New Homes in Orange County for First-Time Homebuyers
By Ben Borhani
February 2, 2016
For those of us that already live in Orange County, it seems like everyday we see new buildings and projects being created all around us. From offices and business buildings, to new homes in Orange County, it is clear that our community is growing at a strong pace.
For those of you that are considering a move from your current location, we suggest considering some of the new homes in Orange County, and taking advantage of the job opportunities and beautiful scenery that OC has to offer. Here are just a few of the new developments in the Orange County area:
1) Irvine Ranch is a Hot Spot of New Homes in Orange County
Nestled in the nearby hills of Irvine, CA, the new homes in Irvine Ranch have become some of the most sought after properties in the country. Reports by various consulting firms claim that the community was the 2nd hottest neighborhood in the nation, both in terms of houses sold, and the rate that homes are being built. With the new homes being built so quickly, and sold at the same pace, now is your chance to get in on these beautiful communities!
2) Lake Forest Homes for the First-Time Homebuyer
Just a few days after the new year, the Lake Forest City Council voted in favor of a housing development that would bring 52 new homes to the city. Built between the Irvine and Lake Forest border, the approval of these houses is said to alleviate the worries of first-time homebuyers that are looking for their dream homes in a low inventory market.
3) Woodbury & Northwood Neighborhood in Irvine, CA to bring 1,900 Housing Units
With many first-time homebuyers entering the market, Irvine has ramped up its developments, and created some of the most exciting new homes in Orange County. Aside from those in Irvine Ranch, construction in the Woodbury and Northwood communities continues to thrive, as new condos, apartments, and single family homes are being developed!
With the Federal Reserve announcing an increase in interest rates in the coming months, now is the best time for on-the-fence buyers to find the home they’ve been wanting, and save some money on mortgages!