California Needs to Build a Staggering Nmber of Homes

It’s no secret that California is grappling with a housing shortage, but a new report quantifies how serious the problem is. Developers are building an average of 80,000 new California homes a year, but that falls well below the 180,000 that are needed, according to the California Department of Housing and Community Development.

Read More

Previous The Top-Selling Master-Planned Communities of 2016 Part 1
Next Developers Build on Home Rental Success With Whole Communities

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

Homebuilders / Land Developers

Developers Build on Home Rental Success With Whole Communities

Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took

Housing Market

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

Housing Market

Affordable Housing Is Now a Middle-Class Crisis in California

By Christopher Thornberg – California has a housing crisis. This probably doesn’t sound like news given the recent publicity about disputes over homelessness, rapidly rising rents, and gentrification—and the flurry