OC Homebuilders Plot Recovery as Prices Stay High
Orange County's largest homebuilders are feeling the side effects of last year's interest rate hikes, with local home sales off nearly 7% last year...
Orange County's largest homebuilders are feeling the side effects of last year's interest rate hikes, with local home sales off nearly 7% last year, losing much of the gains made in 2021. The top 14 builders in Orange County last year sold a cumulative 2,991 attached and detached homes in the area, according to this week's Business Journal list. Last year's list featured 20 builders with more than 32 sales; they sold a cumulative 3,677 home sales. This year's list includes builders with more than 28 local sales.