May 29, 2024 Housing Market News

Welcome to today’s roundup of the latest developments in the real estate market! From the unveiling of Horizon Lakes, a unique master-planned community near Rockwall, to the ambitious Dublin Centre project in California, and the buoyant new home sales in Las Vegas, our coverage spans significant updates that shape living spaces across the United States. Additionally, we spotlight the commendable efforts of Our Spot KC in providing a safe haven for the LGBTQ+ community in Kansas City, and the expansive Walden Pond development in Forney, Texas. Dive into these stories to discover how these developments are not just constructing homes but fostering vibrant communities.

Your first look inside this top-notch new home community near Rockwall – CultureMap Dallas

There’s something wonderful happening near Rockwall, in the city of McLendon-Chisholm. A new master-planned community called Horizon Lakes is in the works, and it’s going to be unlike any neighborhood you’ve seen before.

Welcome home! Horizon Lakes is the latest from developer Huffines Communities, which is renowned for crafting excellent communities that include residential, commercial, and recreational areas.

But no two Huffines communities are the same. When finished, Horizon Lakes will have approximately 1,800 homes spread over 900 acres, and currently offers its future residents a range of carefully chosen lot sizes upon which to build their dream home.

Families can enter into the A-rated Rockwall Independent School District, and this picturesque community is a stone’s throw away from Rockwall’s vibrant shopping, dining, and entertainment options, ensuring that everything you need is within easy reach.

All the amenities! One of the best parts about living in a master-planned community is the plethora of amenities. At Horizon Lakes, you’ll of course find lush landscaping and two luxurious entrances, but the perks continue throughout the property.

A family pool with kiddie splash pad is balanced by an adult pool and a swim-up bar, plus a kayak launch into one of the three recreational lakes (which do allow fishing!).

An outdoor grill area and fire pits encourage get-togethers with your neighbors, while the kids will have several fun playgrounds to monkey around on.

More than 12 miles of hike and bike trails wind through the community, and there’s a top-notch fitness center when AC is a must. Pickleball fanatics can play to their heart’s content at the pickleball complex, which offers four courts for countless hours of play.

There’s even an outdoor amphitheater, grand ballroom, and event chapel for concerts and celebrations of all kinds.

The value of a Huffines development! Huffines communities bring exceptional value to the areas they develop, and Horizon Lakes is no exception.

The firm’s commitment to thoughtful community planning ensures long-term benefits for residents and the surrounding region. By integrating residential and recreational spaces, Huffines developments create vibrant neighborhoods that enhance the quality of life for residents.

Former Arlington Mayor Jeff Williams has praised Huffines for its transformative impact, saying, “Donald and Phillip Huffines are visionary leaders who are wonderful people with a tremendous track record in land development. Their many successful projects over the decades are evidence they are some of the best developers in Texas. For example, Viridian Master Planned Community was valued at $8 million in 2009. Today, in only 15 years, the value has risen to $2.1 billion! The Huffines under-promise and over-deliver in all aspects of their developments. I am hoping they find additional opportunities in Arlington and throughout Texas.”

Learn more today! For nearly 40 years, Huffines Communities has been developing some of the most iconic communities in North Texas, including Solterra Texas in Mesquite and Inspiration in Wylie.

Horizon Lakes is located at 1511 Pullen Rd., just seven minutes off Highway 35. Head here to learn more and sign up for the latest news.

LANDSEA HOMES CLOSES ON 500 HOMESITES FOR A NEW COMMUNITY IN DUBLIN, CALIFORNIA

Landsea Homes Corporation, a publicly traded residential homebuilder, has announced the acquisition of 500 homesites for a new master-planned community called Dublin Centre in Dublin, California.

“Today’s announcement is a huge milestone for Landsea Homes as it marks our largest master-planned community in the Bay Area, supporting our growth for this important region as we create a highly desirable community of new High Performance Homes,” said Tom Baine, California Division President, Landsea Homes. “We look forward to seeing all those who will call Dublin Centre home and live in their element for years to come.”

Located in East Dublin, Dublin Centre will feature 500 homes of various product types including single-family detached and attached townhomes with traditional and modern architecture styles. Select floorplans will feature LiveGen™ suites, ideal for multigenerational living with first-floor bedrooms and optional kitchenettes that function as buyers see fit.

Pricing will be announced at a later date. Development is slated to begin this year and sales are expected to begin in late 2025.

Residents of Dublin Centre will enjoy a large community swim center and water park, as well as a central gathering area. The community is adjacent to a planned entertainment district, close to Grand Paseo public park, Emerald Glen Park, Fallon Sports Park, and within walking distance to several highly rated K-12 schools. Local walking and biking trails abound, including the Iron Horse Trail.

