Community News Press Release

Olson Homes Builds Affordable Homes People Want

August 11th, 2010

Mosaic Walk and Heritage Walk outsell the competition by building homes that offer value and quality and keeping prices realistic

GARDEN GROVE, CA. (OCREGISTER) August 11, 2010- Affordable new home builder, The Olson Company, has two of the top selling communities in Orange County. Mosaic Walk, a 3-story LEED Certified Green townhome community of just 78 homes and Heritage Walk in Fullerton with 34 homes to be built . The two communities have been selling steadily despite what has been considered an economically tough housing market. The reason for such brisk sales has been that Olson Homes saw a need to create new and entry level priced housing to satiate the pent up demand for affordable housing in Orange County. Both new home communities offer new homes with pricing that starts from the high $200,000s to the mid $300,000s.

Mosaic Walk is located within the International West entertainment district in Garden Grove. International West is Garden Grove’s premier resort destination, offering top-rate hotels and popular dining places within a modern, upscale environment. Mosaic Walk’s townhomes are of contemporary design and are currently under construction adjacent to the sold out Lotus Walk community also built by Olson Homes. Mosaic Walk is located off Harbor Boulevard and Palm Street and is situated near many of the area’s most desirable restaurants, nightlife, shopping and entertainment.

First time homebuyers wanting to live in Orange County will find that Mosaic Walk’s spacious floorplans range in size from 1,294 square feet to 1,791 square feet. The homes offer up to four bedrooms and four bathrooms and include attached two-car garages. With prices set from the mid $300,000s, Mosaic Walk offers an exceptional value for new housing in Orange County and due to limited supply, new home sales at Mosaic Walk have already sold out the first phases.

Another new housing success story is Heritage Walk, located just blocks from Fullerton’s historic downtown district and the city’s popular Metrolink station, as well as next to Richman Elementary school. The Heritage Walk community will feature three stylish floor plans that range from 1,325 to1,450 square feet and offer three to four bedrooms. These homes will incorporate Spanish design elevations that compliment the existing neighborhood and surrounding community. Heritage Walk caused quite a stir when it sold more than half of the available homes in it’s first weekend. This community is now selling in the final phase and is expected to be sold out by the end of August.

“Both communities are really unique unique in that they offer homebuyers a chance to live in the middle of everything Southern California has to offer. The market for affordable housing in Orange County is extremely under-served. Both Mosaic Walk and Heritage Walk are designed to fill that void and offer an in-town lifestyle within reach of moderate income households.” said Michelle Johnson, VP of Sales and Marketing for The Olson Company.

This weekend only, both communities are offering a pair of FREE MOVIE PASSES to the first 20 visitors at each of the communities. Offer ends, August 15th, 2010.

To join the interest list and get more information about these affordable New Homes in Orange County visit Mosaic Walk or Heritage Walk.

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 and Mosaic Walk are registered trademarks of The Olson Company and In-Town Living, Inc.

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