Challenges, Wins, and the Road Ahead for Land Developers with Charles Covey
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Episode Overview
As we wrap up 2024 and head into the new year, Ryan and Charles Covey join for a reflective and forward-looking episode of The Land Development Podcast. This special New Year’s Eve edition takes a break from regular industry news to dive into the major themes that shaped land development over the past year and explore what lies ahead in 2025.
Ryan and Charles discuss the impact of fluctuating interest rates, inflation, and economic uncertainty, as well as the optimism that has grown in recent months as projects gain traction and funding becomes more accessible. They share personal experiences of how their businesses navigated the challenging landscape of 2024, from creative land acquisition strategies to the evolving role of technology and AI in real estate.
A recurring theme throughout the year was the burden of red tape and regulation, which developers consistently flagged as a significant barrier. As Ryan notes, reducing these obstacles will be a key focus for 2025, with states like Texas and Florida already making moves toward deregulation. Charles adds insights on how the market is shifting, predicting growth in BTR (Build to Rent) and single-family development, while acknowledging the ongoing challenges in multifamily housing.
This episode also touches on personal milestones and reflections, making it not only an industry-focused discussion but also a look at the year from a more personal perspective. As we gear up for 2025, the conversation leaves listeners with insights, optimism, and practical takeaways for tackling the opportunities ahead in land development.