New Home Communities

Up to 30K in Incentives at The Tides in Carlsbad

January 7, 2012

Luxurious style meets the splendor of ocean-close living at The Tides homes for sale in Carlsbad CA. Awake to the fresh ocean breeze of coastal living at these new homes for sale in Carlsbad built by K. Hovnanian Homes.

• A quaint enclave of 27 Single Family Residences
• Just minutes from one of the most charming town center locations of coastal Carlsbad
• One of the best coastal climates in Southern California
• Less than 5 miles away from Carlsbad outlet center with over 50,000 feet of retail shop and restaurants
• Centrally location approximately 35 miles South on the I-5 to Down Town San Diego

The classic Santa Barbara-style architecture offered by these Carlsbad luxury homes is accentuated by dramatic entry courtyards, welcoming front porches and balconies and detailing such as rounded archways, porticos and Porte Cocheres. The Tides at Carlsbad offers 4 distinctive floorplans ranging from approximately 2419 to 2978 sf.

Quick move in homes at The Tides Carlsbad are currently available. Contact me today for information about this new homes community or about buying Carlsbad real estate.

: Carlsbad Real Estate, New Home Communities
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Two quick move in homes available in The Tides at Carlsbad

November 23, 2011

The Tides at Carlsbad is now open and selling homes daily. A intimate community featuring just 27 single family homesites, The Tides Carlsbad is in a prime location just about a half mile from South Carlsbad Beach. These new homes for sale in Carlsbad CA feature a classic Santa Barbara-style architecture and four distinctive floorplans ranging from approximately 2,419 to 2,978 sf. Each of The Tides home models are accentuated by dramatic entry courtyards, welcoming front porches and balconies and detailing such as rounded archways, porticos and Porte Cocheres.

The Tides new homes in Carlsbad currently has two quick move in homes available. Just in time for the holidays! Contact me today for a tour of The Tides Carlsbad or for more information about buying Carlsbad real estate.

: Carlsbad Real Estate, New Home Communities
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New Construction Turns The Corner?

November 18, 2011

Housing Starts (2009-2011)Another day, another signal that the market for newly-built homes is improving.

Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months.

A “Housing Start” is a home on which ground has been broken.

The increase in surprised Wall Street analysts, although it shouldn’t have.  

Earlier this week, the National Association of Homebuilders showed that Homebuilder Confidence is at its highest point since May 2010, the effect of better market conditions and more sold units. Rising housing starts amid a lift in builder confidence is to be expected — the two metrics have moved with loose correlation since mid-2000.

However, as with everything in real estate, Single-Family Housing Starts volume varied by location. The nation’s 4 regions posted wide-ranging results :

  • Northeast Region : + 10.0% from September
  • Midwest Region : -4.1% from September
  • South Region : +11.3% from September
  • West Region : -10.2% from September

Buyers of new construction in San Marcos can infer two key points from last month’s data.

First, with more homes will being built, home supply should rise, thereby softening pressure on rising home prices. This should help keep homes affordable.

However, the second point is that, with builder confidence rising, buyers are less likely to win price concessions and “free upgrades” in negotiations.

The last 6 weeks of 2011 may be your optimal time to buy new construction. Home prices remain affordable and mortgage rates are rock-bottom. In addition, because there are typically fewer active home buyers during the holidays, you’ll be more likely to locate one of the few remaining new construction “deals”.

Talk to your real estate agent about local trends and new construction.

: Housing Analysis, New Home Communities
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Homebuilders Getting Optimistic about Higher Home Prices Ahead

November 17, 2011

Housing Market Index 2009-2011Homebuilder confidence continues to rise.

Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21. It’s the second straight month that the HMI posted a 3-point gain, catapulting the index to an 18-month.

The Housing Market Index is monthly report from the National Association of Homebuilders. It’s meant to measure confidence among the nation’s homebuilders, scored on a scale of 1-100.

When homebuilder confidence reads 50 or better, it reflects favorable conditions for homebuilders. Readings below 50 reflect unfavorable conditions.

The Housing Market Index has not read north of 50 since April 2006.

As an index, the HMI is actually a composite reading; the result of three separate surveys sent to homebuilders each month. The National Association of Homebuilders asks it members about current single-family home sales volume; projected single-family home sales volume over the next 6 months; and current “foot traffic”.

