Builders American Legend Homes, Bloomfield Homes, Highland Homes, Perry Homes and Westfield Homes will offer homes priced from the low $400,000s to the $600,000s.

For the first phase of development, the developer will deliver a mix of 45- to 70-foot lots to builders.

The 2026 National Housing Supply Summit was held in Washington, D.C., on March 18.

Pending sales increased from 2,228 in January to 2,303 in February. Pending sales increased statewide as well.

The builder is offering eight floor plans at Lone Oak, with three to five bedrooms and two to three bedrooms.

Floor plans range from 1,602 to 2,733 square feet with three to five bedrooms, two to 2.5 bathrooms and attached two-car garages.

Pricing in the community, located at 2901 Lakeside Village Blvd., begins at $1.799 million.

The builder is offering eight fully customizable floor plans ranging from 3,580 to 3,640 square feet with four to five bedrooms and three to four bathrooms.

Amid decreased sales, the average new-home price decreased 2% month over month from $460,235 to $449,948.

Affordability challenges continue to bedevil homebuyers, despite mortgage rates falling to a three-year low, the National Association of Home Builders reported. 

A sales center is open at 109 Sweet Tea Road.

Homebuyers purchased 2,027 new homes during the month, down from 2,141 in July but up from 1,862 in August 2024.

The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022. 

Brick, stone and siding exteriors are available. Pricing begins in the mid-$300,000s.

Construction and project management will be led by CK Management Services and Next Way Concepts.

At the same time, completions of new single-family homes were on the rise last month, according to federal statistics.