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Weekley to Unveil High-Density Neighborhood in San Antonio

San Antonio Business Journal staffer Tricia Lynn Silva reports that David Weekley Homes will break ground on the first of several high-density living projects planned for the San Antonio area this Friday. Part of the builder's Central Living line, the 46 homes in The Garden at Urban Crest will range in size from 1,600 to 2,600 square feet, and will be priced from the low $300,000s.

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China-based Home Builder to Invest $1 Billion in U.S. Operations

Per a press statement, "Landsea Group Co. Ltd., an internationally recognized home builder, has announced it will invest more than $1 billion in the U.S. housing market over the next several years beginning with residential developments in three of the country's largest housing markets--New York, Los Angeles and San Francisco."

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Top 10 Markets for New Residential Construction

Housing starts numbers out today surprised many observers with its strength at the highest in eight months, but Metrostudy finds it to have been in line with actual counts released earlier this month. Metrostudy chief economist Brad Hunter breaks down the New Residential Construction release from the Census, including a look at the top ten markets leading in growth in quarterly starts.

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Yuba City, CA Dashboard Reports

Yuba City, CA - May 2014 - Figures for New Home Closings Rise Year-Over-Year in May After Decline Year-Over-Year in April

New home sales rose from a year earlier in Yuba City, CA in May after sales decreased last month. Average prices of new homes moved up, rising 24.2%. Real Estate Owned (REO) closings as a percentage of existing home closings dropped, falling 7.8% percentage points.

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