The Orange County (Calif.) Register staffer Jeff Collins reports that new houses and apartments are popping up throughout the region as more jobs and rising household formation fuel demand for housing.
He digs into the latest industry figure to find that Orange County home building is at its highest level in 15 years. Collins writes:
Developers pulled permits for 10,664 new housing units in Orange County from January through October, the highest year-to-date total since 2000, according to Sacramento-based Construction Industry Research Board, or CIRB.
Of those, 7,077 units were in some form of multifamily development, the most since 1990, CIRB figures show.
Four cities accounted for three-quarters of the planned new homes: Irvine, Anaheim, Aliso Viejo and Santa Ana.