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1Q21Inland Empire New Construction & Proposed Multifamily Projects IDPROPERTYUNITS1Crestview Terrace1842The Monterey4424The Crossings Redlands3405Lavante Total Lease Up136 1,1026Vernola Marketplace8Courtyards

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What is new homes amp condos?

New homes and condos refer to residential properties that are newly constructed or newly converted condominiums, which are available for sale or lease.

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Typically, builders, developers, or real estate agents involved in the sale of new homes and condos are required to file relevant documentation regarding these properties.

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The purpose of reporting new homes and condos is to track and regulate the real estate market, ensure compliance with local laws, and provide transparency regarding new residential developments.

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Required information typically includes the property's location, builder or developer details, sale price, date of sale, number of units, and ownership structure.

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