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Blog Category - New Homes

American Classic Homes Opens New Model Home at The Enclave Community in Renton, WA

Categories: American Classic News, Community Spotlight, New Homes, Renton Homes | Posted: December 15, 2016

American Classic Homes is thrilled to present our beautiful New Model Home at The Enclave in Renton, WA. We invite you to discover what community is all about at our Model Home Preview This Weekend!

When: Saturday, December 17th & Sunday, December 18th
Time: 12:00pm – 4:00pm
Where: 6513 SE 7th Place Renton, WA 98059

We look forward to seeing you at our brand new fully furnished model home at The Enclave this weekend! If you have any questions or would like to schedule your very own private tour, please give us a call at (206) 557-6353 or email Summer@AmericanClassicHomes.com.

 

About the neighborhood: The Enclave is American Classic Homes’ largest new home community in Renton. The Enclave features 31 spacious homes that will range from 3,462-5,210 square feet, 4-7 bedrooms, and up to 4.5 baths. Some home plans will include main-level guest suites, bonus rooms, master suites on the main floor, and daylight basements. This desirable location offers convenient access to I-405 and WA-169.

 

Schools: The Enclave will be served by the highly rated Renton School District including:

  • Maplewood Heights Elementary School
  • Mcknight Middle School and
  • Hazen Senior High School

 

Driving Directions:
• Take I-405 S Exit 4 to Sunset Blvd N
• Take a left onto WA-169 S
• Turn left onto 154th Place SE
• Turn right onto SE 6th Street
• The Model Home will be on the right at 6513 SE 7th Place Renton, WA 98059 

 

 

 

 

 

 

 

Here’s a sneak peak of the brand new model home at The Enclave beginning to be staged!

The price of procrastination: Mortgage rates are rising

Categories: New Homes | Posted: December 8, 2016

Homebuyers have been reaping rewards of a struggling economy since the recession. Housing prices and interest rates dropped to historic lows in 2009, and have not fully recovered in the years that followed.

Like all good things—if you’re a homebuyer, that is—the bargain is coming to an end.

At this writing, the rate for a 30-year, fixed rate mortgage is 4.01%. Three months ago, it was 3.579%. On the plus side, the current rate matches where we were in January 2016. We had a dip this year, but it’s not expected to happen again.

When you compare these numbers with the significantly higher rates in the early 2000s (approximately 6.3%), does this small change make enough difference to push the procrastinators off the fence?

Let’s look at the price of procrastination as mortgage rates are rising.

Purchase price: $295,000

30-year FRM

At 3.6%           $1,341 per month

At 4.6%           $1,512 per month

Over the life of the loan, paying one percent more for your mortgage will cost you an additional $61,560.

Housing prices are rising. The Federal Housing Finance Agency (FHFA) House Price Index posted a 6% increase in the past twelve months.

Based on the above scenario, you’ll spend $171 every month because you decided to wait. Are you getting more value? No. In fact, while you’re waiting, the price of your new home is increasing, along with the mortgage rate. That home you could have bought for $295,000 is probably going to cost you about $312,000 in six months or so.

If you don’t mind spending more money for a home, you can continue to wait, but be prepared to tack on the price of procrastination to your budget.

The 6 Hottest Home Design Trends of 2017

Categories: Home Design Trends, New Home Selections, New Homes | Posted: September 26, 2016

From multi-functional designs and elements to mixing metal finishes, we had some of the top designers and professionals weigh in on the hottest trends you’ll be seeing in 2017.


Liz Toombs, C.I.D, Owner, Polka Dots & Rosebuds Interiors & Out of the Box Room Design

 

Home Design Trends wallpaper

Wallcoverings have matured since your grandmother had bold  floral prints adorning her walls. I personally love grass cloth. The key to choosing the right paper is to make sure the busyness of the pattern is appropriate for the space where it will hang.  I advise clients to avoid a busy print in a large, regularly used space like their living room, as they will likely tire of it quickly.  Contrary to that, a powder bath is a small space where not much time is spent, so it’s safe to be bold on those walls! If you’re afraid to commit to a wallpaper, try it out in a small area of your home such as the back of a bookcase or china cabinet. If you like how it turns out, consider adding some pattern and texture to other areas of your home.  Be careful not to paper everything, choosing strategic placement for wallpaper gives you maximum impact.

 

Home Design Trends Mixed Metals

Mixing finishes – Tastefully mixing metal finishes in your home is very chic. We are mixing our metals in jewelry, and the look is stunning. Why would home fashion be any different? Homeowners often feel they have to choose one metal finish and stick to it throughout their entire house – not true.  Don’t get pigeonholed into one finish. Mix things up and you’ll be surprised how naturally things work together. Antique brass and oil rubbed bronze are my personal favorite combination.

 

 


Sacha Ferrandi, Founder, Source Capital Funding, Inc.

 

Home Design Trends Smart HomeOne of the biggest trends in 2017 will be the rise of ‘Smart Everything’. As appliances and amenities that connect with the internet (such as Nest, smart fridges, heated driveways, etc.) become more affordable, we will see a rise in this type of ‘custom’ design in new homes and renovations.

These smart appliances are part of a general trend of customization in the home design world. This is especially true for Millennials that are entering the home industry, as they want to purchase homes that are built around their interest and desires.

