Archive for Pebblebrooke Estates
Will the Housing Market Recover? Americans Remain Confident
Posted by on April 8, 2011 | Comments
As the housing market continues to recover, perceptions about its future remain a hot topic. While the talking heads continue to discuss the ups and downs of the current housing market situation, it seems that most Americans are remaining optimistic. In fact, 68 percent of America’s potential homebuyers expect the real estate market to recover in the next year or so according to a new survey by Prudential Real Estate and Relocation Services, Inc.
The Prudential Real Estate Outlook Survey also reported that 58 percent of respondents are interested in purchasing real estate and 45 percent are thinking of trading up, suggesting that Central Florida new homes will remain in high demand. Read More→
Florida Real Estate Without Compromise
Posted by on April 5, 2011 | Comments
Recently, it has been debated whether first-time buyers are too picky when it comes to choosing a home, or if they’re just mirroring the current market situation. With low interests rates, great prices on new Florida real estate and a good selection of homes on the market, first-time buyers are looking past the “fixer-upers” and choosing to search for homes that match their preferences completely.
The Washington Post decided to investigate this topic in a piece titled, “Picky First-Time Buyers Losing Out on Great Housing Deals.” The article noted that a Coldwell Banker Real Estate survey found that 87 percent of the 300 first-time buyers questioned said that a move-in ready home (one without the need for remodeling or upgrading) is important. The article goes on to mention that some real estate agents suggest that it is unlikely to find a move-in ready starter home free of imperfections. Read More→
Don’t Be So Quick to Say No to an ARM Loan. Still a Great Option For Many Buyers
Posted by on March 28, 2011 | Comments
With memories of the housing crisis and the negative perception many people have of the words “Adjustable Rate Mortgage,” buyers of Central Florida new homes have been afraid to consider adjustable rate mortgages, with many opting for the predictable 30-year fixed-rate mortgage.
Indeed, when the housing market started its down turn, using an ARM didn’t make much sense since the adjustable rates weren’t much lower than the fixed-rate options. But today, the rate spread between the 30-year fixed-rate mortgage and the 5-year ARM has widened to historic levels, some say.
As rates on 30-year fixed-rate mortgages began increasing in October, “ARMs have not moved nearly as much,” said Leif Thomsen, CEO of Mortgage Master Inc., a mortgage lender based in Walpole, Mass.
Assuming a $160,000 loan amount, a 30-year fixed-rate mortgage at 4.875% means a monthly payment of $846.73. Interest paid after five years: $37,468.
Compare that to a 5/1 hybrid adjustable-rate mortgage at 3.125%. For the first five years, the monthly payment would be $685.40, and you’d pay $23,697 in interest over those five years.
So, for a borrower who plans on moving within five years anyway, they’d save as much as $13,771 by financing with an ARM. Read More→
Wear Green, Get Green, Save Green on Upgrades
Posted by on March 7, 2011 | Comments
Usually, wearing green will save you from getting pinched during the month of March. At Highland Homes, wearing green gets you green so that you can save green on Green Upgrades for your new Florida home! OK, you don’t have to wear green to save; but, you do have to stop by a Highland Homes community to take advantage of the Free Green Package or $3,500 towards Green Upgrades that we’re offering until March 31 in honor of St. Patrick’s Day.
The energy-saving Green Package will help you go green while putting more green back into your pocket. Valued at approximately $5,800, the Green Package includes Foam Injected Wall Block, Radiant Barrier, Double Pane Windows and Level 1 Mohawk® recycled carpet. Read More→
Go Green and Save Green with Highland Homes
Posted by on September 2, 2010 | Comments
Energy-efficient homes from Highland Homes provide you the opportunity to Go Green, Save Green on your Central Florida new home. The more environmentally friendly items you choose as upgrades, the more you will save on the price. Plus, with many of the upgrades, you’ll save on energy bills for the life of your home.
Highland Homes has identified a list of environmentally friendly options that you can add to your home. If you choose three or four of these options, you’ll get 5 percent off your upgrade price. If you choose five or six options, you’ll get 7 percent off the upgrade price. And if you choose seven or more of Read More→
$99 Down Promotion
Posted by on June 17, 2010 | Comments
What do buyers want when they are looking for their first or next home? At Highland Homes, they’ll tell you they want the lowest monthly payment and to put the least amount of money down as possible. And, what buyers want, they get at Highland Homes!
We have made it our business to find ways to get buyers in for very little or no money down and the lowest possible payment in order to help buyers be able to purchase a home. With our newest campaign, Highland Homes is offering just $99 down and payments as low as $578 per month. This offer has some restrictions for maximum income and other financial requirements, but most buyers who purchase from Highland Homes seem to fit into this program.
“We don’t just sell to first time buyers,” says Kathie McDaniel, Vice President of Sales and Marketing. “We sell to anyone who is looking for the best value,” she continued. “Many of our buyers are repeat customers, who purchased from us years ago and realize the quality and value,” says McDaniel. Several of the company’s sales have come from out-of-state home buyers who Read More→
