To say 2014 has been a big year for Maracay Homes would be an understatement. We have already opened seven new communities, joined the Tri Pointe Homes family and have added a few national awards to our portfolio. And we’re only halfway through! As exciting as the first half of the year has been, there is even more to come from Maracay as we prepare for a number of neighborhood openings this fall and into 2015.
Marcay Homes continues to open in the Phoenix and Tucson-area’s most desirable locations, offering new, flexible floor plans to meet the needs of post-recession buyers in well-planned and meaningful ways. From the soon-to-debut Verrado Palisades to our first (and much-anticipated) active adult community, there is a lot to keep up with from this Arizona homebuilder. And to help potential homeowners stay up-to-date with it all, we offer an easy solution.
Our new community interest lists offer a no-hassle way to keep up with the new from the developing neighborhoods on your radar. Simply provide your basic contact information, tell us where you’re looking at and anything we can do to make your impending move as stress-free as possible. As news and developments progress, you’ll be the first alerted so that you can better plan your next step in the home buying process.
Not many things please us as much as seeing a family move into their dream home for the very first time. But if anything came close, it might just be the minute we found out our Maracay Homes family was about to get a little bit bigger.
We are happy to announce today that our parent company, Weyerhaeuser Real Estate Company (WRECO), has merged with TRI Pointe Homes, Inc., an Irvine, Calif.-based homebuilder that offers six quality brands throughout the U.S., to become one of the top 10 largest public homebuilders in the United States by equity market capitalization. The merger, which is valued at approximately $2.8 billion, is expected to provide TRI Pointe with significantly enhanced scale. Our new TRI Pointe Family includes TRI Pointe Homes of Northern and Southern California and Colorado; Pardee Homes of Southern California and Las Vegas, Nevada; Quadrant Homes of Puget Sound region of Washington State; Trendmaker Homes of Houston, Texas; and Winchester Homes of Washington D.C. metro area and Richmond, Virginia.
While our exceptional local executive team will continue leading the Maracay Homes brand, our new TRI Pointe family will give us a newfound financial strength, enabling us to grow our operations in the Arizona market. We will continue building beautiful, energy-efficient single-family homes designed for the way premium homebuyers want to live. Of course, we will still offer our suite of proprietary processes and tools, which include FlexDesign® and LivingSmart®, to deliver comfort, style and sustainability.
For more information on this exciting news, click here get the full story from Inside Tucson Business.
Modern features, customizable options and less maintenance are all among the many reasons most Americans — twice as many to be exact — would prefer purchasing new homes vs existing homes, according to the latest online survey from Trulia, a leading online residential real estate site.
Of the more than 2,000 survey respondents, 41 percent said they’d prefer buying a new home, whereas only 21 percent would choose an existing home. The remaining 38 percent of respondents had no preference.
While the overall numbers are quite convincing that Americans want to buy new, not everyone actually is willing to pay the higher price tag for a new home. According to the latest research from Trulia, new 2013 and 2014 homes cost on average 20 percent more than older homes — a number that seems to deter nearly half of the people who would prefer a new home from actually purchasing a new home, according to the survey results. Combining both the preference and willingness to pay, only 17 percent said they prefer a new home and would pay at least 20 percent more for a new home.
Although home buyers initially may pay higher for a new home, the overall price might not reflect the actual cost in the long run. According to a Census survey, homes built in the last four years cost about $25 less per month for maintenance compared with all homes. The maintenance savings combined with deals from homebuilders looking to move existing new-home inventory could end up saving home buyers more money if they choose new versus old.
While price is certainly a factor, new-home buyers have many other reasons for choosing new rather than an old. According to another Census survey, two-thirds of new-home sales are signed before construction is completed, showing buyers want the option to customize. Additionally, nearly 65 percent of respondents from the Trulia online survey who strongly prefer a new home also want the option to customize, with the same amount of respondents wanting modern features like bigger closets, a kitchen island and open floor plans.
As a homebuilder, these survey results only reinforce what we’re doing at Maracay Homes. We not only provide homes in high-demand areas, but offer FlexDesign® options with features like spacious great rooms, walk-in kitchen pantries, wrap-around porches, secret passageway from laundry to master closet, bonus rooms, 3-car garages, inviting exteriors and much more, depending on the plan. Not to mention, each home is Energy Star® certified and comes with Maracay Homes’ Living Smart® program for high performance and energy efficiency, providing homeowners with savings for years to come.
So many things to do, so little time. And no, we’re not talking about household chores! May is the month when still-cool evenings and not-too-hot days provide just the right temperature for getting out and exploring your surroundings. So put aside your to-do list and make some time to take advantage of the fun activities occurring near your Maracay Homes neighborhood.
