Major Homebuilder Leaves California for Texas as ‘Blue’ State Business Exodus Continues

A major U.S. homebuilding company has announced plans to move its headquarters out of California, in another blow to the state.
Landsea Homes, a Newport Beach, California, construction firm, which designs and builds master-planned communities and houses across the country, announced on Mar. 8 that it would move its corporate headquarters to Dallas, Texas.
The firm has developed homes and communities in Boston, Massachussets, New York, New Jersey, Arizona, Florida, Texas, and throughout its home state of California in Silicon Valley, Los Angeles, and Orange County.
“As a national publicly traded homebuilder with communities from California to Florida, this is a strategic move in the best interests of our shareholders,” said John Ho, director and CEO of Landsea Homes, in a press release….}