San Diego County: Land Shortage

San Diego County: Land Shortage

According to the San Diego Association of Governments, the pace of residential building permits in San Diego County over the last five years is about half of what the region now needs each year (12,000 units needed annually).  In addition, only approximately 4,300 resale homes are currently on the market within San Diego County – a four year low according to numbers from the local Realtors Association.  A six month supply of housing inventory has historically been associated with a balance in supply and demand.

Next 18 Acre Infill Site Acquired by Shopoff Land Fund II

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

Land/Projects

Planning Begins for 16-Acre Dog Beach Site

The Robert Green Company and Zephyr jointly acquired a 16-acre oceanfront parcel in Del Mar, CA. The Encinitas, CA firms envision development of a luxury resort, branded resort villas, restaurants

Land/Projects

San Juan Capistrano’s Oaks Farms Honored as Nation’s Best New Community

The Oaks Farms in San Juan Capistrano, Calif. was honored this week at the International Builder’s Show as the nation’s Community of the Year. The National Association of Home Builders’

Land/Projects 0 Comments

18 Acre Infill Site Acquired by Shopoff Land Fund II

INGLEWOOD, CA-Shopoff Land Fund II has secured $22.5 million in equity and debt financing to acquire and entitle an 18.6-acre infill land site in Inglewood, CA, The financing covered 82%

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply