Urban vs. Suburban: Where Is Florida’s 2025 Residential Growth Headed?
The pros and cons of urban vs. suburban residential living have been among the most widely debated topics in the real estate industry for decades. While the decision ultimately comes down to a buyer’s preferences, lifestyle, and financial situation, market dynamics can play a role too. Understanding the benefits of both city and neighborhood living can help homebuyers […]
Behind Florida’s Growth: Builder-Developer Partnerships
Thanks to its significant annual population growth and perfect climate, new home construction in Florida continues to push inventory levels up, with listings reaching 5.9 million in 2024. As the nation’s top homebuilders continue to invest in the Sunshine State, headwinds such as higher costs and a lack of developed land have required firms to come up […]
Spring 2025 Residential Housing Market News
The US residential housing market has been frozen for the last couple of years as a variety of competing forces have resulted in limited transaction activity. For much of the country, the story has been the same: sky-high home prices, low demand, and limited inventory. As these trends continue into 2025, many are wondering if […]
Does Experience Matter? 3 Reasons Why Top Homebuilders Work with Jobalia Development Group
Large-scale residential development involves so many moving pieces. Perfecting efficiency across every stage of the new construction assembly line is key to scaling residential development and keeping up with demand in hot real estate markets like Central Florida. Jobalia Development Group (JDG) has carved out an important niche. With decades of industry experience, JDG supplies the nation’s largest homebuilders […]
New Home Construction Across The Sunbelt Is Helping Inventory Recover Across Many Top Markets
After nearly four consecutive years of inventory challenges created by the pandemic housing boom and high interest rates, the housing market is finally showing signs of recovery. As of this past October, over 25% of the nation’s top markets had more inventory than before the pandemic, compared to just 8% last year. To put things into […]
Jobalia Development Group Is Streamlining Residential Construction For Florida Homebuilders
Residential construction isn’t a business you can take lightly, and it’s not always obvious to outsiders how much work goes into building new neighborhoods and communities. Jobalia Development Group has earned a strong reputation for supporting the nation’s largest homebuilders with some of the most challenging components of residential development. Over the last several decades, the […]
Builder-Developer Partnerships Are Transforming Florida’s Housing Market
Limited land supply is becoming a major pain point for home builders, as market competition continues to drive prices up in 2024. With lot availability challenges showing no signs of subsiding, many firms have been looking at strategic partnerships with land and infrastructure developers to drive growth. These builder-developer relationships have become a key strategy […]
Residential Development in Florida and the Role Jobalia Development Group Plays
Through a combination of strong analytical skills and decades of construction experience, the team at Jobalia Development Group has become one the most important companies driving new home growth in Florida’s top markets, while carving out an essential niche in the residential development industry. As demand for new construction shows no signs of subsiding, especially in […]
Recent Studies Show That Residential Cost Per Square Foot Decreases With Home Size
A couple of recent industry studies prove a correlation between home size and cost per square footage as well as the importance of considering economies of scale when it comes to residential construction. A recent analysis from the National Association of Homebuilders (NAHB) suggests the cost per square foot decreases as home sizes increase — a finding that is […]
Executive Profile: Thomas Mehegan
When developing residential infrastructure at scale, there is no substitute for hands-on experience. Thomas Mehegan Sr., Jobalia’s President of Residential Development, has been developing land and underground utilities for over 50 years. The unmatched skill set and knowledge he has acquired throughout his career have helped to set himself and Jobalia Development Group apart from competition in the industry. […]