Lindhorst joined Mattamy as COO in February after working at D.R. Horton for the previous 16 years.

New builds are about the same price as existing homes on the market, but that is not due to rising regulatory costs builders have to pay.

The seasonally adjusted annual rate of 628,000 homes topped Wall Street’s estimates. 

LGI Homes officially opened Blue Ridge Crossing, its new-home community in the north Dallas town of Blue Ridge.

“While the improvement in days on market last month is encouraging, the decline in pending sales is also consistent with seasonality,” HomesUSA CEO Ben Caballero explained.

Offerings include both single- and double-wide layouts with up to three bedrooms and interiors equipped with ENERGY STAR appliances.

Mattamy Homes announced three new floor plans and 40-foot homesites in the Villages of Hurricane Creek.

The project features 28 brownstone-style townhomes, located within walking distance from the Dallas Farmers Market and the historic eastern downtown area.

Houston-based First America Homes expanded into the Dallas-Fort Worth market with the acquisition of 81 homesites at the Leonard Trails community in Anna.

Trophy Signature Homes will build a new home community called Nicholson Ranch in Lavon.

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Despite a monthly decline, the rate of new-home construction still came in above consensus estimates. 

Among the top 50 metro areas, Boston and Miami led the pack. 

Builder confidence saw a modest bump in May, but affordability challenges continue to weigh heavily on the housing market, according to new survey from the National Association of Home Builders. 

The Discovery Lakes sales office is located at 1644 Canyon Lake Drive.

Mattamy Homes opened two staged model homes at The Bridges at Preston Crossings, a resort-style community located within The Bridges Golf Club in Gunter.