Sell Your Home This Spring

Categories: Arizona, LGI Homes, Texas Comments Off on Sell Your Home This Spring

With the change in season from winter to spring, we enter one of the prime times of year for homebuying activity. Kids are almost out of school, and the broad expanse of summer offers time for home shopping, moving, and settling in to a new home before the rigors of academia begin once again in the fall. So it’s no surprise that most families begin shopping for their homes in March, taking advantage of great weather and copious daylight to find their dream house.

If you’ve been eager to move into a new home—such as the beautiful, affordable and high-quality new homes offered by LGI Homes—but are worried about whether or not you’ll be able to sell your current home, this may be the season for you to make your move. Not convinced? Consider this:

Real estate is highly local. Many local economies—particularly in cities throughout Texas—have remained much more resilient than the nation as a whole, and strong job growth and steady wages are underpinning heavy activity in their real estate markets. Many of these places are also outperforming the national scene in terms of real estate, meaning that grim statistics applied to “housing” as a whole often don’t apply to local markets. Even major metropolitan areas in hard-hit states like California and Florida are seeing rebounds in hiring, which is increasing demand for homes and increasing prices.

Low inventories can drive up prices. With so many homeowners unwilling—or unable—to put their homes on the market, those owners who are selling have been able to command higher prices for their homes. Why? The simple law of “supply and demand.” When demand for something exceeds the supply, prices for that in-demand item rise, because the item becomes a premium. In the case of houses, local economies that have strong economic underpinnings support wages and allow workers to buy homes. Those workers want to buy homes, and when presented with low inventory, will often offer higher prices in order to secure a house of their own.

Homes owned by people—and not banks—have an edge. While the prices on foreclosed homes in places like Phoenix may seem attractive to some buyers, those prices are often factors of the poor condition of the homes themselves. Deferred maintenance, structural problems, and even cosmetic issues like stained rugs, cracked walls and broken appliances heavily discount list prices on foreclosures, since many banks sell their foreclosure inventories “as is.” In this environment, well-cared-for homes inhabited by people (and not just spiderwebs!) are hot, as most buyers want a “turn-key” property into which they can move without any work.

As you can see, there are a number of factors that define a “good time” to sell a home, and as both local economies—and the nation as a whole—turn the corner on the recent recession, housing is ready to stage a rebound.

Lucky homeowners who can sell into the curve will not only get better prices from inventory-starved buyers, but will also be able to take advantage of record-low interest rates and sky-high affordability to move into new homes. Why wait to own your dream, when you can make your move today? Selling your current home may be the first step toward owning a brand-new house in one of LGI Homes’ stunning communities throughout Texas and Arizona!

Own a New Home in Dallas with up to 5 Beds for Just $601 per Month

Categories: LGI Homes, Texas Comments Off on Own a New Home in Dallas with up to 5 Beds for Just $601 per Month

Brand new LGI Homes’ house for sale in North Dallas, Texas with 3-5 beds and a 2-car garage..

North Dallas Texas New Home at $601

This new home from LGI features 3-5 bedrooms and a 2-car garage all for just $601 per month.
CLICK ON IMAGE FOR DETAILS

Community Name: Oak Hollow

Location: North Dallas, Texas

Community highlights: Greenbelt areas, Children’s playground, Walking Trails, Community Pool

Community features: Access, convenience and character combine in Oak Hollow, offering some of the most affordable new homes in the heart of North Dallas’ Collin County. Upon passing through the beautiful stone entryway, residents and guests alike will be impressed by the community’s family- and lifestyle-friendly amenities, such as the expansive greenbelts, a local playground, and the neighborhood park. Yet the small-town charm of Oak Hollow is also a commuter’s dream, as this little enclave is located just off of I-75, and within easy reach of the myriad offerings of the DFW Metroplex. Want to have it all, in the heart of it all? Then Oak Hollow may just be the community for you!

Home Highlights: 3-5 Bedroom Plans, 2-car Garages, Oversized Lots

Home features: Each home in Oak Hollow includes over $10,000 in designer upgrades, included at absolutely no additional cost to the buyer. These include imperatives like quality appliances and an included refrigerator, but also fine details like custom cabinets, rounded corners and high ceilings. Each home lot has a fully-fenced backyard and front-yard landscaping, as well as quality deed restrictions that protect the character of the neighborhood. Best of all, homes in Oak Hollow start at just $601 per month!

LGI Homes Announces its New Communities in Phoenix’s East Valley and Austin

Categories: Arizona, LGI Homes, Phoenix, San Tan Heights, San Tan Valley, Sonterra, Texas Comments Off on LGI Homes Announces its New Communities in Phoenix’s East Valley and Austin

Hot on the heels of 2011’s incredibly successful sales year (in which we placed a record number of buyers into their own beautiful new homes), 2012 is already promising to become another milestone in LGI Homes‘ history. That’s because this year we’re bringing the LGI Homes model of home building into two new cities: Austin, Texas and Phoenix, Arizona!

Austin Texas New Home Community: Sonterra

LGI Homes' new home community Sonterra, located in Austin, TX.

The LGI Homes focus on value, affordability and quality has driven our success in a number of markets across Texas, so we’re excited to expand into the unique and dynamic setting of Austin, one of Texas’ most forward-thinking, diverse and vibrant cities. Sonterra, our first community in Greater Austin, is ideally situated just off of I-35, and offers homebuyers exceptional value, with prices starting at just $679 per month. Commuters will enjoy unparalleled access to the urban areas of Austin, Georgetown, Salado, Belton, Temple, and Killeen/Ft. Hood, while those staying closer to home will enjoy countless superb amenities and a close-knit community experience. Floorplans at Sonterra range from 3-5 bedrooms, and include over $10,000 worth of designer upgrades at absolutely no cost to the buyer. With oversized lots, a family park with clubhouse, a pool with toddler-friendly splash-play area, walking trails and a brand-new elementary school, Sonterra promises to be one of the Austin area’s most popular family-friendly communities.

San Tan Valley New Home Community: San Tan Heights

LGI Homes' new home community San Tan Heights, located in San Tan Valley, AZ.

In Phoenix—our first expansion outside of our home state of Texas—buyers will thrill at the homes we are offering in San Tan Heights, a stunning master-planned community in Phoenix’s East Valley. San Tan Heights offers easy access to all points in the greater Phoenix-metropolitan area, but capitalizes on the quiet beauty of its location in East Valley foothills. An incredible natural setting, exceptional community amenities and astonishingly affordable prices (starting at just $679 per month!) make San Tan Heights a premiere choice for homebuyers looking for family-friendly communities and the active, adventurous lifestyle so typical of this Southwestern state. Whether it’s the spacious oversized lots, the modern 3-5 bedroom floorplans, or the generous home warranty that brings you out to visit us at San Tan Heights, you’ll soon find that you stay because of the neighborhood feel, the ideal location, and the level of service, quality, affordability and value that is the signature of LGI Homes.

So here’s to 2012, a great year that promises—especially for the savviest homebuyers in Austin and Phoenix—to be one of the best yet.