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For more than a year, Steven Horwitz looked at new homes and resales in southern Palm Beach County but couldn't find the right combination of value and location.
Then last summer, Horwitz hit the lottery. GL Homes pulled his name out of a Bingo tumbler, putting him at the front of the line to buy a four-bedroom home at the Tuscany development near Delray Beach. He agreed to pay $374,900; eight months later, the same house sells for $414,900, or 11 percent more.
"Even though it's gone up a little, it's still an unbelievable price," said Horwitz, a 31-year-old dentist. "At the time, I was still a little bit unsure about buying, but when my name was picked, I felt like it was meant to be."
Tuscany's double-digit price increases are higher than those at most other new projects in South Florida, analysts say. While new home values are still rising, builders across the region are adjusting their expectations as the housing market slows.
"I think we're seeing a plateauing of prices in certain areas, especially on the higher end," said David Cobb, regional director of the Metrostudy research firm.
Investor frenzy from 2011 to 2013 helped push prices of all homes higher. Median prices on resales climbed by more than 20 percent year a year in some areas before retreating. Last year, builders in Palm Beach, Broward and Miami-Dade counties raised prices by an average of 6 percent about half of the increase of 2013, Metrostudy said.
"In '07 and '08, prices were pushed way down, and then we saw a quick pop back up, but now we're back to what I would consider a more normal market," said Jim Carr, president of CC Devco, the builder of Monterra in Cooper City and other projects in Broward and Palm Beach counties.
"We're definitely hitting some resistance [from buyers]," said Ray Puzzitiello, a West Palm Beach custom builder and president-elect of the Florida Home Builders Association. "But our costs are going up, too, and it's not like those are flexible. Some buyers understand it, but some don't want to hear about it."
Buyers at Tuscany are paying 10 percent to 13 percent more than those who initially bought when sales launched in July. But the price increases don't appear to be quashing demand at the 455-home development just east of Florida's Turnpike on Atlantic Avenue.
Prices range from $344,900 to $429,900, and six models opened last weekend. Sunrise-based GL Homes says it has sold 180 homes so far.
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New-home prices leveling out as builders adjust expectations
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Home show back to serve builders -
March 14, 2015 by
Mr HomeBuilder
The three days of the West Branch Susquehanna Builders Association Home Show are weatherproof.
Despite a National Weather Service forecast calling for on-and-off rain and possible snow showers this weekend, the majority of the displays are under the roof of the spacious Lycoming College Recreation Center at 508 Mulberry St.
Hours of operation are 3 to 9 p.m. today, 10 a.m. to 8 p.m. Saturday and noon to 4 p.m. Sunday.
More than 170 vendors registered for what will be the 55th annual Home Show, according to Marion Nyman, co-executive officer of the show and association that received its charter 56 years ago.
Nyman and her husband, Walt, said the show is an annual rite of spring for some.
Any type of home builder, remodeler, kitchen and bathroom or flooring installer and financial expert is available, she said.
"It's a must-see for any contemplating a home improvement," she said.
Dispelling any rumor it's a strictly contractor-only show, Nyman said it's open to the general public.
Walking into the show or visiting around the outer court booths, including a wood carver on display, may require bringing an umbrella or rain gear, however.
The forecast indicates daily high temperatures in the low 40s but with periodic rain starting after 3 p.m. today, and a higher percentage possibility of showers for Saturday and early Sunday.
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Home show back to serve builders
Pacific Carpet Tile Cleaning Reviews - Newport Beach CA
Pacific Carpet Tile Cleaning of Newport Beach, CA preforms Steam Carpet Cleaning, Tile Floor Cleaning, Upholstery Cleaning and Marble/ Travertine Floor Pol...
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Pacific Carpet & Tile Cleaning Reviews - Newport Beach CA - Video
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Farnborough - Commercial - Carpet Cleaning
We offer one of the finest carpet and upholstery cleaning services in and around Farnborough. Our commercial carpet cleaning covers many areas of commercial ...
By: ProSteamUK - Specialist Cleaning Services UK
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Carpet cleaning Dunfernline – Video -
March 14, 2015 by
Mr HomeBuilder
Carpet cleaning Dunfernline
Carpet cleaning on Dunfermline and testing the new app via YouTube Capture.
By: barryscarpetcare
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Carpet cleaning Dunfernline - Video
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chalotte carpet cleaning – Video -
March 14, 2015 by
Mr HomeBuilder
chalotte carpet cleaning
great carpet cleaning for your home and business.
By: Troy Mackey
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Extreme Performance Carpet Care LLC
Dayton Ohio Carpet Cleaning specialists.
By: Extreme Performance Carpet Care
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Eco Friendly Carpet Cleaning Vancouver BC 604-839-9008
First Class Carpet Cleaning uses eco-friendly cleaning products that are safe for your family, kids, pets, and the environment. http://www.carpetcleanersvancouver.com 604-839-9008.
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Eco Friendly Carpet Cleaning Vancouver BC 604-839-9008 - Video
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Shark Sonic Duo Hard Floor and Carpet Cleaning System
Visit us at http://www.cpooutlets.com/shknzz900/shknzz900,default,pd.html?ref=CPOYoutube to learn more about the Sonic Duo Hard Floor and Carpet Cleaning System from Shark! The Shark Sonic...
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Omaha, Neb (PRWEB) March 13, 2015
The cold is beginning to fade, the days are getting longer, and spring is right around the corner. Now is the time to give your home a much needed deep clean and banish dust and dirt that has accumulated throughout the cold winter months.
Spring is great time to embark upon those chores that often get overlooked. Cleaning experts from The Maids offer the following tips to help you tackle these tasks with ease.
Organize closets. Start by organizing closets. Free up extra space by purging old clothing items you havent worn in the last two years. Consider making a donation of unwanted items to a local charity.
Clean vents and registers. Dust and dirt quickly collect in registers and air vents, which can circulate into the air. For regular cleaning, use your vacuum with the brush attachment. For a thorough clean, remove metal vents from the wall and wash them in warm soapy water, dry and reattach.
Clean carpets. Regular carpet cleaning helps maintain your carpet and improve indoor air quality, which in turn decreases allergy and asthma symptoms. If you dont own a carpet cleaner, look at renting a machine or hiring a professional.
Wash windows. Wash windows inside and out. Use a drop of liquid dish soap per two gallons of water and a good squeegee. You will get the best results if you wash windows on a cloudy, not sunny day, because sunlight dries the glass quickly, causing it to streak. Vacuum and rotate mattresses. Dust and dander build up in your mattress. Vacuum your mattress using the upholstery attachment on your vacuum cleaner. Turn the mattress over, and then switch the top of the mattress to the bottom of the bed to help reduce concave areas.
Clean ceiling fans and light fixtures. Turn off your light then remove light bulbs and light casing. Dust the tops of ceiling fan blades and inside ceiling lamp globes. Wash glass fixtures in the sink by first placing a washcloth in the bottom to prevent damage, then wash with warm soapy water.
Clean wastebaskets. Empty all trash containers. Clean and disinfect them inside and out with warm, soapy water and a neutral disinfectant.
Clean cupboards and drawers. Vacuum crumbs, dust and hair, then wash the bottom and inside of each drawer and cupboard using a solution of two tablespoons vinegar per one quart of water and wipe dry.
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Time to Come Clean - Top Tips to Get Your Home in Shape for Spring
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