Taylor Morrison's Southern California Division Eyes Growth in 2012, Debuting Three New Home Communities by July

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New neighborhoods planned in highly sought after communities of San Juan Capistrano and Yorba Linda

California Homes for Sale by Taylor Morrison

In San Juan Capistrano, two collections of single-family detached homes at Campanilla at San Juan Hills will be built beginning in July, with the Artisan Collection offering 98 homes ranging from 1,80

"We see 2012 as an exciting year for our company and for southern California homebuyers," Bodem said. "Given the locations, the award-winning designs and the resurgence of the southern California housing market, the future is looking particularly bright."

Taylor Morrison's southern California division is banking on 2012 being a banner year for the company, as it makes headlines for two recent acquisitions in Orange County and plans for three new communities - all opening in the next six months.

The southern California home builder recently announced two large land acquisitions - a 143-lot purchase in the city of Yorba Linda and a 132-lot parcel in San Juan Capistrano. These two deals represent two of the largest land deals recorded in Orange County in recent months.

Taylor Morrison is not wasting any time readying product for their new communities, either. According to Division President Phil Bodem, the company plans on having six floor plans ranging from 2,200 to 2,600 square feet available for the May 2012 grand opening of Palisades at Vista Del Verde in Yorba Linda. Prices for the community are expected to range from the $580,000's to the low $600,000's, he said.

In San Juan Capistrano, two collections of single-family detached homes at Campanilla at San Juan Hills will be built beginning in July, with the Artisan Collection offering 98 homes ranging from 1,800 to 2,700 square feet, and the Villa Collection offering 32 homes that will range from 2,600 to 3,100 square feet. Prices for both collections have yet to be determined.

Finally, award-winning architect Robert Hidey's home designs will grace the third community opening in 2012, when Taylor Morrison's Vista Del Mar debuts in Carlsbad with 37 single-family homes ranging from 1,900 to 3,000 square feet in May 2012. Prices at Vista Del Mar, which offers distant views of the Pacific Ocean, are expected to range from the high $500,000's to the high $600,000's.

"We see 2012 as an exciting year for our company and for southern California homebuyers," Bodem said. "Given the locations we've been able to secure, the award-winning designs we're planning to build and the resurgence of the southern California housing market, the future is looking particularly bright."

For more information on Taylor Morrison and its southern California neighborhoods, please visit http://www.taylormorrison.com.

About Taylor Morrison
Taylor Morrison was named the No. 1 private homebuilder in the United States in 2010 and 2011 by Builder magazine and builds a wide range of product for discerning home buyers across the country. With more than 130 communities in Arizona, California, Colorado, Florida and Texas, Taylor Morrison offers first-time, mid-market and mid-to-upscale housing in both master-planned communities and urban infill neighborhoods. The company also operates one of Canada’s largest homebuilding companies, Monarch, in Ontario, Canada, where it builds single-family homes and high-rise condominiums in Toronto and Ottawa. For more information, visit http://www.taylormorrison.com.

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