We’ve been talking about challenging inventory and lack of available homes in Costa Mesa for a few months now.
How are the other California sales markets doing, besides the one here in Costa Mesa real estate? Here’s a quick infographic that shows building starts in other communities. This infographic judges housing starts/building permits, which is a good housing barometer because builders have to have confidence that what they will build will be sold a year or two later when the project is actually ready for occupancy.
Are Other Real Estate Markets Improving ?
Locally, new homes are being built in Laguna Altura, Irvine’s Woodbury and Portola Springs. They all have waiting lists, so confidence has certainly returned to our local builder market.
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