Here are a few ideas to inspire you:
Cinco de Mayo Fiesta-Tucson Tortilla Festival
10 a.m. – 3 p.m., Sunday, May 4
Presidio San Agustin del Tucson
133 W. Washington St., Tucson
Celebrate the holiday with Mexican folklore, art, music and tortilla sampling. This free event includes tortilla-making tutorials, children’s activities and other family-friendly entertainment. Presented by Tucson Parks and Recreation in partnership with Tucson Meet Yourself.
Gilbert Spring Concert in the Park
7 p.m. – 9 p.m., Thursday, May 8
1045 E. Juniper, Gilbert
Need a mid-week break? Bring a blanket or lawn chair and stretch out under the stars to enjoy a concert of country/classic rock tunes from local band Tequila Highway. Free. Sponsored by Town of Gilbert Parks and Recreation.
Queen Creek Peach Festival
24810 S. Rittenhouse Road, Queen Creek
Fresh, juicy locally grown peaches are the star of the show at this annual festival, which includes hayrides, live music, train rides and carnival rides. Now in its 20th year, the event is a must-do for residents from all reaches of the Valley.
Phoenix Pet Expo
10 a.m. – 6 p.m., Saturday, May 17
WestWorld of Scottsdale
16601 N. Pima Road, Scottsdale
Vendors, demonstrations, low-cost vaccinations, adoptions and a costume contest will make for a busy day at this free, family-friendly event. Pets welcome.
Memorial Day Candlelight Service
7 p.m. – 8 p.m., Monday, May 26
Avondale City Hall Amphitheater
11465 W. Civic Center Dr., Avondale
A night to honor those who served. The free service includes speeches, music and special tributes.
Moving into a new home can be one of the most fulfilling days of your life. But before you settle in, there’s one final, and very important, step to complete: the walk-through.
The walk-through is a chance for you and your builder to tour your new home together, examining it for items in need of correction or adjustment. It’s also an opportunity to learn about your home and ask questions regarding anything you don’t quite understand.
Often times, new homes have advanced operating systems and special maintenance needs, so many builders use the walk-through to teach the homebuyer how to comfortably navigate the home’s control systems and maintain essential upkeep. To help you get the most of your new-home walk-through, here are a few things to remember:
Make a checklist – Throughout the walk-through process, your construction manager will inspect the home for scratches, chips or other forms of notable damage. While he is examining the house, make an effort to write down everything that needs correction, because cosmetic items usually will not be covered by your warranty after the initial orientation. Don’t forget to examine the exterior of the house as well. Look over the entire yard, ensuring your plants are healthy and the slope of the yard will allow for proper drainage.
Keep notes – During your walk-through you will receive a stack of paperwork, including manufacturers’ instructions for every aspect of your home, from the appliances to the plumbing. This is a great time to take thorough notes, as you might also get a demonstration on how to operate each system within the home.
Slow down – The walk-through is a crucial part of the home-buying process, so remember to slow down and not rush through it. It might be wise to leave the kids at home to avoid distractions. You are essentially meeting your new home for the very first time, so treat the walk-through like a formal introduction and give it the time it deserves.
You’ve decided to buy a newly built home. Congratulations! Now what? With so many choices available, it’s easy to see how a person could become overwhelmed. Selecting a reputable homebuilder with which to do business is a good first step toward becoming comfortable with the process.
Make a list of possible builders: After determining the type of house you want, contact the local homebuilders’ association or search the real estate section of the local newspaper for builders and projects. “Looking through the ads and reading the articles can help you learn which builders are active in your area, the types of homes they are building and the prices you can expect to pay,” according to NAHB experts. Make a list of the builders who build the type of home you’re looking for in your price range.
In addition, find a real estate agent who can help you in your search. Friends and family members may be able to recommend an agent who’s right for you. Ask the agent about their impressions of the builders with whom they’ve done business.
Do your homework: After you’ve compiled a list of builders, start researching the quality of their work. Visit the builder’s recently built neighborhoods. Talk to sales agents and people who live in the communities. Remember to take a notebook with you to record the information you learn and your personal impressions about specific builders and homes. Doing so will allow for easier comparisons later.
At the very least, drive by the new-home neighborhoods to check out the homes’ curb appeal.
Shop for quality and value: Touring the builders’ model homes will give you a feel for how the product might fit your needs and the needs of your family. Look at how the builder uses space. Evaluate the quality of the home’s construction and inspect the types of finishes, such as cabinetry, carpeting and trim. Ask about home warranty coverage. Keep in mind, there are no dumb questions.
