Acreage deal breaks Tejon Ranch impasse

Acreage deal breaks Tejon Ranch impasse

There are 1 comment on the Daily Breeze story from May 9, 2008, titled Acreage deal breaks Tejon Ranch impasse. In it, Daily Breeze reports that:

A vast expanse of classic California landscape in mountains north of Los Angeles would be preserved as wilderness under an agreement in which five major conservation groups will not oppose plans to build ...

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Happy Homeowner in SB

Los Angeles, CA

#1 May 9, 2008
I wonder if they will be able to sell these homes at a level to realize any profit. Potential homeowners are continuing to sit on the sidelines and watch prices continue to drop.

The developers may need to price them below $250K and sell to lower income folks.

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