Newlyweds and young professionals wanting to live the American Dream of being a homeowner in these challenging economic times should look no further than Heritage Walk Paramount. The Olson Company is offering special incentives to first time buyers – only two affordable housing cost units are left in this cozy tree-lined neighborhood.
Heritage Walk is a new home community of 17 single family residences in Paramount that captures the city’s small-town feel and appeals to a variety of lifestyles and families seeking the right mix of extra space and privacy. Heritage Walk is conveniently located near four major freeways, the Los Angeles International Airport, the ports of Long Beach and Los Angeles and provides easy access to both downtown Los Angeles and Orange County. The community is ideally located just minutes from the area’s most exciting restaurants, nightlife, shopping, recreation, and entertainment.
The two “affordable housing cost” units currently available are priced at $234,990; compared to the market rate homes at $290,000 – $310,000. Located on a cul-de-sac, both of these Spanish architectural units are LEED certified and offer 3 bedrooms, 2.5 baths, 1,302 sq. ft.
Applicants must be first time home buyers, by virtue of not owning a residence within the last three years. Buyers can purchase with FHA financing with as low as 3.5% down. Income restrictions and deed restrictions apply. Buyers must qualify for the program through Bank of America and the City of Paramount.
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to the homebuyer as top priority. With its notable homeowner satisfaction, The Olson Company has garnered prestigious Eliant Awards in six categories, including a number one ranking for the “Design Selection” experience, and second for delivering an incredible experience during the Purchase, Construction, and Customer Service phases, and ranked second for “Overall Quality” and “Sales from Referrals.” Further information about Olson Homes, including the Heritage Walk Paramount and Citrus Walk Covina properties, can be obtained online at Olsonhomes.com.
Heritage Walk Paramount | Model Grand Opening May 14th
Covina, CA – May 04, 2011 – Homebuyers can now get their first look at Heritage Walk’s new homes in Paramount. The Heritage Walk Model Grand Opening Event takes place on Saturday, May 14th. The Country Fair event festivities promise music, food, and fun for the whole family starting at 11:00AM with events through 3:00PM.
Heritage Walk is a new home community of 17 single family homes to be constructed in Paramount by The Olson Company. The community is being built to provide affordable and market rate, LEED Certified, Spanish architectural homes to the residents of Paramount. Heritage Walk will offer 3 bedrooms, 2.5 baths, attached 2-car garages, private rear yards, and all plans have 1,302 sq. ft. of living space.
Heritage Walk’s cozy tree-lined neighborhood captures the city’s small-town feel and appeals to a variety of lifestyles and families seeking the right mix of extra space and privacy. As a gateway to Los Angeles County, Heritage Walk is conveniently located near four major freeways, the Los Angeles International Airport, the ports of Long Beach and Los Angeles and provides easy access to both downtown Los Angeles and Orange County. The community is ideally located just minutes from the area’s most exciting restaurants, nightlife, shopping, recreation, and entertainment.
Heritage Walk is where life is paramount.
New home prices are set from the high $200,000’s. Heritage Walk is located at 15542 Orange Street, Paramount, CA 90723. To learn more about Heritage Walk visit HeritageWalkParamount.com.
About The Olson Company – Founded in 1988, The Olson Company is California’s leading developer of innovative and affordable in-town communities in established neighborhoods. The Olson Company creates uniquely designed communities which redevelop and enhance neighborhoods utilizing transit-oriented developments, live/work, mixed use developments, brownstones, single family attached and detached homes in partnerships with cities and other agencies.
Headquartered in Southern California with communities throughout the state, Olson is a recipient of America’s “Builder of the Year.” Further information about Olson Homes can be obtained online at Olsonhomes.com.
Sales Center Now Open, Marking First Milestone for New Community; Development to Offer Affordable, LEED Certified Townhomes and Flats for First-Time Homebuyers
COVINA, CA. – April 26, 2011 – The Olson Company, the leading developer of in-town urban living, is kicking off its newest residential community, Citrus Walk, with the opening of its sales center. Located in the heart of downtown Covina, Citrus Walk will offer affordable, LEED Certified homes that give residents and first time home buyers the opportunity to purchase innovatively designed homes that suit their active, urban lifestyles and their budgets.
The sales center will celebrate its opening with a local community event on Saturday, April 30 from 11am until 2pm. The opening festivities will include delicious dishes from the popular local restaurant, Taste of Texas, and great giveaways for attendees including iPads, gift cards and more. The popular radio station home to Ryan Seacrest, KIIS FM, will also be hosting “Manny on the Street” at the center from 3pm-5pm.
