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Lennar will have a two weekend celebration of the Grand Opening of Clay Corner, its newest community in Carmel, Indiana – Aug. 11/12 and Aug. 18/19. Tour the Pennington Model, our new Master on the Main Floor design, part of the impressive Heritage Collection with homes showcasing Lennar’s distinctive Everything’s Included® approach.
Aptly named for its perfect location at the corner of Clay Center Drive and Main Street, Clay Corner makes a remarkable first impression with lovely streetscapes and alley-entry garages.
With its setting in one of the most sought-after suburban cities around Indiana’s capital city, Clay Corner presents a rare homebuying opportunity in an enviable community. Clay Corner lies near parks, cultural hotspots, shopping, dining, and walking and biking trails.
At Clay Corner’s Grand Opening, Lennar unveils the newly designed Heritage Collection of four floorplans ranging from 2,099 to 3,185 square feet. Generous spaces encompass one ranch-style and three two-story home designs.
The collection of new homes also boasts Lennar’s innovative Everything’s Included® array of features. Most other homebuilders consider these features as add-ons where the additional prices are then passed on to you.
At Clay Corner, every home will offer Wi-Fi-certified designs and every kitchen provides high-quality, stainless steel GE® appliances and elegant quartz countertops. In the owners suite, the lavish bath features a shower with ceramic tile surround, semi-frameless shower doors or walk-in showers, marble seating, and a mosaic-tile floor. Those are just a few home-design attributes in a community surrounded by many other grand features.
Clay Corner provides community trails for residents to enjoy and a playground that’s perfect for youngsters.
For outdoors enthusiasts, nearby Coxhall Gardens offers 125 acres to explore. The gardens include fascinating spots, an outdoor amphitheater, a fishing pond, walking and bicycling trails, a prairie, a playground, and more. Several other parks and recreation opportunities are also nearby, including West Park.
Homeowners at Clay Corner enjoy quick access to the best of Indianapolis. Clay Corner is easily accessible to Meridian Street, US 31 and I-465 for quick commutes to Indianapolis’ six Fortune 500 companies and other top employers. As part of the highly ranked Carmel Clay Schools, the district’s West Clay Elementary School, Creekside Middle School and Carmel High School are all within four miles.
With so much to celebrate, Lennar’s Grand Opening provides a chance to experience the unique homebuying opportunity for the Heritage Collection of homes priced from the upper $300,000s. The festivities from 11 a.m. to 6 p.m. both days will include light refreshments.
Join Clay Corner’s VIP list to receive email updates, pricing, and more information. To stop by or call, contact:
Clay Corner Welcome Home Center
1517 Lash Street, Carmel, IN 46032
Mimi O’Hara – New Home Consultant
(317) 400-9155
Mimi.Ohara@Lennar.com
INDIANAPOLIS, IN, August 6, 2018 – Lennar Corporation (NYSE: LEN and LEN.B), the nation’s leading homebuilder, today announced plans for a new community situated in the heart of downtown Indianapolis. The former Omar Bakery, located at East 16th Street and Bellefontaine Avenue, will soon make way for an intimate collection of 34 townhomes in what is now one of Indianapolis’s hottest up-and-coming neighborhoods.
Dubbed The Bakery Townhomes, the new community is located in Monon16, in the venerable Old Northside area now undergoing $50 million in redevelopment initiatives. Recently named Homebuilder of the Year by Builder Magazine, Lennar plans to offer its Wi-Fi CERTIFIED™ Home Designs as part of its signature Everything’s Included® program. The townhomes will come with an array of smart-home products from top manufacturers like Sonos, Ring, Samsung, Lutron and Honeywell – all activated and brought life by Amazon.
“We are pleased to have the opportunity to bring these innovative home designs to this highly sought after area,” said Craig Jensen, Indianapolis Division President for Lennar. “The Bakery Townhomes will offer an ideal location within walking distance of some of the city’s finest amenities and newest hotspots.”
The Bakery Townhomes will offer convenience to hotspot destinations in Downtown Indianapolis. The community sits around the corner from the culturally vibrant Massachusetts Avenue. A quick one mile stroll offers a variety of popular restaurants, unique retailers, quaint coffee shops, craft breweries and more. Residents will also enjoy the included lawn-maintenance and snow-removal services.
