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Century Communities increases presence in Dallas-Fort Worth, Lance Lambert states

Century Communities increases presence in Dallas-Fort Worth, Lance Lambert states
Century boosts Dallas-Fort Worth homebuilding

Century Communities, identified as America’s 10th-largest homebuilder, has increased its exposure in the Dallas-Fort Worth market as part of a long-term strategy.

Lance Lambert noted that Dallas and Houston are currently the epicenters of U.S. single-family homebuilding.

The expansion comes as U.S. 30-year fixed mortgage rates have remained elevated, holding above 7.50 percent for 11 consecutive days and recently climbing to 7.60 percent, according to recent data. Lance Lambert previously reported that the average U.S. 30-year fixed mortgage rate reached 7.56 percent, with the 10-year Treasury yield at 5.28 percent earlier in the period. Elevated mortgage rates have remained a key factor in the housing market.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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