Market Analysis
The most critical objective to penetrate our extensive target market is to determine the common characteristics of potential customers demographically. After the identification process, United States Development Corporation (USDC) keeps a database of individuals or groups essential to future success. The database information enables us to develop and refine effective marketing and advertising strategies.
The mission is to identify, contact, and attract as many potential customers as possible as the revenues grow as those who acquire the greatest potential requirement for the company's offerings are identified and targeted effectively.
Potential customers always need good to excellent value for their investment (quality compared to price). Extraordinary customer service from our friendly, courteous, honest, and knowledgeable referrals are a huge part of our business.
The vast target market of potential customers for United States Development Corporation, includes real estate sellers (distressed or motivated homeowners, bank foreclosures, tax liens, others) and buyers (rehab property investors, landlords, and retail customers). The primary market areas are Washington DC, the City of Fairfax, Virginia, and Baltimore, Maryland. Sellers include distressed or motivated homeowners, financial institutions, government taxation departments, and other investors.
The affordability of purchasing a home with the value declined
USDC will benefit local communities by purchasing distressed homes for equal to or less than 70% of the after-repair value (ARV) minus estimated repair costs. By depositing earnest money to secure the properties, the company positions itself as the ‘Principal Buyer’ and then the company will wholesale the properties to other rehab investors that instantly creates the opportunity to improve the overall value of the surrounding homes while generating a commission for the sale of the property.
Although the company’s core focus is the wholesale business, USDC will also purchase rehabilitation properties when it finds lucrative correspondences that are good candidates for rehabilitation, repurchase, remodel, and resale.
The Industry
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Over the last few years, the U.S. Housing Market has been doing astoundingly well. Data and scorecards published by various housing departments and independent organizations demonstrate progress in two main areas: increasing new construction homes and escalating home values. Despite a flagging economy and growing unemployment, real estate remains to serve as a stable investment. USDC believes that the ongoing government economic stimulus packages coupled with low-interest rates and an economic recovery aided by increased vaccinations bode well for future industry growth for the real estate development market.
Vision
United States Development Corporation aims to revolutionize the real estate industry by operating our business with the highest integrity and professionalism. Delivering seamless and time-tested development solutions for real-estate clients is the core construct of our business.
Our relentless endeavor offers value to distressed, burdensome, and problematic houses while improving neighborhoods, building a home for people to find comfort, value, and pride
The inventory of homes on the market declined for both new and existing homes
The new homes listed inventory for sale at the end of the third quarter was 278,000 units (S.A.), a decrease of 7 percent from the previous quarter and 13 percent of the year earlier. The supply of new homes on the market would support 3.3 months of sales at the current sales pace – the lowest on record since first calculated in 1963 – and was down from 4.3 months the previous quarter and 5.3 months the last year.
The existing homes listed inventory for sale at 1.46 million units were down 5 percent from the second quarter and 20 percent over the four quarters. That inventory represents a 2.7-month supply of homes for sale – a record low – and is down from 3.9 months at the end of the previous quarter and 4.0 months-one a year ago. The long-term average for months’ supply of homes on the market is about 6.0 months. A rise in inventories would improve home sales due to the low ratio of stocks to sales indicates that they would be purchased for sale, resulting in a more substantial housing market recovery.
One factor contributing to low inventories is that homeowners are staying in their homes longer. According to the NAR 2020 Profile of Home Buyers and Sellers report, the national median number of years a homeowner owned their home before selling remained at a high of 10 years in 2020, the same as it has been since 2016. Historically, the NAR survey has found that homeowners typically stayed in their homes for six to seven years.
Products and Top-Notch Services
The company’s plan as a business is to get the top of the line products and services within the design of the home. We work with experienced structural engineers, architect designers and contractors to make sure the quality of the home is never compromised. The aim is to work one on one, directly with the clients to ensure we are following their needs and recommendations.
The company’s motivation is to get ideal outcomes for speculation properties. We will attempt to keep up properties in the most ideal condition, with the most noteworthy products and quality services while never dismissing the buyer’s very own venture goals.