The Bakery Townhomes will sit adjacent to the 17-acre Frank & Judy O’Bannon Soccer Park. The existing park is surrounded by a variety of popular restaurants, retailers, coffee shops, craft breweries and artisanal bakeries. Directly across from the park and connected via a walking path to The Bakery is the Monon Trail, an important urban transportation corridor connecting neighborhoods, recreational facilities, cultural centers and schools between downtown Indianapolis and the northern suburb.
Details about The Bakery’s designs and floorplans will be available soon.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. For more information about Lennar, visit www.lennar.com.
San Diego, Calif. – August 2018 – Over the past few weeks, Lennar San Diego Grand Opened three new communities and enjoyed incredible turnouts at each event. Boulevard at Millenia in Chula Vista, Cavalli at Harmony Grove Village in Escondido and Skye at Del Sur all unveiled new model homes with a fun event where hundreds of people came out to enjoy complimentary food, fun and to explore these brand-new neighborhoods.
“We couldn’t be happier with how well-received each of these premier communities were,” said Laurie Massas, Vice President of Sales and Marketing for Lennar San Diego. “We’re thrilled to offer new homes for sale in some of the most desirable locations across North and South County, and the positive feedback helps us feel assured that we are building homes for the way modern families live today.”
Boulevard at Millenia is a new community in Chula Vista, situated adjacent to the Otay Ranch Town Center. Located in a mixed-use masterplanned community, Boulevard presents a collection of upscale townhomes for sale starting from the mid $400,000s. These urban-inspired residences showcase three distinctive floorplans, each with open-concept living areas, modern kitchens, walk-out second level balconies, expansive master suites and convenient first-floor bedrooms.
Skye at Del Sur is a new neighborhood in the highly-sought after masterplanned community that presents homeshoppers with a collection of contemporary tri-level townhomes for sale. Priced from the high $600,000s, homeshoppers will find a collection of five distinctive attached home designs to choose from with floorplans that offer up to four bedrooms and four bathrooms. Homeowners enjoy access to acclaimed schools of the Poway Unified School District along with Del Sur’s extensive amenities.
Cavalli at Harmony Grove Village is the newest community to the Escondido-based masterplan. Homeshoppers will find a collection of six distinctive and spacious single-family home designs to choose from with sizes that range from approximately 2,686 to 3,054 square feet of living space. Providing beautiful home designs that showcase open-concept living areas, gourmet kitchens, large master suites and covered California rooms for stylish indoor-outdoor living, these homes are priced starting from the mid $600,000s.
As new Lennar communities, every home at Cavalli, Boulevard and Skye all come outfitted with high-end features and appointments as standard through the Everything’s Included® program. Lennar signature program puts items such as stainless steel appliances including refrigerator, quartz kitchen countertops, solar, home automation and more in their new homes at these communities, all at no additional cost to the homebuyer.
These communities are now open! Visit www.lennar.com/sandiego to view directions, schedule a tour and visit these professionally-decorated model homes today!
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Irvine, Calif. – August 2018 – Get ready to experience a new way of living at Lennar’s Grand Opening of three brand-new furnished model homes at Aldea situated within the Travata active adult masterplan in Irvine. Aldea presents a thoughtful collection of carriage-style, attached single-level homes with floorplans designed for homeshoppers aged 55 and better. Join us from 10a.m. to 3p.m. for model tours, food and music. Don’t miss this incredible opportunity to own a new home at Irvine’s only gated and age-qualified community with no Mello-Roos!
“We are very excited to open the new models at Aldea showcasing floorplan designs that fit the needs of the 55+ demographic,” said Janet Price, Marketing Director for Lennar’s California Coastal division. “These homes provide a fantastic opportunity to homeshoppers looking to live an exclusive active adult setting that boasts a low-maintenance lifestyle with a high level of Everything’s Included® features, no Mello-Roos, low tax-rate and high-end amenities.”
