Category Archives: New Homes Industry

Last Chance at BlueWater in Lake Elsinore!

The BlueWater community in Summerly, Lake Elsinore is almost sold out with sales breaking expectations. If you’re looking for a home that has all the upgrades features and lush landscaping, you want one of the gorgeous model homes! Don’t wait too long because the doors close quickly on these opportunities! Click to www/seacountry-bluewater.com for more details.

ONE STORY PLAN TWO:

TWO STORY PLAN THREE:

The Strand in Dana Point

This is a one-of-a-kind beachfront community that is the last offering of custom homesites in Orange County. Starting from $2mil for a lot and up to $26mil for a completed home, Create-a-Buzz is so excited to be joining The Strand Team with a focus on marketing initiatives.

Please stand by as I post available homes and lots from time to time, and be prepared for an epic “WOW” factor!

 

Home Sales Zoom to Highest Pace in Decade

This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a decade, the National Association of REALTORS® reported Friday.

Strong sales gains in the Northeast and Midwest were behind most of the nationwide 4.4 percent month-over-month increase in existing-home sales in March. The West was the only major region of the U.S. to see a modest decline in sales activity last month.

Regional Breakdown 

The following is a closer look at how existing-home sales performed across the country in March:

Source: National Association of REALTORS®

  • Northeast: Existing-home sales jumped 10.1 percent in the region, reaching an annual rate of 760,000. Sales are now 4.1 percent above a year ago. Median price: $260,800, which is 2.8 percent higher than a year ago.
  • Midwest: Existing-home sales rose 9.2 percent to an annual rate of 1.31 million in March, and are 3.1 percent above a year ago. Median price: $183,000, up 6.2 percent from a year ago.
  • South: Existing-home sales increased 3.4 percent to an annual rate of 2.42 million, and are 8.5 percent above March 2016. Median price: $210,600, up 8.6 percent from a year ago.
  • West: Existing-home sales in the West dropped 1.6 percent to an annual rate of 1.22 million in March, but remain 5.2 percent above a year ago. Median price: $347,500, up 8 percent from March 2016.

“The early returns so far this spring buying season look very promising as a rising number of households dipped their toes into the market and were successfully able to close on a home last month,” says Lawrence Yun, NAR’s chief economist. “Although finding available properties to buy continues to be a strenuous task for many buyers, there was enough of a monthly increase in listings in March for sales to muster a strong gain. Sales will go up as long as inventory does.”

Total existing-home sales—which include completed transactions for single-family homes, townhomes, condos, and co-ops—reached a seasonally adjusted annual rate of 5.71 million in March. The sales pace is 5.9 percent above a year ago. Further, existing-home sales are now the strongest month of sales since February 2007 (5.79 million).

Here’s a closer look at some of the key indicators from NAR’s latest housing report, reflecting March housing numbers:

Home prices: The median existing-home price for all housing types was $236,400, up 6.8 percent from a year ago when it averaged $221,400.

Days on the market: Properties stayed on the market for an average of 34 days in March, down significantly from 47 days a year ago. Short sales took the longest to sell at a median of 90 days in March; foreclosures sold in 52 days; and non-distressed homes took a median of 32 days—which is the shortest length of time since NAR began tracking such data in May 2011. Forty-eight percent of homes sold in March were on the market for less than a month.

All-cash sales: All-cash transactions comprised 23 percent of sales in March, down from 25 percent a year ago. Individual investors make up the biggest bulk of cash sales. They purchased 15 percent of homes in March, up from 14 percent a year ago.

Distressed sales: Foreclosures and short sales made up 6 percent of existing-home sales in March, down from 8 percent a year ago. Broken out, 5 percent of sales in March were foreclosures and 1 percent were short sales. On average, foreclosures sold for a discount of 16 percent below market value; short sales were discounted an average of 14 percent.

Inventories: Housing inventory at the end of March rose 5.8 percent to 1.83 million existing homes available for sale. Inventory is 6.6 percent lower than a year ago (1.96 million). Unsold inventory is now at a 3.8-month supply at the current sales pace.

“Bolstered by strong consumer confidence and underlying demand, home sales are up convincingly from a year ago nationally and in all four major regions despite the fact that buying a home has gotten more expensive over the past year,” Yun says.

Source: National Association of REALTORS®

Check Out The Citrus Lane Brochure

We’re all so excited to part of Loma Linda’s newest community, Citrus Lane. There’s very little new construction in this area, so we’re receiving a wonderful reception from the locals and everyone is really anticipating a successful grand opening next month.

I wanted to give you a sneak peek at what is yet to come for Citrus Lane! Hot off the press is the sales brochure with floor plans and features. There’s a lot of amazing standard features for a house this size, meaning you won’t have to spend a ton in upgrades to get the home of your dreams! What a treat!

Please share your thoughts! We love feedback!

BLUEWATER AT SUMMERLY IS OPENING!

We’re putting the finishing touches on the model homes and marketing collateral is being delivered! SeaCountry Homes, Create-a-Buzz Marketing and the team of many are looking forward to a successful grand opening weekend on Saturday, August 13th.

These one- and two-story single family residences have as many as 6 bedrooms, 4 bathrooms and 3 bay in the garage; but don’t be fooled by the space! Prices are projected to begin in the lower range of the mid-$300,000s! That’s VALUE when you consider all the amenities and benefits of living in a masterplanned community that is conveniently situated off I-15 in a very active region of Southern California. There’s so much going on in and around Lake Elsinore!

Feel free to come out and experience personally the BlueWater neighborhood! You’ll see right away why Summerly is becoming a favorite place to call home for so many.

Learn more at www.SeaCountry-BlueWater.com

BlueWater by SeaCountry’s Brand In Process

Team Buzz has been working with SeaCountry Homes to develop a new brand for their upcoming neighborhood in Summerly, Lake Elsinore. It’s a fun-loving, fresh community with a TON of lifestyle amenities in and around the community.

We started by developing a color palette that resonated all the fun to be had if you were to live in BlueWater by SeaCountry. Swinging at home plate, jumping dirt bikes, cooling off in a pool, water skiing being a boat or teeing off with a few friends…it what BlueWater is all about.

Stay tuned…next step is the logo design!