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
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 â€”
mostly investors and second-home purchasers â€” 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
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.
â€œOrange County has been going gangbusters in the latter
half of 2012, and thatâ€™s were we felt the market was
headed,â€ 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 â€“ the most since 2007 and a 44 percent increase
over 2013â€™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.
â€œNew homes are increasingly able to compete on price
with existing homes,â€ 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 â€“ offices,
schools, medical buildings, etc. â€“ 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.
â€œThe housing recovery will kick into a higher gear
as the year progresses,â€ said Mark Zandi, chief economist
in West Chester, Pennsylvania, for Moodyâ€™s Analytics
Inc. â€œWeâ€™re going to get a lot of
juice from the channelsâ€ 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 â€œpretty substantialâ€ ancillary
effects from housing, said James Bullard, president of the Federal Reserve
Bank of St. Louis.
â€œItâ€™s not just the guys that are
putting the roof on the house,â€ he said in an interview in
Washington on Feb. 1. â€œItâ€™s the
transportation associated with it, itâ€™s the Realtor
business, the lending business, all kinds of other businesses.
â€œThe psychology has shifted,â€ he added.
â€œGood things are happening.â€
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 â€œhas turned from a headwind to a tailwindâ€
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.
â€œWeâ€™re sitting on tremendous liquidity
in our industry,â€ 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.
â€œHousing could be a major story this year,â€
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. â€œThe housing recovery
is gaining momentum. The sector has worked off its excesses.â€
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 â€œpent-up demand unwinds, homebuilders are gaining
pricing power,â€ 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.
â€œItâ€™s hard to fight the recovery
in housing,â€ she said. â€œIt 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
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,"
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
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 worldâ€™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
Sacramento-based California Mantel retained all eight of Firesideâ€™s
installers and technicians. The workers transferred from West Sacramento
to California Mantelâ€™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
The â€œprocess of manufacturing mantels goes hand-in-hand
with the installation of fireplaces,â€ Casey said.
Hearth & Home Technologies, one of the nationâ€™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 â€œgot an unbelievable following
and track record on (its) mantels,â€ Reuter said.
While Sacramentoâ€™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
The industry is valued at about $5 billion, said Leslie Wheeler, spokeswoman
for the Hearth, Patio & Barbecue Association in Arlington, Va.
â€œWe are finally seeing the industry pull out. Itâ€™s
been a tough couple of years,â€ she said.
â€œThe industry really got hit badly,â€ 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 â€”
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
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:
â€¢ Continued access to the market-leading Heatilator
and Heat & Glo brands.
â€¢ All existing Fireside Hearth & Home Builder contracts
will be honored by California Mantel, including both pricing and scope of work.
â€¢ All current hearth installations and service work
have been transferred to California Mantel and will be fulfilled as previously
â€¢ All warranty and non-warranty after market service
on products purchased from Fireside Hearth & Home of No CA will be
provided by California Mantel.
â€¢ 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
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
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
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
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
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
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 Designâ€™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
Sierra Concrete Designâ€™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 customerâ€”developer, distributor,
dealer, or individualâ€”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 Californiaâ€™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 nationâ€™s largest developers
to deliver and install quality products promptly and with outstanding
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.