Early November has been a busy land acquisition time for premium move-up developer Tri Pointe Homes. The company announced on the 5th that it had obtained 210 homesites in the Phoenix metro area that would have houses across three different communities. Depending on the specific area, the homes will run between 2,400 square feet and 3,200 square feet, with three to five bedrooms
Then, on November 8th, came the acquisition of 392 lots in Liberty Hill, Texas, within the 688-acre Lariat community with houses that will be between 1,600 square feet and 3,000 square feet.
"This is all new home, for sale," James Attwood, division president, Tri-Pointe Homes Arizona, tells GlobeSt.com. The company is focused on its traditional approach of building and then selling houses rather than expanding into the popular build-to-rent market.
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