Archive
City Ventures Assembling 8.76 Acres in Glendora
Prolific infill developer City Ventures closes on the first 4.07 acres of a total 8.76 acres assemblage in the City of Glendora. This parcel located at 641 E. Foothill Blvd
TRI Pointe Acquires 199 Lots in Santa Clarita Valley
TRI Pointe Homes acquires 199 lots in the Five Knolls masterplan in the Santa Clarita Valley area of Los Angeles County. Pricing on TRI Pointe’s Grayson at Five Knolls project
Spring Selling Season Starts Off on Right Foot
Although recent existing home sales data has not been that encouraging, new homes sales as reported by the builders would seem to indicate that the spring selling season is off
Toll Reports Strong 1Q 2015
Toll Brothers handily beat the Street with its fiscal 1Q 2015 earnings. Revenue was $835.5M, which represented a 33% increase over the year ago period, and well above the $773.5M
Easing Mortgage Standards
Mortgage standards appear to be loosening in what will be a critical factor in aiding the housing recovery. After a period of tight standards in the wake of the housing
OC New Home Market Takes a Breather
It appears that the pace of new home sales in Orange County is pulling back from its once rapid pace. With a low supply and strong demand dynamic, homebuilders had
Housing Starts Fall in January
Housing starts fell 2% in January to a 1.07 million annual rate from 1.09 million in the prior month. The decline was primarily due to a drop in single-family starts
Homebuilder Confidence Slips in February
The National Association of Home Builders/Wells Fargo index fell to 55 from 57 in January. The drop was attributable to builders active in the Midwest where severe weather resulted in
New Normal for Homebuilding?
Nobody needs to be reminded that homebuilding is a highly cyclical business. However, each cycle also has its own characteristics, nuances and trajectories. Certainly, our most recent cycle, which both
Uptick in First-Time Homebuyer Activity
With a number of factors contributing – low mortgage rates, improving economy, easing credit requirements, slowing price appreciation, higher rents – it appears that first-time homebuyers are moving off the
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