The Aldea collection offers three distinct single- and two-story floorplans ranging in size from approximately 1,417 to 1,910 square feet of living space including one to two bedrooms and one and one-half to two bathrooms starting from the mid $600,000s. Floorplans offer open-concept living areas, gourmet kitchens with center islands, front porches, two-bay garages, and dens per plan. Additionally, select plans come with a residential elevator for added luxury and accessibility.
Each residence also features Lennar’s Everything’s Included® program that gives buyers thousands of dollars of upgraded appointments as standard. Enjoy features such as stainless steel appliances with refrigerator, beautiful cabinetry, exquisite countertops and much more. Now part of the program is Lennar’s Wi-Fi CERTIFIED™ Home Designs which provide a more connected way of living—all at no additional cost.
Travata is a gated community for individuals aged 55 and over that’s situated in a prime Irvine location. Travata residents enjoy exclusive access to their own upscale amenities, including The Travata Club, a private facility that features a 65-foot saltwater lap pool, spa, bocce and pickle ball courts, a fitness center, inviting indoor and outdoor lounges, dog park, yoga lawn and so much more.
For additional entertainment and recreation, Travata offers a convenient access to the Great Park Neighborhoods, Orange County Great Park and Great Park Sports Complex.
Prospective homeshoppers are encouraged to attend the Grand Opening event on August 25th located at 312 Carlow in Irvine. For more information, please visit www.lennar.com/OC or call 949-234-7880.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
With all the high-tech traffic news coming out of the Metroplex in recent months about ridesharing, the new school year looks like it could be a Sunday drive.
Two big stories about futuristic transportation initiatives arrived back-to-back this spring from Arlington and Frisco, both cities where Lennar boasts a host of Everything’s Included® communities. Everything’s included, apparently, also includes ways to make your drive to work easier, especially when the kids get back to school and the roads get back to jammed.
In May, CNBC reported that a California-based software company was set to launch an autonomous ride-hailing service in July in Frisco. Drive.ai selected the highly desirable city north of Dallas for its pilot program to operate a fleet of Nissan NV cargo vans.
With a smartphone app, you simply hail one of the distinctive orange vehicles, and the car takes you on a “micro-transit,” a five- to seven-minute trip where you just don’t feel like driving yourself or park once you get there. You also get the joy of a driverless car dealing with other drivers.
While some folks may have concerns about autonomous technology, experts and proponents say the great thing about AI, or Artificial Intelligence, is that it learns as it goes along. Which is the same way we all learned how to drive, anyway?
Meanwhile, Travel + Leisure reported in March that the city of Arlington is replacing its city buses with 10 Mercedes-Benz vans. Come again? Using a new app-centric ride-sharing program, riders in Arlington can summon vehicles from Via, a service similar to Uber and Lyft, according to T+L, which cited CBS This Morning.
Via’s prices aren’t all that different from a bus or metro ride in other major cities. You can fetch a vehicle on-demand for a flat $3 fee or purchase a $10 weekly pass.
Lennar’s communities throughout Dallas-Fort Worth are known, in part, for their prime locations convenient to the Metroplex’s major thoroughfares, from the interstates to the tollways.
Such excellent proximity brings homebuyers that much closer to the area’s marquee employers. After all, Dallas and Fort Worth are home to nearly two dozen Fortune 500 companies and some 10,000 corporate headquarters.
So what does that mean for a Lennar homeowner?
One traffic tip: Ask around the office for anyone who lives close to your community, then share a ride to work or, at least, trade tips for faster, easier, more efficient trips to the office and elsewhere.
Better yet, ask your employer about working from home. Talk about Everything’s Included! No cars, no commute, no cares, and all the luxury of enjoying your new Lennar home.
August 2018 – As we gear up to enjoy these final months of the summer season, a perfect barbecue get-together is on everyone’s mind. If you have a party coming up, make sure you are implementing all of these staples for a perfect summer barbecue:
Arguably the most important part of any barbecued meal! Be sure to provide your guests with options. So, in addition to steaks, burgers, hot dogs or chicken – don’t forget your vegetarian or vegan friends! Grilled Portobello mushrooms and veggie burgers make for delicious and considerate alternatives.
