Garner developer flips $1M land deal into $7.5M sale to D.R. Horton
Garner developer flips $1M land deal into $7.5M sale to D.R. Horton
A local company has scored a major return on over 100 acres primed for new homes in Johnston County.
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A local company has scored a major return on over 100 acres primed for new homes in Johnston County.
A local company has scored a major return on over 100 acres primed for new homes in Johnston County.
These are the Charlotte area's most active homebuilders β and top-selling neighborhoods.
These are the Charlotte area's most active homebuilders β and top-selling neighborhoods.
The Texas-based developer bought a 43-acre parcel of land approved for the construction of 119 homes, some of which have already been built by the previous owner.
The Texas-based developer bought a 43-acre parcel of land approved for the construction of 119 homes, some of which have already been built by the previous owner.
Oxford, located an hour north of Raleigh and 30 minutes north of Durham, is increasingly catching the eye of some of the biggest homebuilders in the country.
Oxford, located an hour north of Raleigh and 30 minutes north of Durham, is increasingly catching the eye of some of the biggest homebuilders in the country.
D.R. Horton Inc. tempered its expectations for home sales and said itβs granting more buyer incentives to help navigate a slowdown in demand.Β The company expects to deliver 83,000 to 85,000 homes in its full fiscal year, according to its earnings statement Thursday, down from its previous projection of 88,000 to 90,000 homes. D.R. Hortonβs deal cancellation rate for the three months through June rose to 24% from 17% a year earlier as soaring mortgage rates caught buyers by surprise.Β Fortu...
D.R. Horton Inc. tempered its expectations for home sales and said itβs granting more buyer incentives to help navigate a slowdown in demand.Β The company expects to deliver 83,000 to 85,000 homes in its full fiscal year, according to its earnings statement Thursday, down from its previous projection of 88,000 to 90,000 homes. D.R. Hortonβs deal cancellation rate for the three months through June rose to 24% from 17% a year earlier as soaring mortgage rates caught buyers by surprise.Β Fortu...
The 110-acre community is still pending final approval by the Pearland City Council.
The 110-acre community is still pending final approval by the Pearland City Council.
D.R. Horton, the nationβs largest homebuilder, reported βoutstandingβ Q2 earnings despite ongoing supply chain challenges, a tight labor market, and the uptick in mortgage rates.Β
The post D.R. Horton sees βoutstandingβ profits despite increased costs, build time appeared first on HousingWire.
D.R. Horton, the nationβs largest homebuilder, reported βoutstandingβ Q2 earnings despite ongoing supply chain challenges, a tight labor market, and the uptick in mortgage rates.Β
The post D.R. Horton sees βoutstandingβ profits despite increased costs, build time appeared first on HousingWire.
The proposed neighborhood β Montage 7 β is planned east of the International School at Mesa del Sol and west of the Gateway multifamily development.
The proposed neighborhood β Montage 7 β is planned east of the International School at Mesa del Sol and west of the Gateway multifamily development.
D.R. Horton has made a flurry of deals recently in the outlying areas of the Greater Triangle as growth seeps out of Wake and Durham counties.
D.R. Horton has made a flurry of deals recently in the outlying areas of the Greater Triangle as growth seeps out of Wake and Durham counties.
Officials with the joint venture β backed by an unidentified lender β plan to invest around $500 million in the single-family rental space across eight developments.
Officials with the joint venture β backed by an unidentified lender β plan to invest around $500 million in the single-family rental space across eight developments.