Why Townhome Development Makes Sense For OC

GlobeSt

By Carrie Rossenfeld

Townhome price points are more reasonable and affordable than single-family detached developments, are often coming in below FHA loan limits and are therefore more appealing to a larger pool of buyers, Land Advisors’ Mike Hunter tells GlobeSt.com.

Read More

Previous Bella Vista Opens Celebrated Luxury Homes
Next Luxury ‘Barefoot’ Condos Break Ground in Dana Point

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Housing Market

Cities Can’t Assume a Continued Boost From the Young

Over the past decade, many American cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee

Housing Market

Prices and Sales Volume Up in Southern California

Year-over-year prices were up 6.2% in April to a median of $429,000 in Southern California. Sales volume climbed 8.5%. At the current pace, there is 3.6 months of inventory in

Housing Market 0 Comments

Strong Finish to the Year?

With a shift from a seller’s market to a buyer’s market, Redfin sees a potential pick-up in sales volume to finish out the year. Here’s why. Read more