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Local News & Articles
Construction Finally Set to Begin on Great Park Development
The city of Irvine’s ambitious plan to develop Orange County Great Park—the site of the former Marine Corps Air Station El Toro—will finally be put into action later this month when construction on the first phase is commenced. Pavillion Park, as the development is known, will include more than 700 single-family detached homes and condominiums. [...]
Report: Home Prices Surge by 9.3% in February
Home prices in February showed their biggest year-over-year increase in nearly seven years, according to the Standard & Poor’s Case-Shiller Index released Tuesday. Home prices in the nation’s 20 largest metro areas saw an average gain of 9.3%, while Los Angeles home prices spiked by 14.1% in February. The report further confirms the idea that [...]
S&P Proclaims Housing Recovery is for Real
Good news from the Standard & Poor’s Ratings Service with regards to the housing recovery—after several starts and stalls, the housing market now seems in full rebound mode. That was the takeaway from S&P’s Housing and Commercial Real Estate Roundtable earlier this month. According to Mortgage Daily News, staffers from S&P cited the consistent rise [...]
