Workflow
Homebuilding
icon
Search documents
Toll Brothers Announces New Luxury Home Community Coming Soon to Cedar Park, Texas
Globenewswire· 2025-10-07 16:25
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Crestline at Brushy Creek in Cedar Park, Texas, expected to open for sale in early 2026 [1][3][4] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [10] - The company operates in over 60 markets across 24 states and the District of Columbia, offering a variety of home types for different buyer segments [10] Community Features - Crestline at Brushy Creek will feature luxury homes on spacious 60- and 70-foot home sites, with sizes ranging from 2,800 to over 4,700 square feet [3][4] - The community will include modern architecture, personalization options, and amenities such as a pool with cabanas [3][6] Location and Accessibility - The community is strategically located just outside North Austin, providing easy access to entertainment, shopping, and top-rated schools in the Round Rock Independent School District [3][7][8] - Proximity to outdoor recreational areas like Brushy Creek Lake Park and the Brushy Creek Regional Trail System enhances the living experience [7] Pricing and Market Position - Homes in Crestline at Brushy Creek are anticipated to be priced from $1 million, positioning the community within the luxury market segment [3][4]
Century Communities Hosts Grand Opening Celebration in Wenatchee, WA
Prnewswire· 2025-10-06 19:07
Core Insights - Century Communities, Inc. has launched sales for new homes at Skyridge in Wenatchee, WA, following a Grand Opening event held from September 19 to September 21 [1][2] - The development features single-family homes priced from the $600s, located near outdoor recreational areas and downtown Wenatchee, known as the Apple Capital of the World [3][4] Company Overview - Century Communities is recognized as one of the largest homebuilders in the U.S. and a leader in online home sales, having been named one of America's Most Trustworthy Companies by Newsweek for three consecutive years [9] - The company operates in 16 states and over 45 markets, offering a range of services including mortgage, title, insurance brokerage, and escrow services through its subsidiaries [9] Development Features - Skyridge offers versatile single-family home designs with 3 to 5 bedrooms, 2.25 to 2.75 bathrooms, and sizes up to 2,537 square feet, featuring contemporary layouts and smart home technology [6] - The location provides easy access to outdoor activities such as hiking, biking, water sports, and skiing, and is approximately 1 mile from downtown Wenatchee [6] Online Homebuying Experience - Century Communities has implemented an online homebuying process that allows customers to shop for homes, submit deposits, and sign contracts electronically [7][8]
Trump says the American dream is on hold because ‘big homebuilders’ are ‘sitting on’ 2 million empty lots
Fortune· 2025-10-06 17:59
When President Donald Trump compared “Big Homebuilders” to OPEC in a Sunday evening Truth Social post, he gave voice to a common populist trope: Greedy developers are hoarding the supply of houses and thus driving up costs. In many ways, it was classic Trump, sending a jolt through corporate America at one of the least expected times while embracing a populist policy point, and traversing across previously fiercely guarded partisan lines. It almost sounded like something from the center-left “Abundance” mov ...
President Trump calls out homebuilders in social media post
CNBC Television· 2025-10-06 16:55
President calling out the homebuilders in a new truth social post saying the FHFA can help. But Kennet, our Diana Ol has that story today. Hey Diana. Hey Carl.Yeah. President Trump posted that the homebuilders have to start building homes. They're sitting on 2 million empty lots.A record. He said, "I'm asking Fanny May and Freddy Mack to get big home builders going and by doing so help restore the American dream." Now, FHFA director Bill Py, who oversees Fanny and Freddy, posted that he would do just that. ...
We will get a housing cycle if interest rates continue to come down: Hightower's Stephanie Link
Youtube· 2025-10-06 10:49
We've got Stephanie Link, chief investment strategist and portfolio manager at High Totower Investors as well as a CNBC contributor. Uh she is working. She is not a government worker and she's got data or at least some information to impart to us about how you're thinking about playing this market right now.Yeah, we've I've got some data. Um the uh economy, Andrew, is running at 3.8% GDP. in the face of all these unknowns with regards to the government shutdown and tariffs, inflation, geopolitical issues, t ...
X @Bloomberg
Bloomberg· 2025-10-06 08:30
Aldar is adding homes at a range of prices as it attempts to cater to different income groups https://t.co/tdEi1bfNEy ...
Single-Family Homebuilding Hits 2½-Year Low — What's Behind the Pullback?
Yahoo Finance· 2025-10-04 14:16
Core Insights - Single-family home construction in the U.S. has reached its lowest level in approximately two and a half years, with housing starts declining by 7% in August to about 890,000 units [1] - Permits for new single-family homes also fell by 2.2%, indicating reduced confidence in future demand [1] Group 1: Factors Driving the Pullback - Builders are facing an oversupply of homes, with inventories increasing over the past 18 months, particularly in the South, leading to a backlog that builders are struggling to clear [2] - Rising costs due to tariffs on materials and excessive regulatory expenses are squeezing profit margins, making home construction less affordable [3] - High mortgage rates, currently around 6.30%, have made homeownership more expensive, dampening demand for new homes [4][5] Group 2: Builder Confidence - Despite the decline in permits and construction, builder confidence remained steady in September, with expectations for future sales reaching a six-month high [6] - This optimism is attributed to slightly lower mortgage rates and hopes for further rate cuts by the Federal Reserve, which could encourage hesitant buyers to re-enter the market [6]
This week in business: Taylor Swift, Tesla, and some cleaner Walmart snacks
Fastcompany· 2025-10-04 11:00
Regulatory Changes and Corporate Actions - FICO will allow mortgage lenders to license FICO scores directly, potentially reducing costs by up to 50%, impacting credit bureaus negatively [10] - Walmart plans to eliminate synthetic dyes and 30 additives from its private-label brands by January 2027, with 90% of items already dye-free [6] - Starbucks will close about 1% of its North American stores, including 59 unionized locations, as part of a $1 billion overhaul [7] Market Trends and Consumer Impact - The CDC has linked a listeria outbreak to ready-to-eat pasta, with 20 cases reported this year, resulting in four fatalities and 19 hospitalizations [4] - KB Home reports a rebound in Florida orders, indicating a shift from aggressive price cuts to cautious optimism, with potential price increases in some communities [8] - Taylor Swift's new album and limited three-day film release strategy is seen as a successful scarcity model for high-profile artists [11] Financial Sector Developments - Major banks are anticipating relief as regulators rewrite capital rules, which may lead to flat or lower systemwide capital for some mega-banks [5]
LGI Homes closes 354 homes in September (NASDAQ:LGIH)
Seeking Alpha· 2025-10-03 21:31
Group 1 - The article does not provide any specific content related to a company or industry [1]
LGI Homes Reports September and Third Quarter 2025 Home Closings and Announces Date for Third Quarter Earnings Conference Call
Globenewswire· 2025-10-03 21:21
Core Points - LGI Homes, Inc. closed 354 homes in September 2025, including 28 single-family rental homes, and a total of 1,107 homes for Q3 2025, with 42 being single-family rental homes [1] - The company had 141 active selling communities as of September 30, 2025 [1] - Financial results for Q3 2025 will be released on November 4, 2025, with a conference call scheduled for the same day [2] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, recognized for its innovative approach in homebuilding [4] - Since its founding in 2003, the company has closed over 75,000 homes and has consistently delivered profitable financial results [4] - LGI Homes has received national recognition for quality construction and customer service, including being named to Newsweek's list of the World's Most Trustworthy Companies [4]