HOUSING MARKET STILL SLOW, BUT MANTEL COMPANY IS HEATING UP. Latest News

Southern California home prices soar in March

Southern California home prices surged in March to the highest level in nearly five years, as buyers competed for tight supplies, a research firm said Wednesday.

The median price for new and existing houses and condominiums jumped to $345,500, up 23.4 percent from the same period last year and the highest since reaching $348,000 in July 2008, DataQuick said. The median price rose by $24,500, or 8 percent, during one month alone.

"It's remarkable how much the housing scene has changed in a year," said John Walsh, DataQuick's president. "At this point in 2012 there were still plenty of folks sitting on the market's sidelines, waiting to be sure the recovery was real."

Gains were spread across all six counties in the region. The median price in Orange County, the region's most expensive, surpassed the half-million dollar mark in March, jumping 26.3 percent from last year to $505,000. San Bernardino, the least expensive, posted a 26.7 percent gain to $190,000.

There were 20,581 homes sold in the region in March, up 3.1 percent from a year earlier. It was the highest March sales tally since 2007.

Lack of inventory continued to hamper sales.

The California Association of Realtors reported Monday that its index of unsold inventory in the Los Angeles metropolitan area stood at 2.9 months in March, compared with 4.3 months a year earlier.

The figure represents how long it would take to sell all homes at the current sales clip. Supply in a normal market is considered to be five to seven months.

Los Angeles-area homes were on the market for a median of 38.3 days in March, down sharply from 57 days a year earlier, according to the Realtors group.

Foreclosed homes, which tend to sell at a discount, were a smaller part of the sales mix, lifting the median price for the overall market, DataQuick said.

Homes that were foreclosed during the previous year accounted for 13.9 percent of existing home sales in March, down from 31.5 percent a year earlier and down from 56.7 percent in February 2009.

Investor buying remained strong. DataQuick said absentee buyers — mostly investors and second-home purchasers — bought 30.6 percent of Southern California homes last month, up from 28.2 percent a year earlier and up from a monthly average of 18 percent since the San Diego-based research firm began keeping track in 2000.

Median Sacramento home price breaks $200,000 barrier for the first time in nearly five years

The median home price in Sacramento County jumped more than 31 percent in March compared with the same month last year and broke the $200,000 barrier for the first time since 2008, DataQuick reported this morning.

The county's $205,000 median price was the highest in nearly five years. It exceeded the median price in March 2012 of $156,000 and the median price in February of this year of $190,000, the San Diego-based information service said.

The continuing increase in the median is a product of the ultra-low inventory of homes for sale and strong demand from investors and traditional home buyers.

It's also a product of a shift in the market from low-priced investment properties and starter homes to more expensive move-up houses.

The volume of sales in March in Sacramento County was down by about 10 percent last month compared with the same month a year before, another result of the ultra-low inventory of homes on the market.

O.C. Homebuilding Projected to Soar

Orange County homebuilding will jump by nearly 41 percent in 2013 and by 21 percent more the year after that, an economic forecast released Wednesday predicted.

Developers are projected to pull permits to build 9,275 new houses, condos and apartments this year and 11,250 new units in 2014, according to an outlook by the Los Angels County Economic Development Corp.

If true, 2014 homebuilding should reach the highest level since 2002 and will be well above the average for the past two decades.

Builders here averaged 8,200 housing units a year since 1992. And Orange County homebuilding has at been near or above 12,000 units in just five of the past 20 years.

The corporation's prediction is far rosier than the outlooks of both Chapman University and Cal State Fullerton. Economists at the two universities predicted that Orange County homebuilding permits would be in the 6,200- to 6,300-unit range in 2013.

But Associate Economist Kimberly Ritter-Martinez said the corporation's outlook is based on gains seen last year, when Orange County building permits issued jumped 37 percent. Homebuilding here outpaced the growth in four other Southern California counties.

“Orange County has been going gangbusters in the latter half of 2012, and that’s were we felt the market was headed,” Ritter-Martinez said.

Orange County homebuilding also increased by bigger margins in 2010 and 2011, showing that the new-home recovery took off earlier here, Ritter-Martinez said.

