Seal Beach, CA. – January 26, 2012 – Olson Homes, Southern California’s leading developer of in-town living, announces recently released affordable flats in its new, stylish Citrus Walk community, located in Covina’s quaint downtown area. Demand is anticipated to be high for these flats, one of few affordable options currently available in Southern California.

Olson is offering 8 of its 12 single level flats as moderate-income affordable housing units. With prices starting at $240,400, these flats are $70,000 and $80,000 below market rate for comparable homes of this size and spec level, and monthly payments will be comparable to rent in the area.

“As redevelopment agencies go through re-structuring and have limited access to funds, affordable housing will become increasingly rare,” said Scott Laurie, President of Olson Homes. “Olson Homes is proud to build communities that fill cities’ needs and help make dreams come true. These flats are an incredible opportunity for moderate income families that are renting now, looking for their next step.”

Positioned over the new Olson retail storefronts in Covina’s revitalized downtown, the 8 affordable flats offer up to 1,311 square feet, 2-3 bedrooms and offer single level living above a 2-car garage. The flats, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tankless water heaters, and built-in recycle bins, among many other features.

The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to today’s homebuyer. The Olson Company has garnered prestigious Eliant Awards for homeowner satisfaction, including a recent overall win for Mosaic Walk, which was in first place from almost 900 nationwide home communities. 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 creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program.

For more information on the City of Covina’s affordable housing program, and how to apply and join the interest list, please visit CitrusWalk.com. To qualify, families need to have incomes in the moderate-income range, as determined by the California Department of Housing and Community Development (HCD).

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, California, 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.

SEAL BEACH, CA. – The Olson Company, the leading developer of in-town urban living, announces plans for two new residential communities in the Los Angeles area. Closing on two plots in the areas of Westchester and El Segundo for the planned communities of “Gateway Walk” and “Pacific Walk“, Olson plans to complete construction by 2012.

Olson Homes plans to create a 14 unit single family detached residential community in Westchester, with homes between 1,800 and 1,821 sq. ft., featuring 3 bedrooms with additional loft space, 2.5 baths, and 2 car garages. The new El Segundo community will consist of 12 attached townhomes, ranging in size from 1,597 to 1,622 sq. ft., with 3 bedrooms, 2.5 baths, and 2 car side-by-side or tandem garages.

Expected to be completed in 2012, both new home communities will offer desirable commutes to the nearby employment centers in the South Bay – including Los Angeles, Hawthorn, Manhattan Beach, and Marina Del Rey, as well as close proximity to the nearby beaches, and many retail, dining and entertainment options. With simultaneous construction, potential home owners interested in the South Bay will have the choice of townhome or single family detached living.

The homes, built to exceed LEED green living standards, will include energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.

“Olson Homes looks forward to building competitively priced homes in the Westchester and El Segundo communities, our fourth and fifth communities in the South Bay area,” said Steve Olson, Chairman/CEO of The Olson Company. “The new communities will create jobs and fill a need for affordable housing in the area, as well as further underscore our commitment to building in ‘walkable’ areas.”

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.

To learn more about Olson Homes please visit www.OlsonHomes.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, California, 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. – December 15, 2011 – Olson Homes, Southern California’s leading developer of in-town living, has created an innovative online home design studio, making design decisions “simple and fun” for today’s homeowner and homebuyer.

The Olson Style Studio, powered by Studio Chateau, offers the homebuyer immediate and easy access to pick and choose the features and options for structure, design, and other elements that are available for their new home once escrow is closed. The Studio provides an important step in envisioning and planning what the new home will look like; a user can view community information, look through a detailed catalogue of available options, and create a wish list of amenities.

Each of Olson Homes’ community sites is carefully selected for the availability of amenities and proximity to entertainment and culture. Now, Olson homeowners and homebuyers can view all of the restaurants, landmarks, and offerings in their community, complete with comprehensive descriptions.

In addition, each community has an interactive floor plan and offers a tour of the model homes, as well as an “i-postcard” feature that enables a user to send their new home or home they are wishing for directly to a friend, letting them know about the community they have just visited or are moving into. All features are easily accessible through the Olson Homes homepage, as well as the individual community sites, which also offer local news and events to continue to connect Olson homebuyers with their local communities.

“Customer satisfaction is a cornerstone value to Olson Homes, and through these online experiences we endeavor to provide our homebuyers and potential homebuyers with the easiest and most comprehensive way for them to choose the features in their house, helping to ensure it truly is their dream home,” said Steve Olson, Chairman/CEO of The Olson Company.

The Style Studio features include:
Comprehensive community information to welcome a potential homebuyer
A complete selection of home options, with detailed choices for everything within the home, from structural, electrical, plumbing and appliances, to countertops, closets, cabinets and doors.
A “Design it Yourself” feature that lets one create a placement diagram, allowing for simple “drag and drop” placement of design and options onto a floor plan.
A simple order form that offers easy access to pricing and subtotals.
A wish list for placing options to think about and review later.

The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to today’s homebuyer. The Olson Company has garnered prestigious Eliant Awards for homeowner satisfaction, including a recent overall win for Mosaic Walk, which was in first place from almost 900 nationwide home communities. 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 creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program.

There are still homes available in Olson Homes’ newest community in Covina, Citrus Walk. The Citrus Walk sales center is located at 158 Italia Street Covina, CA 91723. To learn more about Citrus Walk, the Olson Company online tools, and how you can own new now, please 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, California, 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.

Derived from a monthly survey that NAHB conducts, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.”

