Pinterest- A designer’s new best friend (and addiction!)

Thursday, May 10, 2012 by Laura Bendik

 

One rainy Sunday afternoon this winter turned out to be the the day I found the best new design tool around, Pinterest.  As an interior  designer, I am always keeping my eye out for things that will inspire ideas for my next model home project.  In the past, I relied on magazines and design books.  I would also see great ideas while surfing the internet, but unless at a desktop with a printer, the opportunity to catalog it was lost. 

Pinterest is the answer to keeping a virtual record of all those great ideas, ready at a moments notice to be pulled to the forefront and used in a design project, like the new Winchester Homes model at Preserve at Rock Creek.  A preview of some of the Preserve at Rock Creek "pinspirations" are below. 

Take a trip out to the model at Rock Creek in Montgomery County  and  see if you can find the other things in the model that were inspired by Pinterest.  I hope you have a great time touring the model!

Check out Pinterest if you haven’t already.  It is a wonderful tool to organize ideas about your personal interests...be careful it can be very addicting!

Enjoy!
Laura Bendik

To view pictures of The Preserve at Rock Creek Model Home, click here

To view my Rock Creek board here:  http://pinterest.com/laura_bendik/rock-creek/

 

I loved this idea of making textured artwork with buttons

I created two of these pictures and used them as artwork in the guest room

  

I also needed some small pictures over the bed in the guest rm and thought the vintage feeling of these pictures were just perfect.

I wanted to use birds so I took the idea of the newsprint backing and added the birds and branches.  I also added some buttons in the corners to make them coordinate with the button tree pictures.

Every home needs a growth chart to tell the story of family that is living there. This oversized one is perfect with the vintage feeling of the house.

I created one using a 1x8 board and vinyl numbers that I bought from Home Depot.  If fits perfectly on the wall between the kitchen and sunroom of the model.  Centrally located it is sure to get lots of use…

This vintage wagon is wonderfully repurposed to hold children’s books.  What a fun way to store them and encourage reading.

I found this wagon on ebay and filled it with books.  It found a perfect home next to the comfy sectional in the sunroom, a great place to grab a book and read while relaxing in the sunshine.  The added bonus was the painted names on the side of the wagon, telling the story of its past life as a beloved toy.

This vintage tiered tray is great for storage and also looks interesting.

Not only is it great in a kitchen, but in the family room it makes a great statement on the cocktail table and coralls decorative and practical objects.

This is a great way to display photos and makes changing out the items easy. 

It is also can be a fun way to keep small notes and things organized next to the planning desk in the kitchen.

 

Centennial Collection by Camberley Homes chosen to be part of the NAHB Research Center’s “Building America” Industry Partnership

Tuesday, May 31, 2011 by Ed Prugh

The Centennial Collection by Camberley Homes will be one of the first new luxury homes in the Washington DC metro to be part of the Building America Program. This Building America program is sponsored by the U.S. Department of Energy. The National Association of Home Building Research Center leads the Building America Industry team that is made-up of Cenergy consultant, Builders, manufacturers, trade associations and other partners. One major goal of the Building America program is to achieve a new home that has a net-zero annual energy use. Developing cost-effective solutions for energy-efficient new homes must rely on all the partners working together. 

One of the unique features the Centennial Collection will offer is an EnergySmart Home Scale℠ (E-Scale). Use the E-Scale Interactive tool to compare estimated costs and energy savings of your new home. 

 

eA 70 on the E-Scale indicates that a home is approximately 30% more energy efficient than a typical new home built to code. A 60 on the E-Scale would be 40% more energy efficient. The ultimate goal of the Building America program is to get to 0 – a Net-Zero Energy Home.

 

 

The goal is to have every home in the Centennial Collection by Camberley Homes to have an E-Scale rating of 53 or lower so you know you are getting one of the most energy efficient new homes built in the Washington DC metro area today. These new homes are designed, engineered and built from the ground up with energy efficiency features baked right into them so they are part of every home. Careful planning and design goes into each new home so it exceeds the most current energy efficient criteria.

Learn more about the Centennial Collection by Camberley Homes and all the high performance energy efficient features that are part of energy new home at the GRAND OPENING event on Saturday and Sunday, June 4 and 5 at the Poplar Run Community in Silver Spring, Maryland.

