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If you’re currently buried in the snow…
We miss you at the beach. Capstone Homes is completely sick of this record winter weather, and we look forward to visits from our friends in the Northeast this spring. New homes in Lewes, Milton and Rehoboth Beach are just waiting for you, and Capstone Homes will be here when you plan to make your spring visit. In the meantime, Capstone Homes is happy to send you a link to this week’s copy of Coastal Sussex Magazine- an online magazine about the Delaware Beach area. Enjoy:
Here at Capstone Homes- we are dedicated to providing an honest look at Delaware New Homes, Delaware Beach Homes, the real estate market in Delaware, and housing in general.
This blog has also frequently been a cheerleader for new home sales- and this blog has been preaching for the last year that the market is turning.
This time, the stats have me in a corner. There is no way to spin the news that new home sales in January were miserable. The statistics show that January 2010 was the WORST MONTH IN THE HISTORY OF THE STATISTIC- SINCE 1963 OR SOMETHING.
That’s horrible. I don’t know how you say otherwise. Look at the raw government data HERE, and it’s not pretty.
At the same time, I have always told people that there is no “national” real estate market. The new homes in Milton- Capstone’s communities like Cannery Village, Holland Mills, Pemberton, Bay Pointe and Estates at Carriage Springs- those communities are selling very well. We had a good month in January- not a great month, but January isn’t always a great month for new Delaware beach homes.
If you’re waiting to purchase a new home- I don’t know why. Interest rates have nowhere to go except UP. There is all kinds of federal tax credit money available for first time homebuyers and people who are selling an existing home. Prices are down- and the total new home inventory in the US is 234,000 homes built but not sold. Last January it was 340,000. The historical average of new home sales in a year is 686,000* from 1963-2009. That means- when the market does recover, there will not be enough new homes in existence. That STILL makes today a buying opportunity.
There are certainly some people who are saying that the sky is still falling- and I think that is true in certain areas of the nation. The sky isn’t falling in Delaware. Capstone Homes in Delaware is looking to grow- and we think the recovery is going to be a great thing for Sussex County and the Delaware Beaches in general.
*based on the average of annualized rates from 1963-2009 as provided by http://www.census.gov/const/www/newressalesindex_excel.html
The math was done locally.
Capstone Homes is happy to be able to display some long-overdue renderings of the Taylor model home in Cannery Village.
Cannery Village in Milton, Delaware is a great Milton new home community near the Delaware beaches.
Cannery Village is located in the heart of Historic Milton, Delaware, and is just minutes from the great attractions of the Delaware Beaches. Capstone Homes builds single family and twin Delaware New Homes in Cannery Village. Cannery Village features the best of all that is available in new home communities- Energy Star construction, modern floorplans, a community center with an indoor pool… while the small lots and small town feel are preserved. Capstone Homes in Cannery Village is everything you want, and Capstone Homes has an amazing value in new Delaware Beach homes. Cannery Village makes a great Delaware retirement community- and Delaware is an amazing low-tax retirement destination.
Take a look at some of the renderings of the Taylor in Cannery Village below. The Taylor is a 1768 sq. ft. home that features 3 BR and 2.5BA. The Taylor features a first floor owner’s suite and seventeen foot ceilings in the great room. The Taylor is a great home waiting for you in Cannery Village…
Capstone Homes in Cannery Village, Taylor Elevation A
Capstone Homes in Cannery Village, Milton- Taylor Elevation B
Capstone Homes in Cannery Village, Milton, Taylor Elevation C
Capstone Homes in Cannery Village, Milton- Taylor Elevation D
Capstone Homes in Cannery Village, Milton, Taylor Elevation E
Stop reading about Capstone Homes-
Start watching and listening- a fresh video from the Delaware Beach Homes
Check the YOU TUBE VIDEO HERE.
Enjoy.
The Delaware Beaches aren’t the best kept secret any more-
The Delaware Beaches have many great Delaware retirement communities. The low-taxes and lower cost of living make a Delaware beach home a great choice for people who are looking to escape the higher taxes of other mid-Atlantic and northeast states. Rather than Arizona or Florida- Delaware keeps to you close to the ones you love.
