Petaluma Real Estate: Why Now is the Right Time for First Home Buyers

Today’s Petaluma first home buyers have some of the best market conditions in years for home ownership. Historically low prices and interest rates mean buyers can own a home more affordably than in recent years.

But what does taking advantage of today’s housing market really mean for you?

The money that you save every month in your housing payment (versus just a couple of years ago) can be used for college savings, retirement, or to create a greater sense of freedom and security for your family. As the housing market continues to strengthen and prices and interest rates increase, the opportunity of today’s housing market may not last long.

Here are 7 ways that purchasing your first Petaluma new home at Cottages at Southgate can mean big savings:

Value Pricing: Southgate offers an exceptional value for Petaluma real estate with new homes starting at just $399,000*.

Interest Rates Are Low: Purchasing a home with today’s low fixed interest rates means big savings over the life of your loan.

FHA Financing with Low Down Payment: FHA financing is available with as little as 3.5% down* to allow first home buyers to keep more money in their pocket.

No HOA Fees: Southgate offers first home buyers an exceptional opportunity to purchase in a new home community with no HOA fees. This can save homeowners thousands of dollars every year.

Brand New Construction: Bay Area-based DeNova Homes offers brand new construction with a one year limited warranty and a ten-year structural warranty. No surprise repairs or improvements.

Seller Incentives to Lower Move In Costs: For a limited time*, DeNova Homes is offering Seller incentives to assist with buyer closing costs to keep move-in expenses low.

Tax Deductions: Owning a home can offer tax deductions that enable homeowners to keep more of the money that they earn each year.

Beyond these potential financial savings, buying a home offers all kinds of return on investment in any housing market. Things like pride of ownership, a sense of stability for your family, a place to grow roots and create memories. Memories like your child’s first steps, big holiday family dinners, and neighborhood block parties. These aren’t the kind of returns you can map out on a spreadsheet, but they are the emotional investments that pay big dividends for years to come.

Find out more about how we’re helping first home buyers realize the dream of home ownership at Southgate. Visit our Sales Center at 1715 Calle Ranchero for more information, or contact our Online Sales Concierge at (888) 548-8883 or by Live Chat at http://www.denovaatsouthgate.com.

Disclosure: FHA financing available to qualified buyers. Pricing, incentives, and availability are subject to change without prior notice, see Sales Associate for details.

11 Reasons to Buy a Petaluma New Home Versus Resale

If you are looking for Petaluma real estate it can be easy to be tempted by low prices for distressed properties that can seem like a “great deal.” But what are you really getting? New homes offer many advantages over older, distressed properties that can save homeowners time and money.

Here’s our list of 11 reasons to consider the value of a Petaluma new home versus a distressed home:

1. Because Buying a Home Shouldn’t Be a Part Time Job

New homes are one of the most stress free ways to purchase a home. No haggling, no lengthy approval process, and no surprises. Our professional sales team has closed hundreds of transactions in their careers, so you can feel confident that your home purchase will go smoothly.

2. Because Pink Tile and Orange Cabinets Just Don’t Go Together

Buying an older, distressed or resale home can come with years of mix and match design choices that rarely reflect the tastes of the new homeowner. New homes are your home, your way. When you purchase a new DeNova Home you can meet with a professional design associate to custom select each finish for your home (pink tile optional).

3. Because the Overgrown Lawn Next Door isn’t “Neighborhood Charm”

Every time you purchase a home you are also purchasing a neighborhood. The decisions that your neighbors make can have an impact on the value of your home for years to come. Buying a home in a new home community means that you’re surrounded by newer homes, landscaping, and common areas.

4. Because “Small, Dark, and Old” is Hard to Come Home To Everyday

Architecture styles change over time. Older, distressed homes can be dark with smaller rooms and more divided spaces. New homes that are built to the latest energy efficiency standards are often brighter with many family-friendly floor plan features such as great rooms, kitchen islands, lower level master suites, dual sinks in the master and secondary baths, and more.

View floor plans >

5. Because You Shouldn’t Have to Spend College Savings on the Light Bill

New homes are built to the latest energy efficiency standards, which means lower utility bills for you and your family. A savings of even $30 per month in your energy bill for a new home versus an older, distressed home can add up to $360 per year in savings, or more than $10,000 over the life of a 30 year loan.