Citrus Walk is The Olson Company’s fifth new urban living residential development in the Covina area. The Citrus Walk community will offer 37 townhomes, 8,000 square feet of new retail along downtown Covina’s Citrus Avenue. Citrus Walk will offer 12 flats over the new retail storefronts. The townhomes will be 2-3 bedrooms, 2.5 baths, 2-car garages.
“The new Citrus Walk community embraces innovative architecture, the latest in ‘green’ home design and will integrate a new and refreshing urban lifestyle element to Covina’s downtown,” said Steve Olson, Chairman/CEO of The Olson Company. “As the fifth new home development here in the Covina area, The Olson Company is honored to be able to contribute a tailored development that will embrace the best of the area and also help it continue to thrive. We have worked with the City of Covina for many years now, and are thrilled to be kicking off this latest project in partnership with them.”
The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to the homebuyer as top priority. With its notable homeowner satisfaction, The Olson Company has garnered prestigious Eliant Awards in six categories in 2010, including a number one ranking for the “Design Selection” experience, and second for delivering an incredible experience during the Purchase, Construction, and Customer Service phases, and ranked second for “Overall Quality” and “Sales from Referrals.” The Olson Company believes in “livability”, and implements a thoughtful and detail-oriented approach from concept through execution. As part of their unique approach to providing these communities, The Olson Company understands all that goes into buying a new home and provides tailored services to support the needs of homebuyers, such as financial education and continued support services.
Citrus Walk is located at 158 Clementine Court Covina, CA 91723. To learn more about Citrus Walk visit CitrusWalk.com.
About The Olson Company
Established in 1988, The Olson Company and the Olson Homes brand are nationally recognized for creating unique in-town neighborhoods in urban communities throughout California. Headquartered in Seal Beach, Calif., The Olson Company has successfully partnered with governmental agencies and private landowners to create innovative housing solutions designed to fulfill the lifestyle needs of today’s buyer. The company works diligently with community and neighborhood groups to build a high level of awareness and broad-range community consensus around its neighborhoods. The Olson Company was awarded the prestigious “Builder of the Year” award by Professional Builder Magazine and the National Association of Home Builders.
Seal Beach, CA (Vocus/PRWEB) April 13, 2011 – It happens this time every year. Thousands of landlords across the southland send notification to their tenants that an increase of up to 10% will be added to their current monthly payment for rent. While a common reaction will be to just bite the bullet and renew at the higher payment, many smart homebuyers are weighing the option of making a home purchase instead. For those individuals, Olson Homes is offering 6 new home communities with payments comparable to what the landlord wants for rent. Michelle Johnson VP of Sales and Marketing for the Olson Company points out “With landlords raising rents again, many renters are considering home ownership as a way to control costs”
“But looking for a great loan just got a bit harder” said Michelle Johnson remarking on the recent FHA move. “One of the best loan programs out there today is from FHA, which allows buyers to purchase a home with only 3.5% down combined with flexible guidelines. However, with two critical FHA guidelines about to change, securing these loans will become increasingly difficult. Financial institutions are urging homebuyers who plan to take advantage of FHA financing to lock in their purchases now before the changes take effect later this month. This is why Olson Homes is trying to educate buyers on the value of home ownership over renting.” Michelle also points out that Olson Homes understands what today’s young buyer is looking for and builds communities based on today’s lifestyle values.
Adding to the challenge is a second change the FHA will be rolling out this month. “The FHA is severely limiting the number of loans they will allow in a condominium community to only 30%, which means the FHA is anticipating that they will be running out of loans before the summer even begins” says Ruby Johnson, VP of DRE/Escrow for Olson Homes. “With only a finite number of cases available many home shoppers will have to go with higher cost conventional financing. When the money runs out, most buyers will need to put 10%-20% down for conventional financing.” In this economy, that may put potential homeowners out of the market and right back into the rental market. The choices are either pay the rent increase or move again in search of an affordable alternative.
Many worry that with interest rates set to rise, with that in mind, they are moving forward with a home purchase now rather than wait. This way they are locking in an interest rate below 5%, making their monthly payments comparable to what they were paying in rent.
With 6 great new home communities located throughout Southern California, Olson Homes has a new home community perfect for young urban lifestyles designed to help kick the rental habit.
Olson Homes is currently helping new homebuyers fire their landlords with the following communities: Mosaic Walk in Garden Grove, from the low $300,000′s, Rio Walk in Montebello, California priced from the 290,000′s, Willow Walk in Compton, California priced from the mid $200,000′s, Sycamore Walk in Garden Grove, California priced from the mid $400,000’s, Citrus Walk in Covina, California now forming an interest list with new townhomes and flats from the mid $300,000′s, and Heritage Walk in Paramount, California offering new single family detached homes from the high $200,000′s.
