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Housing Market

California Home Sales Down 7% in December

Despite strong headwinds of tight housing supplies and an affordability squeeze throughout much of 2016, California’s housing market ended the year on a positive note, posting a moderate sales pace

Land/Projects

The New Home Company Announces Amethyst, First-of-its-Kind Residences in Irvine’s Great Park Neighborhoods

The New Home Company today announced the opening of Amethyst, a first-of-its-kind enclave of 54 paired homes at Parasol Park, the newest community in Irvine’s Great Park Neighborhoods. A public

People

Brandywine Homes Hires Two Vice Presidents for Development

Brandywine Homes, a pioneer of infill development in Southern California, announced today it has hired two industry veterans to serve as vice presidents of development. Brian M. Geis, former senior

Land/Projects

RC Hobbs Gets Financing for 33-Home Community

Landmark Capital Advisors, a real estate capital advisory firm specializing in structured finance and private equity, announced a successful $9 million AD&C loan and JV Equity transaction in Rialto, CA.

Housing Market

This Forecast isn’t Pretty for Southern California Home Prices

While many housing forecasts call for moderate price gains in 2017, an outlook from Clear Capital may be one of the most circumspect on the prospects for Southern California real

Land/Projects

City of Industry Offers $100 million for Tres Hermanos Ranch

The City of Industry plans to offer $100 million for 2,500 acres of rolling hills and sprawling pastures between Diamond Bar and Chino Hills, with officials saying they want to

Land/Projects

San Juan Capistrano’s Oaks Farms Honored as Nation’s Best New Community

The Oaks Farms in San Juan Capistrano, Calif. was honored this week at the International Builder’s Show as the nation’s Community of the Year. The National Association of Home Builders’

Housing Market

Net Outward Migration from Los Angeles County to Orange County

In the last blog on recent trends in homebuyer mobility we found that high housing prices in two Northern California counties (San Francisco and Alameda) had been a principal cause

Homebuilders / Land Developers

Trump Stirs Homebuilders’ Dreams of Cutting Environment Red Tape

As Don Huffines sees it, Donald Trump’s election instantly made his Dallas-area pastureland much more valuable. That’s because the residential developer expects the president-elect to follow through on a pledge

Housing Market

Home Ownership Wanes in California

Our state’s housing crisis increases homelessness, costs people jobs and lengthens commutes, all serious problems. On the most basic level, though, what the shortage of affordable housing does is deny