GRANADA HILLS, Calif. –Trumark Homes announced today that it has sold 48 homes out of 82 at the gated community called “High Lights” in Granada Hills, Calif. Over the past 10 weeks, Trumark has sold nine homes in the new neighborhood overlooking the San Fernando Valley, reflecting the recent rise in sales of new and used homes in California. The number of home sales in October rose 4.3 percent from October 2010, according to DataQuick, a San Diego real estate information service.

“As we move into 2012, we will continue to see the housing market improve,” said Michael Maples, principal of Trumark Homes.  “Even though we still have challenges in regards to the high number of foreclosures, the difficulties of obtaining construction financing and the restrictive lending environment, we are confident conditions will slowly recover next year.”

Trumark isn’t the only builder expecting the market to improve over time. According to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released in November, builder confidence in the market for newly built, single-family homes rose by three points to 20. This gain builds on a revised three-point increase in October, and brings the confidence gauge to its highest level since May of 2010.

High Lights is located on the corner of Odyssey Drive and Blucher Avenue in Granada Hills, Calif. The two- to three-story townhomes are being offered in six different floor plans: 13 townhomes at 1,112 sq. ft.; 34 townhomes at 1,230 sq. ft.; eight townhomes at 1,326 sq. ft.; 14 townhomes at 1,412 sq. ft.; six townhomes at 1,604 sq. ft. and six townhomes at 1,659 sq. ft. For more information, please visit www.liveathighlights.com.

About The Trumark Group of Companies

The Trumark Group of Companies is a diversified real estate developer and builder with expertise in land acquisition, homebuilding, community design, entitlements and office, R&D and retail development. Trumark Companies is the residential development arm of the organization and operates in Northern and Southern California. Trumark Commercial, which builds, leases and sells commercial buildings, operates in the northern portion of the Golden State. Trumark Homes builds high-quality homes at competitive prices throughout California and has positioned itself for the housing market rebound. Additional information is available at www.trumark-co.com