Even if you decide to go the potluck route, it’s a good idea to have some side dishes/appetizers available for everyone to snack on. You can even provide your guests with side dish suggestions they can bring themselves. Salads, fruit, corn, chips and dips – the possibilities are truly endless. Start a search on Pinterest and get creative!
The key here is to have options and variety: any kind of lemonade, iced teas, sodas, punch or adult beverages. But, don’t forget the water! It’s important to make sure everyone stays hydrated in order to beat the summer heat.
Get your speaker set-up ready and the playlist together, so you can create the perfect atmosphere for your guests to enjoy all evening long. Music is the perfect conversation piece to get things going. You could even make it a theme party using music as the ultimate tool – 80s party, luau, country music – take requests and let the music really set the vibe.
Friends, family, neighbors – invite them all! Barbecues are the easiest ways to have everyone over for food without breaking the bank. It’s the perfect way for friends or coworkers to get to know each other and to turn new neighbors into life-long friends.
Implement all these strategies and your Barbecue will be the highlight of the summer! If you really want to go above and beyond, add a game competition, microphone for karaoke, or a welcoming bonfire for the festivities to carry into the night.
Rancho Cordova, Calif. – August 2018 – Lennar Grand Opened model homes at Ciara at Anatolia, a new single-family community in Rancho Cordova, last spring. Situated in the vibrant masterplan, these modern residences are now selling and come complete with access to Anatolia’s exclusive amenities. With four floorplans offered here at Ciara in total, the Residence 1662 plan showcases a convenient single-story design.
“Ciara is an exciting new community. This masterplan pairs beautiful home designs and modern features with a prime location,” said Michelle Velky, Vice President of Sales and Marketing for Lennar Sacramento. “Single-story plans have become popular home designs for today’s homeshoppers, so we’re thrilled to offer one here at Ciara along with spacious family-sized two-story plans and our popular Next Gen plan.”
Lennar offers four beautiful floorplans at Ciara in total that range in size from approximately 1,662 to 3,033 square feet. Our featured floorplan, Residence 1662, provides 1,622 square feet of living space with everything you need on one level. This home features three bedrooms, two bathrooms and a two-bay garage.
Every home at Ciara showcases Lennar’s Wi-Fi CERTIFIED™ Home Design and elevated Everything’s Included® program, which provides strong and consistent built-in wireless coverage in every room along with a high level of features that come at no additional cost.
Focused on providing homebuyers with cutting-edge technology, home automation products from today’s top brands such as Amazon, Ring®, Samsung, Lutron and more – come integrated into the home for a connected living experience that’s simple to manage and navigate. All the other signature Everything’s Included® feature still come as standard, such as quartz countertops, stainless steel appliances, solar, high-quality cabinetry and so much more.
Designed for an elevated living experience, the Anatolia masterplan gives residents access to great amenities including multiple parks, hiking and biking trails, preserved wetlands and an upscale, 12,300-square foot clubhouse with three pools and a gym. Children will gain access to Rancho Cordova’s highly-rated Elk Grove School District, and the Sunrise Elementary School is located less than a mile away from the community.
Homeshoppers can tour the Residence 1662 by visiting the Ciara Welcome Home Center, located at 12013 Tiresias Way in Rancho Cordova. For more information or complete directions call 916-562-3424 or visit www.lennar.com/sacramento.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Millennials are often described as the renter generation or being slow to join the real estate market. However, this Credit Union Times article by Roy Urrico reveals more millennials are becoming homeowners. Mortgages to millennials for or new home purchase continue to rise and accounted for 91% of closed loans in the month of June.
Mortgages to millennial borrowers for new home purchases continued to climb in June, accounting for 91% of closed loans, according to the latest Ellie Mae Millennial Tracker report.
The Pleasanton, Calif.-based provider of cloud-based platforms for the mortgage finance industry, found in May 2018 new home purchasers born 1980-1999, up from April’s 89%, and January’s annual low of 81%. The latest Millennial Tracker also revealed conventional loans accounted for 69% of all closed loans for millennials in June and FHA loans came in at 27%.
