The Downey Patriot: “New Norwalk townhome development officially sold out”

February 16th, 2017

 

NORWALK – Brandywine Homes recently announced that all 31 townhomes have been sold at Sunstone, a two-acre, transit-friendly community, located at 11009 Pioneer Blvd., which held its grand opening in May 2016.

“Sunstone sold out quickly because it offered rare new homeownership opportunities in the highly desirable Norwalk area,” said Dave Barisic, who is in charge of sales and marketing at Brandywine Homes. “We knew these exceptional homes wouldn’t be on the market for long.”

Sunstone, a gated community built on the site of a former school building close to Little Lake Park, Heritage Park and Wilderness Park, offered townhomes from approximately 1,110 to 1,475 square feet with hand-selected designer finishes as well as versatile, expansive floor plans.

The two- and three-bedroom stucco townhomes have granite countertops, stainless steel appliances, tankless water heaters, two-car garages and concrete tile roofs.

All homes were also recently closed out at Citrine, Brandywine’s 16-unit townhome community on one acre located at 11433 Excelsior Drive in Norwalk.

Brandywine is currently building Castella, a 21 townhome neighborhood near the intersection of Studebaker and Excelsior in Norwalk. Castella’s grand opening celebration is tentatively scheduled for July 2017.

 

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Patch – Cerritos: “All 31 Townhomes at Brandywine Homes’ Sunstone Development in Norwalk are Sold”

February 13th, 2017

By   February 13, 2017 1:56 pm ET                                

Brandywine Homes recently announced that all 31 townhomes have been sold at Sunstone, a two-acre, transit-friendly community located at 11009 Pioneer Boulevard that held its grand opening in May 2016.

“Sunstone sold out quickly because it offered rare new home ownership opportunities in the highly desirable Norwalk area,” said Dave Barisic, principal in charge of sales and marketing at Brandywine Homes. “We knew these exceptional homes wouldn’t be on the market for long.”

Sunstone, a gated community built on the site of a former school building close to Little Lake Park, Heritage Park and Wilderness Park, offered townhomes from approximately 1,110 to 1,475 square feet with hand-selected designer finishes as well as versatile, expansive floor plans. The two- and three-bedroom stucco townhomes have granite countertops, stainless steel appliances, tankless water heaters, two-car garages and concrete tile roofs.

Brandywine, a pioneer of infill development in Southern California, sold 116 homes, opened seven new communities and broke ground on four additional communities in Southern California in 2016. The homebuilder plans to close about 150 homes and open at least four communities throughout Orange and Los Angeles counties in 2017. Read More >

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What The New Treasury Pick Means for OC Real Estate

February 13th, 2017

The policies of the Treasure Secretary can have major implications for Orange County real estate, particularly for mortgages and financing.

Steve Mnuchin

The President’s pick for the post is Steve Mnuchin, former Finance Chairman of the Trump campaign and current principal of Dune Capital Management, a hedge fund. He was also a partner of Goldman Sachs, where he worked for 17 years.

Among his major accomplishments was rescuing failing bank IndyMac at the height of the mortgage crises in 2008 and turning it into the highly profitable OneWest, the largest bank in Southern California. This success, critics say, came at the cost of illegally foreclosing on as many as 80,000 homes, a practice that dubbed the bank, “Foreclosure Machine,” and Mnuchin, “Foreclosure King.”

However, the Wall Street Journal notes that many of the foreclosures were on loans that were hopelessly toxic and approved before the Mnuchin purchase. However, some evidence points to his preference for foreclosures rather than loan modifications. Read More >

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ALL 31 TOWNHOMES AT BRANDYWINE HOMES’ SUNSTONE DEVELOPMENT IN NORWALK SOLD

February 9th, 2017

Gated Community in Underserved Area Sells Out Within Eight Months

NORWALK, Calif. Brandywine Homes recently announced that all 31 townhomes have been sold at Sunstone, a two-acre, transit-friendly community located at 11009 Pioneer Boulevard that held its grand opening in May 2016. 

“Sunstone sold out quickly because it offered rare new home ownership opportunities in the highly desirable Norwalk area,” said Dave Barisic, principal in charge of sales and marketing at Brandywine Homes. “We knew these exceptional homes wouldn’t be on the market for long.” 

Sunstone, a gated community built on the site of a former school building close to Little Lake Park, Heritage Park and Wilderness Park, offered townhomes from approximately 1,110 to 1,475 square feet with hand-selected designer finishes as well as versatile, expansive floor plans. The two- and three-bedroom stucco townhomes have granite countertops, stainless steel appliances, tankless water heaters, two-car garages and concrete tile roofs.  Read More >

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Will 2017 Be Another Banner Year for OC Real Estate?

February 6th, 2017

Newbury by Brandywine Homes

A new year always bring hope that things will get better and that’s no different in real estate. But this year, you need to add the uncertainty posed by a new presidential administration. Case in point: The FHA was scheduled to initiate a rate cut for its Private Mortgage Insurance that would have made it easier for homebuyers to get FHA loans. President Trump canceled that rate cut, preventing many buyers from taking advantage of the lower rate.

Despite this uncertainty and the difficulty of predicting the future to begin with, a few pundits have weighed in on what 2017 holds for Orange County real estate. Whether these forecasts will mean good or bad news for you can depend on whether you’re selling your old home and/or buying a new one.

Home prices will increase.

Chapman University predicts an increase of 39,000 jobs, or 2.5 percent, for Orange County in 2017. Improving employment in the county points to more families arriving who will need a place to stay. In addition, many millennials who previously moved in with their parents when they graduated are now spreading wings into the real estate market. Trumps planned economic stimulus should also improve the jobs market. Read More >

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BRANDYWINE HOMES CLOSES 116 NEW HOMES, OPENS SEVEN COMMUNITIES, BREAKS GROUND ON FOUR NEW NEIGHBORHOODS IN 2016

February 2nd, 2017

Brandywine’s Provence Community

Developer Plans to Close 150 Homes in 2017  

IRVINE, Calif. Brandywine Homes, a pioneer of infill development in Southern California, closed 116 homes, opened seven new communities and broke ground on four new communities in Southern California in 2016. The homebuilder plans to close about 150 homes and open six new communities throughout Orange and Los Angeles counties in 2017. 

“We laid the foundation for this banner year when we opened up the pipeline for new communities in 2015, and we sold considerably more homes and opened more communities in 2016 than we did in 2015,” said Dave Barisic, principal in charge of sales and marketing at Brandywine Homes. “We plan to continue that momentum this year.” 

In 2016, Brandywine opened Brighton, 60 homes in West Carson; Citrine, 16 townhomes in Norwalk; Griffin, 17 townhomes in Arcadia; Lakehouse, 20 homes in Anaheim; Lotus Court, 13 townhomes in Monrovia; Provence, 28 homes in Yorba Linda; and Sunstone, 31 townhomes in Norwalk.  Read More >

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