To learn more about these Olson Homes communities, visit OlsonHomes.com/smartbuy.
COVINA, CA. (PRWEB) March 11, 2011 – Groundbreaking ceremonies are set to take center stage this week at Olson Home’s Citrus Walk in Covina. Citrus Walk is a new home community to be constructed in the heart of Downtown Covina by The Olson Company. The community is being built in partnership with the Covina Redevelopment Agency to provide affordable, and market rate, LEED Certified homes to the residents of Covina. The community will offer 37 townhomes, 8,000 SF of new retail along Downtown Covina’s Citrus Avenue. Citrus Walk will also offer 12 flats over the new retail storefronts. Citrus Walk will offer 2-3 bedrooms, 2.5 baths, 2-car garages, and square footage ranging from 1,262 s.f. – 1,744 s.f.
Attendee’s expected to be on hand for the event include City Council Members and the Covina Redevelopment Agency Board. In attendance will be Honorable Mayor Peggy Delach, Honorable Mayor Pro Tem John King, Honorable Council Member Walter Allen III, Honorable Council Member Kevin Stapleton, Honorable Council Member Bob Low, and Daryl Parrish, City Manager. Also attending are Covina City Staff Members Robert Neiuber, Deputy Executive Director, Covina Redevelopment Agency, and Lisa Brancheau, Redevelopment Manager, Covina Redevelopment Agency. Elected Officials will be present for the golden shovel ceremony include Senator Edward Hernandez and Assemblyman Roger Hernandez.
Steve Olson, Chairman/CEO of The Olson Company will be presenting awards to the Covina Redevelopment Agency. Eric E. Everhart, Vice President of Development at The Olson Company praises the Covina Redevelopment agency in bringing the project to the historic downtown said “Citrus Walk incorporates inspired architecture and innovative design to capture the history, passion, and heart of the wonderful City of Covina. Without the inspired leadership of Covina’s City Council, Planning Commission and dedicated City Staff, this new development would have never been possible. Citrus Walk will bring the ultimate in true in-town living to Covina’s downtown.”
New home prices at Citrus Walk are expected to start in the mid $300’s. Citrus Walk is located at 158 Clementine Court Covina, CA 91723. To learn more about Citrus Walk visit CitrusWalk.com.
Olson Homes Sycamore Walk launches new website to build the Interest list for it’s VIP Pre-Sales Event set for December 18th
Garden Grove, CA (Vocus) December 10, 2010
Sycamore Walk announced today that a VIP Pre-Sales Event will take place on Saturday, December 18th. The event will allow potential homebuyers to cut to the head of the line and be the first to choose the exact home site and floor plan they want to buy before sales are open to the general public. Because Sycamore Walk is a limited edition of just 12 single family detached homes, all interested homebuyers will need to visit the sales office and get pre-qualified. Being early has other advantages such as choosing cabinets, selecting flooring and other custom touches to make the homes more personalized. Homebuyers are encouraged to register online at Sycamore Walk to get on the interest list and learn how to become a VIP.
“Sycamore Walk is really unique in that it offers homebuyers a chance to live in the middle of everything Southern California has to offer. Sycamore Walk homebuyers will be limited to competing for just 12 homes, that is why the VIP Pre-Sales event is designed to give homebuyers the opportunity to get in early and not be disappointed.” said Michelle Johnson, VP of Sales and Marketing for The Olson Company.
To join the interest list and get more information about Sycamore Walk’s New Homes in Garden Grove visit the Sycamore Walk website .
About The Olson Company
Founded in 1988, The Olson Company is California’s leading developer of innovative and affordable In-town communities in established neighborhoods. The Olson Company creates uniquely designed communities which redevelop and enhance neighborhoods utilizing transit-oriented developments, live/work, mixed use developments, brownstones, single family attached and detached homes in partnerships with cities and other agencies.
Headquartered in Southern California with communities throughout the state, Olson is a recipient of America’s “Builder of the Year.” Further information about Olson Homes can be obtained online at Olson Homes. Sycamore Walk™ is a registered trademark of The Olson Company and In-Town Living, Inc.
Readers of this blog may be interested in our newest single family detached community Sycamore Walk in Garden Grove. We are very excited about this great new home community and wanted to share the news with you.
