Sales are HOT HOT HOT just like the temperature

We are thrilled to share the fantastic news that we have successfully put four houses under contract, with three of them set to settle within the next 30 days. This incredible surge in activity can be attributed to the strategic incentives we implemented last month. While our recent sales prices may not have delivered the margins we initially anticipated, they represent a positive indicator that the market is on the upswing. Most importantly, this wave of transactions allows us to reallocate investor funds towards new and lucrative projects. The success we've seen in recent weeks is a promising sign that our market is gaining momentum, and it positions us to capitalize on emerging opportunities.

Some fantastic news was released by the Philadelphia Business Journal that underscores the strength and potential of our market. According to a recent article, Margate has been ranked as the No. 16 hottest market in the country. This accolade is accompanied by an impressive 80% increase in home values over the past five years.

We encourage all our investors to read the attached article for a detailed insight into Margate's meteoric rise and the factors driving this remarkable trend. This news not only reaffirms our confidence in the market but also strengthens our resolve to pursue new and lucrative projects.

As we ride out the wave of the stagnant market, we are now excited to see the emerging market on the horizon. Your unwavering support has been instrumental in helping us navigate these challenging times. Together, we look forward to embracing the opportunities that lie ahead and achieving new heights of success.

Thank you for your continued trust and partnership.

Vincent Viney, President and Founder