Every home at Dublin Centre will contain Landsea Homes’ renowned High Performance Home features, including smart home automation technology utilized by the Apple HomeKit™ to make life at home healthier and more comfortable. The smart home automation features include an Apple® HomePod mini™, wireless access point, Wi-Fi enabled entry door locks, thermostat control, garage door opener control, light dimmer switches, a doorbell camera, and smart home activation via Best Buy’s Geek Squad.

Homes will also contain the REME HALO® air purifier, a state-of-the-art product that mitigates indoor contaminants to keep residents safe and support healthy living by reducing airborne particles and air pollutants, killing up to 99% of bacteria, allergens, and odor.

Dublin is a highly desirable East Bay city located in Alameda County’s Tri-Valley region. It is located close to Interstate 580 and Interstate 680, roughly 35 miles east of downtown San Francisco, 23 miles east of downtown Oakland, and 31 miles north of downtown San Jose.

Living in Dublin offers residents an urban and suburban mixed feel, with plenty of restaurants, coffee shops, and parks close by. The city is currently home to the headquarters for a multitude of companies including Sybase, CallidusCloud, Patelco Credit Union, Ross Stores, TriNet, Medley Health, and Arlen Ness Motorcycles, among others.

“Dublin is an ideal place to call home with its top-rated schools, shopping, dining, and outdoor recreation. Homes at Dublin Centre will provide buyers with a great overall quality of life,” added Baine.

Landsea Homes communities currently selling in Northern California include Alameda Marina in Alameda, Verandah in Novato, and Blossom at Baldwin Ranch in Patterson.

For more about Landsea Homes, visit: www.landseahomes.com.

Las Vegas builders optimistic about market | New Homes | Homes

Las Vegas new homebuilders are optimistic about the market after recording their best three-month stretch since interest rates started rising in 2022. The 3,422 net sales in the first quarter surpassed previous years and limited inventory on the existing home market side has helped boost new-home sales.

Luke O’Loughlin, director of sales at Richmond American Homes, points to the company’s own mortgage company and rate buy-downs as factors that make new homes more affordable for buyers. Richmond American plans to roll out a larger two-story product this year and attached home sales continue to be popular.

Aaron Hirschi, the president of KB Home’s Las Vegas Division, is excited about the strengthening demand and favorable demographics. KB targets entry-level and move-up buyers and has acquired more than 600 lots so far in 2024. They have several new communities opening soon.

Taylor Morrison Las Vegas Division President Kent Lay believes that potential buyers have adjusted to higher interest rates and are willing to pay the price for a new home. Taylor Morrison is still giving incentives to help with interest rates. Lay expects consistency in sales throughout the year.

As long as resales stay down, new-home sales will do well. If the Federal Reserve lowers interest rates, there may be a spike in buying. Las Vegas builders remain optimistic about the market and believe it’s a good time to buy a home.

For more information, click here.

Local nonprofit finds new site to offer KC’s LGBTQ+ community a new home

A local nonprofit in Kansas City, Our Spot KC, focused on eradicating homelessness in the LGBTQ+ community, has found a new home of its own. The organization announced that it had secured a reimagined former Center Annex School Building in the Marlborough East Neighborhood to serve as a resource hub and safe haven.

More than just a physical space, the new location aims to provide solace, support, and a sense of belonging for the LGBTQ+ community. Led by Star Palmer, the project seeks to create a safe and welcoming environment.

The hub will serve as the heart of operations, offering vital services and programs, including those previously provided by the Kansas City Center for Inclusion. The unification of these organizations will allow life-changing services to be offered at the Navigation Center.

While the grand opening is on the horizon, there is still work to be done. Donations can be made here. Help spread the word and support this important cause.

Forney, Texas 2,000-home Walden Pond development in the works | wfaa.com

Builders are cranking up pre-sales and opening model homes in Walden Pond, a large, new multi-phased residential community in Forney, Texas. Spanning 214 acres, Walden Pond will offer 2,055 single-family home sites across three sections: East, West, and South. The development, located near Lake Ray Hubbard and east of Dallas, will feature green space, parks, an amenity center, hike and bike trails, and is zoned for the Forney Independent School District.

Homebuilders in Walden Pond include Brightland Homes, Lennar, UnionMain Homes, and Pacesetter. UnionMain has already begun pre-sales and plans to open its model home on June 10. The company expects to be the first builder to open sales in the Walden Pond West section, offering a mix of floor plan options on 40-foot and 50-foot lots.

UnionMain has completed its first 50 lots and plans to build a total of 200 homes between the three phases. Home prices will start at $309,990. The development will also feature parks, hiking and biking trails, and a centrally located community center.

Forney’s new-home market is driven by booming population growth, making it one of the fastest-growing cities in the country. Walden Pond offers an ideal blend of suburban living and modern conveniences, providing a stress-free buying experience for homeowners.

For more information, click here.