In November, builder responses were stronger in all 3 categories :

  • Current Single-Family Sales : 20 (+3 from October)
  • Projected Single-Family Sales : 25 (+1 from October)
  • Buyer Foot Traffic : 15 (+1 from October)

And, beyond the headline data, there is an important, noteworthy item in this month’s Housing Market Index.

In November, “Current Single Family Sales” climbed 3 points for the second straight month, and is now at the highest point since May 2010 — the month after last year’s home buyer tax credit expired. And, this increase in sales volume is occurring as new home construction is falling, thereby reducing home inventory nationwide.

That’s an important point for Carlsbad home buyers.

With more new home sales and fewer new home listings, prices are likely to increase into 2012. Especially with home builders predicting higher sales levels over the next 6 months, and seeing higher levels of buyer foot traffic through their properties today.

For now, though, home prices are stable and mortgage rates are low. This creates low-cost homeownership throughout California , and helps new home construction remain affordable.

If you’re in the market for San Diego new home construction, the next 60 days may prove to be your best time to get “a deal”.

: Housing Analysis, New Home Communities, San Diego Real Estate
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New Home Inventory Keeps Sinking

October 27, 2011

New Home Supply Sep 2010 - 2011Home builders continue to sell homes and work through inventory.

According to data from the Census Bureau, the number of new homes sold in September jumped 6 percent from the month prior, beating analyst expectations. On a seasonally-adjusted, annualized basis, buyers nationwide closed on 313,000 newly-built homes last month.

It’s the highest reading since April and a major reason why the available number of new homes for sale is shrinking. 

As compared to September 2010, there are 19% fewer homes for sale nationwide. At today’s sales pace, the complete new home inventory would be “sold out” in 6.2 months – the quickest sell-out pace since the April 2010 federal home buyer tax credit expiration.

It’s no wonder builder confidence is rising.

After averaging 15 through the first 9 months of the year, homebuilder confidence jumped 4 points for October, carried by low mortgage rates and the expectation for a strong winter/spring selling season.

For buyers , this could be construed as a housing market-shifting signal. As builder confidence rises, it becomes more difficult to negotiate for upgrades and price reductions on a new home. “Great deals” get scarce.

Furthermore, it’s unlikely that mortgage rates will sustain their current, ultra-low levels into 2012. Rising rates lead to higher housing payments on a month-to-month basis. 

If you’re in the market for a newly-built home, in other words, today’s homes may represent your best value of the year.

: Housing Analysis, New Home Communities
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Finding Truth In September’s Housing Starts Report

October 20, 2011

Housing Starts 2009-2011Headlines in newspapers can be misleading — especially with respect to housing figures. Media coverage of the most recent Housing Starts data serves as an excellent illustration.

Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis.

The September reading is the highest monthly reading since April 2010, the last month of last year’s home buyer tax credit.

The sudden surge in starts is big news for a housing market that has struggled of late, and the press was eager to carry the story. Here is a sampling of some headlines:

  • U.S. Housing Starts Rise 15%, Hit 17-Month High (MarketWatch)
  • Home Building Jumps 15% in September (ABC)
  • New Construction Surges In September (LA Times)

These headlines are each accurate. However, they’re also misleading.

Yes, Housing Starts did surge in September, but if we remove the “5 or more units” grouping from the Census Bureau data — the catgory that includes apartment buildings and condominium structures — we’re left with Single-Family Housing Starts and Single-Family Housing Starts rose just 1.7 percent last month.

That’s a good number, but hardly a great one. And for home buyers and sellers nationwide, it’s the Single-Family Housing Starts that matter most. Individuals like you and I don’t buy entire apartment buildings. Most often, we buy single-family homes. Therefore, that’s the data for which we should watch.

The good news is that media tales work in both directions.

Building Permits dropped 5 percent last month when the volatile 5-unit-or-more-units category was included from the math. Isolating for single-family homes, we find that permits were unchanged.

This is good housing because 82% of homes begin construction within 60 days of permit-issuance, hinting at a steady, late-fall housing market.

: Carlsbad Real Estate, Housing Analysis, New Home Communities, Oceanside Real Estate, Real Estate News, San Diego Real Estate
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Homebuilder Confidence Rises on Surging Sales Volume and Foot Traffic

October 19, 2011

Homebuilder Confidence 2009-2011Homebuilder confidence is rebounding sharply.