Stoney Springs resident and her family recommend Winchester Homes

Monday, May 23, 2011 by Ed Prugh

BMThe Stoney Springs community in Poolesville, Maryland gives residents the best of both worlds. They can have a relaxed lifestyle with green space and a-small-town-feel yet still have all the conveniences of living in Montgomery County with access to work, shopping and entertainment. Carol Eppard and her family have been Winchester Homes’ fans for years. “This is our second Winchester Home we have purchased and it is just amazing. We love it!” she said. “We worked with Ross Wilhelm, the sales manager for Stoney Springs, to design the home we needed for our family. The Winchester Homes “Your Home. Your Way.™” customized design process let us build a unique home just for us. We were one of the first homeowners to buy in this new community. Ross was so helpful. We happen to purchase the same homestyle as Ross and since there was no model yet. He took us to his home and showed us his layout to give us a good sense what options could be available. We would recommend Winchester Homes to our friends and definitely tell people to stop by the community and speak with Ross. Our entire experience was fantastic!” said Eppard

Kitchen
Belmont model kitchen
LR
Belmont model kitchen Belmont model living room

The Stoney Springs community located in upper Montgomery County in Poolesville just south of Fisher Avenue and west of West Willard Road. The community features 98 single family homes situated on ½ acre homesites. Education is a key part of every community. Poolesville Elementary, John Poole Middle School and Poolesville High School are all very close by. PHS is the only whole school magnet school in Montgomery County. The magnet school focuses on four sections: 1.) Global House, 2.) Humanities House, 3.) Independent Studies Program and 4.) Science, Math, Computer Science House.

Centennial Collection by Camberley Homes Makes Energy Savings Easy with the Owens Corning EnergyComplete™ Insulation System

Thursday, May 5, 2011 by Ed Prugh

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The Centennial Collection by Camberley Homes is one of the HOTTEST new energy saving homes in the metro DC area today. The Centennial Collection takes comfort and energy savings to the next level with state-of-the-art technology designed from the ground up in a luxury home. 

oOne of the features designed into every Centennial Collection home is the Owens Corning EnergyComplete whole home insulation and air sealing system. This new high performance insulation system gives you immediate results by making your home more comfortable and providing savings on your energy bills from day one. The total home insulation and air sealing solution creates consistent room-to-room temperatures throughout the entire home. It can reduce drafts and protect from unwanted allergens, pollen, mold and pests. In addition, the system also reduces outside noise penetration by up to 40%. 

Some of the advantages you experience in the new Centennialcc Collection are comfort, energy efficiency and an overall healthier home. Energy savings could add-up quickly on heating and cooling bills. This can help reduce the costs of owning your home. Saving energy and money is something everyone wants today. Each of the new Centennial Collection homes are designed from the very beginning with energy savings as part of the core plan in every home.

Join us Saturday and Sunday, June 4 and 5 at the Poplar Run community in Silver Spring for the Grand Opening of the Centennial Collection by Camberley Homes.

 

 

Allen Rector, Director of Active Adult, to Speak at the 8th Annual ICAA Strategy Session

Wednesday, April 27, 2011 by Ed Prugh

Allen Rector, Director of Active Adult for Winchester Homes, will be a part of an industry-expert working group at the 8th Annual International Council on Active Aging strategy session on May 10, 2011. The strategy sessions will be held at the Hyatt Regency Bethesda located at One Metro Center, Bethesda, Maryland. There will be a main session from 8:00 a.m. to 3:30 p.m. and then an informal networking session from 4:00 p.m. to 6:00 p.m.

ARAllen will be presenting innovative ways to “Rebrand senior living and frame the new model of housing for active adults.” He will discuss strategies and layout a roadmap that will help an organization develop a solid strategic plan to be successful in the active adult market.    

Attendees at the conference work with older adults and help to shape senior housing and retirement communities. The Baby Boomer generation will have a powerful impact on the next generation of housing. Some of the agenda topics of the conference will include:

·         How Baby Boomers will impact the housing industry

·         Constructing the housing industry’s new brand identity

·         Business models that eliminate ageism

·         Marketing priorities and messages

Allen is CAASH certified through the NAHB and serves on the leadership committee for the Maryland National Capital Area 50+ Council. Since 2006, he has been focused on product development, land acquisition and brand management for Winchester Homes Artistry Collection. Before joining Winchester Homes, he was the Vice President of Construction for a national Active Adult homebuilding company.  

For more information on the ICAA Strategy Session, visit http://www.icaa.cc/.

