New Construction News
The builder will celebrate the milestone with an event on June 20, featuring home tours, food trucks and face painting.
Houston-based First America Homes expanded into the Dallas-Fort Worth market with the acquisition of 81 homesites at the Leonard Trails community in Anna.
“There’s incredible momentum building at The George,” said Derek Goff, vice president and general manager of the community.
Coventry’s offerings are priced from the $450,000s, while Ravenna’s larger offerings are priced from the low $600,000s.
The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.
Located at canopy-level, the deck features indoor-outdoor gathering spaces and a resort-style pool.
Vertical construction is complete for Chaucer, a 15-story luxury condominium development in Houston’s Rice Village.
Despite a monthly decline, the rate of new-home construction still came in above consensus estimates.
Among the top 50 metro areas, Boston and Miami led the pack.
Builder confidence saw a modest bump in May, but affordability challenges continue to weigh heavily on the housing market, according to new survey from the National Association of Home Builders.
The Sundancer, which features two pools, a splash pad, playground, zip line and activity lawns, brings The Grand Prairie’s total amenity footprint to over 10 acres.
Highland Homes and Newmark Homes’ models represent offerings for 70-foot lots in the community, while J. Patrick Homes and Perry Homes are showcasing offerings for 80-foot lots.
Upon complete buildout of the MPC, The Trails will be home to 2,000 lots. Land is reserved for an on-site school.
Next to the Azalea District, 125 acres are reserved for the upcoming Azalea commercial development, which is set to feature a healthcare services facility.
In addition to the opening at Midline, Toll Brothers announced plans for another luxury community at the Revera MPC in Richmond.
KB’s new corporate home base in Maricopa County, located at the Hayden Ferry Lakeside business park, will preside over the company’s operations in 49 markets across the country.
