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Spring home buying season is here, and all the signs indicate that it’s time for buyers to make their move. Buyers in the market should take advantage of the decreasing mortgage rates to secure the home of their dreams. Read more in this The Mortgage Reports article by Aly J. Yale.
Decreasing mortgage rates, rising wages and a finally improving supply of inventory all spell good news for the housing market. In fact, according to one expert, “a stronger than expected” spring homebuying season lies ahead.
According to Mark Fleming, chief economist at First American, spring is shaping up to be a good season to buy a home. Just this week, mortgage rates notched down to an average 4.28 percent on a 30-year loan, according to Fannie Mae — their lowest point in some time. Throw in increasing wages, and buyers have it even better.
“The last three months have been kind to potential homebuyers,” Fleming said. “While mortgage rates increased throughout most of 2018, they began to trend downward in December and have continued to fall since then. All the while, average household income has trended up, boosting house-buying power.”
These lower rates don’t just increase purchasing for buyers, but they also encourage existing homeowners to join the market. As Fleming puts it, these owners were “rate locked-in” when mortgage rates were rising. Now that they’ve dropped, homeowners might consider purchasing a new house at a lower rate, creating more housing inventory in the process.
Fleming says there’s also the Millennial factor to consider. Many Millennials have been priced out the market historically, and today’s lower rates are inching the door to homeownership back open.
“The increase in house-buying power directly contributed to a gain of nearly 131,000 potential home sales in the last three months, by far the strongest driver of market potential,” Fleming said.
An extra boost in new construction is also likely to help the housing market as we head further into 2019.
“The recent increase in housing starts means home builders are pushing through new construction projects, which should help alleviate the supply shortage in the future,” he said. “The net effect? We expect the spring home-buying season to be stronger than anticipated just a few months ago.”
The successful new waterfront townhome community is nestled on the banks of the Delaware River in the heart of Bensalem’s Renaissance.
Bensalem, PA – It’s the start of the Spring season, and with that comes exciting new opportunities in Bensalem. Leading the helm is Waterside by Lennar, a highly sought-after new waterfront townhome community by Lennar Corporation (NYSE: LEN and LEN.B). Perfectly situated on the banks of the Delaware River, Waterside by Lennar has seen great success in recent months and is preparing for an exciting Spring season ahead. “This is the perfect time to live at Waterside by Lennar, nestled in the heart of what is now called the Renaissance in Bensalem,” said Anthony Mignone, President of Lennar’s Tri-State Division. “This 675-acre initiative is transforming the Bensalem waterfront with new energy, neighborhoods, culture
Waterside by Lennar offers modern layouts with four-floor plan options to choose and up to 2,651 sq. ft. of living space. “Residences highlight elegant finishes, open floor plans, high-end features, decks/terraces (per plan), energy-efficient construction and individualized architectural facades,” said Mignone.
The community also highlights an eight-acre riverfront park with stunning panoramic views of the Delaware River. “We are hosting a great lineup of outdoor events this Spring/Summer and we encourage all those interested to act now to be part of the excitement,” said Mignone.
Ideal for families of all ages and stages, Waterside by Lennar is part of the Bensalem Township School District, an above average public school district – according to Niche.com. The Bucks County community is also located near Neshaminy State Park, West Avenue Nature Trails and Poquessing Valley Park. Residents have access to limitless opportunities for shopping, dining and recreation in Downtown Bensalem, as well as over 200 outlet stores at nearby Philadelphia Mills.
For added convenience, the community is located just off I-95, making it easy to commute to and from New Jersey and Philadelphia. For longer travels, Waterside is only 23 miles from Philadelphia International Airport and just a half-mile from the Septa/Amtrak regional rail.
Townhomes are priced from $349,900, and favorable market conditions make now the perfect time to purchase a new home at Waterside. “Historically low-interest rates allow buyers to save more in the long run,” said Mignone. “And since the rates are not guaranteed to stay low for long, now is the opportune time to make your move.”