 

 

Stratshire Crossing Single-Family Homes include $20,000 in New Options

Friday, March 25, 2011 by Ed Prugh

Stratshire Crossing Single-Family Homes are almost “Sold Out”. There are only 7 single-family homes remaining in the beautiful community in Aldie, Virginia, one of Loudoun County’s most desirable areas. Winchester offers 11 extraordinary homestyles for home buyers to choose from and all of them include the exclusive Winchester Homes Your Home. Your Way.™ customized design process. The Your Home. Your Way™ design process let’s buyers work with a team of designers to make the vision of their new home come to life. This design process goes beyond just moving a wall or upgrading features. It involves designing a new home to fit the lifestyle you have today and the features you may need tomorrow.

In addition to beautiful architecture and outstanding designs, there is a very special Garrett homestyle ready for immediate delivery today. The Garrett 02GA94 at Stratshire Crossing gives you over 3,500 square feet of living space along with 4 bedrooms and 3 ½ baths. You can see this amazing home from 11:00 a.m. to 6:00 p.m. daily.

The Stratshire Crossing community features many great amenities and recreational opportunities including three swimming pools, tot lots, basketball courts, tennis courts, fenced dog run, trails and play fields. Conservation and tree save areas can be found throughout the neighborhood. See the complete Dulles Farms Community Association map here. Single Family Homes in the community are priced from $458,900.       

 Buy a single family home at Stratshire Crossing before April 30th and Winchester Homes will include $20,000 in options and $8,000 towards closing costs.

 Garrett





















The Garrett Homestyle available at Stratshire Crossing

The Stratshire Crossing community is located at 25185 Great Berkhamsted Dr., Aldie, VA 20105. From I-495 take I-66 West to 50 West. Travel approximately 10 miles and make a left on Loudoun County Parkway. Then turn right on Braddock Road. Turn right onto Great Berkhamsted Drive. The sales center/model on the left.

Give Wendy Anderson a call 703-327-5326 or email Wendy.Anderson@WinchesterHomes.com to learn how to get one of the last single-family homes at Stratshire Crossing.

 


Hurry! Final 3 homes at the Reserve at Stone Hill in Fairfax County

Wednesday, March 23, 2011 by Ed Prugh



The Reserve at Stone Hill community is almost sold out. There are only 3 homes left. The Camberley Homes community located in the
heart of Fairfax County is a huge success. It’s located close to Reston, Herndon and Fairfax. The Oakton School pyramid is one of the logofinest in Fairfax County. 
Dulles International Airport is just minutes away. The community is located on West Ox Road, close to major commuter routes like the Dulles Toll Road, Fairfax County Parkway and Reston Parkway. Great shopping at the Reston Town Center, Fairfax Corner, Fair Oaks Mall and Tyson’s Corner Center is convenient by multiple routes. 

The Avington at the Reserve at Stone Hill
The Avington at the Reserve at Stone Hill

There is a very special home ready for immediate delivery. The Avington at the Reserve at Stone Hill is ready for move-in today. This new luxury home offers more than 4,000 square feet including 5 bedrooms, 4.5 baths, a 3-car front load garage along with a gourmet kitchen that has granite countertops and Kitchen Aid Stainless Steel Appliances. Outside, a 12 ft. by 22 ft. deck lets you entertain outdoors and flows perfectly back inside into the living space. This home is priced at $1,084,494. Stop by the sales center at the Reserve at Stone Hill and talk with Jane.Slusser@CamberleyHomes.com
 about how you can be part of this community before all the homes are gone.


Winchester Homes Designs new Shadwell Homestyle to fit Vision of the Cameron Family’s New Home

Thursday, March 10, 2011 by Ed Prugh

Jack and Eve Cameron decided to make a visit to the Winchester Homes community, Shenandoah at Lake Frederick in Winchester, Virginia and just fell in love with the area. They liked to feel of the community and all the exciting activities that surrounded the active adult community. “I never thought I wanted to be in an active adult community until I met the people here” said Jack Cameron, Winchester Homes’ Artistry Collection homeowner. “We have children and grandchildren in the Northern Virginia area and I still do some work for my company so this place just worked for us” he added. 

