Major Home Builder Sells Out of 4 Arizona Communities in Less than 15 Months

Major Home Builder Sells Out of 4 Arizona Communities in Less than 15 Months

As developers continue to buy land to build Arizona neighborhoods, demand for new construction housing remains high. Recently, a major home builder sold out of 4 Arizona communities in less than 15 months. Here is more on this recent development in the Arizona real estate market:

Landsea?s Recent Homes Sales

Landsea Homes recently announced that it has sold out of its inventory of homes in four master-planned communities. The neighborhood developments include?Grand Village, Mountain Views, Destiny at Verrado, and Trenton Park. The sales were remarkable in that they took place less than fifteen months after homes in the communities became available. In total, the homebuilder sold almost 400 properties. When asked about the sales, Todd Condon, vice president of marketing and sales, Landsea Homes? Arizona division, stated that ?[t]he rate at which we’ve sold nearly 400 homes in such a short time is a statement that our homebuyers quickly capitalized on the location, desirability, and value that these communities offered.?

Landsea in Avondale

Last month, Landsea began construction on Riata at Alamar in Avondale. The master-planned community is scheduled to open in October of 2020 and will feature homes ranging from 1,800 square feet to 2,800 square feet. The first phase of Alamar will have 461 homes and six neighborhoods. According to a recent article, Riata at Alamar is one of the largest master-planned communities to be developed since 2013. The City of Avondale has worked in partnership with Landsea to build the community with a 30-acre regional park as its central hub. The neighborhood development will offer residents over ten miles of hike and bike trails, 34 parks, and other multi-use outdoor spaces.

Landsea in Goodyear and Buckeye?

In May, the homebuilder announced that it had acquired 178 new homesites for two different master-planned communities, Estrella in Goodyear and Verrado in Buckeye.

Vidrio at Estrella will be a 92 single-story home community with properties ranging from 1,900 square feet to 2,300 square feet. The neighborhood will also feature a 50-mile trail system and offer outdoor recreational use.

Set amid the beauty of the White Tank Mountains, Victory at Verrado will offer duplex living for those 55 and up. The units will be from 1,200 square feet to 1,300 square feet, offering two different floor plans. The community will feature 21 miles of hike and bike trails for all fitness levels and golf fairways. Residents can also walk to the community?s Main Street district to enjoy retail shopping and restaurants.

When navigating through a real estate issue in Arizona, it?s crucial that you have an experienced real estate attorney to protect your interests. Laura B. Bramnick is an experienced Arizona real estate attorney who can help you manage all aspects of your Arizona real estate matter. If you are seeking an exceptional, client-driven real estate lawyer in Phoenix and throughout the State of Arizona, contact Laura B. Bramnick to schedule your consultation.

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