Anticipation is building for the arrival of this very special new home community in Garden Grove. You have seen the signs, maybe even visited us here online, but no pricing or any other announcement of availability has been released until now. This very limited supply of just 12 single family detached homes will be priced from the high $300s.
Sycamore Walk will officially begin accepting applications this Saturday, December 4th, for our VIP Event when we go to sale on December 18th.
Excited home buyers have been registering online, but to actually get to become a Sycamore Walk VIP, you need to stop by the sales office this Saturday and submit your application. We encourage everyone to get their names on the VIP list early in order to be first in line in obtaining one of just 12 home homes to be built.
Save the date and see you on Saturday!
PRESS RELEASE | COMPTON, CA October 1, 2010
There may never be a better time to jump into homeownership for first time homebuyers. Current interest rates are now hovering at or below 4.5% and can’t get much lower. Home prices are at historical lows too, making it possible to get a home mortgage payment at about what many people are paying for rent. For those still on the fence on whether homeownership is right for them or even if they can financially afford it, there is a great event coming to Olson Home’s Willow Walk in Compton Saturday October 2nd. Potential homebuyers can come meet current Willow Walk Homeowners and listen to them share their new home buying experiences. The Willow Walk Sales and mortgage team will be available to educate buyers about the home buying process, City of Compton’s downpayment assistance program, pre-qualify them for a home loan, and give anyone who comes to the event a free credit report. Those who purchase a home this weekend will receive a free upgraded gourmet kitchen.
At over 85% sold out, Willow Walk is home to over 100 happy families. Many of them never dreamed that homeownership was even within reach, but happily found that Willow Walk was not only affordable, it was a great community near transit, great shopping, and so many new and exciting improvements going on in the city that visitors commonly say they cannot believe that this is the same Compton they grew up hearing about. Current homeowners are so pleased and happy with their new home purchase, many have agreed to share their stories publicly on behalf of the community by appearing on billboards, testimonial videos, and even heard on KJLH.
You can visit Willow Walk on October 2nd for the Take Ownership Event and meet the homeowners personally, or visit the Willow Walk website to watch videos featuring actual homeowners tell their stories and learn more about the event.
About The Olson Company Founded in 1988, The Olson Company is California’s leading developer of innovative and affordable In-town communities in established neighborhoods. The Olson Company creates uniquely designed communities which redevelop and enhance neighborhoods utilizing transit-oriented developments, live/work, mixed use developments, brownstones, single family attached and detached homes in partnerships with cities and other agencies.
Headquartered in Southern California with communities throughout the state, Olson is a recipient of America’s “Builder of the Year.” Further information about Olson Homes can be obtained online at Olsonhomes.com. Willow Walk™ is a registered trademark of The Olson Company and In-Town Living, Inc.
Olson’s Model Home Interior Designers lend a decorating hand to new homebuyers who then take the design advice on a $1,000 home decoration shopping spree
SEAL BEACH, CA. (PRWEB) September 15, 2010 – Who hasn’t at one time or another visited new model homes to get inspired by all the great home design ideas abound in every room? You see a great piece of art. That perfect lamp. That great little wall treatment. Everyone wants to have their new home look like a model, but once you move in and are surrounded by all those blank walls staring back at you, it can be a bit overwhelming. That’s why Olson Home’s model home design team will be sharing their tricks of the trade to guide homebuyers through the proper use of space, color, and how to arrange their existing furniture for a fresh new look. Olson Homes is offering this Model Home Design bonus available on select new homes through the month of September. To put all that great design advice to work, Olson Homes is giving a little design help by way of a bonus $1,000 gift card for a home decoration shopping spree.
This New Home Design assistance offer is available at Mosaic Walk™ in Garden Grove, Rio Walk™ in Montebello, and Willow Walk™ in Compton. New homebuyers that purchase in September will get Olson Homes very own model home designers to work specifically for them. They will assist homebuyers to help create that much desired model home feel.
Homebuyers will get a free Interior Home Design Consultation plus a $1,000 gift card good at select home design stores to splurge on making that new home a showcase. The Designer Package and Customized Planner Includes: 3 personal design consultation appointments, CAD Interior Space and Furniture Plan, Color Palette, Color swatches, Interior design recommendations, Paint color recommendations, Window treatment ideas, Home decor shopping and design tips, and of course a $1,000 gift card for a homes design shopping spree at a home design store such as Bed, Bath and Beyond.
