New home sales

Texas new home sales tick higher as spring buying season nears

Retrieved on: 
Wednesday, March 20, 2024

The 3-month average of new home sales in Dallas-Ft. Worth, Houston, Austin and San Antonio last month combined totaled 5,180 sales versus 5,119 in January.

Key Points: 
  • The 3-month average of new home sales in Dallas-Ft. Worth, Houston, Austin and San Antonio last month combined totaled 5,180 sales versus 5,119 in January.
  • "February new home sales are signaling that the spring home buying season is coming,” added Caballero.
  • Pending sales continued to rebound in February, as the average 3-month pending sales were higher in each of the four largest Texas new home markets.
  • ( See Chart 2: Texas New Home Sales )
    The average prices of new homes flattened overall in Texas last month.

Seasonality pushes Texas new home sales lower, “Spring will see a rebound,” Ben Caballero says

Retrieved on: 
Wednesday, February 21, 2024

In January, the 3-month average new home sales in Dallas-Ft. Worth, Houston, Austin and San Antonio combined show a of 5,119 sales versus 5,350 sales in December.

Key Points: 
  • In January, the 3-month average new home sales in Dallas-Ft. Worth, Houston, Austin and San Antonio combined show a of 5,119 sales versus 5,350 sales in December.
  • For Texas, the average DOM was up slightly with January at 102.05 days versus 100.26 days in December.
  • The average 3-month new home prices in three of the four largest new home markets in Texas were stable in January.
  • Caballero explained the 3-month moving average indices track market seasonality, while the 12-month moving average removes the seasonality and tracks the longer trend.

Rechat Partners with Phyllis Browning and Harvey Kalles; Increasing its LeadingRE Brokerage Relationships to Seven and Marking the Firm's Entry into Canada

Retrieved on: 
Thursday, February 22, 2024

DALLAS, Feb. 22, 2024 /PRNewswire/ -- Rechat, real estate's only AI-powered Experience Management Platform that empowers agents to manage their entire business from the palm of their hand, today announced that it has partnered with Phyllis Browning Company and Harvey Kalles Real Estate Ltd. to provide their agents with access to Rechat's award-winning centralized product suite. In addition to being leaders in their local markets, Phyllis Browning and Harvey Kalles are members of Leading Real Estate Companies of the World®, the global network of the premier independent real estate firms.

Key Points: 
  • Rechat Partners with Phyllis Browning and Harvey Kalles; Increasing its LeadingRE Brokerage Relationships to Seven.
  • To date, seven LeadingRE affiliated firms, with nearly 3,000 agents, have partnered with Rechat as their preferred solution for managing relationships, deals and marketing.
  • "As industry leaders, Phyllis Browning and Harvey Kalles understand the correlation between an exceptional experience and business growth.
  • Harvey Kalles Real Estate Ltd. has been a fixture in the Toronto residential real estate market for more than 65 years.

Texas new home sales finish the year strong as outlook brightens

Retrieved on: 
Wednesday, January 24, 2024

DALLAS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Texas average new home sales were higher in all four of its largest markets last month, with Dallas-Ft Worth, Houston, and Austin turning in strong year-end sales as the outlook for 2024 brightens.

Key Points: 
  • DALLAS, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Texas average new home sales were higher in all four of its largest markets last month, with Dallas-Ft Worth, Houston, and Austin turning in strong year-end sales as the outlook for 2024 brightens.
  • In December, average home sales were higher in Texas’ four largest markets, with Dallas-Ft Worth, Houston, and Austin turning in higher end-of-the-year sales.
  • Last month, the 3-month moving average of new home MLS sales in Texas' four largest markets was 5,350 versus 5,172 in November.
  • "Texas new home sales finished the year strong,” said Ben Caballero, America's No.

Texas new home sales steady as year closes, poised for growth in 2024

Retrieved on: 
Thursday, December 21, 2023

The 3-month moving average of new home MLS sales in Texas' four largest markets for last month was 5,172 versus 5,125 in October.

Key Points: 
  • The 3-month moving average of new home MLS sales in Texas' four largest markets for last month was 5,172 versus 5,125 in October.
  • "The Texas new home market is steady as we head into the holiday season," said Ben Caballero, the No.
  • According to the HomesUSA.com New Home Sales Index’s 3-month average, new homes had fewer Days on Market in Houston and Austin.
  • "The Texas new home market is poised for growth, if what many leading economists are predicting comes true – that mortgage rates improve in 2024.

