The Texas City Commission recently approved zoning for the 1,318-acre community, which will add about 3,500 homes to the city.

The reports show higher mortgage rates taking a larger share of household income while applications for new-home purchases are falling.

For states aiming to boost affordable and market-rate inventory, a program like BILD provides a pathway for secure, scalable development.

Homes will also be delivered fully furnished with “Margaritaville-inspired finishes,” according to a press release.

The 5.5-acre hub, designed by Boucher Design Group and SLA-H, adds over $7 million in amenities to the MPC.

Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.

Full closeout is expected at Grand Central Park in less than a year.

New-home sales decreased from 2,164 in June to 2,121 in July. Sales were also down annually, from 2,281 in July 2025.

The model, which showcases the builder’s Daisy floorplan, features flex rooms, indoor-outdoor living and optional upgrades like a covered porch, game room and wine bar.

David Weekley Homes and Newmark Homes will build on 67 60-foot lots in Kresston’s Heartland District, while J. Patrick Homes and Toll Brothers will build on 31 80-foot lots.

New builds are about the same price as existing homes on the market, but that is not due to rising regulatory costs builders have to pay.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

“While the improvement in days on market last month is encouraging, the decline in pending sales is also consistent with seasonality,” HomesUSA CEO Ben Caballero explained.

Sitework is underway on water infrastructure and wastewater plants, according to a press release.

Caldwell Homes introduced a new collection of home designs for its Chambers Creek active-adult community in Willis.

Two builders — Highland Homes and J. Patrick Homes — opened model homes at Grange, Johnson Development’s new master-planned community in Katy.