IRVINE, CA—The Villages of Irvine here has soldthe most homes of any master-planned community inthe Western US for the third consecutive year. The community, builtby the Irvine Co.'s Community Development company,was named Top-Selling Master-Planned Community in the Western US bythe Robert Charles Lesser Co. in its 2014 mid-yearupdate for selling 664 homes in the first six months of theyear.

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As GlobeSt.com reported earlier this week, the NewHome Co. has sold 23 luxury homes in its new neighborhoodsTrevi and Amelia in theOrchard Hills master-planned community in theVillages of Irvine since the neighborhoods opened less than twomonths ago. The sales represent more than $50 million.

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According to Tom Veal, VP of residential salesand marketing for Irvine Co. Community Development, “New homebuyersconsistently tell us that Villages of Irvine homes are attractivebecause they are great homes built by renowned builders, withnearby access to acres of open space. Schools are planned withinour neighborhoods, and our homes are close to employment andworld-class shopping, dining and entertainment. Clearly, thelifestyle experience across the Villages of Irvine continues toresonate with new homebuyers.”

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Strong demand for new homes in Irvine is depleting availableinventory across the Villages of Irvine. Villages and neighborhoodscontinue to sell out, such as the Village of Laguna Altura andVillage of Woodbury, as well as Casera in the Village of PortolaSprings; Cambria, San Mateo and Santa Maria in the Village ofStonegate; and La Cresta in the Village of Woodbury have sold outin the last year. Opportunities still remain for new homebuyersacross the Villages of Irvine in Cypress Village, Village ofOrchard Hills, Village of Portola Springs and Village ofStonegate.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.