The Shadwell at Shenandoah at Lake Frederick

The Cameron’s had a vision of what they wanted in their next home. They were looking to retire and begin the next stage in their life that involved smiles, fun and grandchildren, not miles of beltway and traffic. They move from the Woodbridge, Virginia area where they had a home for many years. The Cameron’s decided they liked the Shadwell floor plan, part of the Artistry Collection. As they began working with the Winchester Homes team, so many new design ideas started to come. Jack and Eve sat down with the Your Home. Your Way™ team at Winchester to begin making their new home vision come to life. The first thing they wanted to do was move the kitchen and the main staircase. Working with our design staff, they decided to flip the location of the stairs and the kitchen giving the kitchen space more open access to the family area as well as opening it up to the beautiful view of Lake Frederick just outside their windows. This wasn't just moving walls. There were multiple levels to take into consideration as to how it would all flow. This change opened up the lower level of the house and added another guest room. Making this change also added more space to the great room on the upper level. The Shadwell floor plan design was originally created as a single-level living homestyle. Through the Your Home. Your Way™ customized design process the Cameron’s were able to open up their living space and also give them more closet space. “We are so pleased with how our new home turned out. Winchester never said no to our vision, they said, let’s see how we can make this happen”, said Eve Cameron. The changes in the design of our Shadwell opened up the space so much on the upper level of the house that our grandchildren have their very own sleeping area. They think it’s like camping when they come here.” She added.

“We would recommend working with Winchester Homes to any of our friends. They stopped at nothing to make sure we could complete our vision and build the new home we wanted to design”, said Jack Cameron.    

Camberley Homes in the Pink!

Friday, March 4, 2011 by Cynthia Herberg
Camberley Homes Centennial Collection Owen's Corning Energy Complete System InstallationCamberley Homes is known in the home building biz for it's innovative approach to homebuilding, but what's the deal with the pink spray all over the walls?  Not a decorator's option this time!  The pink actually represents  a huge design and construction initiative by the Camberley Homes Centennial Collection design team to ensure that these houses are high performers energy-wise and comfort wise.  Ever heard of the Owen's Corning Energy Complete System?  If you haven't, you need to add this bit of research to your night time read.  Could save you 30% on your energy bills when you pick your new Centennial Collection Camberley home at Poplar Run.  Stay tuned. 

Poplar Run Decorating Rivals HGTV!

Friday, March 4, 2011 by Cynthia Herberg
lower level family room in Oxford II model

Fight the urge to live and breathe by the HGTV diva decorating shows...get off the couch and head over the to the lower level of the Oxford II model at Poplar Run in Silver Spring, MD.  Take a look at this rec room and tell me that your family wouldn't virtually live down here.  Our amazing interior designers at Model Home Interiors hit this one out of the park.  The rest of this model home is just as amazing...check out the sitting area in the owner's suite. Then, walk over to the Poplar Run Danfield model next door....not going to give you a sneak peek of that  house...you need to earn it! (but it's equally cool!)

Residents explore "History For Fun" in Shenandoah at Lake Frederick

Tuesday, March 1, 2011 by Ed Prugh


Written by Tim Donovan, Shenandoah at Lake Frederick resident  

             What does that mean? For Fun? When we started this group at Lakeside- Shenandoah almost three years ago, we wanted to learn more about the rich history that is all around us here in the Shenandoah Valley. What we didn’t want was another history class full of dates and things that happened elsewhere and was boring. What we wanted was a chance to learn about what happened exactly where we live, who was involved, why they were there, how and where they lived, and why the events and people were so important to the Shenandoah Valley, and America.

We wanted it to be fun, so there wouldn’t be any reading assignments, no research topics, no tests or quizzes, or a final exam. We know what the topic is ahead of time, so we can come or not; our choice. Our topics vary widely from how the Valley was formed by glacial movements and not volcanic activity, how the Native people lived and where, and their legend about how the spirits gave it the name Shenandoah and what it means. We talk about a 16 year old, who came here to the frontier to learn surveying, and learned military leadership and war fighting also, and became the Father of His country, George Washington. Of course, we learn about the Civil War, but here in Shenandoah, we point to a house across Lake Frederick and say, “that is where Major General Stonewall Jackson and his staff had breakfast at Dr. Mason’s house on the morning of May 23, 1862 during his Valley Campaign”. 

These are the reasons why, at Shenandoah, we call it History For Fun. Come join in the “Fun” the third Tuesday of the month at 7:00 PM in the Welcome Center.  You must be a Shenandoah resident or guest of a resident to experience "History for Fun".

Wine anyone?

