April 13, 2000 |
Orange County's larger home builders are grabbing a bigger chunk of the market. The top 10 home builders handled nearly 70% of all Orange County home sales in the first quarter this year, according to MarketPoint Realty Advisors in San Diego. Only two years ago, 49% of the market was controlled by the top 10. The main reason for the growing disparity between the top sellers and the rest is that several major brokerages have merged.
April 13, 2000
Here are building permits valued at $350,000 and up filed recently in Orange County. ANAHEIM * Project: Theater in California Adventure Address: 1515 S. Harbor Blvd. Value: $400,000 Owner: Disneyland * Project: Renovate Jolly Roger Inn Address: 640 W. Katella Ave. Value: $500,000 Owner: NA * Project: Home Address: 7566 E. Vista Del Sol Value: $506,000 Owner: NA * Project: Foundation for two-story restaurant Address: 1515 S. West St.
March 15, 2000 | ,
This is what new-home seekers can expect to find this year: a diminishing number of Orange County homes to choose from, a rising number of other bidders for those houses, and a higher selection of single-family homes costing far less in Corona and the Inland Empire. Like other analysts, John Burns of the Meyers Group, an Irvine real estate research firm, expects prices to rise in Orange County, but at a slower pace this year than the record rate last year.
February 22, 2000 |
The Olson Co., a privately held builder of affordable housing, has sold a minority stake to three investors for an undisclosed price. The joint stock purchase was made recently by Allstate Insurance Co. of Illinois, Wells Fargo Bank of Minnesota and the California Public Employees' Retirement System pension fund (CalPers). Bolstered by the cash infusion, the Seal Beach home builder said it will expand its senior housing construction and build homes near transit lines in densely populated areas.
January 27, 2000 |
With buyers increasingly able to customize their new homes as easily as they pick options in an automobile, a new magazine is being launched to focus on the trend. Options for Today's Fine Homes will be published by Peninsula Publishing Inc., the Newport Beach-based owner of Builder and Developer magazine, a publication that covers the home building industry in California, Nevada and Arizona. The magazine will cover the latest options and upgrades for homes.
January 7, 2000 |
The new president of Orange County's Building Industry Assn., Jeffrey Prostor, sounded familiar themes in his call for lowering barriers against home construction in Orange County and around the state. The Building Industry Assn. has been urging lawmakers to open the spigot for housing production in order to alleviate a housing crunch that is pushing up prices in high-growth areas such as Orange County.