The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

The building features 209 apartments, 2,900 square feet of retail space and amenities including a fitness center, lounge, dog run and outdoor pool with cold plunge and hot tub.

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

The builder will offer 12 floor plans for 50-, 60- and 70-foot lots. Designs range from 1,599 to over 3,200 square feet.

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

Cyrene Homes, Smith Douglas Homes and Tricoast Homes are currently building 117 homes for the community’s first phase of development.

Upon completion, the community will be home to 1,000 new houses. Prices will range from $300,000 to over $800,000.

The first phase of development includes over 700 homesites across 367 acres.

The organization issued a statement in support of the pro-development campaign at its annual meeting in Tampa. 

The community will include homes from both LGI and Terrata Homes, plus a slate of amenities like a pool, splash pad, dog park and walking trails.

Located north of Houston, The Estates of Texas Grand Ranch is surrounded by Sam Houston National Forest and State Park.

Homebuilder sentiment recently reached its third-lowest level since 2012. 

The amenity features white-sand beaches and a 2.7-acre lagoon where residents can swim, kayak, paddleboard and more.

Maple Development is launching three new master-planned villages in the Houston area: Bellamina, Sagebrush and Serenada.

Located across from White Oak Music Hall at 2623 Keene St., Tempo at White Oak features 304 residences and an outdoor lounge with stadium seating that overlooks the nearby concert hall.

Vista Residential Partners broke ground on Williams Ranch Vista, a 375-unit community next to the Williams Ranch development in Fort Bend County.