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.

Welcome home to this?  Take a look:

This Could Be Yours- If You Buy Today! (Yikes?)

Homebuilders like Capstone Homes always want to talk about the homes we build.  Luxury, Green Building, blah, blah, blah… And in today’s challenging market, it makes sense that a builder focus on what makes their product superior to others in the market.  At Capstone Homes, we have a lot to talk about when it comes to quality and value.  We believe in our homes, and we think they are some of the best built homes for the money that you will be able to find anywhere.

At the same time, if you are looking at buying a new Delaware beach home, then the location needs to be considered as well.  The community in which you choose to build your new home is equally important as the home you select.  Capstone is one of a number of builders that features communities in the Milton, Delaware area, but Capstone argues that not all new home sales communities near Milton are created equally.

The above photo is a community that is located near Capstone‘s Holland Mills.  This community has been built since mid-2008, and there is one of Capstone‘s competitors who is marketing homes in the community.  The photo above is the entrance- what you see when you drive in the main entrance.  There is nothing.  Many builders will tell you that these entrances (and other community amenities) will be built, but how do you really know?  The state of the community in which you choose to build is very important.  If something is promised, then you want written assurances that what is promised will be installed.  More than likely, that assurance needs to be from the developer, who is not necessarily the builder.

Here is a photo of the location of the clubhouse of that same community:

I'm sure it's coming soon.

Capstone implores everyone to ask lots of questions when purchasing in a community where the amenities are not completed.  Above is a photo of a community where you could buy today.  The price may be great- but does that mean it’s a good value?  Value is also about lifestyle- people come to Sussex County, Delaware for low-tax, coastal retirement living.  The photos above aren’t in any of my dreams… what about yours?

In contrast- here is Capstone‘s new home community Holland Mills.  This community is also under construction, so there are some areas that need attention.  The entrance and the community clubhouse, however, are built.  Regardless of the future of Holland Mills or Capstone Homes- Holland Mills‘ promises have been delivered and fulfilled.  What’s the value in that?  Still think it’s just about price?

The Entrance to Holland Mills is largely complete.

The entrance to Holland Mills is still a little rough around the edges, but I think it looks a lot better than the first community shown in the photos.

Here is the Holland Mills clubhouse photo from the entrance:

It's done- finished, installed. Come and see!

Holland Mills doesn’t have a pool on paper.  Holland Mills has one in the ground.  Think about the community when you purchase a new home- where your home is can be just as important as what your home is.

This December is a perfect opportunity to select and build your dream Delaware Beach Home with Capstone Homes.

The incentives for December 2009 in Holland Mills, Pemberton, Cannery Village, and Estates at Carriage Springs are all about luxury.  Treat yourself to great luxury upgrades from Capstone Homes.

Capstone is proud to offer your choice in any cabinetry, our group “A” granite, and $3,000 worth of flooring to make your kitchen a luxury location.  This could be worth almost $10,000 in upgrades to make your new Capstone home a true dream Delaware Beach home.

Imagine a new home in Holland Mills with a luxury kitchen and a price under $200,000.

Treat yourself, you’ve earned it.  Relax in the luxury of your new Delaware Beach Homes by Capstone Homes.

At Capstone Homes, this blog has argued that Delaware Beach Homes are a great value for people looking to purchase a new home, a retirement home, or a second home at the Delaware Beaches.

I will continue to drive home the notion that there is no National Real Estate Market.

Let’s take a national headline- something like the fact that Foreclosures are rising nationally…  Now. allow Capstone Homes to localize that news story:

Delaware Foreclosure Rate in June 2009: .088%

Delaware Foreclosure Rate in September 2009: .055%

It’s lower folks.  This is from a great interactive map on CNN.

According to Realtytrac, the foreclosure rate in Delaware in October 2009 is 1 in 885 homes.  In Nevada, the rate is 1 in 79 homes.  California is 1 in 155.  Florida is 1 in 167.  Arizona is 1 in 199.

I’m no math wiz, but the Delaware numbers are much better than other areas of the nation.  When you compile those statistics into national numbers, it makes the Delaware Real Estate market look worse than it is.

I’m not saying the market is great or even good- but I am saying that this is a historic opportunity to purchase a new home in a Capstone Homes community like Cannery Village, Holland Mills, Pemberton, or Estates at Carriage Springs.

The last few weeks at Capstone have brought a great many people who are looking to retire to the Delaware Beaches.

The Delaware beaches are a great place to retire because of the coastal lifestyle and the low tax living.  Retirement in Delaware usually means that a major city (such as Washington DC or Philadelphia) is no more than a few hours away by car.

The cost savings of a Delaware retirement and the location make the Delaware beaches a great place for retirement relocation for people who currently live in high-tax northeastern states.

