Core Insights - The Ridge at Twin Rivers is set to begin sales in mid-May, featuring single-family homes with modern designs and an online homebuying experience [1][2] - The community is located in Covington, GA, just outside the Atlanta Metro area, appealing to homebuyers with its small-town charm and quality home designs at competitive prices [2][3] Company Overview - Century Communities, Inc. is one of the largest homebuilders in the U.S., recognized for its leadership in online home sales and ranked among America's Most Trustworthy Companies for 2025 and the World's Most Trustworthy Companies for 2024 [9] - The company operates in 17 states and over 45 markets, providing a range of services including mortgage, title, insurance brokerage, and escrow through its subsidiaries [9] Product Offering - The Ridge at Twin Rivers will offer nearly 100 single-family homes with options for up to 5 bedrooms and 3 bathrooms, featuring open-concept floor plans and modern amenities [7] - Homes are priced from the low $300s, with convenient access to Atlanta via I-20 and proximity to local attractions [3][7] Online Homebuying Experience - Century Complete offers an industry-first online homebuying process, allowing buyers to shop for homes and complete purchases at their convenience while still working with local real estate agents [4][8] - The online process includes steps such as filling out a Buy Online form, submitting an earnest money deposit, and electronically signing contracts [8]

New luxury home community features expansive home sites in a secluded location with resort-style amenitiesST. JOHNS, Fla., May 01, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of a new phase of gated home sites in its Bartram Ranch community in St. Johns, Florida. Located about an hour south of downtown Jacksonville, Bartram Ranch offers a variety of home designs featuring large yards and open space between homes. Home pri ...

Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at Elk Ridge in Elk Ridge, Utah, with sales expected to begin in summer 2025 [1][6] - The community will feature single- and two-story homes with 2 to 6 bedrooms and living spaces up to 5,889 square feet, designed for spacious indoor and outdoor living [2][4] - Home prices are anticipated to start from the upper $800,000s, targeting affluent buyers seeking luxury living in a scenic location [4] Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and is a Fortune 500 Company, founded in 1967 and publicly traded since 1986 [9][10] - The company operates in over 60 markets across 24 states and offers a variety of home types for different buyer segments, including first-time buyers and active adults [9] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years and Builder of the Year by Builder magazine [10]

Financial Data and Key Metrics Changes - Home closings revenue for Q1 2025 increased 11.8% year over year to $495 million, a record for any first quarter in company history [6][17] - Net income attributable to the company decreased 9.9% year over year to $75 million, with diluted EPS down 8.2% to $1.67 per share [7][19] - Book value grew 25% year over year to $37.09 per share [7] - Net new home orders increased 3.3% year over year to 1,106, setting a new company record [19] - Homebuilding gross margin was 31.2%, down 20 basis points year over year, but still the highest among public homebuilding peers [18] Business Line Data and Key Metrics Changes - Trophy brand represented 54% of total deliveries and 40% of total home closings revenue in Q1 2025 [18] - Average sales price (ASP) for new orders decreased 6.3% to $537,000, with Trophy representing a larger share of units [20] - Total homes under construction increased 2.8% to 2,296, with a decrease in the percentage of Beck homes under construction [21] Market Data and Key Metrics Changes - Approximately 80% of home closings revenue was generated from infill and infill adjacent submarkets [10] - The company maintained a low cancellation rate of 6.1%, the lowest among public homebuilding peers [21] - The average FICO score for homebuyers using the company's mortgage services was 741, with a debt-to-income ratio of 40% [29] Company Strategy and Development Direction - The company focuses on self-development and strategic land acquisition to avoid high costs associated with land banking [6][10] - The company plans to invest approximately $300 million in land development during the year, with a healthy land pipeline [30] - The company aims to expand its Trophy brand in Houston, the largest home building market in the U.S. [33] Management's Comments on Operating Environment and Future Outlook - Management acknowledged economic uncertainties impacting the market but expressed confidence in the company's core strengths to navigate challenges [8][15] - The company anticipates continued demand driven by household formation among millennials and Gen Z, despite a housing market undersupplied by an estimated 4 to 7 million units [15] - Management remains optimistic about long-term market fundamentals and the company's ability to outperform peers [34] Other Important Information - The company repurchased $38.3 million of its stock through April 2025, with a board authorization of $100 million for share buybacks [14] - The total debt to capital ratio stood at 14.5%, with net debt to total capital at 9.8%, indicating a strong balance sheet [22] Q&A Session Summary Question: What has been observed in April regarding tariffs and sales incentives? - Management noted minimal impact from tariffs so far, viewing them as a wildcard in the industry [37] - Sales incentives for the Trophy brand were in line with overall company incentives, with variations based on market location [39] Question: Are there signs of changes in the land market? - Management indicated some fluidity in the land market, with public builders walking away from less desirable lots [42] - The company is receiving offers for lots that are difficult to move in the current market [43] Question: How does the company decide on capital allocation between buybacks and land investments? - Management explained that stock repurchases can be lumpier due to ongoing complex land deals, which may affect timing [48] - The company is pursuing larger master plan communities that require significant capital deployment [50]