Monday, February 28, 2011 by Cynthia Herberg
We would wager that this amazing wine cellar, custom built by Winchester Homes' Your Home. Your Way. design team, has to be the coolest keeper this side of the Napa Valley!  Our clients wanted to add an easy access wine room to their Randall II floorplan, and with the help of Winchester Home's innovative designers, their dream became a reality.  Why would you settle for a portable wine refrigerator when Winchester Homes can make a one-of-a-kind permanent addition to your home?

Look for pictures from the rest of this amazing Maryland residence in the near future. In the meantime start thinking about your dream room/house.  Are you going to buy an "off the shelf" experience from someone else or will you let Winchester Homes build it the way you REALLY want to live?

custom Winchester Homes wine cellar

Poolesville High School Magnet Program right around the corner from Stoney Springs

Monday, February 14, 2011 by Ed Prugh

BelmontThe Stoney Springs community provides the opportunity to have a new single family home in the charming town of Poolesville, Maryland. The community has 98 half-acre home sites with plenty of amenities for almost everyone. There are two recreation fields, a picnic area, tot lots for the kids and new fitness trails with 12 fitness stations. This upper Montgomery County community is near Routes 15, 28 and Interstate 270.  Every home at Stoney Springs comes with the exclusive "Your Homes. Your Way" customized design process that lets each home be as unique as the buyers lifestyle. 

Strong education is one of the key features the Poolesville High School Magnet Program provides to students in the county and community. The Stoney Springs community is located less than one mile from the high school. The Poolesville high school is part of the Montgomery County Public School System’s magnet school program. Montgomery County Public schools have a twenty-year track record of developing nationally recognized programs for highly motivated and capable students. The Poolesville high school magnet is organized around instructional “houses” made up of small teams of teachers from multiple disciplines focused on a proven magnet course of studies. The whole school model engages and challenges students selected through an application process, as well as local school students interested in a magnet focus area. There are four key magnet focus areas: 1.) Global House, 2.) Humanities House, 3.) Independent Studies Program and 4.) Science, Math, Computer Science House. The magnet school is one of the elite educational programs in Montgomery County and the state of Maryland. 





Teaching the Trades

Friday, January 28, 2011 by Alan Shapiro

Teaching the trades

Winchester Homes builds on a constructive alliance


When Winchester Homes senior management team members learned last year about the Construction Trades Foundation in Montgomery County, Md., you might say they homed right in on it. The SMT meets annually to search for meaningful ways their business can contribute to the local community. They'd heard of a program for student-built housing that was supported by a local nonprofit and decided to investigate.

Diane O'Connell is Winchester's vice president of accounting and administration and sponsor of the D.C.-area homebuilder's Annual Charitable Acts program. Hoping for a good matchup, O'Connell learned more about the CTF, a cooperative organization that works with schools and businesses in Montgomery County to educate high school students interested in the building trades.

Students involved in the program divide their time between traditional school and CTF. At the latter, they get hands-on experience and training. As part of their education, they also design and build a house. Winchester's SMT was impressed.

"With our 774-unit Poplar Run housing development opening in 2010, we've become a significant presence in the county," O'Connell says. "We wanted to focus our giving here. Happily, with CTF, we found a great fit that supports both the community and the industry by promoting residential construction as a career path for young people."

O'Connell contacted the nonprofit last March, setting off a year's worth of company support and volunteerism. Steve Nardella, senior vice president of operations for Winchester Homes and a co-sponsor of the program, now serves on the CTF board. Business managers have given presentations to the CTF faculty on energy efficiency, conducted safety inspections at the student-built house, and this spring will hold a class on resume writing and interviewing.

What about the kids?For the 155 students in the program, a highlight was a November field trip to the Poplar Run community arranged by Mike Schueler, director of production. The group was split into several smaller groups, and over a two-day period, each got a tour that allowed the students to view various phases of construction. The tours were organized by trade (masonry, carpentry, electricity, HVAC and plumbing), and each segment was led by a Winchester manager and a principal from a trade partner. At the give-and-take sessions, students were encouraged to ask questions while getting firsthand experience, says O'Connell.

"We received a lot of comments from the kids after the tour," she says. "They appreciated being able to see up close how everything works during the building of a home and how friendly and helpful everyone was.

"For us, working with CTF and hosting the tours was a great opportunity to expose young people to all aspects of the construction trade and show them career possibilities. The more we can educate and get students interested, the more the wood products and building industries will benefit, which is great for Weyerhaeuser."

The Construction Trades Foundation also received grant funds from the Weyerhaeuser Company Foundation.

Visit www.winchesterhomes.com to here more about Winchester Homes

New Earhart model design is perfect for the Active Adult lifestyle.