Regionwide, Southern California homebuilders are projected to pull building permits for 34,300 units this year, a 45 percent increase over 2012 levels, the forecast said. And building permits are forecast to reach 49,500 units in 2014 – the most since 2007 and a 44 percent increase over 2013’s projected level.

The forecast said that the number of new homes for sale shrank to extremely low levels, helping to drive builders to boost construction. Rising prices for existing homes also is providing encouragement.

“New homes are increasingly able to compete on price with existing homes,” the forecast said.

The forecast also said that:

About 3,000 of the housing units built this year in Orange County will be single-family homes. About 6,000 will be multi-family units (either apartments or condos).
Single-family homebuilding in Orange County will reach about 5,000 units in 2014, with multi-family construction reaching around 7,000 units.
The value of nonresidential construction – offices, schools, medical buildings, etc. – will reach $1.6 billion in 2013, the highest value since 2007. Nonresidential construction values will rise to $1.8 billion in 2014. By comparison, nonresidential construction peaked at $2.4 billion in 2006.
Orange County construction jobs will rise to 71,000 full-time positions this year and to 77,200 positions in 2014. By comparison, construction employment rose to 106,600 jobs in 2006, then dropped to 67,500 last year.

Housing Packs Punch for U.S. Growth in 2013 and Beyond

The housing rebound is broadening to other parts of the U.S. economy and will likely lend impetus to growth through 2013 and beyond.

Climbing home prices are lifting household wealth and boosting the purchasing power of consumers. Declining mortgage delinquencies and foreclosures are buttressing bank balance sheets, giving them greater leeway to lend. And rising property-tax revenue is fortifying the finances of state and local governments, alleviating pressure on them to cut budgets.

“The housing recovery will kick into a higher gear as the year progresses,” said Mark Zandi, chief economist in West Chester, Pennsylvania, for Moody’s Analytics Inc. “We’re going to get a lot of juice from the channels” through which it affects other parts of the economy.

The spreading impact of housing will help the economy weather looming federal government spending cuts and tax increases and keep on growing. Rising residential construction and its knock-on economic effects will boost gross domestic product by about 0.75 percentage point this year, offsetting much of the drag from the fiscal squeeze, according to Zandi. He sees GDP growing at about 2 percent again this year.

Housing has helped lead the economy out of every recession since 1950 except for the last one in 2007 to 2009, according to data compiled by Bloomberg. Homebuilding climbed 12 percent in 2012, the first annual increase since 2005. As Americans move into new homes, they buy appliances and furniture, giving growth an added lift. Construction-equipment makers to paint- and building-materials businesses also benefit.

There are “pretty substantial” ancillary effects from housing, said James Bullard, president of the Federal Reserve Bank of St. Louis.

“It’s not just the guys that are putting the roof on the house,” he said in an interview in Washington on Feb. 1. “It’s the transportation associated with it, it’s the Realtor business, the lending business, all kinds of other businesses.

“The psychology has shifted,” he added. “Good things are happening.”

With housing finally starting to revive, the expansion may be ready to accelerate, said Michael Bordo, professor of economics at Rutgers University in New Brunswick, New Jersey.

Research by economists Karl Case, John Quigley and Robert Shiller found that changes in house prices -- and in real estate wealth -- have a much bigger impact on consumer spending than the ups and downs of stock prices and financial wealth.


Based on that just-published paper, Case reckons that consumption will be boosted $80 billion this year by the rise in house prices that has already occurred and expectations among homeowners of more to come.

Housing “has turned from a headwind to a tailwind” for the economy, said Case, who developed a series of house prices indexes with Yale University professor Shiller.

The S&P/Case-Shiller index of property values in 20 U.S. cities increased 5.5 percent in the year through November, the biggest gain since August 2006, according to data released on Jan. 29.

Rising prices and mortgage rates near a record low in the U.S. are triggering a wave of refinancing, especially bringing relief particularly to distressed homeowners. Underwater borrowers --or those who owed more on their mortgages than their houses were worth -- fell by almost 4 million last year to 7 million, and could drop to 4 million within two years, according to JPMorgan Chase & Co.