Capstone is a builder of fine energy-star, semi-custom homes. We are a local based builder who focuses on building a quality home in great communities.
If you’re looking at Rehoboth Beach as a retirement destination, but you find that you’re on a budget that doesn’t let you own that close to the ocean- think about Milton, Delaware. Milton is just minutes from the Lewes and Rehoboth Beach area- and it is a great town with a wonderful coastal history. Milton offers the small-town charm of a rural town with some coastal flavor. You’ll love a new home in Milton- in a great community like Cannery Village. Cannery Village is the best of the old and new- small lots, great community, modern homes and modern amenities. Cannery Village is like no other community at the Delaware Beaches.
If you would like to be a bit closer to the beach- but still able to find great prices- think about Holland Mills. Larger lots- walking trails, a community clubhouse and pool- Holland Mills is a great place for someone who is looking for a Delaware new home at an amazing price. Holland Mills makes a great Delaware retirement community or a great Delaware beach home.
Check out Milton and Capstone Homes today!
Capstone Homes builds new homes in Coastal Milton, Delaware
This is not good news for Ryan Homes:
They are being sued for amenities that were never built- it was front page on Delaware Online- The Wilmington News Journal.
First- let’s get one thing absolutely clear- Ryan Homes has nothing to do with the amenities in Odessa National or any of the other communities in which it builds. Like Capstone Homes, we just build the houses- we rely on land developers to build the communities where we build Delaware New Homes. Ryan Homes represented that the amenities would be built because that’s what they were told. In the new homes sales business, referral business is everything- they would never lie to sell a house. While that might not be true of all builders- a large builder like Ryan Homes understands this better than most builders. We compete against Ryan Homes, but we prefer to build a better house rather than denigrate a competitor. The problems at Odessa National, however, are a teachable moment for anyone looking to build a Delaware new home.
All that being said- there is certainly something very shady happening at Odessa National- there isn’t a golf course there. The people who purchased homes there were told they would have a golf course. I guess I might sue someone too- and my comments on Ryan Homes are in no way a defense of what happened to the residents of Odessa National.
I think the best thing is a cautionary tale- and it’s a tale I have told before. If you’re going to purchase a new home- like a new Delaware Beach Home- you better know what is supposed to be built in your community. You also better know when, and you better get that in writing.
For Capstone Homes- we new homes in Milton, Delaware- Holland Mills, Cannery Village, Pemberton, and Estates at Carriage Springs. These communities are either complete or have their amenities basically complete. Cannery Village’s clubhouse is almost complete. Holland Mills has a completed pool and clubhouse. Pemberton and Estates at have no clubhouse, but both communities are complete. Capstone also builds homes in Bay Pointe, Lewes, where the clubhouse and pool are complete.
The bottom line is this- buyer beware. People will tell you many things to sell you a home, and usually the builder isn’t making the decisions about community amenities. When looking at a new home- think about the community, not just the home.
This is the Clubhouse at Holland Mills- Capstone Homes
This is another new home community near Milton. This is where the clubhouse will be. Get it in writing- from the developer.
Rehoboth Beach, Delaware has been listed as one of the top retirement locations in the United States!
Check our CNBC- here’s what they say:
For people living in the area between Southern New Jersey and Washington DC, a popular weekend and retirement destination lies near the Delaware shore. A three-hour drive from both Philadelphia and Washington DC, the Rehoboth Beach area has been a magnet for retirees over the past several years and Delaware expects the 65+ population to increase by 75 percent over the next 25 years.
The link is HERE.
The Delaware Beaches are a great place to spend retirement. A Delaware Beach Home is a wonderful place to enjoy three things:
Coastal Living. A Delaware New Home offers the relaxed coastal living near the Delaware Bay and Atlantic Ocean. It’s a great place with lots of local attractions, and it’s a great summer destination for everyone’s family.
Low-Taxes- Delaware offers one of the most retirement friendly tax states. For more information, click HERE.