Waterside by Lennar is located at 129 Federal Street, Bensalem, PA 19020. The Welcome Home Center is open daily from 10 am to 6 pm. Those interested are invited to visit https://bit.ly/2OVYjlh or call 609-349-8258.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation’s largest builders of quality homes for all generations. The Company builds first time, move-up and active adult communities under the Lennar brand name. Eagle Home Mortgage and CalAtlantic Title provide mortgage financing, title insurance
If the saying is true, that it’s all about location, then Grand Terrace has to be on your must-tour list. Conveniently located in West Ashley between the Ashley and Stono Rivers, on a tidal channel that rolls out to the Atlantic Ocean, Grand Terrace feels worlds away from the hustle and bustle, but is actually within minutes Highways 526, 17, and 61. Also just mere minutes from Bees Landing Recreation Center, residents of Grand Terrace enjoy plenty of opportunities to play and relax – on its athletic fields, basketball and tennis courts, playground, picnic tables, and Dog Park. And, top-rated nearby schools include Drayton Hall Elementary School, the Advanced Studies Magnet School, West Ashley High School and healthcare.
These stylish, two-story, drive-under townhomes boast two and three bedrooms, two-and-a-half baths and offer from 1,852 to 2,270 feet of gracious living space, with optional recreation room and bathroom on the first level. And, as part of Lennar’s Everything’s Included®, Grand Terrace homeowners enjoy a host of designer features at no additional cost, like 10-foot ceilings, stainless steel kitchen appliances, and granite countertops with subway tile backsplash, and amazing Home Automation packages with Amazon activation and support.
Ready for a private tour? Simply CLICK HERE, call or text 843-514-8295 now. We look forward to seeing you!
Lennar’s American Dream Series is all about making homeownership achievable for more people, and we’re thrilled to announce that the value-added home series, which include an array of new floorplans, is launching in several of our new Myrtle Beach communities.
Designed for high-energy efficiency and enduring value, American Dream series homes are move-in ready with flexible floorplans designed with everyone in mind, stainless steel GE® kitchen appliances, energy efficient LED lighting, and high-efficiency heating and air conditioning systems. Home prices start in the low $200s.
The Dover at Sun Colony
Sun Colony is the first South Carolina to launch the American Dream home series. Ideally located in Longs, one of South Carolina’s most beloved small towns, the community is nestled among award-winning golf courses, close to grocery stores, shopping, entertainment, and parks and just a short drive to the popular Cherry Grove Beach. The Dover model home is now open, and this one-story, three-bedroom, two bath home includes 1,520 of generous living space, a two-car garage, and a 10-foot by 12-foot patio. To schedule a private tour or join our VIP list, please call 843-471-9814 or email us.
North Village at Little River
Ideally located in Little River, the home of the world-famous Blue Crab Festival, one of the largest festivals in the Southeast, North Village feels far from the hustle and bustle of Myrtle
Arbor Glen
Conveniently located in Longs, one of South Carolina’s most beloved small towns, Arbor Glen makes it home among award-winning golf courses and offers easy access to grocery stores, shopping, entertainment, and parks. And, it’s just a short drive to the beautiful beaches of Cherry Grove. The community’s homes will be part of the American Dream series and prices will start in the high $100s. To learn more and join our VIP list, please call 843-471-9814 or Click Here.
El Dorado Hills, Calif. – March 2019 – Lennar is excited to invite prospective home shoppers to the official Grand Opening event of the 10 all-new model homes at Heritage El Dorado Hills, Saturday, March 30 from 11 a.m. to 3 p.m. The blow-out event will offer valet parking with a shuttle, complimentary bites and dessert, live music, fun activities and the first opportunity to tour the professionally-decorated model homes.
“We cannot wait for this upcoming event, which is kicking off our next phase at Heritage EL Dorado Hills,” said Michelle Velky, Vice President of Sales and Marketing for Lennar Sacramento. “Our model homes showcase the latest Everything’s Included® upgrades and features, along with fresh, new and on-trend home décor.”
Heritage El Dorado Hills is a gated masterplan of all Lennar homes exclusively for active adults aged 55 and better. Offering four neighborhoods, Legends, Estates, Reflections and Mosaic, each features a collection of distinctive, single-story floorplans with sizes that range from approximately 1,230 to 2,993 square feet.
All the homes in phase II offer Lennar’s Everything’s Included® program which provides high-end features at no additional cost to the buyer. With 634 homesites offered in total during this next phase, each home will showcase quartz countertops, stainless steel appliances, solar and new integrated home automation features as standard.
