Posts From Steve Devorak
Home Prices Hit Peak Levels In Majority of Metro Areas, Fourth Quarter Data Show
By Troy McMullen The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three
Luxury Homes at Toll Brothers’ Porter Ranch Eclipse $2 Million
Press Release – For the first time in Porter Ranch’s history, new home sales are topping the $2 million mark. Toll Brothers, America’s luxury home builder®, says the closing price
Anaheim Warehouse Targeted for Residential Redevelopment
Irvine, CA-based Shopoff Realty Investments, in partnership with funds managed by Argosy Real Estate Partners, acquired a 20.5-acre property in Anaheim, CA through a sale-leaseback transaction. The new owner plans
KB Home Thursday Announced the Grand Opening of Cherry Blossom at the Fairways
KB Home (NYSE: KBH) Thursday announced the grand opening of Cherry Blossom at the Fairways, a new collection of stylish one- and two-story homes situated adjacent to the Morongo Golf
Beazer Posts Loss For 1st Fiscal Quarter
Beazer Homes USA, Inc. (NYSE: BZH) on Thursday reported a net loss from continuing operations of $1.4 million for the fiscal first quarter ended December 31, 2016, compared with net
Middle-class Workers in California are Struggling to Find Homes They Can Afford
By Kevin Smith – Oscar Sol has spent the past five months searching for a home he can afford to buy. But so far, he has struck out. “I’m looking
Redondo Beach Rejects Deal with Legado for 115 Units on PCH
By Kelcie Pegher – Setting the stage for a court battle that could cost the city millions of dollars, Redondo Beach has rejected a deal with the developer behind a
Land Advisors Brokers Sale of Inland Empire Community to KB Home
Land Advisors Organization on Thursday announced the successful closing of Phase 1 involving 77 fully entitled lots of Summit at Fontana, a 29-acre residential community including a total of 171
South County Is Where The Land Is
By Carrie Rossenfeld South County remains one of the only places in San Diego County where a large, master-planned community can be introduced, and it offers more-affordable product relative to
Brandywine Homes Closes 116 New Homes, Opens Seven Communities, Breaks Ground on Four New Neighborhoods in 2016
Brandywine Homes, a pioneer of infill development in Southern California, closed 116 homes, opened seven new communities and broke ground on four new communities in Southern California in 2016. The
