Welcome to today’s real estate news roundup! We have some exciting updates for homebuyers in Riverside, California. KB Home has announced the grand opening of its newest community, Catania at Citrine, offering modern homes designed with spacious kitchens, walk-in closets, and a range of amenities. If you’re curious about the future of the housing market, Forbes Advisor explores predictions for 2024 and when home prices may become more affordable. Discover the latest trends and expert tips to navigate this competitive market. Additionally, California Governor Gavin Newsom has announced $130.6 million in grant funding for the construction of permanent supportive homes under Project Homekey, aiming to address homelessness across nine counties. Learn more about this significant effort and its impact on housing in California. Read on for more details and insights!
KB Home Announces the Grand Opening of Its Newest Community in Riverside, California | Business Wire
Exciting news for homebuyers in Riverside, California! KB Home has announced the grand opening of its newest community, Catania at Citrine, located in the highly desirable Orangecrest neighborhood. These modern homes are thoughtfully designed to meet the needs of today’s homeowners, featuring spacious kitchens, bedroom suites with walk-in closets, and ample storage space. The community offers one- and two-story homes with up to five bedrooms and three baths. With its proximity to top-rated schools and planned family-friendly amenities like a park and playground, Catania at Citrine is an ideal place to call home.
What sets KB Home apart is their commitment to building strong relationships with customers. Each KB home is uniquely built for the homeowner, allowing personalization from floor plans to exterior styles. Their exceptional customer service has earned them the title of the #1 customer-ranked national homebuilder based on third-party buyer surveys. Experience contemporary living with KB Home’s innovative design, energy efficiency, and focus on creating healthier indoor environments.
Catania at Citrine is conveniently located near major highways and employment centers, providing an exceptional lifestyle for residents. Explore the nearby historic downtown Riverside for shopping, dining, and entertainment options, or enjoy outdoor recreation at UC Riverside Botanic Gardens and Box Springs Mountain Reserve.
The sales office and model homes at Catania at Citrine are open for walk-in visits, private in-person tours, and live video tours by appointment. Don’t miss the opportunity to be a part of this vibrant community. Pricing starts from the mid $600,000s.
Housing Market Predictions For 2024: When Will Home Prices Be Affordable Again? – Forbes Advisor
Curious about the future of the housing market? This insightful article explores predictions for 2024 and when home prices may become more affordable. While the summer sales have been tepid, there are signs that activity could pick up as mortgage rates reach their lowest levels in over a year and more resale inventory enters the market. The article discusses the challenges of affordability and the need for increased inventory to meet demand. It also highlights expert tips for buyers and sellers in this competitive market. Discover the latest trends and insights to navigate the housing market with confidence.
$130 million in Project Homekey grants awarded in nine counties
California Governor Gavin Newsom has announced $130.6 million in new grant funding for the construction of 533 permanent supportive homes across nine counties under Project Homekey. The funds will be distributed to projects in Sacramento, San Francisco, Merced, Orange, Riverside, Contra Costa, San Mateo, Sonoma, and Kern counties. This initiative aims to provide much-needed housing to alleviate homelessness, with a focus on supporting local governments and ensuring everyone has a place to call home. The program, administered by the California Department of Housing and Community Development, has evolved from Project Roomkey, which provided temporary housing during the pandemic. With the expansion of the program, known as Homekey+, more details are expected to be released soon. Since its inception, Project Homekey has already awarded approximately $3.6 billion in funding to support 259 projects and provide 15,850 homes. Read the full article for more information on this significant effort to address homelessness in California.