Predicting Housing Development Trends for SoCal

Jones: “Single-family infill communities that cater to an emerging Millennial home buyer, including substantive smart-home technology and lifestyle design, will outperform.”

IRVINE, CA—MBK Homes expects single-family starts to increase slightly and apartment starts to slow this year, while maintaining an overall balance with demand, the firm’s president Craig Jones tells GlobeSt.com. MBK is a developer of for-sale single-family attached and detached homes and a developer and operator of apartment communities throughout California.

Jones leads his team in both the homebuilding and apartment building arenas. His focus is on expanding the reach of the company’s geography and product offerings as well as maintaining the company’s position as a vertically integrated home and apartment builder. We spoke with him about Southern California housing trends and the major events expected to shape this sector in 2018.