Tuesday, January 25, 2011 by Ed Prugh

This blog is Part 1 of 2 in a series on the Earhart homestyle

 Artistry

Winchester Homes unveils the new Earhart homestyle, part of the Inspiration Series in the Artistry Collection.  The Earhart is one of the most innovative new home designs created for the home buyer who is looking for a luxury single-level living homestyle. The exclusive Winchester Homes “Your Home. Your Way™.” design process lets you design your new home to fit the way you live. 

There are many different options for today’s single-level living homes.  It offers many unique options and ways to make the house a home. The Earhart design is simple with just over 1,500 square feet available. It has two bedrooms, two bathrooms and a two-car front-load garage. The front elevation of the house is classic and welcoming. 

Earhart


Earhart Floor Plan
 

We would like your input on this design and how you may use some of the space in the new Earhart homestyle. Tell us what you think? Would you make the kitchen bigger? Where would the space come from? Give us your ideas on how we could improve or change the design? 

DC Ranks as Hottest Job Market

Monday, January 24, 2011 by Alan Shapiro

DC Ranks as Hottest Job Market

 

If metro traffic congestion is any indicator, Monster.com’s list of hot job markets is right on target.

Washington, D.C., ranked No. 1 on the hottest market for job seekers list, confirming what we already suspect: There are jobs to jockey for in the area.

The rankings are based on job availability in relation to workforce. The higher a city falls on the list, the more job opportunities available.

Rounding out the top 5 are San Francisco, Calif., Boston, Mass., Baltimore, Md., and Seattle, Wash.

So what’s available? Monster ranked the hottest jobs with healthcare and IT coming in first.

“This is largely due to the economic recovery where communities across the nation are starting to spend more on things like IT infrastructure and other areas where they’d previously avoided spending on, for as long as possible,” said Jesse Harriott, senior vice president and chief knowledge officer for Monster Worldwide. “Meanwhile, healthcare has long been immune to the economic recession, especially given the skills shortage in that industry due to baby boomers’ retiring, taking those skills with them in the process.”

Generally, these positions enjoy an uptick in hiring across the board, but Monster’s findings indicated certain markets hire more heavily in specific fields. In Tampa, Fla., healthcare is the way to go. In the Washington area, IT is it.


 

Allen Rector, Director of Operations for Winchester Homes’ Active Adult division, to speak on “Trends in the Active Adult market” at the 2011 NAHB International Builders Show.

Tuesday, January 11, 2011 by Ed Prugh

Allen Rector, Director of Operations for the Winchester Homes Active Adult division – Artistry Collection, will be speaking at the 2011 NAHB International Builders Show in Orlando, Florida. The 2011 International Builders' Show showcases the home building industry's largest product display.   

Housing professionals from across the country and abroad will convene at the Orange County Convention Center in Orlando, Fla., Jan. 12-15, for the 2011 International Builders’ Show (IBS), the housing industry’s largest annual trade show and exhibition. The National Association of Home Builders (NAHB) event, held in one of the largest convention centers in the country, will feature the most cutting-edge designs, technologies, and products for all segments of the industry.

Allen Rector, Director of Active Adult, Winchester Homes                          Artistry


Allen is CAASH certified through the NAHB and serves on the leadership committee for the Maryland National Capital Area 50+ Council. 
Since 2006, he has been focused on product development, land acquisition and brand management for Winchester Homes Artistry Collection. Before joining Winchester Homes, he was the Vice President of Construction for a national Active Adult homebuilding company.  


Rent vs. Own Ration to Flip in 2011?

Thursday, January 6, 2011 by Alan Shapiro

Rent vs. own ratio to flip in 2011?


Many Americans are content to rent after witnessing the crumbling housing market in recent years. But with rents on the rise and home prices continuing to fall, a reversal is in sight.

Rent housingIt wasn't hard for many homeowners to bid adieu to 2010. It was the year where, in many metropolitan areas across the country, rents surged as home prices fell, leading a growing chorus of skeptics to question the so-called American Dream of homeownership.

Perhaps not surprisingly, it makes more financial sense to rent than buy today in many U.S. cities, according to the latest data from Moody's Analytics. After declining during the depths of the latest recession, prices for rentals nationwide increased modestly by about 3% in 2010, partly driven by a record number of homeowners looking for new digs after foreclosing on their homes. In Moody's latest list of rent ratios (which is the price of a typical home divided by the annual cost of renting that home) for 54 U.S. metropolitan areas, 39 fell into the 'better to rent' category -- roughly the same level it's been for the past year.

