Dive Brief:
- Not too long ago housing projects in California's Inland Empire were as dry as the desert that extends to the east of it, but all that may be about to change.
- Now, KB Home and others are seeing the housing market return in communities that include: Riverside, Chino, Temecula, Ontario, Banning/Beaumont, Coachella, Calimesa, Lake Elsinore, Menifee, Murrieta, Rancho Cucamonga, San Jacinto and Redlands.
- It's not life pre-Great Recession, but Bill Blankenship, the Riverside County chief for the the Building Industry Association of Southern California, says it's a case of, "No one believes we’re sliding backward anymore."
Dive Insight:
What is going on, in the words of KB Home Southern California President Steve Ruffner, is, "The economy has come to a good place."