Capstone Homes- Capstone Homes is a leader in value when it comes to Delaware Retirement Communities. Capstone Has site built homes in great coastal communities like Holland Mills, Bay Point in Lewes, and Cannery Village. Capstone has great homes- great prices! You can’t beat it!
Here are some photos that will remind you of warmer times at the Delaware Beaches:
Forget Winter- Bring This On!
This past weekend, the Delaware beach area was rocked with about 20-24″ of snow. The previous weekend the Delaware beaches had about 8″ of snow. As the blog post is being written, the Delaware beaches area living through another blizzard- the second blizzard in five days.
Someone needs to tell God that his weather orders had a typo. He is giving us Minnesota by mistake.
One of the new Capstone Home residents in Holland Mills to Capstone that he brought the weather with him from North Jersey. After we finished digging Holland Mills out for the second time on Monday- I told him that we might buy his house back and tell him to go back to Jersey (and take his weather with him!).
Anyway- Delaware isn’t really equipped to handle this level of snow. Snow was everywhere, and most side streets were in terrible shape. That was before today’s snow. These storms have basically shut Capstone Homes down- it is hard to build in this weather, and no one seems to come and look at houses in this weather. I guess that leaves lots of time for blogging!
Anyway, Capstone Homes builds Delaware New homes for people looking to purchase new homes at the Delaware Beaches. Capstone received a facebook comment on Monday morning that some of the residents in Holland Mills weren’t happy about the condition of the road in Holland Mills. Capstone Homes has nothing to do with plowing snow in any community in which we build, but Capstone Homes tries to take care of our people.
At Capstone’s expense, we had a crew come into Holland Mills and clear the road. We want happy people to live in our new homes, and Capstone homes are a great choice for someone looking for a low-tax retirement in a Delaware retirement community.
Capstone Homes isn’t promising extra road clearing for each storm- but we want people to have a good experience living in our homes and Capstone Communities.
I was also touched by the character of the residents in Holland Mills. Some of the men who live in the community spent most of a day with shovels- digging out their neighbors who were unable to clear their own driveways. They did this without having to be asked- and they didn’t charge for what they did. We have some great people in our communities!
We would welcome some additional global warming here at the Delaware beaches!
This is the Community Center at Holland Mills- behind five feet of snow bank.
This is Holland Mills after the second clearing (from the first storm)
Capstone Homes has seen a great number of first time homebuyers come into the Delaware new homes market since last year. The federal tax credit that is available, along with low prices and low interest rates, have made buying a home very smart in this market.
Capstone has seen first time homebuyers in Holland Mills, Cannery Village, Pemberton, and The Estates at Carriage Springs in the last few months. If you are thinking of buying a new home at the Delaware Beaches- take a look at this article HERE. It has some good things to think about before you look to purchase a new Capstone Home.
Capstone Homes has reduced its pricing on most of the new Delaware Beach Homes in Holland Mills.
Capstone Now Has Homesites of the Month from $189,900
Capstone Homes Madison Plan- Holland Mills, Milton, Delaware
Capstone Now has the Jackson Floor plan- Homesite of the Month from $199,900
Capstone Homes Jackson Plan- Holland Mills, Milton, Delaware
The Greenville is now $219,900
Capstone Homes Greenville Plan- Holland Mills, Milton, Delaware
The Hunter is now $224,900
Capstone Homes Hunter Plan- Holland Mills, Milton, Delaware
The Taylor is now $229,900
Capstone Homes Taylor Plan- Holland Mills, Milton, Delaware
The Dakota is now $239,900
Capstone Homes Dakota Plan- Holland Mills, Milton, Delaware
The Autumn is now $249,900
Capstone Homes Autumn Plan- Holland Mills, Milton, Delaware
Available now- Capstone Homes has the best value in Delaware New Homes at the Delaware Beaches! Don’t wait- with tax credits, low interest rates and great value from Capstone Homes- now is the time to buy a new Capstone Home!
Renderings are for illustrative purposes only.
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