Amazing growth, exceptional opportunity.

"Over the longer term, the outlook for housing markets is favorable. With household growth accelerating and second home demand climbing... housing production should average more than two million units annually over the next ten years."

– Harvard University Joint Center for Housing Studies, State of the Nation's Housing

With expectations for significant growth, the long-term outlook for housing and real estate is strong and exciting. Influencing long-term demand for residential lots and commercial use land parcels are demographics such as population growth, immigration, in-migration and household formation. Influencing near-term demand for new single-family housing is employment growth and affordability.

Between 2000 and 2030, the U.S. population growth is expected to exceed 80 million, driving the creation of 45 million new jobs, and 20 million new households. Over this same time period, housing units are projected to increase by an average of 2 million each year — a staggering figure considering the previous record high of 2.4 million in 1970.

The lots we deliver in the majority of our communities are for mid-priced homes, predominantly in the first and second move-up categories, the largest segments of the new home market. We invest primarily in strategic growth corridors, markets with significant growth characteristics for population, employment and household formation.