As Featured in the New Homes Section June 26, 2005

Housing Forecast Looks Bright for San Diego County
and Michael Crews Development

June 22, 2005 - Escondido, CA: Housing in San Diego County will continue to thrive economically, according to Alan Gin, an economist at the University of San Diego . His statement comes as a response to the new UCLA Anderson Forecast that predicts housing prices are reaching a peak and pose a potential housing slump throughout the country. Gin claims that San Diego County is an exception.

“Housing is a localized product, and while you can say that the housing market overall in the U.S. has been strong, I think it’d be more appropriate to look at it on a market-by-market basis,” Gin said.

The housing supply is more limited in San Diego County than nationwide because much of the land suitable for building homes has been placed off-limits for development. Gin says this constraint on supply in San Diego County will continue to drive prices up.

Michael Crews Development continues to address housing shortage and limited land accessibility issues in North San Diego County .

“We are committed to overcoming such challenges to build quality, value-enhanced homes, allowing customers to receive a superior product at an extremely competitive and value-driven price,” said Michael Crews, President and owner of Michael Crews Development. “Housing shortage has always been an issue of priority for us. Each year we set a goal for the number of homes we plan to build and we work hard every day to reach that goal to help relieve the increasing demand for housing in North San Diego County .”

Homebuyers are encouraged to experience the higher standard built by Michael Crews Development. Neighborhoods are currently available in Escondido , Bonsall, Vista and Fallbrook.

“We have a home for everyone from school communities, to prestigious hilltop homes, to quiet, country neighborhoods,” said Corinne Martinez, Michael Crews Development Sales Associate. “If you are looking for a friendly neighborhood with spectacular views, one of the beautiful homes at City Lights II in Escondido is a perfect choice, and you won’t find a better family-oriented neighborhood than Potter’s Creek.”

City Lights II consists of large, two-story hilltop homes maximizing an incredible view of downtown Escondido ’s twinkling lights. The homes have up to 3,704 square feet, with 5 bedrooms, 3 baths and attached 3 to 4 car garages. Prices start in the mid $800,000s. 

The quaint Potter’s Creek neighborhood is nestled in a quiet, cul-de-sac among Fallbrook’s rolling hills and avocado groves. Featuring one and two-story homes on a minimum of one half-acre lots, the homes offer ample room for privacy and yard space. Phase II of Potter’s Creek includes semi-custom floor plans ranging from 2,714 to 4,164 square feet, 4 to 5 bedrooms, 3 baths, and 3 to 4 car garages. Prices start in the upper $700,000’s.

Tours of model homes are available at Potter's Creek and City Lights II. A host is available to assist customers daily at both sales offices from 9 a.m. to 6 p.m. 

To get to City Lights II, from I-15, exit Valley Parkway heading West. Turn left on 11th Ave. Turn right on Sal Glen, and another right on Cal Glen. The Sales Office is on the right side of the road at the end of the cul-de-sac.

To get to Potter’s Creek in Fallbrook, from I-15, exit on Highway 76 West. Take an immediate right onto Old Hwy 395, and turn left on Reche Rd. Turn right on Fallbrook.

As one of San Diego 's 100 Fastest Growing Privately Held Companies, his company's reputation for building upscale, semi-custom homes is rapidly expanding. For the past five years, Builder magazine has named Michael Crews Development one of America 's Fastest Growing Builders. San Diego 's NORTH magazine named Michael Crews as one of the "Top 50 People to Watch", and according to the San Diego Business Journal, Michael Crews Development is a 2005 "Best Company to Work For" finalist. 

To learn more about Michael Crews Development, check out www.michaelcrews.com or call the sales office at 760-751-1212.