Home Builders List

Lennar Corp, one of Florida’s largest single-family home builders, recently disclosed that they have been named in a class action lawsuit involving defective Chinese drywall, according to Securities and Exchange Commission (SEC) filings on Monday.

The lawsuit was filed in the U.S. District Court for the Southern District of Florida. Two plaintiffs claim to have purchased new homes from Lennar with defective Chinese drywall, which apparently emits sulfur gases, fumes, and erodes air conditioning connectors.

Lennar Corp was one of the first large home builders to address the situation, and has been working with homeowners to replace the defective drywall. In Lennar’s SEC filings, the company has stated that a reserve fund account will be used to replace drywall imported from China and any additional costs will be covered by insurance.

Lennar is not the only builder to have been affected by the defective drywall. National builders and prominent Florida home builders have also constructed thousands of homes with Chinese drywall, including Meritage Homes, Standard Pacific, Ryland Homes, Transeastern, Taylor Morrison, and WCI.

Some analysts suggest that enough Chinese drywall was imported to construct over 100,000 homes. The states affected include Florida, Louisiana, Mississippi, and Virginia.

See more:

http://www.newhomessection.com/blog/chinese-drywall-suit-names-lennar-corp/2009/04/21/

http://www.justicenewsflash.com/2009/04/23/lawsuit-filed-south-florida-homebuilder-lennar-corporation_200904231163.html

http://www.heraldtribune.com/article/20090423/ARTICLE/904231089/-1/NEWSSITEMAP

Sacramento new home builders are beginning to offer different designs than what has been seen in the past in terms of lighting, bathrooms, living space and bedrooms. Sacramento has really taken the natural beauty of the area they are building in and given residents the chance to get closer to nature.

William Lyon Homes has four incredible developments in Sacramento – Gallery Walk, Plaza Walk, Shady Lane and Twin Oaks. Start in the high $100s; Gallery Walk and Plaza Walk are beautiful communities. Shady Lane and Twin Oaks are located in the master planned community of Whitney Ranch in Rocklin, and start in the upper $300s.

The style of the homes in these communities uses the modern style and urban appeal which offer maximum comfort to any new home owner. With the $10,000 tax credit being offered to people buying a new home in California, these new homes up for sale in Sacramento are getting sold out very quickly. Homes on the market last an average of 61 days, being the high demand for quality housing. Also with the irresistible new features that come with each new property, buyers truly like what they see and find the home convenient to the demand of a modern day life.