Since fall is the season for looking inward and sprucing up the home for the upcoming holidays, Olson Homes is having a Dine and Design Event on Saturday, September 25th from 12-3. Olson will have their professional interior model home designers on site at all three of these communities to answer any questions about model home decor, how to make the most of your space, where to buy furniture like you find in our model homes, how to select the best paint color choices for the home, and so much more! Free lunch will be provided at all three communities by the now famous Kogi Gourmet Food Truck.
To learn more about the Dine and Design Event and the special Interior Home Design special offer, visit our community websites: Mosaic Walk™ in Garden Grove, Rio Walk™ in Montebello, and Willow Walk™ in Compton.
|About The Olson Company|
Founded in 1988, The Olson Company is California’s leading developer of innovative and affordable In-town communities in established neighborhoods. The Olson Company creates uniquely designed communities which redevelop and enhance neighborhoods utilizing transit-oriented developments, live/work, mixed use developments, brownstones, single family attached and detached homes in partnerships with cities and other agencies.
Headquartered in Southern California with communities throughout the state, Olson is a recipient of America’s “Builder of the Year.” Further information about Olson Homes can be obtained online at Olsonhomes.com. Willow Walk™ and Mosaic Walk™, and Rio Walk are registered trademarks of The Olson Company and In-Town Living, Inc.
LOS ANGELES, CA. (PRWEB) August 9, 2010 – An oasis awaits new homebuyers at Willow Walk in Compton. Designed to blend seamlessly with the City of Compton’s vibrant new attitude, the gated community of Willow Walk is now in the final phase of a it’s 124 spacious townhomes. The larger home floorplans of 1,506 sq. ft. are all that remain which is a perfect size for a growing family. There’s much more to calling Willow Walk home. A neighborhood park adds to the warm sense of community, providing the ideal place for afternoons of playtime or mingling with new neighbors. Those who are fortunate enough to make a home of their own here will live in a Compton that is better, newer and more dynamic. The city is actively bringing in much needed new shopping and entertainment into the area. This is not your father’s Compton. Willow Walk homeowners will have convenient access to a Metro Blue Line station next door to make commuting to work a breeze without ever getting into a car. Additionally, several new stores and restaurants will be located close to home. The city recently opened the Gateway Towne Center, a 500,000-square-foot mega-shopping center with a Target, Best Buy, and restaurants like TGI Fridays along with banks and other retail establishments situated only a few minutes from the community.
This friendly and gated community is having a summer party event called “Family Food Fair Sunday” at Willow Walk’s very own community park. The event marks the end of summer and the launch of the last remaining phase of affordable new homes at Willow Walk. Family Food Fair will be held this Sunday August 15th, from 12:00 to 3:00 PM. The KSCA-FM 101.9 prize van will there with a live remote while lending a fun and entertaining atmosphere to the event. Food Fair attendees will enjoy a free BBQ lunch from Barbie’s Q’ BBQ food truck and a tasty dessert offering from Get Shaved shave ice truck. Food trucks are the hottest things on wheels in L.A. and what better way to spend a Sunday in the park with free food and fun for the entire family.
With affordable pricing from only $245,990, these new homes are putting home ownership within reach of first time homebuyers.
New homebuyers who want to experience Willow Walk online can get a glimpse of this Hub-City, central, gated community through its virtual tour website at WillowWalkHomes.com. From offering a bird’s eye view of the community, viewing and furnishing floorplans, to checking out the photo gallery of model homes. The website transports site visitors on a virtual ride via the Metrolink Blue Line for a city tour; this interactive feature gives website visitors an opportunity to experience a day in the life of a Willow Walk resident before you ever visit. Log on today, select the home of your choice with the furniture of your choosing, hop on the Blue Line, and click on all the points of interest that that make Los Angeles, Hollywood, and Long Beach the most exciting destinations in the Southland. This fun-filled new virtual tool helps home buyers understand how good (and convenient) living at Willow Walk can be!
To experience this dynamic community online, visit WillowWalkHomes.com,
For more information on Willow Walk, please contact the Sales Office at (310) 609-1373. Better yet, join the fun at Food Fair Sunday August 15th.
About The Olson Company
Founded in 1988, The Olson Company is California’s leading developer of innovative and affordable In-town communities in established neighborhoods. The Olson Company creates uniquely designed communities which redevelop and enhance neighborhoods utilizing transit-oriented developments, live/work, mixed use developments, brownstones, single family attached and detached homes that are LEED certified in partnership with cities and other agencies.
Headquartered in Southern California with communities throughout the state, Olson is a multi-year recipient of America’s “Builder of the Year” award. Further information about Olson Homes can be obtained online at Olsonhomes.com.
Willow Walk is a registered trademark of The Olson Company and In-Town Living, Inc.
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