I often joke that the entire state of New Jersey is moving to the Delaware beaches.  Note:  We have beaches- it’s not the Delaware shore.  Thanks.

Anyway, these folks want to come in and have a serious conversation about what it would cost to purchase a new Capstone Home.  We have lots of folks who are looking at new homes in the Milton, Delaware area, and Capstone homes has many Energy Star rated models from which to choose.

The catch is timing- and most of the people to whom we speak are not realistic about their timing.

If you come to the beach to look at a house, there is a good chance that you will need to sell your house before you can move here.  In today’s market- if you have a house to sell, you are probably a year away from being able to purchase something else.  It really does take that long to sell your current house.

If you come to the Capstone Homes Sales Center, we are happy to give you all kinds of info about Holland Mills, Pemberton, Cannery Village, and the Estates at Carriage Spring, but a lot of that information is going to change before you are ready to purchase your Capstone Home.

At Capstone, we just want you to be realistic- some people come here and get very excited about a new home.  The catch is that the current home is going to have to be sold first.  Move to Delaware- and purchase a Capstone homes in Holland Mills or Cannery Village- but get your current house on the market.  It will take your current home more time to sell than it will take for us to build your Capstone Home.

Capstone homes is one of the larger local builders at the Delaware Beaches.  Capstone builds homes for local people who are looking for new homes in the Lewes, Rehoboth Beach, Milton areas, and we are very busy building new homes for our customers.

One of the advantages that Capstone has over some of the national builders who build new homes in Delaware is that Capstone Homes is able to customize the plans to suit the specific tastes of our clients.  When you come to purchase a new home from Capstone Homes and you would like custom features built into the home, you don’t have to talk to a number of “managers” who need to draw and approve your new home at the Delaware Beaches.

Capstone builds new homes in the Milton, Lewes, Rehoboth Beach area in great enough volume to give great value in our homes because of volume pricing, but most Capstone purchasers also get to work with one or two of the company owners throughout the process of building a new home.

The pictures below are of a Hunter model home that Capstone just completed in Holland Mills.  Hollland Mills is currently one of the best selling new home communities at the Delaware Beaches.  The photo shows the kitchen, and someone who compares this photo with our standard floorplan will notice that there is a bay window in this photo.  There is no bay window in our floorplan.  The Capstone Homes client came to us with this vision, and this Capstone Homes client is now living that vision in Holland Mills.  That’s the level of service Capstone delivers in new homes in Delaware.  This home is also Energy Star rated with a geothermal heating and air system.  The price of the home was less than $235,000.  That’s quality and value- that’s Capstone homes in Delaware.

Capstone Homes' Hunter model- with custom bay window

A Hunter by Capstone Homes in Holland Mills

Is the Real Estate Market Bubble done deflating?

This question is loaded- for those who read this blog, you will know that the national real estate market is something that exists solely in the world of the media.

The Real Estate Market is generally local- extremely local.  Capstone Homes is selling new homes in Cannery Village.  There is another builder who is building homes in a community called Heritage Creek.  You could throw a rock from Cannery Village to Heritage Creek.  There are over 120 homes in Cannery Village.  There are about six in Heritage Creek.  Both of these communities are located in the town limits of Milton, DE.  They sell at different rates- and there are many reasons for this- price point being one.

The bottom line is that no one really knows when the real estate market is going to swing back to something besides a huge buyer’s market.  If you come to the Capstone Homes sales center now and look at new homes for Milton’s best communities- Cannery Village, Holland Mills, Pemberton, Estates at Carriage Springs, you will find some of the best values available anywhere.  Capstone Homes is the seller- and right now the buyer has all the leverage.

Most of the leverage a buyer holds on a Capstone Home is already baked into the price of a new home in Cannery Village, Holland Mills, Pemberton or The Estates at Carriage Springs.  Prices are very low, and that makes a Capstone Home in Cannery Village, Holland Mills, Pemberton or Estates at Carriage Springs a very good value right now.  We at Capstone think it’s the best value that you will be able to find.

When I try to get a handle on what is happening with the real estate market, I try to look for raw data in the “sending” markets.  The Delaware Beaches are a “Destination” market- our new homes in Milton and Lewes are purchased by people who currently own a home in a major northeastern metropolitan area.  Since the mortgage world has changed, these new Capstone buyers will have to sell their homes before they can purchase a Capstone Home.

So, if I want to get a handle on what is going to happen with Capstone Homes’ new homes at the Delaware beaches, then I have to see what is happening in the markets in areas like DC, Baltimore, Philadelphia, New Jersey, and New York.  Folks are leaving these places for the value of a new Capstone home at the Delaware beaches.

