It call today, so team on and growth of I Landsea forward energized Trent. front our of great opportunities about sharing joining is be look and us. why this to the you in I Homes and to Thanks, all great are potential
right let's jump into it. So
accommodations. process this, and these every environment, The built plans job that adapting floor To a XXX-degree across by California global we our included of team as their the customers markets completely Despite with driven certainly of sites half social unrest across and of tools the the while with wide sales a local and virtual along homeowners the primarily consistently our the our economy in wildfires array accomplish ever-changing photo year vibrant unpredictable maps were of living was recovered in unanticipated back challenges, and our the to great give year to the and videos, our areas. of ensuring and XXXX a virtual homebuyers rapidly in did tours, a year, pandemic, satisfied experience country. setbacks interactive step galleries, community
phone only all all we during measures, safety multiple did In on-site ensuring addition, and also driving implemented division do sales our Not leads, a to stringently orders calls web the all appointments team the following of CDC X community of throughout inside sales a of week, counselor days great and ensure supported customers job safe traffic year. mitigation process, our guidelines remained we the our employees. and
all Orange and and team, solutions regional California, health In Hoag, and care clinical services, established fact, testing corporate our we a delivery support. offices with employees consulting and network including in their medical directorship a health County, with to provide vaccination
our order home We implemented from also returned designed and new work operate office social layouts initial we from work from X-feet and maintain requirements. orders ensure distancing when employees to safely -- for to the continue
and had to our Southern -- pandemic similar a no we there And our measures, a proud divisions health California this X in of As were other COVID-XX, and Arizona. division, Northern was hours to outcome these California report, the within there since were lost due result over for work check-ins XX,XXX I'm started.
allowed and the and on-site organization's I incredibly this our sooner to year. rather certainly we growth normal continue our than will And I'm am strong process openings sales reworked helped private closings, virtual preventative grand which the the later, all us be proud of new for complete I'm ultimately environment. able virtual of in we our strategy drive measures combination community hope to results adaptability. The executing to confident tours, current of we while return introduced
our to strategic vision. -- division moving Now
that to As continue strong we we have throughout XXXX. believe us John momentum our tailwinds mentioned, significant will allow
sleep night. the to to their is that realizing or and started preferences. due their at be shift to and adaptable place much than specific and means be business space very so a for a at-home bedroom learning, people now they that are a a more living a flexible more this model their need move lifestyles. meet their from they dedicated LiveFlex our consumer finally for having demanding benefits One Homebuyers significant traction just to exercise, to home gained office, education home offerings paying of needs work room to in Whether having attention many these of home spaces has home guest
new approximately sales proud to that in living our we an QX We existing I'm and in across that are within options. footprints. included situations. of believe several attracted report to incredibly to number to XX% option within for provide provides living home communities will and Select also multigenerational increase suites, future offerings, Consumers accommodate floor as these which spaces home option this LiveFlex more communities continue plans families the and separate special our LiveGen other introduce our
specifically As California, regions, both prices mentioned XXXX. and seen are markets. double Angeles digits home Francisco which San since earlier, started our We grow California communities in Los medium homebuilding master-planned and creating in Arizona have cornerstone
result X in service outside As this of great the metro within prices the is in markets, opportunity as demand continued called this the home California lower-priced community growing is areas a A Ontario, early of increases we We believe ShadeTree. increase in for opened of a new pandemic. to our days these there homes. example
entered we and Before the market, traditional. style area -- the Ontario one home there of type of consisted
fresh envisioned bringing modern the new, we and So to area. something
Our Spanish, community tradition. farmhouse goal a architecture create of that elevations, with was to style modern included to a warm of Ontario our create one but touches mix also mid-century and Ranch, filled neighborhoods unique modern, ranch for different
looking since facilities. neighboring Our for research needs, a communities also told amenity that us met smaller community featured their are homebuyers that especially
amenities, pits, So pavilion, cabanas, -- community pool, to area park, play private dedicate a and party a and a fire a clubhouse. we a children's to children's dedicated including acres XX resort style decided provide pool, dog a