Just one month after falling to a multi-month low, the Housing Market Index rebounded four points to 18 for October. It’s the highest reading for the HMI since May 2010 — the month after last year’s homebuyer tax credit expiration.

The Housing Market Index is published monthly by the National Association of Homebuilders and is scored on a scale of 1-100. Readings above 50 indicate favorable conditions for homebuilders. Readings below 50 indicate unfavorable conditions.

The index has been below 50 since May 2006 — a 66-month streak.

The Housing Market Index is a composite reading; the result of three separate surveys sent to home builders each month. Builders are asked about current single-family home sales volume; projected single-family home sales volume over the next 6 months; and current “foot traffic”.

In October, builder responses were stronger in all 3 categories :

  • Current single-family sales : 18 (+4 from September)
  • Projected single-family sales : 24 (+7 from September)
  • Buyer foot traffic : 14 (+3 from September)

Meanwhile, of particular interest to today’s home buyers is that builders expect volume to surge over the next two seasons. And, with current sales volume rising and foot traffic strengthening, the fall and winter months could be strong ones in the new homes market.

In addition, the builder trade group press release states that rising costs for materials are squeezing building profit margins.

For buyers, it all adds up higher home prices ahead. As builders grow more confident about the housing market, they’re less likely to make concessions on pricing or upgrades. Rising building costs fortify that argument. The “great deal” will be tougher to negotiate. 

At least mortgage rates are low.

Low mortgage rates are keeping homes affordable nationwide. If you’re looking for the right time to buy new construction, therefore, this month may be it.

: Carlsbad Real Estate, Home Buying Tips, Housing Analysis, New Home Communities, Oceanside Real Estate, San Diego Real Estate
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Save the Date – Grand Opening of The Tides in Carlsbad!

September 12, 2011

Luxurious style meets the splendor of coastal living with the unveiling of The Tides homes community. Carlsbad new homes builder K. Hovnanian Homes introduces 27 single family homes located east of the 5 freeway, just 0.6 miles from the famed South Carlsbad beach off of Poinsettia.

These new homes for sale in Carlsbad CA feature a classic Santa Barbara style architecture, charming entry courtyards and front porches. Awake to the fresh ocean breeze of San Diego coastal homes living. Walk, bike or ride to the popular Carlsbad beach!

The Tides in Carlsbad is the perfect neighborhood for you and your family. 4 models are available ranging in size from approx. 2456-3009 sf. Three 2 level designs are available as well as one carlsbad single level design with loft space.

Anticipated Pricing for the Tides Carlsbad is from the $700′s. The grand opening of the new homes for sale in Carlsbad CA is Saturday September 24th 2011.

: Carlsbad Real Estate, New Home Communities, San Diego Real Estate
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The Tides homes in Carlsbad CA

September 1, 2011

If you are looking for new homes for sale in Carlsbad CA that are beach close, yet affordably priced then The Tides in Carlsbad may be what you’re looking for. The Tides Carlsbad is an intimate luxury neighborhood located just east of the 5 freewayoff of Poinsettia and Lowder lane.These new homes for sale in Carlsbad are built by Carlsbad new home builders K. Hovnanian Homes.

Featuring 27 single family homesites, The Tides at Carlsbad is just about one-half mile from South Carlsbad Beach…perfect for daily strolls down to the beach from your new Carlsbad home. The classic Santa Barbara-style architecture offered by these Carlsbad luxury homes is accentuated by dramatic entry courtyards, welcoming front porches and balconies and detailing such as rounded archways, porticos and Porte Cocheres.

Designed for seaside living, The Tides Carlsbad offer 4 distinctive floorplans ranging from approximately 2419 to 2978 sf. One Carlsbad single level floorplan is available in this Carlsbad CA coastal homes community which can be a hard find in new housing these days. 3-5 bedroom floorplans are available with a variety of personlization options and configurations including casitas, offices, teen rooms, and media rooms.

Contact Travis Breton for more information about these new Carlsbad CA coastal homes for sale or for information about Carlsbad real estate.

: Carlsbad Real Estate, New Home Communities, San Diego Real Estate
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