Here’s something that is interesting about the DC market- inventory is down from 2008 levels.  The way people talk about the real estate market can be very complicated because pundits speak of two variables in one term: months of inventory.  Months of inventory depends on both the number of homes for sale and the number of sales.  Since 2006, real estate inventory (almost everywhere in the nation) has been rising, while the pace of sales has been slowing.

For new home sales, new home inventories are at all-time lows, but new home sales are at all-time lows.  There are something like 350,000 new homes built and ready for sale in the US.  That sounds huge, but there are about 65,000,000 single-family homes in the US.  Sales are at an annual pace of about 365,000.  The historical average is about 1,000,000.  So, according to the media- there is a one-year supply of new homes built by companies like Capstone Homes.  That makes for almost one-year of supply at the current levels.  If demand for new homes were to return to normal (which is well below bubble sales rates)- there would be about 90 days worth of inventory.  When that happens, there will be no deals like the Capstone $8,000 stimulus, for inventories below a six month supply means that it has become a seller’s market.

Here is a link to a “real estate bubble blog” that tracks Northern Virginia Real Estate Inventories.  It shows you that inventories are way down from where they were.  That’s a good thing (for the seller), but demand isn’t back in the market yet.  Demand can return to the market much faster than inventory can be reduced.  When that happens, you will see this buyer’s market balance out very quickly.  As a seller of Capstone Homes, I can’t wait for the buyer’s market to turn.  As a buyer of a new Capstone home in Holland Mills, Cannery Village, Pemberton or the Estates at Carriage Springs, you want to come and see Capstone while it’s still a buyer’s market.

This is a great time to buy.  Don’t say I didn’t tell you.

Capstone Homes is proud to offer a stimulus plan for all new home buyers!

From now until September 30th, Capstone Homes is offering $8,000 in incentive to all new home buyers!  You do not need to be a first time homebuyer to participate in this Capstone incentive program.

This program applies to all Capstone Homes in all Capstone communities for contracts signed before Sept. 30th, 2009.  It also applies to Capstone’s quick delivery homes, which can be seen here.  Capstone is building homes in Cannery Village, Holland Mills, Estates at Carriage Springs, and Pemberton.

For more information, please visit our special promotional website- www.capstone8k.com

Keep in mind- if you are a first time homebuyer, this doubles the incentive that is provided by the Federal Government.  It’s not too late for a first time homebuyer to select a quick delivery Capstone Home and settle before the Nov. 30th deadline.  We have quick delivery homes available in Cannery Village and Holland Mills.

Come and see the Capstone Homes value in Holland Mills, Cannery Village, Pemberton, and Estates at Carriage Springs.

Capstone Homes is proud to launch its YouTube Channel.  Capstone is going to place a growing number of informative videos about a variety of different topics.  Visit the channel now to see a video about the Capstone Homes sales center, as well as new information about Capstone Homes’ models.  The Hunter, Madison, Greenville, and Taylor Models are all displayed on the Capstone channel.

These homes are available in Cannery Village, Pemberton, The Estates at Carriage Springs, and Holland Mills.

To visit the Capstone Homes Channel on You Tube, click here.

Look for many new updates coming soon from Capstone Homes of Delaware!!!

As I’m sure I have said over and over- Capstone Homes is all about value.  Capstone is committed to providing our clients with the best value in a new home at the Delaware beaches.  Capstone is driven by the desire to make every one of our clients completely satisfied.

One issue that many people don’t want to discuss when looking at a new home is what becomes of that new home when its residents get older.  At Capstone homes, we sell homes to people who are retiring (or close to retiring) in the Lewes, Milton, Rehoboth Beach area.  People looking for a new home in the Lewes, Rehoboth Beach, Milton area, need to think about older parents (or getting older themselves) when it comes to purchasing a new home.  At Capstone Homes, if you are thinking about purchasing a new home at Holland Mills or Cannery Village, Capstone has already designed some features into the home that can help in the future.  Capstone is also able to help now if necessary.

First- A zero cost option is to have a ramp built from the garage to the inside of the home.  This can provide a zero step entry if necessary.

Second- All Capstone homes are built with interior walls that are 16″ On Center- which means that there is plenty of lumber in any interior wall to attach railing or grab bars.  Many builders in our price range only use 24″ On Center interior walls.

Third- We design most Capstone Homes models to have 36″ wide openings to the Owner’s Suite.  If someone is in a wheelchair or has a walker, they will be able to get through the door.

These are little things that add value to a Capstone Home in Holland Mills, Cannery Village, Pemberton, or The Estates at Carriage Springs.  Capstone is committed to being a value leader.

Visit the Capstone Sales Center on Youtube!