Delinquencies -- homeowners who are 90 days or more behind on mortgage payments -- fell to 5.9 percent of outstanding loans in the third quarter from 6.3 percent in the previous three months, according to the Federal Reserve Bank of New York. The July-September figure was the smallest in almost four years.

Foreclosure filings dropped 10 percent in December to their lowest level since April 2007, according to RealtyTrac, the Irvine, California-based online marketplace for foreclosed properties.

Reduced credit losses will help banks build up their capital and pave the way for stepped-up lending, Feroli said. That will have more of an impact into next year as demand for credit picks up, adding as much 0.4 percentage point to GDP, according to the former Fed economist.

“We’re sitting on tremendous liquidity in our industry,” Bank of America Corp. Chief Executive Officer Brian T. Moynihan told Bloomberg Television on Jan. 25. The Charlotte, North Carolina-based bank ranks second by assets among U.S. lenders.

State and local governments also are seeing their finances improve as their property tax take rises. Revenue from that source totaled $474.7 billion in the 12 months through September 2012, up 1.6 percent from the comparable period a year earlier, according to the Census Bureau.

“Housing could be a major story this year,” said Carl Riccadonna, a senior U.S. economist at Deutsche Bank Securities Inc. in New York, who estimates a $1 increase in home prices lifts consumer spending by 5 cents to 10 cents. “The housing recovery is gaining momentum. The sector has worked off its excesses.”

Homebuilders from Lennar Corp. (LEN) to D.R. Horton Inc. and PulteGroup Inc. in January reported that sales and orders climbed last quarter. Lean inventories of both new and previously owned homes, alongside rising purchases, bode well for construction and prices.

As “pent-up demand unwinds, homebuilders are gaining pricing power,” Stuart Miller, chief executive officer of the Miami-based Lennar, said on a Jan. 15 earnings conference call.

Michelle Meyer, a senior U.S. economist at Bank of America, in January raised forecasts for home prices through 2015. Property values will increase 4.7 percent this year, 7.7 percent in 2014, and 5.2 percent the following period, she estimates.

The various ripple effects from housing -- the industry that helped trigger the recession and is now the bright spot of the expansion -- will gather speed this year, Meyer said.

“It’s hard to fight the recovery in housing,” she said. “It has convinced a lot of non-believers, and is already adding to growth. 2012 was a good start to the housing rebound, which should persist and build momentum in 2013.”

More Americans leave parental nest in boost for housing

Americans are feeling increasingly confident in the future and more and more are striking out to set up their own homes, a move that is helping propel the housing recovery.

The deep financial crisis and recession of 2007-2009 kept many Americans from leaving their parents' nests and drove others back into them, putting a sharp brake on the pace at which new households formed.

Household growth averaged about 500,000 per year from 2008 through 2010 - less than half the rate seen at the height of the housing boom in the years just before that. The pace in 2010 was the weakest since 1947.

But the rate at which individuals or families are getting their own homes picked up over the past two years, underpinned by a steady if tepid economic recovery and gradual labor market gains. In 2011, households increased 1.1 million and they grew closer to 1.2 million last year.

"The rise in household formation bodes well for the housing recovery. Instead of having too many houses, we are turning to a situation where there aren't enough," said Guy Berger a U.S. economist at RBS in Stamford, Connecticut.

Indeed, housing has turned from the economy's sorest spot to its brightest, with new building activity at 4-1/2-year highs. Housing activity in turn spurs related areas like furniture.

That is because of people like Linna Chhean. After graduating from college in May 2007, she moved back in with her parents, helping out in a family-run business.

The 27-year-old finally moved into her own one-bedroom apartment four weeks ago after she was hired as a designer in the Dallas offices of a global public relations firm.

"I wanted to get a job in my field, which is art. I was working for them in a convenience store, which is not what I wanted to do at all," said Chhean.

BRIGHTENING PROSPECTS

The worst recession since the Great Depression of the 1930s cost the economy 8.8 million jobs and drove the unemployment rate up to 10 percent.

Dim job prospects and growing financial stress undercut the pace of household formation - a central force behind housing demand - even though the population kept growing at a rate of about 2.7 million per year.

