CEO Trent Klatte on how SB 1123 and California’s new starter home laws are following the path ADUs blazed, letting builders carry the same designs into small-lot subdivisions and cottage courts across Southern California. Reported by Richard Lawson.
Read the article“It’ll be very prevalent throughout Southern California moving forward.”
Trent Klatte, CEO · HousingWire
CEO Trent Klatte on why renovation budgets shift midproject, from loosely defined scopes of work to material price claims, and how a detailed quote protects homeowners. Reported by Anna Baluch.
Read the article“Higher market prices don’t, by themselves, explain why an agreed project budget changed.”
Trent Klatte, CEO · Realtor.com
CEO Trent Klatte on SB 1211 and AB 1033, the state laws reshaping ADU development for multifamily owners, and why ADUs now account for about half of West End’s work across Los Angeles. Reported by Rebecca Bratburd.
Read the article“It is essentially allowing them to double their density.”
Trent Klatte, CEO · Mansion Global
CEO Trent Klatte on how independent builders can blunt rising material costs by building strong supplier relationships and securing pricing in advance. The Real Deal picked up his comments from Realtor.com’s reporting on the NAHB survey.
Read the articleCEO Trent Klatte on how costs have moved since 2020, the added strain Los Angeles wildfire rebuilding has put on materials and labor, and why West End turns down work rather than cutting margins to win it. Reported by Anna D’Amico.
Read the article“There’s still a disconnect between what clients expect construction to cost and what it actually costs today.”
Trent Klatte, CEO · Realtor.com
CEO Trent Klatte on how the ULA transfer tax is changing the math on multifamily value-add, and why some owners are adding fewer ADUs than state law allows to stay under the $5 million threshold. Reported by Kennedy Zak.
Read the article“It’s actually a detriment to them to add more density.”
Trent Klatte, CEO · The Real Deal