But that may finally be about to change. Moody's chief economist Mark Zandi expects the trend to reverse this year in many major cities. This would be a positive development, as a healthy housing market typically puts renting and owning at more equal footing.

"By mid 2011 and certainly by end of 2011, buying will be superior to renting in most parts of the country," Zandi says.

A few factors will be at play. For one, home prices are expected to fall further, with some economists expecting a 15% to 30% drop this year. This might be bad news for household finances and current homeowners fearing that their most prized asset stands to lose more in value. On the flip side, this makes homes more affordable and might finally spur more home sales, especially at a time when the rate of home construction has been the lowest since before the Second World War.

Just last week, the S&P/Case-Shiller index of property values reported a 0.8% fall in prices from October 2009 – the biggest year-over-year drop since December 2009. Eighteen of 20 cities showed a drop in prices in October. This was led by a 2.1% decrease in Atlanta, followed by a 1.8% drop in Chicago and Minneapolis. What's more, six markets, including Atlanta, Miami, Tampa and Portland, Ore., reached their lowest levels in October since prices started to retreat.

Indeed, the housing market continues to suffer from too much supply. Though rent prices are generally expected to continue rising modestly this year, the overhang will probably help keep prices from rising too much. "Expect more declines in home prices and more rent stability," Zandi says.

Still, the comparative costs between renting and buying will largely depend on individual market conditions. For instance, cities in Florida and Arizona, which continue to experience high foreclosure rates, falling home prices and widespread unemployment, will be areas where homeownership will likely be more affordable than renting, says Daisy Kong at Trulia, a San Francisco-based real estate data provider. Meanwhile, renting will probably continue to make more financial sense in national and regional job centers such as New York, Omaha and Seattle, she says.

And while it could become more attractive to buy than rent this year, it's anyone's guess how long it could take before a flurry of home sales transpires. Household finances have improved only modestly and are still quite a mess. Also, lending standards for new mortgages have tightened considerably and many economists have said a housing rebound will likely fall mercy to the unemployment rate, which is expected to improve some but still hover over 9%.

Will the American Dream return to your town?

Our "Your Home. Your Way" designers can help you fulfill your American Dreams. Visit www.winchesterhomes.com

The Single-Story House Makes a Comeback

Wednesday, December 22, 2010 by Alan Shapiro
Williamsport

The Single-Story House Makes a Comeback

By MARCELLE S. FISCHLER

ELLIE SALMAGGI, a medical secretary, reared four children in a two-story Dutch colonial in Water Mill. And when the four, now ages 29 to 37, had all flown the coop, Ms. Salmaggi wanted to downsize.

Older friends advised her to do herself a favor and avoid a place with stairs, and she concurred. She could see what a chore it was for her parents, now in their late 80s, to climb the stairs when they came from New Hyde Park for overnight visits.

When her youngest daughter, Denise D’Angelo, took her to see two model homes in a new subdivision on the North Fork called the Woods @ Aquebogue, Ms. Salmaggi loved the 1,850-square-foot three-bedroom ranch-style house. (Ms. D’Angelo, a teacher, opted for a 2,600-square-foot two-story model across the street in the seven-home subdivision.)

“As soon as I saw it I fell in love with it,” Ms. Salmaggi said of the ranch model. “I wanted something new and classy.”

She paid $444,000 for the construction of her single-story home, which has a cathedral ceiling in the living room and an acre of heavily wooded property.

As the population ages, builders, developers and brokers across the Island say they are noting an increase in requests for single-story homes, which have become harder to find as midcentury ranches, their looks no longer trendy, became teardowns over the years. Younger buyers, too, are finding themselves attracted by features like master bedrooms on the ground floor.

Pleased to be in a home that has the accessibility she may eventually need, Ms. Salmaggi, who arrived in July, also described the ranch as “easy to keep” and clean, adding, “It’s all I need right now.”

She has a roomy eat-in kitchen, three bedrooms and two full baths; the house is “perfect for entertaining,” she said, pointing out that the guest quarters are far from the master bedroom.

Jack Campo, a founder of Campo Brothers, a builder in Port Jefferson, said two of the seven homes at the Woods @ Aquebogue were ranches. The Meadows at Baiting Hollow, his 35-home subdivision, sold out in November. He built two ranch models there, and at least five buyers chose among one-story designs at three price levels: $399,990 for 1,850 square feet; $425,000 for 2,100 square feet; and $550,000 for 2,650 square feet.

