Davidson Homes, Huntsville, Alabama, today announced its entrance into the North Carolina market with the purchase of lots in four locations within the Triangle region.
The company plans to begin building in the communities of Holly Springs, Wake Forest, Fuquay-Varina and Apex beginning in November of 2018 with expected first home deliveries in the spring of 2019.
“We are excited to expand into North Carolina and provide homeowners in Raleigh with well-crafted homes at an affordable price,” said Adam Davidson, president and CEO of Davidson Homes. “Raleigh is a vibrant market that fits perfectly with our strategy of entering new markets with appealing growth prospects.”
The move marks the second state that Davidson Homes has expanded into during 2018. The company announced in late June that it entered the Middle Tennessee market in four communities – Gallatin, Lebanon, Murfreesboro and Smyrna – outside Nashville, Tenn.
To oversee the home builder’s expansion in Raleigh and other communities in North Carolina, Davidson Homes has appointed Brad Nelson as division president and Kim Skowronski as operations manager, working out of the company’s new Raleigh office. Nelson brings more than 25 years of experience in the home building industry. Before joining Davidson Homes, he was vice president of operations for Lennar’s Raleigh/Durham division. Skowronski has more than 10 years of operations experience with PulteGroup and John Wieland Homes.
“Raleigh is consistently ranked as one of the best places to live and work in the country,” said Nelson. “We are thrilled with the opportunity to expand into the Triangle and offer communities which feature a variety of home styles to appeal to a wide range of home buyers.”
Homes will be priced in the $300,000 to $500,000 range, with square footage ranging from 2,000 to 4,000.