Each home will also showcase Thoughtful Design® details at no additional price. Available only at Lennar Sacramento Heritage communities, these features were created with changing lifestyle needs in mind and include items such as wider doors and hallways, lower appliance design, extra lighting, walk-in showers with hand-held shower heads, reinforced backing in the bathroom for future handrail placement and more.
Residents enjoy a resort-style lifestyle thanks to the extensive amenities at The Retreat, an approximately 5,000-square foot recreation center with a fitness center, aerobics studio, greenbelt, clubhouse, tennis and bocce ball courts, swimming pool, spa and more!
The event will take place at the Welcome Home Center, located at 2968 Calypso Circle in El Dorado Hills. For more information visit www.lennar.com/sacramento or call our Internet Sales Consultants at 916-304-9711 to book your tour.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com
Woodland, Calif. – March 2019 – You can trade in your car and your phone for a new one, so isn’t it about time you can do the same with your home? Lennar has teamed up with
“We are beyond excited about this new program, which makes it easier than ever to sell, buy and move into a brand new Lennar home,” said Michelle Velky, Vice President of Sales and Marketing for Lennar Sacramento. “The current process for selling a home can be complicated and cumbersome families forcing them to keep their home insanely clean, showing their home at inconvenient times and trying to sync the sale of your old home with the closing of the new home. This modern program eliminates the traditional hassles, is more transparent and actually gives the buyer more control.”
The program works in three easy steps. First, find your new Lennar dream home. Our Internet Sales Consultants are always available to help you with your search and are knowledgeable about all of our communities and what kind of home designs are offered at each one.
Second, get a free offer on your current home. Visit Opendoor.com/Lennar to request a cash offer on your existing home. You can enjoy skipping the hassle of listing, showing and months of uncertainty.
Third, sell your current home to Opendoor and buy your new dream home in one seamless experience. Lennar and Opendoor will time the closings of both homes, so there is no need to move twice, have a double mortgage or put things in storage.
Lennar is excited to offer this program on quick move-in homes across the city of Woodland. Currently, Lennar has quick move-in homes available at two communities at Spring Lake, while three more communities – Magnolia, Summerstone and Sunflower – are coming soon.
Every new home comes with Lennar’s signature Everything’s Included® program, which provides high-end features such as solar, stainless steel appliances, quartz countertops and home automation at no additional cost. Additionally, Lennar offers Next Gen® – The Home Within A Home® designs at both The Orchard and The Grove, for multigenerational living at its finest.
To start your search today, visit www.lennar.com/sacramento or www.opendoor.com/lennar to learn more!
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Lennar Homes, LLC (“Lennar”) and Opendoor Labs, Inc. (“Opendoor”) have a financial relationship with each other, in that Lennar has an investment interest in Opendoor. Because of this relationship, transactions with Opendoor may provide Lennar a financial or other benefit. You are NOT required to use Opendoor as a condition for purchasing a Lennar home. Market rates are based on market trends and other factors that cannot be predicted. Lennar does not make any representation or warranty as to the Opendoor valuation process, fees, commissions, offers or performance of services. Timing of closings cannot be guaranteed. You may have to lease your existing home back from Opendoor for a limited period of time. Opendoor purchases homes that meet certain location, price, construction, feature and other standards. Opendoor does not purchase every home for which a request for an offer is submitted.
You haven’t experienced the splendor of Texas until you’ve seen the state flower, the breathtaking bluebonnet. The distinctive annuals, subjects of beautiful family photos and famed Texas painters, bloom for six weeks, with fields upon fields of them peaking in April.
Well, wouldn’t you know? That’s also the best time to buy a new Lennar home for sale in Dallas-Fort Worth.
“With spring flowers blooming and the grass green and just the right length, you’ll be seeing what your future home will look like at its best,” a Dallas Realtor writes in a recent blog about the prime spring/summer seasons for homebuying.
Lennar’s 82 communities are spread like bluebonnet pastures throughout the Metroplex. New homes for sale are, like spring itself, bustin’ out all over. Thanks to Lennar’s reputation for outstanding site selection, communities are virtually around the corner from Dallas-Fort Worth’s top-ranked schools. Spring and summer are ideal times to purchase a new home for families with schoolchildren. Until the kids return to school, you get to enjoy your new home in a community rich with amenities. Many include a resort-style pool, walking trails, playgrounds and more.