An analysis by economist Timothy Dunne at the Cleveland Federal Reserve Bank found there was a shortfall of 2.6 million households from 2008 through 2011 compared to what pre-recession trends would have suggested.

Younger adults between the ages of 18 and 34 accounted for almost three quarters of this gap; the number of people in this age cohort living with their parents increased by 2 million between 2007 and 2011.


But the tide appears to be turning.

HOUSEHOLD GROWTH BOOSTS RENTAL MARKET

The gains are being felt primarily in the rental market, where rising demand has spurred a sharp pick up in construction of apartment buildings. In contrast, the U.S. homeownership rate hasn't risen much from a 15-year low reached in early 2012.

"We are going to see more recovery in the rental market, in the very short run. As the market improves, people will start to face higher rents and over time, that will spill over into the owner-occupied market," said Gary Painter, a public policy professor at the University of Southern California.

New home completions have lagged the increase in household formation, leading to a tightening supply.

According to RBS' Berger, more than 1.3 million new residential structures should have been completed last year to keep pace with household growth. But only 651,400 homes were finished, the second lowest on record.

"Given that the stock of homes available for sale is already very low, inventories alone are unlikely to meet the demand presented by these new households," said Berger.

A monthly survey conducted by the National Association of Home Builders shows that growing demand and tightening supply have pushed homebuilder sentiment up to a near seven-year high.

NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Florida, said builders were now gearing up, unperturbed by the possibility that banks could dump an increasing number of foreclosed homes onto the market as conditions improve.

"Even if we have a wall of supply coming in, we will have a wall of demand to balance it," he said.

Rutenberg estimated 916,000 new residential projects would be started this year, compared to 780,000 in 2012. And Rutenberg expects rising demand to keep builders busy for years to come.

He said new construction would satisfy about 46 percent of the demand for single-family homes this year, and 83 percent of the demand for apartment buildings over the next 10 years.



Although home building accounts for only about 2.5 percent of U.S. gross domestic product, economists believe the turnaround in the housing market has just enough momentum to take over the baton from manufacturing as a driver of growth.

Economists estimate that for every new single family home constructed, at least three permanent jobs are created. There is also a boost through demand for items ranging from furniture to paints.

"Housing will take a leading role. We anticipate that (inflation-adjusted) residential investment will grow 22 percent this year, the fastest since the early 1980s," economists at JPMorgan wrote in a research note.

They estimate homebuilding could add around 0.5 of a percentage point to economic growth this year.

New Year, New Fireplace & Mantel

Resolution Time! Easily upgrade your fireplace and mantel in time to enjoy the remaining cold weather, as well as add value to your home!

Did you know the average fireplace and mantel adds over $4,000 to a home appraisal value? That's money in the bank the government can't take!

Hearth for the Holidays

Is your fireplace and mantel ready for the holidays? Think where your family gathers around to relax and celebrate the holidays--let California Mantel help make that a reality.

Call us today to get your hearth ready.

Mantels Mantels Mantels - FOOTBALL!

Football season here, which means your fireplace will be fired up as you support your team.

Let us help you with your fireplace and mantel upgrade so you're not flagged for "Excessive Procrastination" to enjoy the "Heart of your Home."

CalMantel on House Crashers

California Mantel worked on the latest House Crashers episode, "
"Veteran's Hall Revamp,which will be premiering on Monday, May 14th on the DIY Network.

Please check your local listings to see how California Mantel supported our American heroes.

Fireplace Remodel New Year's Resolution!

2012 is the year you promised to your change old fireplace and mantel out and bring in the industry's best!

While California Mantel can't help you with your workouts, your carbs, or the promise to call your mother more, we can help you give your old fireplace and fireplace mantel a facelift to allow more time to have a relaxing focal point of your home.

Give us a call to let us help you keep one of those resolutions!

Northern California Fireplaces & Fireplace Mantels Package

A California Mantel fireplace mantel with a Heatilator fireplace or Heat & Glo fireplace is the premier fireplace package, providing the best value and unsurpassed quality in every home.

