A New Generation of Young Home Buyers is Tiptoeing into the Market

LA Times

By Andrew Khouri

Newly married and in their mid-20s, San Clemente residents Josh and Kayleigh Hyink were ready for the next step in their “master plan.” So the couple ditched their $1,644 one-bedroom apartment in Orange County and this spring purchased a new $430,000 house in the Riverside County city of Murrieta, becoming homeowners for the first time.

Read More

Previous Orange County Home to Four of the Nation’s Best-Selling Master-Planned Communities.
Next KB Home to Cut C.E.O.’s Bonus After His Rant Against Kathy Griffin

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

Housing Outlook 2015

Kiplinger sets forth its perspective on the housing market for 2015. Among the key takeaways – modest price appreciation, return of first-time buyers and increased new home production. All-in-all, similar

Housing Market

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

Housing Market

December Data Bodes Well for Housing

Single-family building permits, housing starts and new home sales all posted strong numbers in December in an indication that the new home housing market is headed on a sustainable upward