Here’s a quick video update from Piscataway Landing Phase II showing the soil cement process. Both Lime and Portland cement used in soil stabilization because of how they interact with the soil and the water on a molecular level, which in turn not only dries out wet soil but improves the quality, compactability and performance of the existing soil.
Haverford Homes
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Prices falling?…Not in the Washington Metro Area
For those living in the Washington DC metro area, there has been an almost 5 percent increase in home prices since 2009 on average across the region, while the rest of the country continues to see price declines. The months supply of homes in most close-in counties and DC is hovering between 3.5 to 5 months. Anything below a 6 month supply is historically a Seller’s market.
Prince George’s County Housing Inventory Declining!
Prince George’s County Housing Inventory Declining!
The inventory trend of existing fee simple homes in Prince George’s County is declining.
This translates to a 4.8 month inventory supply of homes. The market is gradually normalizing. Tighter inventories always lead to future price increases as demand begins to outpace supply. Historically, a balanced market is a 6 month supply of homes. Anything greater than 6 months is a Buyer’s market. Anything less, is a Seller’s market.
Housing Inventory Returning to 2005 Levels
Nationally, the supply of for sale homes is returning now to 2005 levels. See graph from Calculated Risk. While there is still a shadow inventory of foreclosures and short sales, the trend is a diminishing supply of homes and a reduction of inventory. In addition, the supply of new homes is now less than any amount since 1963, when records began to be kept.
Piscataway Phase II Selling Now
First Four Lots have been released! Call Jeff Cohen for more details 240-304-0815
Builders sacrificing quality for profits…? Not Us!
Protect yourself, your family and your investment. Many builders are sacrficing quality for profits in todays market. Before you make one of the biggest investments, ask your builder if they provide the following features showcased in the video below.
Jack Lightner, Production Manager of Haverford Homes, reviews our state of the art custom built sump pump system. We also review our Advantech Flooring, and Taex Pest Control Systems which we include standard in everyone of our homes….
Haverford Homes at Piscataway Landing Update 2.18.11
Have you seen Piscataway Landing lately? Our Land Development Director Stephen Gunn gives us a quick update on sales, landscaping, and the overall progress of the Community (see short video below). We now have all underground utilities complete, and have gone “green” with our new infiltration trenches which control water runoff. The Spring Market has officially arrived! Over the last week we’ve had multiple sales across the County. Our lenders are advising us that the rates are slowly rising as the economy regains confidence. Many experts say that the buying opportunities are now. In fact, some would say to make a move now, before the sellers cut back on the sugar that make the deals so sweet.
New Kitchens….new feel
It’s a busy city at Piscataway Landing. We are grading, sodding, installing, and digging. Even in this deep freeze our crews are working hard to put the finishing touches on these homes. Today our painters were applying some designer colors to lot 46B (seen below), and our HVAC contractor was installing thermostats. If you think this sounds exciting, just wait until we post some pictures of the competed product. Our inbox in filled with inquries right now:)
We also stopped in at lot 15C (8405 Poplar Hill Drive, Clinton MD), to check the progress on our new kitchen/sunroom design. We’ve posted before and after pictures to show the pass through into the 12×15 sunroom. We think this allows for a much more open feel. Let us know what you think. It was a good day with lots of progress.
Warren Buffett sees housing market bouncing back by 2011
By Andrew Frye, Bloomberg News
Billionaire Warren Buffett said the U.S. will recover
from the residential real estate slump by 2011 as
demand for houses catches up with the supply that
accumulated during the bubble.
“Within a year or so, residential housing problems
should largely be behind us,” Buffett wrote Saturday
in his annual letter to the shareholders of his
Berkshire Hathaway. “Prices will remain far below
‘bubble’ levels, of course, but for every seller or
lender hurt by this there will be a buyer who
benefits. Indeed, many families that couldn’t afford
to buy an appropriate home a few years ago now
find it well within their means.”
Full Article