“They are more popular now than they had been,” Mr. Campo said, while also explaining that because of the larger foundation and roof involved, such homes are more expensive to build than two-story residences. An 1,850-square-foot ranch, for example, cost the same to build as a 2,400-square-foot two-story colonial. “When you spread it out, everything costs more money.”

Twenty-five years ago, he recalled, 30 to 35 percent of the homes his company built were ranches. As colonials surged in popularity, “we got away from ranches,” he said. But then, a year and a half ago, “all of a sudden we got a call for them,” from empty nesters tired of stairs, who want to stay on the Island without opting for a retirement community.

Frank Campo, a principal in the family firm, said the new interest was causing a re-evaluation of company designs like the Meadowview, which was popular over two decades ago in Stony Brook, Setauket and Poquott. Its master bedroom is on the ground floor; two other bedrooms are upstairs. One of the firm’s new models, the Capeton, an updated Cape Cod, is similar to the Meadowview, with the first-floor master bedroom that most two-story homes lack.

In East Moriches, Mark Baisch, the owner of Landmark Properties, is selling ranches alongside colonials in a new subdivision of 17 homes.

“We are getting a lot of positive reaction” to the 1,900-square-foot ranch with two-car garage, Mr. Baisch said. “The big thing is to separate the master suite on one side of the house from the other two or three bedrooms,” using the living room, dining room and big open kitchen.

“The ranch is coming back,” he added. “People are looking to the future and realizing that the up-and-down on the staircase is not likeable for them.” In trying to avert “the senior condo route,” they are “willing to pay extra for the convenience of the ranch.”

Among aging housing stock, ranches can sometimes be hard to find. During the boom, builders snatched up ranches in areas like Jericho to knock down or convert to colonials, said Barbara Tomko, an associate broker with Shawn Elliott Luxury Homes and Estates.

At the Hamlet Estates in St. James, 12 of 127 homes sold have been ranches, said Rosanne Murray, the director of sales. The three models range from 3,239 to 4,000 square feet, and are priced from $709,900 to $1.04 million.

“We were expecting empty nesters,” Ms. Murray said, but preretirement-age people are buying them as well, drawn to the open floor plans.

Among them are Stephen DeMaio, a Port Jefferson pharmacist, and his wife, Suzanne, who went into contract on the smallest model in May. They said they liked the fact that the kitchen and family room were “one big room,” and that the dining room and master bedroom both had tray ceilings. “That reminded me a lot of the Florida-type homes,” Mr. DeMaio said, “and that was very attractive to us.” The couple are adding a basement and other extras that will bring the tab close to $1 million.

The DeMaios, who can still climb stairs “two at a time,” have two of three children living at home, so they won’t be empty nesters for five to six years. Still, they wanted “a change of pace” from the two-story contemporary that they recently sold after 18 years.

“My wife didn’t want to settle on a two-story,” Mr. DeMaio said, explaining that if she had still wanted to live in one, “she would have stayed where we were.”

Winchester Homes offers two beautiful ranch style homes, the St. Andrews and the Williamsport at many of our communities in Suburban Maryland and Virgnia.

Also check out our Artistry Collection of single level living homes offered at the very beautiful communty of  Shenandoah at Lake Frederick a 55+ community. Visit all of our communities and tour all of our homes at www.winchesterhomes.com.

“Like Us” on Facebook at the Boulevard at Brambleton

Tuesday, December 21, 2010 by Ed Prugh

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fb Friend = FREE Movie Tickets!  Friend us on the Boulevard at Brambleton Facebook page and the first six people who come into the sales center and register will receive one movie pass each to the Regal Fox 16 Cinemas in the Brambleton Town Center.  Hurry, they are going fast. 

 

Blvd

Visit the Camberley Homes Boulevard at Brambleton community web site to experience our new Interactive site map and floor plans to see your new luxury townhome. This new feature lets you design and customize your new Camberley Home right on-screen. See how you can add space in the Ventura floor plan or increase the size of the master bedroom in the Arlington floor plan. Learn about the innovative loft option with the popular roof-top terrace living space. The Boulevard at Brambleton townhomes offer everything you want in a convenient location close to everything you need. Visit our sales center today in the Brambleton Town Center or email Mike.Nguyen@CamberleyHomes.com for more information on these contemporary luxury townhomes.