Residential Real Estate Developers in the United States

A longtime resident of Sharon, Massachusetts, Michael Intoccia is an independent real estate developer who has maintained a successful career in the industry for nearly four decades. As a real estate developer, Michael Intoccia has led the development of the Cape Club of Sharon and the Cape Club of Falmouth, among other real estate development projects.

Residential real estate developers are a relevant category of professionals in the United States real estate industry. These professionals work particularly in the property development sector of the industry, and their roles include developing and selling real estate assets.

Residential real estate developers often research and purchase lands for development, work with builders to erect residential structures on the acquired properties, and strategize the best way and time to sell the properties to clients. Many residential real estate developers in the United States have educational backgrounds in construction management, accounting, finance, engineering, and other fields that are relevant to the real estate industry. Many states also mandate real estate licenses for developers.

In 2021, there were roughly 54,981 residential property developers in the United States. The residential real estate development market for the year is estimated at $149.2 billion.