M.M.'s Posts

Salt Lake Sale

M.D.C. Holdings made a play to jump to the top spot among home builders in the Salt Lake City market with its March 1 acquisition of local builder Salisbury Homes. Read more

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Hola, Buyers

As part of its long-term strategy to earn Latino home buyers' trust, the Ryland Group recently signed Julie Stav (pictured)—a financial expert featured on Univision and host of the national radio show “Tu Dinero con Julie Stav”—to be its spokesperson to the Latino community. In addition to participating in segments on the show, designed to educate listeners about home-ownership, Ryland is being featured on Stav's Web site, in her magazine, and in Univision commercials. Read more

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Trend 18

INFILL IN SOME AREAS is being driven by the availability of project financing. Investors have flocked to such groups as CityView and Phoenix Realty Group, which are geared toward providing financing for urban workforce housing. Their investment strategies have proved to be so successful that they're expanding. CityView recently added CityView America, based in Texas, to the existing CityView West, focusing on the western United States. Phoenix Realty announced plans for a fund focused on other urban areas in California after capping its $100 million Los Angeles fund and $90 million San Diego fund. Read more

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Trend 6 Trend 6

BUILDERS SAY THEY'LL build on smaller lots to keep prices down. But there's more to it: They have to build on smaller lots. In many areas, they cannot get the acres they need to build on traditional lots. Read more

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