6. Because Who Knows What Has Been in That Carpet?

Pets, smoke, and years of smelly stains can dig deep into a home, and not just the carpet. Often stains linger long after the carpet has been cleaned or replaced. New homes offer fresh, clean, sparkly finishes throughout with nothing to replace.

7. Because “Avocado” Was Never Meant to be an Oven Color

Replacing outdated, worn appliances can be more costly than just upgrading the appliance. Older homes can have faulty wiring, no plumbing to accommodate modern conveniences such as automatic icemakers, and spaces that are not large enough to fit the larger appliances that many busy families need today.

8. Because the Answer to “Who is the Builder?” Isn’t “Ummm…”

New homes offer something that older, distressed properties can rarely give to buyers: a builder who is accessible and stands behind their work. DeNova Homes is a Bay Area-based builder that has been building for years and offers a one year limited warranty on every new home purchased an a 10 year structural warranty.

Read more about DeNova Homes >

9. Because Surprises Should Only Be Birthday Parties and Lotteries

No inspection can detect absolutely every possible repair that might be needed in the first year of living in your home. Older, distressed properties can often come with an attractive price upfront but lots of costly surprise repairs later that can drain a homeowner’s bank account. Brand new homes have fewer surprises and a one year warranty for more worry-free home ownership.

10. Because “Vacation” Shouldn’t Mean Recaulking Your Tub

Older, distressed properties often come with a long list of repairs that can take up every weekend and vacation day for months or even years. New homes offer homeowners the ultimate luxury – more time and freedom to spend doing the things they love to do.

11. Because Our Limited Time Interest Rate Buydown Won’t Last!

There are three things that determine the affordability of a home: monthly payment, ongoing cost of ownership, and monthly fees. A new DeNova Home at Southgate means nothing to update, no HOA dues for lower monthly expenses, and for a limited time we are offering an interest rate buydown to make your monthly payment even more affordable.

Now more than ever, new homes offer a better option for smart, value-driven home buyers.

Hurry in today for more details. Visit our Sales Center today at 1715 Calle Ranchero Thursday – Monday from 11 a.m. to 6 p.m. Can’t wait? Call our Online Sales Concierge 7 days a week from 9 a.m. to 5 p.m. at (888) 548-8883 or Live Chat at www.denovaatsouthgate.com.

Petaluma Featured New Homes: The Vines at StoneBrook (Large Lot!)

Every new home community has one or two homesites that are the most enviable of the entire neighborhood. At StoneBrook at Southgate, we’ve started off with a bang by including one of our best locations in our very first release!

Our homesite #35 includes one of our largest homes on one of our best lots. What makes this home the envy of the neighborhood?

A Spacious, Family Home for All Seasons

Our gorgeous Vines floor plan is an entertainer’s dream, whether your idea of entertaining is a casual family movie night or a formal holiday feast. With four bedrooms, three full baths, and more than 2,600 square feet of living space, this is a home that is grand enough for formal gatherings without compromising a cozy family setting. Of course, at the heart of every family home is the kitchen. The Vines features a designer kitchen with a large island that opens to the great room for an ideal family gathering spot.

 

Fire Up the Grill and Invite the Neighbors

We’re building The Vines on a generous homesite of more than 6,000 square feet for you to create a special outdoor space that is truly your own. Install a playset for little ones to run around and play, or build a state of the art outdoor kitchen and become master of the grill. In fact, why choose? There is space enough for the entire family (and a few neighbors too). The cul-de-sac style shape of this homesite provides more space and privacy for all of your outdoor living.

The One Thing That’s Missing

We think homesite 35 offers a near perfect Southgate location, but there is one thing that’s missing from making it the home of your dreams… you. We know that what makes a house truly feel like home the ability to customize it to your tastes and the unique needs of your family. That’s why we’re including up to $25,000 in options and upgrades for a limited time for you to spend on anything from hardwood flooring to window treatments to designer tile.

Don’t miss this opportunity to own one of the best locations at Southgate. Visit us today for pricing information and to tour this home. Our Sales Center is open Thursday through Monday from 11 a.m. to 6 p.m. at 1715 Calle Ranchero in the Southgate neighborhood of Petaluma. You can also contact Sales Concierge 7 days a week at (888) 548-8883.

Register now to view site plan, floor plans and current availability.