The tight housing market in Sheridan seems to be an anomaly relative to the national market. Our strong economy has put a lot pressure on the housing market in terms of demand and local builders seem focused on supplying that need, but at a pace that's painfully slow.
I really believe that more attention should be focused on the rental market and building for the those who need short-term housing or perhaps those who aren't ready to buy. I've spoken to a number of young professionals who have jobs waiting for them in Sheridan but can't get out of their current home due to drops in local housing markets or perhaps they just want to test the waters here before they make a firm commitment to stay.
I would encourage builders and developers alike to look at the Sheridan market for opportunities in the transitional living market. We're a community on the verge of exciting growth and now's the time to get in.
I have several sites that would work well for multi-family development. If you're interested let me know and I'll get you the information.