The Inland Empire is the new center of housing development in Southern California. The logistics boom—which has brought economic and job growth to the region—is supporting a housing boom for new families and workers. Brookfield Residential is among the leading developers in the market with three master plan communities, New Haven in Ontario, Audie Murphy Ranch in Menifee and Spencer's Crossing in Murrieta.
"California's Inland Empire has emerged as a national leader for new housing and strong home sales. Over the past half-decade, multiple factors have combined to create this positive growth," Caitlyn Lai‑Valenti, senior director of sales and marketing at Brookfield Residential, tells GlobeSt.com. "The two big ones are a booming economy and progressive local communities. The region's logistics industry has become a center for the country's seemingly endless appetite for shipped goods."
Home sales have been the strongest among industrial workers. The sector has been the largest driver of jobs in the market. "The phenomenal job growth is especially dramatic during a time when most of the economy is suffering," says Lai‑Valenti. "The recent data from Federal Reserve of St. Louis shows job postings were up 8.3% from a year ago in Riverside County and San Bernardino County. That represents the highest growth in the nation. New home communities serve the families of these workers, as well as families moving from coastal regions and urban centers looking for affordability and more space."
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