Archive
Mixed Signals in the New Home Market
A few recently released data points, indicate that there is continued choppiness in the new home market. Housing starts dropped in February from January’s figure primarily due to inclement weather
Orange County New Homes Hitting New Highs
Orange County has been a hotbed of new home activity over the past few years as demand from affluent families and foreign buyers has resulted in ever-increasing prices combined with
Builders Reporting Strong Spring Sales
Consistent with anecdotal reports from in the trenches, the data seems to be proving out that the spring selling season is shaping up to be an improvement over the prior
Pace of Land Acquisitions Activity Expected to Pick Up
With builders reporting strong sales activity so far this year, the need to replenish and grow land pipelines is once again becoming a top priority at many homebuilding companies. While
1,100 New Homes to Open at Tustin Legacy
After stalling out during the housing downturn, a rejuvenated Tustin Legacy will add 1,100 new housing units over three projects in a mix of multi-family and single-family detached homes. With
TRI Pointe Lowers 2015 Guidance
TRI Pointe Homes released mixed 4Q 2014 earnings on Monday. The company reported earnings of 28 cents per share, which was 2 cents higher than analyst expectations. However, the $635M
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