Buying a new home can be an exciting journey. Partnering with the right homebuilder can make the trip all the more enjoyable.
That’s the conclusion of the National Association of Home Builders (NAHB), using data from the U.S. Census Bureau and the Department of Housing and Urban Development’s 2011 American Housing Survey.
According to the NAHB’s investigation, homes built before 1960 have an average maintenance cost of $564 a year, while a home built after 2008 averages $241. Similarly, operating costs average nearly 5 percent of the home’s value for pre-1960 structures, while they average less than 3 percent in homes built since 2008.
Taxes and mortgage payments also play an important role in factoring the affordability of new and existing homes. Taking into account the year the house was built, purchase price, mortgage payments, annual operating costs and income tax savings, the NAHB compared the first year after-tax cost of ownership for both types of homes. The results indicate a buyer can afford to pay 23 percent more for a new house than for one built before 1960 and still maintain the same amount of first-year annual costs.
True, mortgage payments are bound to be greater due to the higher purchase price of a newly built home. But, the lower operating costs balance out the difference, resulting in annual costs that are about the same as if the buyer had purchased a less expensive, older home with a smaller mortgage payment and higher operating expenses. Other benefits of owning a new home include open floor plans, enhanced storage options and energy-efficient construction that adheres to modern codes and standards.
One of the take-away lessons to be learned from the NAHB’s study is that prospective home buyers shouldn’t be too quick to write off the affordability of owning a newly built home. Taking a moment to look beyond the initial sales price just might prove it’s possible to spend a few more dollars on a new home and still achieve annual operating costs that fit within the budget.
Even though we are not shoveling snow across our driveways and winterizing our pipes like our friends on the East Coast, we are still welcoming the cooler temperatures for our version of “winter.” We don’t have blizzards or icicles to worry about, but slight changes in the temperature can affect home maintenance.
Maracay Homes are built with energy-efficiency and safety already in mind, but there are still a few things desert-dwelling homeowners can do to prep the house for cooler weather that will affect the quality of your home and your energy bill.
Make sure your heater is in tip-top condition before the temperatures dip below the 70’s. You don’t want to figure out that your heater broke while a freeze warning has been announced. For under $100, a technician will inspect all the working parts of a heater to ensure it’s in working condition.
Caution of the Cold
Even though we rarely hit below freezing, Phoenix has been known to have some chilly nights. Be sure to protect your landscape from the damaging freezing temperatures. Drape blankets over desert plants to prevent frost burn if there is a freeze warning in effect. Also, turn off exterior faucets if they aren’t in use. This will prevent pipes from bursting due to expanding ice.
Ceiling Fan Care
Reverse your ceiling fan to run clockwise during winter in order to create an updraft and push hot air down into living areas. According to Energy Star, reversing your ceiling fan rotation may allow you to turn down your thermostat by a degree or two for even more energy savings.
If you are lighting up the outside of your home for the holidays, you will need to do a little maintenance with older Christmas lights. Make sure there are no signs of wear-and-tear on the wires and that all bulbs are still functioning. We wouldn’t want your yard being lit up from an electrical fire.
To ensure your home is in tip-top shape all year round, check out our Maracay Home Maintenance List.
As tomorrow begins the holiday season, many of us are surrounded by family, friends and plenty of good fortune as we celebrate another year together. Yet there are many who have not been so fortunate and now, more than ever, rely on the extra support of our communities to make their season bright.
In the spirit of the giving, Maracay Homes is proud to our annual ‘Fill Our House With Love’ Toy Drive, benefiting the Starlight Children’s Foundation. Now through December 21, we are asking our friends to help us spread some holiday cheer by way of toy donations just for chronic and terminally ill children seeking treatment and Arizona pediatric hospitals. Be it board games or Barbies, all gifts are welcome to bring joy to those who need it most. Some donation ideas include:
- Ages 2-5: Play Doh, Balls, Stuffed Animals, Activity Books
- Ages 6 to 12: Hot Wheels, Leggos, Craft Sets, Dolls
- Ages 13 to 18: Sports Equipment, DVDs, Makeup, Games
For nearly 30 years, the Starlight Children’s Foundation has been helping seriously ill children and their families cope with pain and fear by way of entertainment, education and support. Locally, the Foundation serves more than 74,000 children and families throughout the state of Arizona, helping them to manage their illness and enjoy each day.
Last year, we collected more than 13,000 toys and with your help, we can donate even more in 2012! To join us in our mission, please bring your unwrapped gift to the Maracay Homes neighborhood near you or call 480-970-6000 for more information on how you can help us help children in need.