architecture, without -- of are outdoors having our all some to High also families provides ShadeTree to walkability to more innovative of of living to collection. who want enjoy which ShadeTree to homebuyers in differentiators, that utility through many meet drive homes and comfortable. lifestyle. floor the green combine includes our LiveFlex which plan space appeals and any main parkways space for floor space part different Each uses, make of for are their Performance so number all home the the of an our optionality open and our Interior customize footages, anywhere. square features created plans program, layout, to We With of their allows
launched booked This weeks Matterport as XD we're end almost opportunity and went in life we our March website our essence our many shifted like of appointments, adaptability some to just as prepared process were how grand at we can initial with the color slowed crucial of global highlight us. an XX, having to that factors pivot completely XXXX, Now able imperative the and business strategy of able X.X to a advance. how on ShadeTree shelter-in-place to was new utilized during I images virtual an home long-awaited loaded for homebuilders, sales sales real-life succeed had the will to despite resolution were in On of, where and of their provide so We what we in-person out the which I'd opening April, technology, celebration that against we days of selling efforts. But provide pandemic then because, like. started through again. be to implemented private the with when accurate community market our the announced. but the experience prospects it's home Initially, March were orders spoke were
more uptick in Sales releases especially and activity. prior in Then a expected, mortgage could affordable increased shelter-in-place a ShadeTree. as rates, high several see plan. continued July, like active we sales advance people home, and saw With there. sold. out people value competitive with in began community at May, secure orders with to the significantly new historically floor camp in home lot days market, more highly low still an June, ensure owning interest to their they to of XX to in And homes that In strong began sold home homes XX desired
released to we're at to potential demand to we pricing our pricing. up currently grow, a those X buyers. still as not are that week is As means are prequalified which are able lots continued a sales offers to to below Saturday. sales, make offers one ShadeTree utilizing. best and accept long offer from released preferred instituted Buyers they lender received on We process, as the a This offers prior on do
management has offer whether The price, following buyer the not approach broker or the buyer of strongest go or demand This increases plans and buyers, the manage on that strongest or preferred also net not us to most all at ensure our selects only with whether we Monday Tuesday, based homes the interacting a lenders one which buyer for or not. their and are the of has ShadeTree with serious to or allowed profitability. high our
months with X earned Over over offer offer nearly the $XX,XXX best the $XXX,XXX being have that and we've we listed an our adopted XX strategy, asking over average released homes price. price,
you To offers. total XX% Landsea offers. of more give received context a outstanding has XXX an a XX accepted released have and On offers have average, of homes to we same-day of and even XX month, homes demand, those new those this been made,
plenty In fact, example than in concrete this example homes to have amount more better we the provide XXX we is runways environment. in half this homes we than to getting successfully a to I'm have within total have and community. only a sell of to showing you stronger, which real-life with believe community With the sold imagined of we're we ShadeTree, could launch date, how go. able seemingly of demand
M&A Lastly, to strategy. walk wanted our through you I
Garrett markets in trajectory anniversary foundation our expansion opportunities us, X-year other confident we in our has passed that Now Arizona, desirable feel growth like and looking and are of in Florida. acquiring Texas Walker we and at
California successfully in This X-step in opportunities, As discipline we includes Arizona. we and approach. implemented a explore the utilizing these that same developed are we
acquire First, land new in markets. we
as we all built acquisitions. acquire targeting We businesses approach players to capital. list further as far relationships to scale. accretive acquisitions, have and roll-up develop we can subcontractor with a And retain who and relationships the local and up builder a Second, develop they while undercapitalized take their employees pursuing third, strategic
of homebuilders, who playbook, We choice the result to businesses become a of this the dedicated commitment that we anticipate their we to smaller looking which have care sell an a are more given take of that for progress is owners of strategy will with employees, having acquirer the on our these to to upholding. are As right Live we where in focused approaching are precision No process homes our significant And on share with It and due priority. to we we true soon. expanding, that providing our principle acquisition of top defining a remain up remains diligence. to matter customers stay end Your homebuilder Element.
proud look us with year we have about first Thank ahead opportunities is us will incredibly optimistic that want where our of we for our is build they a throughout customers capitalizing that, expectation homes This are them the we being in joining our allow of in to met. forward the year continued had. important to for living as provide want how created we on a continue and publicly for this new and them. us. you live, is journey. Overall, speaking to success of all to forward ensure incredibly move superior our environment we idea we the to that we And you company. live growth a live remain It to regularly homebuyers, home -- to especially traded And
Q&A. for ready now are we Operator,