Southern California Regional Intelligence

Home builders have been gobbling up sites in A and B markets in Southern California for the last 18 months, driving land prices back up above mid-2000s peak levels. Higher land prices are impacting profits and making deals tougher to …

But should they? Every time I attend a conference I learn something. Last month, legendary Inland Empire investor Bruce Norris held a charity event for 500 people with a number of top analysts. He estimated that at least $1 billion …

What a difference a year makes. After being the poster child for housing distress during the downturn, California is now leading the national housing market recovery. Resale and new home inventories have plummeted to all-time lows. Prices are skyrocketing. Multiple offers and …

Home prices have gone through a severe bear market for the past five years, after experiencing a strong rising market for several years before that. While some have become discouraged about residential real estate, the time for discouragement is past. …

At RSI’s The New House community in Beaumont, CA (Riverside-San Bernardino MSA), future residents can choose to: Buy for $1,576 per month Rent for $1,700 per month Lease-to-Own for $2,015 per month More than 30% of customers are choosing the …

John was on Fox Business News today discussing the housing market rebound in California.   If you have any questions, please contact John Burns at (949) 870-1210 or by email.  

In San Diego County, higher-priced homes on lot sizes in the 5,000 to 6,999 square foot range sell at faster sales rates than much lower priced homes on smaller lot sizes or higher-priced homes on larger lot sizes. Unfortunately, new …

As the housing market heats up again around the country, builders are scrambling to offer the latest and greatest product ideas to help stay ahead of the pack. Sometimes the ideas are major changes to the way floorplans are designed. …

Our rental forecast calls for solid rent growth in the U.S. over the next five years. Western markets such as Seattle, San Jose/San Francisco, Orange County and San Diego, which generally have high barriers to entry and above average income …