Irvine, CA Irvine, CA

Orange County has a tight for-sale housing market, and growing pent-up demand for new supply. Demand is so high, in fact, that Levity at Tustin Legacy, a new housing community from developer Lennar, has already received interest from potential buyers only a week following ground breaking. Levity will bring 218 new for-sale homes to the market in various sizes and configurations that will best serve the market. It includes Fleet townhomes, a collection of townhomes; Velocity, stacked flats; and Icon, a community of single-family detached homes.

“Tustin Legacy has created a popular destination in a popular location,” Jeremy Parness, California coastal division president for Lennar, tells GlobeSt.com. “There is very little inventory on the market, and so I think that demand for this location will be extremely strong. People have already reached out to be put on a waiting list for the first releases, and there is already some interest being signaled, even now.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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