Archive
Big Blow Dealt to Santa Clarita Mega-Project
The Newhall Ranch project in the Santa Clarita Valley area of Los Angeles County was dealt a major setback by the California Supreme Court which rejected the sufficiency of its
Headwinds at Home Causing Pause in Chinese Buying
This past year, Chinese buyers overtook Canadian buyers as the top foreign purchasers of US real estates with expenditures of $28.6 billion. The influence has been felt disproportionately at the
Conforming Loan Limits Continue to Impede Housing Recovery
The availability, or lack thereof, of mortgage financing has been one of the biggest factors impacting the pace of the housing market recovery. Loan limits on federally-backed mortgages have not
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
New Home Sales on the Wane in the OC
Corelogic recently reported that new home sales in Orange County experienced an unbroken downward streak from November 2014 through September 2015. This downward trend runs counter to what has been
Five Knolls Masterplan in Santa Clarita Open for Business
Brookfield’s Five Knolls masterplan in Santa Clarita grand-opened on September 26. The community will consist of 494 homes at build-out across 6 neighborhoods on 247 acres. The project includes a
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
Pulte Misses Earnings Expectations
PulteGroup’s stock took a tumble after the company reported earnings that fell short of analysts’ expectations. The company reported earnings of 30 cents a share down 7 cents from the
Horton Picks Up 20 Lots in West Hills
DR Horton acquired 20 unimproved lots in the West Hills section of the San Fernando Valley. The lots will average approximately 5,000 square feet in size with home sizes averaging
Banning Ranch Set for Crucial Coastal Commission Hearing
The Banning Ranch project, on 401-acres in Newport Beach, will go before the California Coastal Commission on Wednesday, October 7. Already approved by the City of Newport Beach, the fate
