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Market Conditions
We use current market conditions to find investments with the greatest growth opportunity.
Whether at the peak of a market boom or in a down cycle, Miller and Zimmerly works to always stay one step ahead of the real estate market, as our story demonstrates.
To read about the latest market news, visit our Press Room.
In a Down Market
While it's true a housing slump can cause havoc on the economy, a down market yields greater investment potential for Miller & Zimmerly. Here's why:
- Prices are lower from excessive market inventory, increasing our ability to find and purchase real estate below the market value of comparable property.
- The market is full of overleveraged home builders, developers, creditors, and lenders who are willing to rid themselves of inventory below their invested cost.
- The nature of bank loans versus opportunistic investments–we do not deal with bank loans and therefore have more flexibility in the current market. Our investments are long-term holdings and are more able to withstand a downturn.
- Despite the down market, the costs of tangible materials are increasing. By purchasing improved land, we can hedge against inflation when the investment is sold.
In a Market Boom
A housing boom can also yield fantastic opportunities for Miller & Zimmerly. By focusing on where the next emerging market will be located, we can:
- Purchase land in select markets, leveraging the upside of a potential real estate bubble. When inflated markets decline, other markets can inflate and provide favorable conditions for strategic, opportunistic land investment.
- Unearth areas ripe for growth before the competition discovers them.
- Leverage the high demand for property to make quicker turnover rates on our properties.
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