If you think bluebonnets are pretty, the economic picture in north Texas is rosy, too. Lennar’s exceptional pricing in the popular Metroplex adds even more color to the season.
“If you want to buy here, buy now. This is probably the most resilient market in the state, with long-term growth almost assured,” says Forbes, while Bankrate.com reported on March 14: “If you’re in the market for a home, you’ll be happy to hear that mortgage rates fell to a 13-month low this week just as homebuying season kicks off.”
With so many home-design choices, in communities from Frisco to Forney, Prosper to Plano and Little Elm to Lewisville, you’ll find the perfect home with Everything’s Included®. That’s Lennar’s homebuilding innovation that offers as standard those features most other homebuilders provide as add-ons, passing additional costs to the homebuyer.
While bluebonnets last only about six weeks, the best season to buy a new home for sale in Dallas-Fort Worth continues through the summer.
“The sun is shining. You’re more likely to enjoy looking at homes when the sun is out and the day is pleasant,” as the blogging Realtor says. “It’s easier to see what a home looks like under the warm glow of the summer sunshine.”
To feel that glow with a new Lennar home in the Metroplex during the best time of year to purchase one, visit Lennar’s Dallas-Fort Worth website.
San Diego, Calif. – March 2019 – Lennar San Diego is offering home shoppers incredible chances to save. During their Spring into Savings Promotion, homebuyers can enjoy $0 closing costs on select homes that sell and close by the end of May, along with other limited time offers at select communities.
“We know spring time is moving time – which is why we are giving families the opportunity to save while making their move,” said Laurie Massas, Vice President of Sales and Marketing for Lennar San Diego. “We have so many incredible new communities and Grand Openings happening this season, offering homes for every type of family. From active adult, to first-time buyers, move-up luxury and multigenerational households – we have options all across north, south and central San Diego.”
The Collection at St. Cloud is a new community of upscale townhomes in Oceanside that Grand Opens on Saturday, March 30. This Everything’s Included® community is offering the first year of HOA dues paid for homebuyers who act quickly. Set in the gated St. Cloud masterplan, homeowners enjoy access to The Cabana Club amenities with aerobic room , Jr. Olympic-sized swimming pool and spa.
Avila is a community ideal for empty-nesters or first-time buyers. Offering attached homes for sale starting from the low $500,000s, this community offers great value with no Mello Roos! A future pool and spa will also be available exclusively for Avila homeowners.
For a limited time only, homebuyers can enjoy no Mello Roos on select homesites at Avanté, a gated community for active adults aged 55 and better at Del Sur. Avanté residents enjoy their own exclusive recreation center with a pool, spa, barbecue station, outdoor fire pit and clubhouse with event kitchen, lounge and fitness room.
Homebuyers will find incredible multigenerational homes now selling at Sterling Heights, a new community of luxury homes. This collection of estate-style homes range from approximately 4,283 to 6,450 square feet and includes three all-new Next Gen® – The Home Within A Home® designs.
Every new Lennar home always comes with added value and style thanks to the homebuilders Everything’s Included® program. Features and upgrades such as solar, stainless steel appliances, quartz countertops, home automation and more come included at no additional cost.
Home shoppers will find even more options across San Diego county. Visit www.lennar.com/sd to start your search today.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
*Offer is limited to individuals that finance through Eagle Home Mortgage, LLC or all-cash buyers. Offer available on select quick move-in inventory homes (excluding The Collection at St. Cloud, Sterling Heights at The Lakes and Artesian Estates at Del Sur) if the purchase agreement is fully executed between 3/1/19 and 5/15/19 and closes and fully funds on or before 5/31/19. Purchase agreements fully executed prior to 3/1/19 are excluded. At closing, Lennar will provide to buyer a credit in an amount not to exceed between $5,000 and $20,000 as determined on your Loan Estimate, excluding prepaids. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include use of designated lenders and closing agents. Certain incentives could affect the loan amount. Offer good for a limited time only. Lennar reserves the right to change or withdraw any offer at any time. Contact a Loan Officer for financing details, or a New Home Consultant for home purchase details. Lennar Homes, LLC (“Lennar”) and Eagle Home Mortgage, LLC (“Eagle”) have business relationships with each other. Lennar and Eagle are, directly or indirectly, wholly owned by Lennar Corporation. Because of this relationship, transactions with Eagle may provide Lennar a financial or other benefit. You are NOT required to use Eagle as a condition for purchase of a Lennar home. You are free to shop around to determine that you are receiving the best services and the best rate for these services. For additional information please visit their websites www.Lennar.com and www.eaglehm.com. Eagle’s loan process is a voluntary program and participation is not required in order to purchase a home from Lennar. Requesting a loan prequalification and making a loan application do not constitute a loan approval or otherwise indicate that a consumer has or will qualify for a loan from Eagle or any other lender. Financing is not guaranteed and not all consumers will qualify to purchase a Lennar home. Visit Lennar.com or see a Lennar New Home Consultant for further details and important legal disclaimers. Eagle Home Mortgage of California — NMLS #252392, #1727758.