Fireplaces remain among the most popular home features. Despite their popularity, obtaining the right fireplace has traditionally not been easy. Many retail fireplace centers inadequately display fireplaces, rarely showing them with all the related products that create a full hearth and even more rarely show these in a room setting. This makes it difficult for homebuilders and homeowners to visualize how fireplaces will look in their home. To complicate matters further, retail centers often subcontract out work to multiple independent contractors to handle installation, select finishes, choose furnishings and provide after-the-sale service.

As the world’s largest fireplace manufacturer, Hearth & Home Technologies believes a fireplace and hearth retail experience should inspire, not frustrate: that's why California Mantel makes the fireplace buying process an educational and enjoyable experience.

In addition, California Mantel supports the entire buying process: by taking full responsibility for the delivery, professional installation and after-the-sale service, California Mantel saves you time and money. California Mantel offers the fireplace industry's leading fireplace brands, Heat & Glo fireplaces and Heatilator fireplaces to satisfy the full range of homebuilder or homeowners fireplace needs.

Contact California Mantel today for the fireplace industry's premier and most trusted fireplace and fireplace mantel package.

"Win and Go Home" With A Fireplace Mantel

Our annual NBA Playoff Fireplace Sale! If your team is in the NBA Playoffs, you qualify for 10% off your fireplace mantel!

Los Angeles fireplace mantels, Dallas fireplace mantels, Oklahoma City fireplace mantels, Memphis fireplace mantels, Chicago fireplace mantels, Miami fireplace mantels, Boston fireplace mantels, Atlanta fireplace mantels, Portland fireplace mantels, San Antonio fireplace mantels, New Orleans fireplace mantels, Indiana fireplace mantels, Orlando fireplace mantels, New York fireplace mantels, Denver fireplace mantels, and Philadelphia fireplace mantels all automatically qualify for the discount.

Housing Market Still Slow, but Mantel Company is Heating Up

Sacramento Business Journal highlights California Mantel's acquisition of Fireside Hearth & Home in March edition.

HOUSING MARKET STILL SLOW, BUT MANTEL COMPANY IS HEATING UP.

Premium content from Sacramento Business Journal - by Kelly Johnson, Staff writer
Date: Friday, March 18, 2011

A local maker of fireplace mantels is expanding by buying part of a larger company.

California Mantel Inc. acquired the Northern California portion of the Fireside division of Hearth & Home Technologies, effective last month. Terms of the deal were not disclosed.

Minneapolis-based Fireside sells gas, woodburning and electric fireplaces; wood, electric and pellet stoves; gas and wood inserts; and outdoor fireplaces and grills.

Sacramento-based California Mantel retained all eight of Fireside’s installers and technicians. The workers transferred from West Sacramento to California Mantel’s 50,000-square-foot warehouse on North Freeway Boulevard.

California Mantel employed about 150 people in the boom times, supplying mantels to homebuilders. With the housing market drying up, the company has scaled back to 38 workers in Sacramento, said Stephen Casey, who started California Mantel 25 years ago with his wife, Carla. Their children, Cory and Melanie Casey, now help run the business.

The company expanded to Southern California about six months ago, where its 20,000-square-foot plant will soon start manufacturing with a staff of 15.

The deal with Fireside allows California Mantel to diversify by selling, in Northern California, the Fireside brands of Heat & Glo, Heatilator and others.

The “process of manufacturing mantels goes hand-in-hand with the installation of fireplaces,” Casey said.

Hearth & Home Technologies, one of the nation’s top three fireplace manufacturers, sold off its Northern and Southern California portions of its Fireside division partially for economic reasons, said Gary Reuter, a district sales manager who overseas the Western United States.

It also was a good opportunity to sell the retail piece of the business in Northern California to a company with related business, he added.

California Mantel has “got an unbelievable following and track record on (its) mantels,” Reuter said.

While Sacramento’s housing market is lagging behind the rest of the country, the improving national housing industry is buoying sales of fireplaces, mantles and fireplace accessories, according to a trade association.

The industry is valued at about $5 billion, said Leslie Wheeler, spokeswoman for the Hearth, Patio & Barbecue Association in Arlington, Va.

“We are finally seeing the industry pull out. It’s been a tough couple of years,” she said.

“The industry really got hit badly,” in 2008 and 2009, Wheeler said, adding that manufacturers, including Hearth & Home Technologies, consolidated.

