Amid Home Supply Woes, Some Looking into Real Estate Development

The shortage of housing inventory for sale is persuading some agents and brokers to get into real estate development. Diversifying business streams amid a period of record-low inventory has encouraged some real estate pros to "create their own inventory" by scaling up on land development. Their advice to others includes building a network of contractors, architects and land surveyors, finding a good mentor, researching opportunities, and finding investors. Read more about this trend.