A press release from Ellie Mae indicated this parallels the Census Bureau’s latest quarterly homeownership and vacancy report that shows homeownership across millennials age 35 and younger increased slightly, representing 36.5% of all homeowners, compared to 35.3% in the first quarter of 2018.
Conventional loans remained attractive among millennials, representing 69% of all loans closed in June, a slight gain from the 68% in May. FHA loans represented 27% of all closed loans to this generation, down one percentage point from the month prior. Ellie Mae noted this is significantly higher than the Ellie Mae June Origination Insight Report data, which showed FHA loans represented 20% of closed loans in the month for borrowers of all ages.
The average millennial borrower FICO scores across all loan types grew a tad in June to an average of 723, up from 721, which held steady March through May. For purchases, the average FICO score was 746 for a conventional loan, 681 for an FHA loan and 744 for a VA loan.
“As it remains a competitive, purchase-centric market, we will continue to keep a close eye on the purchase trends amongst millennials,” Joe Tyrrell, Ellie Mae’s executive vice president of corporate strategy, said. “This new generation of homebuyers wants the capability of an on-demand mortgage, and we are working to provide borrowers a convenient and secure digital mortgage offering that makes the homebuying process a seamless experience.”
Across all loan types, it took millennials an average of 42 days to close on their loans in June, a day longer than in March, April and May. Purchases took an average of 41 days and refinances took an average of 45 days.
In June, the hottest housing markets for millennials were primarily in the Midwest. The top markets by percentage of millennial loans closed included Clarksburg, W.Va. (65%), Watertown, S.D. (65%), Boone, Iowa (64%), and Dickinson, N.D. (61%).
The Ellie Mae Millennial Tracker is an interactive online tool that provides access to up-to-date demographic data about this new generation of homebuyers. It mines data from a sampling of approximately 80% of all closed mortgages dating back to 2014 initiated on Ellie Mae’s Encompass all-in-one mortgage management solution. According to the firm, given the size of this sample and Ellie Mae’s market share, it is a strong proxy of millennial mortgage indicators across the country. Searches can be tailored by borrower geography, age, gender, marital status, FICO score and amortization type.
Reno, Nev. – August 2018 – The timeframe in which you want to pay off your home is important when purchasing your dream home, which is why it is better to take advantage of low interest rates before they increase. Mortgage rates are currently at a historic low, making it one of the best times to find that home you’ve been dreaming of and stop throwing your money away on rent. Best of all, Lennar Reno makes it easy to find a home that is perfect for you and your family with a wide selection of communities and floorplans across Northern Nevada.
“Right now, homeshoppers have an increase in buying power with lower interest rates, meaning their monthly payments will be lower and the price point of the home they can afford is higher,” said Dustin Barker, Division President for Lennar Reno. “Make the transition to homeownership and upgrade your lifestyle at any one of our new communities in great locations with homes showcasing a high level of Everything’s Included® features, open-concept layouts for the modern buyer and conveniently situated near some of Northern Nevada’s best recreation and amenities.”
Most homeshoppers choose a 30-year mortgage for their new home because of smaller monthly payments, but because you’re paying interest over a longer period of time as opposed to a 15-year mortgage, the rate of your interest is especially important. The lower the interest rate, the less your monthly payments will be.
Market fundamentals show that now is a good time to buy with prices down and interest rates low. Plus, there are many added benefits that come with owning a home as opposed to renting such as building long-term household wealth, tax deductions and building equity in your property when the value of the home increases.
Surrounded by the gorgeous Sierra Nevada Mountains, Northern Nevada features a wonderful location for those looking for great recreation and beautiful scenery. Lennar offers a wide variety of floorplan styles and price ranges to choose from making it easier than ever to find the right Lennar home for you and your family.
Each new home also boasts Lennar’s signature Everything’s Included® program which makes the homebuying experience simpler by including popular features as standard.
Conveniently located in Reno, Sparks, Carson City and Dayton, buyers have a wide selection of lifestyles when choosing their home. Northern Nevada is a great place to live, work and raise a family. Schools, businesses, healthcare, shopping and dining are all nearby.
For more information, contact a New Home Consultant by calling 877-828-1331 or view floorplans and explore communities at www.lennar.com/Reno.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
