Marketplace | Economy: Housing Construction up in November December 21,2011

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

Sarah Gardner: Chino, Calif. - 40 miles east of L.A. To many Angelenos, it's a faceless exurb filled with cookie-cutter homes and smelly dairy farms. But to others, it's big houses on big lots at reasonable prices.

And Greg McGuff, a division president at Lennar Homes, is itching to sell some freshly built houses here...

...Gary Painter, director of USC's Lusk Center for Real Estate, isn't convinced builders will find much of a market for these kind of homes...

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