Shipments from manufacturers to retailers slipped 38 percent in 2009 and 22 percent in 2008, Wheeler said. In 2010 the industry was flat — an improvement over the previous declines, she noted.

California Mantel, for one, hopes to exceed $5 million in sales this year. The company has expanded to also offer window trim, door trim, columns and stair treatments. In 2007, mantel production alone generated $14 million in sales, Casey said.

Fireside Hearth & Home Acquired by California Mantel

We are pleased to announce California Mantel's acquisition of Fireside Hearth & Home Builder Division in Northern California, effective February 1st, 2011.

California Mantel has been professionally selling to contractors in the Northern CA market since 1987 and boasts a highly experienced sales staff and well-trained service technicians. Now entering its second generation, the company started by Stephen and Carla Casey takes pride in offering quality products and expert service at a competitive price.

What does this mean to you and your business? Our business transfer plan assures you of the following:

• Continued access to the market-leading Heatilator and Heat & Glo brands.

• All existing Fireside Hearth & Home Builder contracts will be honored by California Mantel, including both pricing and scope of work.

• All current hearth installations and service work have been transferred to California Mantel and will be fulfilled as previously scheduled.

• All warranty and non-warranty after market service on products purchased from Fireside Hearth & Home of No CA will be provided by California Mantel.

• All outstanding Accounts Receivable balances will be collected by California Mantel.

Hearth & Home and California Mantel sales representatives will be working together and meeting with customers in the coming weeks.

Super Bowl Sale

Mention this sale to take 20% off of your new fireplace mantel before Super Bowl Sunday.

If you live in Pittsburgh or Green Bay, take an additional 5% off, but hurry and place a deposit--before both your team and your wife are upset!

Now Offering HHT Fireboxes in NorCal

Proudly carrying Hearth & Home's complete line of fireboxes, available in Northern and Central California.

Make your fireplace remodel easy with a one-stop package deal on a firebox and fireplace mantel with the most reputable firebox company in the industry, packaged together with the leader in precast mantels, wood mantels, and wood shelves.

2010% Off Sale

Ring in the new year with a new fireplace mantel and take 10% off your order!

Check out our Hot Deals and double up for even more savings!

Hurry and beat the clock before it ticks down to 2011 and this nationwide sale is a thing of the past!

Building Industry Show

California Mantel and Stillson Fireplaces teamed together for a successful Building Industry Show at the Long Beach Convention Center.

Dog Days of Summer Sale

Flatscreen TVs go above mantels!

Use this break in the sports season to remodel your fireplace and hang that brand new flatscreen HDTV above a brand new mantel in time for MLB pennant races to heat up and NFL season to kick off!

Mention your favorite sports team when ordering to automatically qualify for $100 off retail price of your new fireplace mantel, and check out our Hot Deals for double savings on mantels!

Offer good until College Football kicks off Labor Day weekend!

Hearth & Home Magazine Feature Article on FMI

Look for the July issue of Hearth & Home magazine featuring FMI Products and talking about their exclusive lineup of fireplace mantels supplied by California Mantel.

Hearth & Home's article on FMI: "Fireplace Guys"

Pebble Beach Sale

To celebrate the US Open at Pebble Beach, place an order for any fireplace mantel in the Pebble Beach finish and receive $100 off when you mention this promotion.

Uncle Sam Wants YOU to Upgrade Your Fireplace Mantel!

There's no better way to put that Tax Refund to use than improving your home--starting with your fireplace mantel!

Get into the spring cleaning mode by removing your old fireplace mantel, ugly tile surround or sheetrock popout and upgrade to a new wood mantel or precast mantel from California Mantel.

Fill out the premeasurement form online and give us a call, or come by the shop and take a look at a large selection of inventory fireplace mantels we're practically giving away!

California Mantel Helps Build Sacramento Skate Park

California Mantel, Inc. is proud to support professional skateboarder Omar Salazar in donating the wood to build ramps at Sacramento's 28th & B Skate Park.

Omar Salazar held a large event at the Skate Park to commemorate Nike launching his first signature shoe, the Zoom Omar Salazar SB.