Green Brick Partners (GRBK) Q1 2025 Earnings Call May 01, 2025 12:00 PM ET Company Participants Jeffery Cox - Interim CFOJames Brickman - Co-Founder, CEO & DirectorJed Dolson - President & COOCarl Reichardt - Managing Director - Equity Research Operator Thank you for standing by. My name is John, and I will be your conference operator today. At this time, I would like to welcome you to the Green Brick Partners Incorporated First Quarter twenty twenty five Earnings Call. I will now turn the call over to Jeff ...

Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These statements concern expectations, beliefs, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts and typically include the words "anticipate," "believe," "consider," "estimate," "expect," "feel," "intend," "plan," "predict," "seek," "strategy," "target," "will" or other w ...

Core Insights - Tri Pointe Homes announced two new land acquisitions in South Carolina as part of its Coastal Carolinas division, focusing on single-family homes in Bluffton and townhomes in Beaufort, reflecting the company's strategy to cater to diverse homebuyers [1][2] Group 1: Company Strategy and Vision - The acquisitions are seen as a significant milestone for Tri Pointe Homes, with CEO Doug Bauer emphasizing the opportunity to contribute to the thriving community of Beaufort County, known for its longevity, education, and prosperity [2] - The Coastal Carolinas division is positioned to deliver premium lifestyle experiences through innovative design and strong community ties, aiming to establish itself as a leading brand in a high-growth market [5] Group 2: Project Details - The Bluffton project, expected to be completed by 2027, will feature single-family rear-load homes designed to blend modern convenience with local charm, located near downtown Bluffton's amenities and top-rated schools [3] - The Beaufort project, also anticipated for 2027, will include townhomes with Lowcountry-inspired architecture, providing residents with access to shopping, dining, and educational facilities, as well as proximity to the Broad River waterfront [4] Group 3: Company Background - Tri Pointe Homes is one of the largest homebuilders in the U.S., operating in 12 states and recognized for its customer experience, innovative design, and environmentally responsible practices [6] - The company has received multiple accolades, including Builder of the Year and Developer of the Year, and has been listed among Fortune's Most Admired Companies and Best Companies to Work For [6][7]

The Wright plan at Hallimore Ranch The Wright plan at Hallimore Ranch features six bedrooms, four bathrooms and a game room. ROSENBERG, Texas, April 30, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is proud to announce that its luxury brand, Terrata Homes, is now selling homes at Hallimore Ranch, located in Rosenberg, Texas. With 518 lots, this is Terrata Homes’ largest development to date. This premier development debuts an all-new lineup of seven modern floor plans on 55- and 60-foot lots ...

FORT WASHINGTON, Pa., April 30, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.TollBrothers.com, a conference call to discuss results for its second quarter ended April 30, 2025. The call is scheduled for 8:30 a.m. (ET) on Wednesday, May 21, 2025 and will be hosted by Douglas C. Yearley, Jr., chairman and chief executive officer. The Company will announce its second quarter FY 2025 results after the market close ...

Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Marker Ridge in Westchester County, New York, featuring contemporary architecture and interior design [1][4] - The community consists of two-story townhomes with 3 bedrooms, 3.5 baths, and is priced starting from $1.6 million [2] - Marker Ridge offers low-maintenance living with services such as lawn care and snow removal included [2] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states [7][8] - The company has been publicly traded since 1986 and is listed on the New York Stock Exchange under the symbol "TOL" [7] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [9] Community Features - Marker Ridge is strategically located near the Hudson River, providing easy access to the Irvington Metro-North Train Station, White Plains, and Manhattan [4] - Residents will benefit from proximity to local shopping, dining, and highly rated schools within the Irvington Union Free School District [4] - The community includes a state-of-the-art Design Studio for personalized home selections, with quick move-in options available as early as fall 2025 [5]