Texas new home sales were flat last month but 2024 “looks strong”

Retrieved on: 
Monday, November 27, 2023

"The strength I’m seeing in new home production and sales this fall indicates that 2024 looks strong for Texas home builders,” said Ben Caballero, America's No.

Key Points: 
  • "The strength I’m seeing in new home production and sales this fall indicates that 2024 looks strong for Texas home builders,” said Ben Caballero, America's No.
  • "The Texas new home market in October sounds like a broken record – strong and steady, strong and steady," noted Caballero.
  • ( See Chart 2: Texas New Home Sales )
    The average price of new homes in all four major new home markets were lower last month.
  • ( See Chart 4: Texas Sales-to-List Price Ratio )
    Based on local MLS data, pending new home sales decreased in three of the four Texas major markets last month.

SunPower Brings Solar Energy to Hundreds of Low-Income Renters

Retrieved on: 
Tuesday, November 14, 2023

RICHMOND, Calif., Nov. 14, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, plans to install over 1 megawatt of solar at Poppy Grove in Elk Grove, CA, making it one of the largest affordable housing communities in the nation to run on renewable energy. The 2,649-panel system is designed to offset up to 80% of the residents' consumption helping them save up to $1,000 annually on their utility bills.

Key Points: 
  • "The cost to power a home can pose a significant financial burden on low-income families, especially with increasing electricity costs.
  • Solar can effectively provide affordable energy making it a highly valued amenity for affordable housing communities," said Matt Brost, vice president of New Homes Sales for SunPower.
  • Poppy Grove helps meet the city's needs for low-income housing progressing SunPower's commitment to make solar more accessible and equitable.
  • SunPower also helped Poppy Grove developers utilize available incentives within the Inflation Reduction Act to help make the energy investment more affordable.

SunPower Reports Preliminary Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

The company recently announced in a Form 8-K filing that it plans to restate, as soon as practicable, the financial statements for fiscal year 2022, first quarter 2023 and second quarter 2023.

Key Points: 
  • The company recently announced in a Form 8-K filing that it plans to restate, as soon as practicable, the financial statements for fiscal year 2022, first quarter 2023 and second quarter 2023.
  • Topline growth: SunPower rebounded solar adoption in the third quarter, with September retrofit bookings up nearly 60% from August.
  • Accelerated solar purchases with digital enhancements: This quarter, SunPower automated its sales processes to significantly speed the time it takes for customers to speak with SunPower about acquiring products and services.
  • In the third quarter, the company continued to increase lease bookings, with total third quarter Lease Net Bookings growing 217% year-over-year.

Builders Make SunPower Solar a Standard Feature for New Homes

Retrieved on: 
Tuesday, October 31, 2023

RICHMOND, Calif., Oct. 31, 2023 /PRNewswire/ -- SunPower (NASDAQ:SPWR), a leading residential solar technology and energy services provider, today announced it signed deals with four new home builders for solar standard communities across the country, signaling a rising prioritization of more sustainable, reliable, and affordable energy in new home building. Now Beazer Homes, CC Homes, Meritage Homes and Toll Brothers are pre-installing SunPower Equinox® solar systems in select communities, making it easier than ever for homeowners to adopt clean energy. These four deals represent nearly 1,000 solar homes across eight states.

Key Points: 
  • Now Beazer Homes, CC Homes, Meritage Homes and Toll Brothers are pre-installing SunPower Equinox® solar systems in select communities, making it easier than ever for homeowners to adopt clean energy.
  • That's exactly what Beazer Homes, CC Homes, Meritage Homes and Toll Brothers are doing."
  • The builder will soon begin including solar as a standard feature on single-family homes and townhomes across the greater Denver area.
  • Beazer Homes (NYSE: BZH) plans to add SunPower solar to 125 homes across Maryland and Delaware including the Chase Oaks development in Lewes, DE and all future homes built at Holly Farms in Parkville, MD.

Texas new home sales decline, yet market remains “strong and steady”

Retrieved on: 
Tuesday, October 24, 2023

"The Texas new home market remains strong and steady," said Ben Caballero, America's No.

Key Points: 
  • "The Texas new home market remains strong and steady," said Ben Caballero, America's No.
  • In Texas' top four markets, last month's 3-month moving average new home price was $458,814 versus $460,060 in August.
  • According to the HomesUSA.com New Home Sales Index, the pace of new home sales peaked in three of the four major markets where Days on Market improved.
  • The report features 3-month and 12-month moving averages for six essential market data, including Days on Market, sales volume, sales prices, a sales-to-list price ratio, pending sales, and active listings.