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LGI Homes Opens New Master-Planned Community in Jarrell, Texas
Globenewswire· 2025-08-27 21:33
Core Insights - LGI Homes, Inc. announces the grand opening of Canyon Ranch, a new master-planned community in North Austin, featuring a variety of home styles and floor plans to cater to modern homebuyers [1][2][3] Company Overview - LGI Homes is recognized as a pioneer in the homebuilding industry, operating across 36 markets in 21 states, and has closed over 75,000 homes since its inception in 2003 [14] - The company has consistently delivered profitable financial results and has been acknowledged for its quality construction and customer service [14] Community Features - Canyon Ranch will include 1,100 homesites and a range of planned amenities such as pickleball courts, a beach-entry pool, and a splash pad, aimed at enhancing the lifestyle of first-time buyers and their families [2][3][11] - The community is strategically located near the I-35 corridor, providing residents with access to one of Texas' strongest employment areas, including proximity to Samsung's $17 billion semiconductor site set to open in 2026 [3] Home Offerings - Homes at Canyon Ranch start at $229,900, with options ranging from two-bedroom villas of 1,186 square feet to five-bedroom floor plans of up to 2,897 square feet [4] - The CompleteHome™ package includes various features at no extra cost, such as landscaped yards, modern technology upgrades, and a full suite of stainless steel appliances [5] - The CompleteHome Plus™ package offers additional upgrades, including brick exteriors and enhanced interior features, ensuring a modern and comfortable living experience [6][12] Sales and Marketing - The grand opening event for Canyon Ranch is scheduled for August 30, 2025, where homebuyers will have the opportunity to view floor plans and access exclusive discounts [13]
X @Wendy O
Wendy O· 2025-08-27 13:19
Housing Market Trends - The median age of first-time homeowners has reached an all-time high of 38 years old, according to the National Association of Realtors [1] - In the 1980s, the typical first-time home buyer was in their late 20s [1] Potential Economic Implications - The increasing age of first-time homeowners may be correlated with a decline in birth rates [1] - Some individuals are hedging with Bitcoin and crypto as a potential solution for the future generation [1]
Why homeownership can make or break veteran financial security
Yahoo Finance· 2025-08-25 13:24
Podcast Overview - Warrior Money podcast focuses on financial education and inspiration for military veterans transitioning to civilian life [1] - The podcast is hosted by former Congressman Patrick Murphy and veteran investor Dan Kunze [1] - Guests include veterans and high-ranking officials [1] Financial Advice for Veterans - Homeownership can be a wealth builder or a financial risk for veterans [1] - The podcast discusses using VA benefits wisely and avoiding PCS buying mistakes [1] - Topics include when buying a home makes sense, the risks of zero down payments, and the importance of a transition fund [1] Access and Information - Warrior Money is available on major podcast platforms like Apple Podcasts, Spotify, and Amazon Music [1] - Yahoo Finance provides stock ticker data, news, and portfolio management resources [1] - Yahoo Finance can be found on various social media platforms [1]
LGI Homes Announces Homes for Sale at Neuse Ridge in Clayton, NC
GlobeNewswire News Room· 2025-08-21 21:30
Core Insights - LGI Homes, Inc. announces the grand opening of a new section in Neuse Ridge, Clayton, North Carolina, providing an opportunity for homebuyers to purchase new homes in a desirable community [1][4] - The community is strategically located with easy access to major highways and employment centers, making it attractive for commuters [1][2] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its inception in 2003 [5] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service [5] Community Features - Neuse Ridge will feature 25 uniquely designed homes, emphasizing privacy and community integration [2] - The homes are priced starting at $339,900 and include LGI Homes' CompleteHome™ package, which features energy-efficient appliances and modern design elements [3] Location Benefits - The community is located near recreational facilities such as the Glen Laurel Golf Course and the Venison Ridge Swim and Tennis Club, appealing to families and active individuals [3] - Neuse Ridge is served by top-rated Johnston County schools, enhancing its appeal for families focused on education [2]
LGI Homes Expands Presence Near Fort Pierce in Indian River Estates
Globenewswire· 2025-08-20 21:00
Core Insights - LGI Homes, Inc. is expanding its presence in Fort Pierce with new construction homes in Indian River Estates, providing convenient access to Port St. Lucie and Fort Pierce [1] - The company aims to offer a more affordable alternative to renting in the Port St. Lucie area, highlighting its previous success in the market [2] - Indian River Estates combines small-town charm with easy access to local attractions, promoting a peaceful suburban lifestyle [3] Company Overview - LGI Homes is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, having closed over 75,000 homes since its founding in 2003 [6] - The company has consistently delivered profitable financial results and has been recognized for its quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [6] - LGI Homes has received numerous workplace awards, including the Top Workplaces USA 2025 Award, reflecting its commitment to excellence [6] Community Features - Indian River Estates offers a variety of floor plans, including homes with 2 to 4 bedrooms and prices starting from $348,900 to $464,900 [9][11] - The community is designed to facilitate an active lifestyle with access to local attractions such as the Savannas Recreation Center and nearby beaches [3]
The new American dream: Renting a home #shorts #housing #rental #homeownership
Bloomberg Television· 2025-08-16 14:30
In the great recession, I had just came into office, right. So, I had graduated law school, been eight years. I couldn't even afford a home.>> Dena Neil is a state senator in Nevada who has seen the housing market transform since the great financial crisis. >> In the Great Recession, homes were about 350,000 and it was a 1965 home with no renovation. Now you have a brand new home that's about $450,000 that no one can afford and you have older homes that are selling for the about the same amount $350,000 and ...
X @Investopedia
Investopedia· 2025-08-16 01:00
Housing Affordability - The report identifies states that offer renters the best and worst opportunities to become homeowners [1] - Affordability factors considered include median home prices and incomes [1] Data Analysis - The analysis is based on median prices and incomes [1]
X @Investopedia
Investopedia· 2025-08-16 00:00
Mortgage & Housing Market - High mortgage rates suggest readiness to refinance [1] - Renting could save over $1,000 per month compared to buying [1] - Renting offers freedom that homeownership may not [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-15 20:51
A growing share of people in the second half of life, many of them longtime homeowners, are choosing to rent instead of own https://t.co/7D3DwmWmvr ...
Is the American dream of owning a home over?
Bloomberg Television· 2025-08-14 17:01
Housing Market Trends - The American dream of homeownership is declining due to rising costs [1] - Home prices are at record highs, and mortgage rates are at 15-year highs [1] - Insurance costs have increased almost 75% since 2010 due to climate disasters [2] - Qualifying for a typical mortgage required a household income of $127,000 last year, a 60% increase in just 4 years [2] - It is now cheaper to rent than to own in 49 of the 50 largest US cities [2] - There is a housing shortage of 5 million units, a result of the 2008 housing crash [2] Shifting Demographics and Preferences - First-time buyers only purchased 24% of homes last year [4] - A quarter of first-time buyers relied on parental support for down payments [4] - The average age of first-time buyers was a record high of 38 last year, up from 28 in 1991 [4] - Younger people may prefer spending on experiences like travel or education and prioritize mobility over homeownership [5] Financial Implications of Homeownership - Homeowners are traditionally 43 times wealthier than renters [3] - Homeownership is no longer a guaranteed way to store wealth due to fluctuating payments and potential losses [3] - Older homeowners may find it advantageous to sell now to capitalize on equity and avoid rising costs [5]