May 15, 2024: New Home Communities in Terrell, Hawaii, Folsom, Mapleton, Atlanta, and Fredericksburg

Welcome to today’s roundup of exciting developments in the real estate market! From the unveiling of a massive 1,500 home community in Terrell to luxury oceanfront properties in Hawaii and the latest sales achievements in Folsom, our coverage spans a variety of unique housing opportunities across the United States. Whether you’re drawn to the family-friendly estates in Mapleton, Utah, the chic urban townhomes in Atlanta’s West Midtown, or the serene single-family homes near downtown Fredericksburg, each story offers a glimpse into the dynamic world of housing and community building. Dive into our detailed reports to discover how these developments could shape your future home dreams.

New 1,500 home community coming to Terrell

A new community of some 1,500 single-family homes is slated for Terrell. Construction on Northspur, a 700-acre master-planned community located approximately 30 minutes east of Dallas, is now underway. The first phase will be roughly 230 lots. Dallas-area builders M/I Homes and Impression Homes will construct the first houses. Builders will begin selling in June, and the homes will be finished in the fall. Prices will range from the $300,000s to the $500,000s. Homes will range from 1.5 to three bathrooms and two to four bedrooms. A variety of lot sizes will be offered. Hines, a Houston real estate investment manager, and Trez Capital, one of North America’s largest non-bank commercial real estate lenders, are behind the development. The site is located just north of Highway 80 at Spur 557, between downtown Terrell and downtown Forney. Read more here.

Brookfield Residential Hawaii Debuts Two New Models at Oceanfront New Home Community in Hawaii

Brookfield Residential Hawaii, an award-winning home builder specializing in luxury new homes in Hawaii, has announced the opening of two new model homes at Holua Kai, the newest oceanfront community on the Big Island of Hawaii. The popularity of Holua Kai stems from the unique opportunity to own a brand new luxury home in an oceanfront community. The homes, priced from the low $900,000s, offer three- and four-bedroom plantation-style designs that maximize natural ventilation and lighting, taking advantage of cool sea breezes and panoramic views. Brookfield Residential Hawaii is known for its quality homes and has received overwhelming interest in the new models. Tours of the new model homes are available daily. For more information and to schedule a tour, visit here.

Report: Folsom In Top 5 Of Region’s Latest New Home Sales Totals – Folsom Times

Despite the slight increase in mortgage interest rates in April, Sacramento-area new home sales in Folsom have recorded the third-highest total for the month since 2006, according to the North State Building Industry Association. BIA members reported selling 584 new homes regionwide in April, well above the monthly average. Folsom ranked in the top 5 with 49 new homes sold, highlighting the strong demand for housing in the area. To learn more about the latest new home sales totals in Folsom, read the full article here.

Century Communities Reveals New Model Home in Mapleton, UT Community

Century Communities, Inc., one of the nation’s largest homebuilders, has unveiled a new model home featuring their popular Summit floor plan at Mapleton Heights in Mapleton, UT. The community is set to release a new phase of single-family estate homes, offering two-story floor plans with desirable features such as spacious primary suites, lofts, and multi-generational layouts. With a prime location providing easy access to Provo, American Fork, and major attractions like Utah Lake State Park, Mapleton Heights offers an ideal living experience. Homes in the $700s are currently available for purchase both in-person and online. Learn more about Mapleton Heights and its new phase of homes here.

Toll Brothers announces new luxury homes coming soon to popular Atlanta neighborhood | Urbanize Atlanta

Toll Brothers, the nation’s leading builder of luxury homes, has announced its newest community, 568 West, coming soon to Atlanta’s desirable West Midtown neighborhood. The community will offer 34 new 4-story townhomes with private rooftop terraces and 2-car garages. With approximately 2,540+ square feet of luxury living space, each home will showcase Toll Brothers’ outstanding quality and craftsmanship. Priced from the mid-$700,000s, these homes provide easy access to the best of Atlanta’s shopping, dining, and entertainment. For more information, visit here.

49 single-family houses near downtown Fredericksburg – The Washington Post

Ruffins Reserve, a planned community of single-family houses, is now selling and under construction about six miles south of downtown Fredericksburg. Atlantic Builders offers eight floor plans with lots of options for buyers interested in new construction in the Fredericksburg area. The community is being developed in phases, with 25 sites in the first group, and more sites expected to become available later this year. In addition to the 49 houses by Atlantic Builders, Drees Homes is also building on 24 home sites in the community. To learn more about buying a new home in Ruffins Reserve, read the full article here.