San Diego County: Land Shortage
According to the San Diego Association of Governments, the pace of residential building permits in San Diego County over the last five years is about half of what the region now needs each year (12,000 units needed annually). In addition, only approximately 4,300 resale homes are currently on the market within San Diego County – a four year low according to numbers from the local Realtors Association. A six month supply of housing inventory has historically been associated with a balance in supply and demand.
About author
You might also like
Del Webb to Build 240 Homes at Terramor in Southern California
By Mary Salmonsen Forestar Toscana Development Company, a joint venture between developer Foremost Companies and an affiliate of investor Starwood Capital Group, have announced that PulteGroup’s Del Webb brand will
Chinese Developer, Landsea, Makes Splash in Orange County
Landsea Group of Nanjing, through its US subsidiary, Landsea Holdings Corp., closed on the Portola Center South project in Lake Forest. The project will consist of 569 homes at build-out
Terramor Masterplan on I-15 Corridor Breaks Ground
The 1,443 home Terramor masterplan broke ground this week. Consisting of a mix of age-qualified and market rate units, the large-scale community in the South Corona region of the Inland
0 Comments
No Comments Yet!
You can be first to comment this post!