Southern California’s hottest real estate stories of 2022 – Daily News

on Dec31
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So what do you think were the top real estate stories of 2022?

It was a crazy year that started out hot for property-related businesses and ended up cold, with plenty of twists and turns along the way.

And thanks to technology that tracks what’s read on Southern California News Group’s websites, we can follow the most-popular stories among our readers. What was up and what was down during these wild 12 months?

Let the countdown begin …

#10: 138 new homes coming to Mission Viejo, Irvine from under $600,000 to over $1 million

For Trumark Homes, the high-level grading involved at the Mission Viejo construction pad has been unique. (June 4)

#9: Orange County home sales tumble 28% as loan payments soar 42%

Since 1988, sales drops have been worse only 7% of the time. (May 23)

#8: Homebuyers face 91% increase for credit reports starting Jan. 1

If credit-score companies can hike fees, then what’s to stop others, like underwriters, from following suit? (Nov. 23)

#7: Will buyers cross Cajon Pass for new homes in the $300,000s?

Three-decades-plus in the making, groundbreaking has occurred at what’s planned to be a 15,663-home community in Hesperia. (April 12)

#6: 4.1 million-square-foot warehouse in Ontario will be Amazon’s biggest ever

It will be almost as big as two 73-story Wilshire Grand Hotels, the region’s tallest skyscraper in downtown LA. (May 31)

#5: ‘Botched’ star, plastic surgeon Paul Nassif drops $14 million in Dana Point

Oceanview home spans 9,005 square feet across three levels with six bedrooms,10 bathrooms and entertainment spaces. It has 107 feet of ocean frontage. (May 9)

#4: House prices drop in one-third of U.S. — and LA County, Realtor stats say

Rising interest rates, pricey options and shaky economics seemed to chill the pandemic era’s buying binge. (May 4)

#3: Yorba Linda is Orange County’s first city to adopt state-mandated housing plan

The city’s blueprint calls for the construction of 2,415 new homes needed for the remainder of the decade. (April 14)

#2: Southern California’s housing collapse: Sales plunge after 47% payment jump

It’s no stunner considering the typical house payment jumped by almost 50% in a year. (Sept. 21)

#1: Leaving California? A 2022 guide to what state is best to move to

The “happiest potential landing spot” for folks who want out of California sits just up the Pacific coast — Washington state. (April 6)

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