Archive

Housing Market

U.S. Home Construction Reaches Strongest Pace in a Year, But Falls in the West

Construction of new homes in the United States climbed 13.7% in October, the biggest jump in a year, as builders broke ground on more apartments and single-family houses.

Deals

CalSTRS Forms New US Housing JV

The California State Teachers’ Retirement System has formed a joint venture with New York-based private equity real estate firm GTIS Partners to initially invest $204 million in homebuilding and residential lot development across the US.

Land/Projects

Burbank Denies MLC Holdings’s Preapplication to Submit its Housing Project

Burbank council members voted 3-2 to deny MLC Holdings, Inc. its preapplication request to submit a proposal to build 34 single-family homes on a 4.7-acre plot at 814 S. Mariposa St.

Land/Projects

Harvest at Limoneira Breaks Ground

Limoneira Company announced that its Harvest at Limoneira project broke ground on Wednesday, November 8th following a decade of hard work and dedicated planning.

Land/Projects

New Haven in Ontario Ranch Is a Top 5 Best-Selling California Community

New Haven, a master-planned community in Ontario Ranch, is among 2017’s five best-selling communities in California, and among the top 50 nationwide, according to a report by RCLCo.

Housing Market

Millennial Home Buyers Send a Chill Through Rental Markets

Rising home-ownership is adding to the jitters in the residential rental market.

Homebuilders / Land Developers

The New Home Company Named Fastest Growing Public Company in Orange County

The New Home Company has been named the Fastest Growing Public Company in Orange County on a list published by the Orange County Business Journal.

Housing Market

The GOP Tax Plan Has The Real Estate Industry In Panic

Two powerful trade associations slammed the GOP’s tax plan on Thursday, saying the reduction of a key benefit for homeowners could hurt the market.

Housing Market

California Housing Affordability at 10-Year Low

Only 28% of home buyers can meet requirements for a median-priced single-family home.

Land/Projects

New Home Company Opens in Esencia Master Plan

The New Home Company on Thursday announced its first two neighborhoods in the master-planned community of Esencia at Rancho Mission Viejo.