Trumark Homes Buys 11 Acres in the OC

Confident that a down economy is the right time to buy land for building new homes, recently launched Trumark Homes – a homebuilding company unencumbered by the legacy issues faced by existing builders – recently purchased 11 acres of land for $4.8 million. Located on the corner of Regency Lane and Osterman Road in Lake Forest, Calif., plans are in process to build 68-72 single-family detached traditional homes with construction scheduled to commence in late 2010.

OC Rising

2,465 homes were bought in the OC. Orange County is +38.5% vs. year-ago in buying activity.February was 8th straight month of sales gains vs. the year-ago period. That follows 33 consecutive months where sales failed to beat the previous year’s pace.
Is change in the real estate winds in Orange County?
Source: Lasner