Developer breaks ground
IRVINE — Standing on a grassy hilltop overlooking the former Marine Corps Air Station El Toro, filled with overgrown fields and abandoned runways, developers on Wednesday pointed to where the first of 5,000 new homes will open by early next year..

Homebuying ‘spring fever’ has sprung early
“Absolutely, spring has sprung early and the market is heating up,” said Angie Weeks, with Metro Realty in Newport Beach. “I’ve received an offer on a drive-by-only listing within one week of the listing, and had a buyer who was offer No. 15 in line on an Irvine condo that was on the market only three days.

HOMES
Instead of a guaranteed $40 million in shared neighborhood park infrastructure — a minimum that FivePoint agreed to as part of negotiations with the city before the developer had a clear picture of what the eventual plans would be — that figure is more likely $150 million for Phase One alone, Haddad said.