Shafter, Calif. – March 2019 – Lennar is excited to invite Gossamer Grove homeowners as well as prospective home shoppers to participate in an Easter egg hunt and photos with the Easter bunny at their Eggstravaganza Event on Saturday, April 13, from 11 a.m. to 1 p.m.
“We are looking forward to having all the kids come out and have some fun while getting into the holiday spirit,” said Susan Wilke, Vice President of Sales and Marketing for Lennar Central Valley. “It’s also the perfect opportunity for prospective home shoppers to
This seasonal Easter egg hunt will have something for all ages. There will be three Easter egg hunts for different age groups, with the first taking place at 11:15 a.m. for children ages up to 5, the second at 11:45 for kids aged 6-8 and the final hunt at 12:15 for those aged 9-12. From start to finish of our event you are welcome to take your own photos with the Easter bunny! Share your photos with us at our Gossamer Grove Facebook page.
Click HERE to tell us your coming to our Eggstravagana Event!
Before and after the event, home shoppers are invited to tour the 13 model homes from the four collections of home designs offered at the master-planned community.
The Chateau Series at Gossamer Grove offers five distinctive floorplans. These modern home designs come in both single and two-story layouts that range in size from approximately 1,787 to 3,167 square feet. Offering three to five bedrooms and two to four bathrooms
The California Series at Gossamer Grove features five distinctive floorplans. All single-story designs, these homes range in size from approximately 1,580 to 2,171 square feet, three to four bedrooms and two to three bathrooms.
The Skye Series at Gossamer Grove presents a collection of four single-story floorplans that range in size from approximately 2,029 to 2,570 square feet. These homes offer three to four bedrooms, two to three bedrooms
The Savannah Series at Gossamer Grove also offers four home designs in both single and two-story floorplans. Ranging in size from 1,450 to 2,223 square feet, two to four bedrooms and two to two and one-half bathrooms.
Every new home at these collections showcases Lennar’s signature Everything’s Included® program. The program provides added style and value as standard, with items such as stainless steel appliances, granite or quartz kitchen countertops, integrated home automation and more – all at no additional cost.
Coming soon to the community is Lennar’s new Summer Series of homes. Pricing is expected to go live on March 29 Click HERE to see the full list of features from the Summer Series.
Lennar is the first homebuilder to offer Wi-Fi CERTIFIED™ Home Designs. Every new home features built-in wireless access points throughout, for whole-home connectivity. So, every member of the family can enjoy streaming and stay connected to what matters most to them, in every room, simultaneously and with no dead spots.
Home shoppers will also find revolutionary Next Gen® – The Home Within A Home® designs in each of the Skye, Chateau and California Series at Gossamer Grove. Created with multigenerational living in mind, these unique homes all include an attached private suite with its own separate entrance, living room, bedroom, bathroom and kitchenette.
Gossamer Grove is a master-planned community being built atop more than 1,000 acres and will include, in addition to more than 3,000 homes, two schools, ten parks and commercial and retail development, including city services. The first park, Flight Park, is already open and was built to pay homage to Shafter’s deep-rooted history in aviation.
Be sure to follow our Gossamer Grove Facebook Page to stay connected to what’s happening around the grove Call us today at (661) 360-1217, visit www.lennar.com/gossamergrove or CHAT NOW.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com
