Builders Know Something We do Not Know
It seems that the builders know something that we do not know. Here in Orange County CA the builders, who had been reluctant to create more inventory by building any homes, have begun to build.
When I say they have begun to build it is not one or two sites it is 28 new building sites. The 28 new developments have opened since the fall or will open by next fall.
Fewer than 2000 building permits were taken out in this same period in either 2009 or 2010. The new projects are for more than 3,000 new construction properties. It seems that the builders know something that we do not know they must or they would not commit to these projects.
It is all good news. They believe the market is getting health and going forward as we come out of the recession and the sleepy 1st quarter. If you have been on the fense as to buying now is the time. If you would like help purchasing a new home contact us.
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