Welcome to today’s real estate news roundup! We have some exciting updates from the housing market. Century Communities, Inc. is now selling at two popular planned communities in Northern California, offering exceptional homes in sought-after locations. KB Home has announced the grand opening of Primrose, a new community in Lancaster, California, featuring thoughtfully designed one-story homes for modern living. Stacker has compiled a list of cities in California with the most expensive homes, providing insights into the real estate market. Toll Brothers Apartment Living and EJF Capital are thrilled to announce the opening of Rafferty, a luxury apartment community in downtown Santa Ana, California, offering modern residences and an array of amenities. Stay informed about framing lumber prices with the National Association of Home Builders (NAHB), who advocate for affordability in the housing market. Lastly, discover the cities with the fastest-growing home prices in California, as compiled by Stacker using data from Zillow. Dive into these stories to learn more about the latest happenings in the real estate world.
Century Communities Joins Two Popular Planned Communities in Northern California
Century Communities, Inc., one of the nation’s largest homebuilders, is now selling at two popular planned communities in Northern California: Twelve Bridges in Lincoln, CA, and SOMO Village in Rohnert Park, CA. As an industry leader in online home sales and recognized as the highest-ranked homebuilder on Newsweek’s list of America’s Most Trustworthy Companies 2024, Century Communities is excited to offer its exceptional homes in these sought-after locations. Don’t miss the opportunity to be a part of these thriving communities.
KB Home Announces the Grand Opening of Its Newest Community in a Prime Lancaster, California Location
KB Home is excited to announce the grand opening of Primrose, its newest community located in the desirable Quartz Hill neighborhood of Lancaster, California. The one-story homes at Primrose are thoughtfully designed for modern living, featuring spacious great rooms, bedroom suites with walk-in closets, and ample storage space. With up to four bedrooms and two-and-a-half baths, these homes offer flexibility and comfort. What sets KB Home apart is its commitment to personalized homebuilding, allowing buyers to customize their floor plans, exterior styles, and more. As the #1 customer-ranked national homebuilder, KB Home prioritizes creating an exceptional homebuying experience. Don’t miss the opportunity to explore the Primrose community and find your dream home.
Cities With the Most Expensive Homes in California | Stacker
Purchasing a home is a significant investment, and with home prices reaching record heights, affordability plays a crucial role for buyers. Stacker has compiled a list of cities in California with the most expensive homes, based on data from Zillow. Factors such as location, size, age, and condition contribute to the value of homes. The list showcases the typical home values, price changes over one and five years, and the respective metro areas. Explore the cities with the highest-priced homes in California and gain insights into the real estate market.
Toll Brothers Apartment Living and EJF Capital Announce the Opening of Rafferty, a New Luxury Apartment Community in Santa Ana, California | Markets Insider
Toll Brothers Apartment Living and EJF Capital are excited to announce the grand opening of Rafferty, an eight-story luxury mixed-use apartment community in downtown Santa Ana, California. The community offers modern studio, one-bedroom, and two-bedroom residences with high-end finishes and smart home technology. Residents can enjoy a range of amenities, including an expansive pool deck, indoor/outdoor fitness center, jam room, coworking studio, and more. Located in the vibrant Calle Cuatro corridor, Rafferty provides easy access to local markets, shopping, dining, and cultural institutions. Discover the luxury and convenience of Rafferty in downtown Santa Ana.
Framing Lumber Prices | NAHB
Stay informed about the latest trends in framing lumber prices with the National Association of Home Builders (NAHB). As of July 12, 2024, the framing lumber composite price has dropped to its lowest level since April 2020. NAHB tracks the weekly lumber prices and provides an overview of the U.S. framing lumber market, including plywood prices. Softwood lumber prices have been volatile due to increased demand, rising tariffs, supply-chain bottlenecks, and insufficient domestic production. NAHB advocates for actions to address high lumber prices and improve affordability in the housing market. The cost of lumber directly impacts the price of new homes, along with other factors such as wages and interest rates. Explore NAHB’s comprehensive lumber report to gain insights into the market and learn more about their efforts to tackle the affordability crisis.
Cities With the Fastest-growing Home Prices in California | Stacker
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties. The typical home value in the United States was $360,310 in May, 3.9% higher than the year before. Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before. Stacker compiled a list of cities with the fastest-growing home prices in California using data from Zillow. Data was available for 50 cities and towns in California.