14 AM
Rainmaker
1,498,288
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'd say so.  From Thousand Oaks to Calabasas new projects are being green lighted without any concern for the surrounding home values, traffic issues, etc.  Mostly apartment complexes because someone thinks there needs to be "affordable housing" in a ritzy area with a median sales price of over $1m.

 

Overdevelopment and political idiocy running rampant!  Wouldn't surprise me if other stuff was running rampant too!

Jun 10, 2016 08:03 AM
Rainmaker
1,722,726
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

No, only in Callabassas!

Jun 10, 2016 05:08 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

No, and hopefully it never will.

Jun 10, 2016 04:36 AM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

there's not much left for parcels to develop.....when I was active, I had most of the subdivisions in the 1990's.... that was OVERKILL.... 

Jun 10, 2016 04:05 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Jun 10, 2016 12:46 AM
Rainer
69,794
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

Big apartment complexes are going up like crazy all over.  I've talked to several millenials about real estate and I think its due to the many millenials not ready or not wanting to purchase a home at this time.

Jun 10, 2016 12:24 AM
Rainmaker
4,899,771
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Builders are to slow in our area.

Jun 09, 2016 11:31 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Overdevelopment?

Too many in my place in Florida would like things to remain as they found them in 1968,  They complain of EVERYTHING and label it 'overdevelopment.

Change is taking place at a rapid pace. More housing is needed. Curmudgeons have been successful in limiting the options available to builders,  so Townhomes and condos for sale have proven to be the available option.

Jun 09, 2016 10:49 PM
Rainmaker
987,052
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

LOL - you have no idea in some areas!

Jun 09, 2016 10:12 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

no

Jun 09, 2016 09:04 PM
Ambassador
3,160,059
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Nope, we still have lots of forest, pastures and more cows than people where I live.

Jun 09, 2016 01:56 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

No.  For a number of years, I have been told that my area has more construction cranes in use than in other major North American cities such as New York City and Miami.

Jun 09, 2016 01:50 PM
Ambassador
6,353,927
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

No it is about at pace with the demand, currently it is mostly single family homes, a few years ago we saw a surge in apmt bldgs.

Jun 09, 2016 08:07 AM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

No. That's a primary reason I chose to live on the north sore of Kauai. This is one of the few areas on any of the islands that stopped almost all expansion decades ago.

Jun 10, 2016 06:14 PM
Rainmaker
897,928
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Miami is insane with condo construction.

Jun 10, 2016 12:37 PM