Lennar Goes Smaller and Smarter with New Home Models

Homebuilder Set to Debut Five New Space-Efficient Designs in North Carolina.

Raleigh, NC, May 28, 2009 --(PR.com)-- Times are changing and with the current market conditions prospective homebuyers are looking for smaller and smarter homes versus the large sprawling homes purchased in the past. Lennar, one of the nation’s leading homebuilders, is responding to meet this new shift in market demand and plans to unveil five new space-efficient designed floor plans in the next phase of its StoneWater master-planned community in Cary, North Carolina.

“We are noticing the trend of going back to basics and prospective homebuyers are looking to purchase a home that is more in their comfort zone and more practical,” said Rich Sherman, President of Lennar’s Raleigh division. “That being said, prospective buyers are not looking for unattractive and simple, they still want well designed and fully functional homes.”

Lennar’s new smaller home designs will be featured in the Bali neighborhood, one of the five Communities located within the 250-acre StoneWater master-planned community in Cary. Bali will feature single-family homes ranging in size from 1,475 to 2,113 square feet. The smallest floor plan design offers three bedrooms, two and half bathrooms and prices will start at $189,990. Some of the highlighted features will be 9-foot ceilings on the first floor, hardwood floors in the foyer and luxurious master bathrooms with separate tub and shower areas.

To capitalize on energy efficiency and to maximize space, the Bali home designs utilize fewer walls to offer a more open feel, there is less space in hallways and more storage areas have been provided. Kitchens have been updated to have more room for entertaining since more people are choosing to stay at home rather than go out in the current economic climate.

“Now more than ever before prospective homebuyers are looking for the best value at the most affordable price,” said Sherman. “The Bali neighborhood in StoneWater provides all the amenities Lennar is known for right in the heart of the Triangle area.”

Lennar is now pre-selling these new plans and will have models opening in early August.

Lennar is a homebuilder currently celebrating its 55-year anniversary with homes in various markets across the country. Homebuyers can feel confident that with this longevity of solid business practices and financial stability they are buying from a homebuilder who will be here tomorrow.

The Raleigh division of Lennar offers a variety of homes from luxury townhomes, patio homes, and single-family homes to active lifestyle communities that offer homebuyers the very best amenities.

For more information on the Bali neighborhood at StoneWater and for a complete list of Communities in the Raleigh area visit http://www.Lennar.com/Raleigh or call 919-469-5040.

About Lennar Corporation
Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and retirement homes in Communities that cater to almost any lifestyle – such as urban, golf course, Active Adult or suburban Communities. Currently the company builds homes in 16 different states in some of the finest markets across the country.

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Contact
Lennar - Raleigh Division
Brandi McDonald
321-446-8967
http://www.lennar.com/raleigh
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