Hearth Patio & Barbecue Expo 2010

California Mantel will display fireplace mantels at the 2010 Hearth Patio & Barbecue Expo March 11-13, in Orlando, FL, supporting our partnership that exclusively matches a wide range of FMI fireboxes.

Visit the FMI Products exhibit to see the newest acid-etched finish fireplace mantels California Mantel offers complementing FMI's Design Dynamics fireboxes for a luxurious high-end finish fireplace.

California Mantel Targets Southern California

Due to increased demand for California Mantel's fireplace mantel designs, California Mantel is now actively bidding jobs, both developer and custom, in the Southern California market.

With last year's acquisition of Sierra Concrete Design in Orange County, California Mantel has incorporated the best and most successful designs of the local market with a stronger quality control, improved turnaround time, and a fresh selection of over 80 unique designs of fireplace mantels.

Fireplace Mantel Stocking Stuffer Promotion

Order a fireplace mantel by Christmas and receive $100 instant rebate on your mantel.

California Mantel, Inc. Acquires Sierra Concrete Design

California Mantel offers the most complete range of fireplace mantels in the United States with the acquisition of Sierra Concrete Design, a leading provider of precast concrete fireplace mantels. With the addition of Sierra Concrete Design’s high-end mantel styles, California Mantel now has one of the largest ranges of mantel selections in the United States.

"This acquisition has placed California Mantel alone as the premier mantel supplier in California and the surrounding states," said Stephen Casey, president of California Mantel. "We're very excited at the prospect of Sierra Concrete's designs joining California Mantel--which instantly gives us the largest selection of high quality fireplace mantels from economic entry-level mantels to high-end luxury mantels. We unequivocally have the ability to meet the demands of the homeowner and our decades of service to the building industry will continue strong with Sierra Concrete coming aboard."

Sierra Concrete Design’s reputation in Southern California provides California Mantel with an exciting opportunity to expand with a strong presence into the Southern California fireplace mantel market.

"Any type of customer—developer, distributor, dealer, or individual—can come to a unified company and find a style of mantel that fits any decor and specification in their home. Joining forces with Sierra Concrete Design enhances our vision of delivering high quality fireplace mantels and better meet the needs of our industry partners," said Josh Casey of California Mantel. "While our current business relationships will continue to grow, we look forward to combining the best applications and personnel of both companies into new markets and areas of opportunity."

Growing each year in sales volume since its inception in 1991, Sierra Concrete Design had become one of California’s most reputable producers of precast and glass fiber reinforced concrete (G.F.R.C.) products, and developed strong relationships with suppliers and the resources to outfit a home or building with a level of craftsmanship beyond comparison.

Privately owned and operated since 1987, California Mantel has served the home industry with dedication by producing high-quality fireplace mantels and delivering award-winning customer service. California Mantel manufactures both wood mantels and precast concrete fireplace mantels and is relied upon by the nation’s largest developers to deliver and install quality products promptly and with outstanding customer service.

California Mantel offers an extensive selection of styles in various finishes and our products accommodate most firebox sizes, custom fitted on-site to ensure accurate installation.

California Mantel maintains an ongoing effort in the research and development area to fine-tune and enhance its product line.

Product Specification Pages

New and updated fireplace mantel line drawings of the every fireplace mantel has been uploaded!

If you are an architect in need of CAD, please contact us directly and we can accomodate your request.

California Mantel, Inc. Launches New Enhanced Website

California Mantel's new website allows you to easily view our extensive line of fireplace mantels.

We make it even easier to help you find the perfect fireplace mantel to turn any room into a warm and inviting focal point...

Enter your firebox size and available wallspace in order to return relevant search results for your fireplace mantel options.

See the intricate detail of the fireplace mantel you're choosing by zooming in on the picture.

Browse by wood fireplace mantel or precast fireplace mantel, price range, fireplace mantel size, or by fireplace mantel style in our collections.

Check our Hot Deals section for special offers on select fireplace mantels.

Request a price or more information by emailing us using the Request A Quote function at the top of any page.

Thank you for visiting California Mantel, the premier fireplace mantel supplier. We hope you find the perfect mantel to fit your home.