Exhibit 3.48

Delaware Page 1

The First State

I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF DELAWARE, DO HEREBY CERTIFY THE ATTACHED IS A TRUE AND CORRECT COPY OF THE CERTIFICATE OF FORMATION OF “RSI COMMUNITIES LLC” , FILED IN THIS OFFICE ON THE NINETEENTH DAY OF NOVEMBER, A.D. 2015, AT 7:26 O’CLOCK P.M.

/s/ Jeffrey W. Bullock

Jeffrey W. Bullock, Secretary of State

5866862    8100 SR# 20151004158 Authentication: 10462313 Date: 11-20-15

You may verify this certificate online at corp.delaware.gov/authver.shtml

STATE of DELAWARE

LIMITED LIABILITY COMPANY

CERTIFICATE of FORMATION

First: The name of the limited liability company is RSI COMMUNITIES LLC

Second: The address of its registered office in the State of Delaware is 2711 Centerville Rd. Suite 400 in the City of Wilmington, Zip code 19808. The name of its Registered agent at such address is Corporation Service Company

Third: (Use this paragraph only if the company is to have a specific effective date of dissolution: “The latest date on which the limited liability company is to dissolve is                     .”)

Fourth: (Insert any other matters the members determine to include herein.)

In Witness Whereof, the undersigned have executed this Certificate of Formation this 19TH day of November, 2015.

RSI HOLDING LLC
By:	/s/ Gary Singer
	Authorized Person (s)
Name:	Gary Singer