Olson Homes has experienced a positive uptick over the last month as well: the highly popular and recently award-winning community Mosaic Walk (Garden Grove) has closed or is in escrow on all but 5 homes in the community; Rio Walk (Montebello) has 3 unsold units, Willow Walk (Compton) is 100% sold out, and Heritage Walk (Fullerton) is entirely sold out as well.

There are still homes available in Olson Homes’ newest community, Citrus Walk, and Olson Homes will be opening 8 new communities in 2012.

Citrus Walk is The Olson Company’s fifth new urban living residential development in the Covina area. The Citrus Walk community offers 37 townhomes and 8,000 square feet of new retail space along downtown Covina’s Citrus Avenue, with 12 flats over the new retail storefronts. The townhomes, each with approximately 1,610 square feet and three stories, have 3 bedrooms, 2 baths and 1-2 powder rooms, and 2-car garages.

The homes, built to exceed LEED green living standards, feature energy efficient amenities including Energy Star appliances; water efficient and lead-free faucets; highly water efficient toilets; auto shut-off motion sensors in all baths, space saving tank-less water heaters, and built-in recycle bins, among many other features.

The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to making the homebuyer top priority. The Olson Company has garnered prestigious Eliant Awards for homeowner satisfaction, including a recent overall win for Mosaic Walk, which was in first place from almost 900 nationwide home communities. 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 creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program.

The Citrus Walk sales center is located at 158 Italia Street, Covina, CA 91723. To learn more about Citrus Walk and how you can go take advantage of this opportunity to own new now, please 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, California, 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.

Olson Homes announces a community wide Hot Deals Event this weekend at four of its top selling new home communities.

Seal Beach, CA (PRWEB) November 16, 2011 – At Rio Walk in Montebello, homebuyers can take advantage of great savings at Rio Walk’s 48-hour Sale, so popular with homebuyers, the sale has been held over for another weekend. Olson Home’s Rio Walk community is popular with home shoppers looking to be close to their jobs in LA . The Rio Walk Sales Center, located at 947 S. Bluff Road, Montebello, CA 90640, will be open from 10am to 5pm. Visitors can take advantage of incredible deals including up to $20,000 off of new townhomes loaded with modern features and community amenities, located just 8 miles from downtown Los Angeles.

The Hot Deals continue this weekend at Mosaic Walk in Garden Grove where the very last phase has just been released and soon will be sold out. Just announced closeout prices at Mosaic Walk have resulted in huge savings for homebuyers of up to $20,000. Mosaic Walk is located at 12848 Palm Street #4 Garden Grove, CA 92840, and is open from 10am to 5pm.

The savings continue at the newest Olson Homes community, Citrus Walk in Covina. Fresh Deals are abound at this conveniently situated new home community. Live here and park the car. At Citrus Walk homeowners walk everywhere. Visit a walking-close restaurant, café, bakery or even Starbucks. Get fresh produce at the Farmer’s Market right around the corner. Citrus Walk is open from 10am to 5pm and is located at 137 E. Italia Street, Covina, CA 91723.

The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to making the homebuyer top priority. 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 creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program.

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, California, 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 homebuyer.

The Rio Walk townhomes have up to 1,774 sq. ft. and up to 4 bedrooms, from the high $200s with a 3% broker co-op. The LEED-certified homes offer several green and stylish design features, as well as extensive personalization options, to make your home truly your own.

“The Rio Walk homes are an exciting opportunity to live close to the heart of the new downtown LA at an affordable price,” said Scott Laurie, COO of The Olson Company. “We are excited to offer this weekend sale to assist buyers in realizing their dream of home ownership.”

Rio Walk is conveniently located near Los Angeles hotspots: stimulating nightlife, boutique shopping, entertainment, culture, museums and more. The community features panoramic mountain views and pretty, tree-lined streets with bike trails — just the hometown feel you’ve always dreamed about. Put it altogether and it’s Montebello charm with an L.A. vibe — the ultimate combination for today’s busy lifestyles.

The Olson Company’s numerous successful urban living developments across Southern California over the last 22 years reflect its commitment to making the homebuyer top priority. 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 creating these communities, The Olson Company understands all that goes into buying a new home and provides ongoing tailored services to support the needs of its homeowners, including financial education and the exclusive Homeowner Champion Program. Additional communities now selling include Mosaic Walk (Garden Grove), Heritage Walk (Paramount), Willow Walk (Compton) and Citrus Walk (Covina).

The Rio Walk Sales Center is located at 947 S. Bluff Road, Montebello, CA 90640. For more information about Rio Walk, please visit riowalkhomes.com or call 323-720-9112.

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, California, 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.

Paramount, CA (PRWEB) September 15, 2011 – Heritage Walk in Paramount announced today that they are releasing two affordable units priced below market value. The affordable pricing is being offered through City of Paramount’s Affordable Program. Heritage Walk is a new home community of 17 single family homes currently under construction 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 offers homebuyers 3 bedrooms, 2.5 baths, attached 2-car garages, private rear yards, and square footage from1,302 s.f.

The affordable pricing is based on a below market rate sales price of $234,990. Income and other restrictions apply. Buyers must qualify for the Affordable Housing Program through the City of Paramount. Homebuyers can learn more about the program by visiting Heritage Walk. Sales Counselors at Heritage Walk have been busy assisting potential homeowners on how to apply for the program. Home shoppers are encouraged to apply in person or visit the heritagewalkparamount.com website for complete details. To get the monthly payment of $1,775*, Heritage Walk is using an interest rate of 4.250%, with an APR 5.105%, and requires a total down payment due at the close of escrow of $8,260. The $1,775 monthly payment Includes principle, interest, taxes, insurance, and HOA fees. Certain income restrictions apply.

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’s new home prices start in the mid $200’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.

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.