 


Matthew Goodwin, Founder and President, Ver-Tex Construction Specialties, Inc.

 

Home Design Trends ShadesOne of the biggest trends we see continuing to increase is daylight  harvesting. Daylight harvesting maximizes natural light, helping to enhance efficiency and productivity, while maintaining the aesthetic appeal of your space.

Motorized shades can be a tremendous aid to maximizing how you use (and conserve) daylight, especially when those shades or blinds are integrated into a smart home automation system. On a sunny day, the space uses less artificial light. On a cloudy day, the interior lights will brighten to create the ideal work environment.

These shading systems also protect furniture, fine art, rugs, and even wood surfaces, from the sun’s damaging UV rays. As more families move towards creating a smart home, motorized shade control with iPad apps and new
remote controls are increasing in popularity.


Doug Hopeman, CEO, Artificial Plants and Trees
Home Design Trends outdoorseating

 

The use of multi-purpose furniture will be a huge design trend we see next year. Many homeowners are looking for furniture that is versatile and weather-proof but still modern and luxurious.

 

 

 

 

 


Lilian H Weinreich, Owner, Lilian H Weinreich Architects

Project: Bleecker Street Renovation Architect: Lilian Weinreich Architects Location: New York NY

Elegant room dividers: full height sliding partitions are multi-functional and multi-user friendly.

No matter the ceiling height, full height partitions elongate a space. They can also be used as folding screens to provide privacy, in the image below, a folding screen shields the view from the front door. Partitions can also create flexibility by dividing spaces. Glazed screens allow daylighting while still providing privacy.

 

 

 

 

 

 

 

 

 

 


image of mixed metal kitchen by Houzz

 

Secure Your Lot at Penny Lane in Sammamish

Categories: American Classic News, Community Spotlight, New Homes, Sammamish Homes, Sammamish Plateau | Posted: August 26, 2016

Rosario Home PlanAmerican Classic Homes, a premier family owned Washington homebuilder, has announced that its latest Sammamish community, Penny Lane, is aiming to debut in the fall of 2016. In response to the growing number of inquiries and the high demand for spacious home designs, the award winning home builder is allowing buyers to reserve their choice of lots in this new home community. American Classic Homes will start accepting lot reservations on September 6th, 2016, prior to the community’s final plat approval, which gives buyers the opportunity to secure their preferred lot without competing with the general public.

This exclusive community will feature eleven spacious homes that include professional grade kitchens, superior finishes, as well as included features that are upgrades at other builders. Each home also includes the personalized experience that homebuyers have come to expect from American Classic Homes.

Penny Lane offers large lots, daylight basements on specific lots, and a private community park that our residents will value in this cul-de-sac location. Penny Lane is also within walking distance to the beautiful 54-acre Beaver Lake Park.

Located less than 3 miles south east of the planned Sammamish town center, Penny Lane will offer convenient access to I-90 and WA-202, with employers such as Microsoft and Costco close by. The highly rated schools of the Issaquah School District will serve the community.

Homes will range in size from approximately 3,600 to 5,100 square feet, and include many luxurious features – expansive floor plans, spacious master suites and the beautiful architectural elements that characterize every American Classic Homes community.

Reserving a lot at Penny Lane is a welcomed opportunity for many buyers who are looking to buy in Sammamish. Making a simple lot reservation will give buyers the opportunity to select their preferred lot for the American Classic Home of their dreams before the general public. Due to this unique advanced opportunity, buyers who would like to reserve their lot can tour the Penny Lane model home at our nearby community, Discovery Grove, located at 2902 226th PL SE, Sammamish, WA 98075. Schedule your private model home tour by calling our new home advisor Summer Davis at (206) 557-6348.

For more information or to sign up for the American Classic Home VIP list to be the first to learn about new updates be sure to sign up on on the Penny Lane community page or call Summer Davis at (206) 557-6348.

American Classic Homes Opens New Discovery Grove Model Home

Categories: American Classic News, Community Spotlight, New Homes, Sammamish Homes, Washington | Posted: August 23, 2016

American Classic Homes is thrilled to debut our beautiful New Model Home at Discovery Grove. We invite you to discover what this beautiful Sammamish community is all about at our Discovery Grove Model Home Opening This Weekend!

When: Saturday, August 27th & Sunday, August 28th
Time: 12:00pm – 4:00pm
Where: 2902 226th PL SE, Sammamish, WA 98075

We look forward to seeing you at our brand new fully furnished Discovery Grove model home this weekend! Discovery Grove homes are selling fast, with 6 of these 12 homes already spoken for. Inside the homes you’ll find luxury finishes including granite or quartz kitchen counters, commercial style kitchen appliances and a large freestanding soaking tub in the master bathroom. If you have any questions or would like to schedule your very own private tour that best fits your schedule, please give us a call at (206) 557-6308 or email Summer@AmericanClassicHomes.com.

About the neighborhood: Discovery Grove is a community of 12 new homes located in the Sammamish in Washington State. Discovery Grove is located within walking distance to Pine Lake Middle School, Pine Lake Park, Pine Lake Village Shopping Center, and the South Sammamish Park and Ride Station. Only a short drive from I-90, the location allows quick access to Seattle, Redmond, Bellevue and Sea-Tac.

Schools: Discovery Grove is served by the Issaquah School District, one of the most highly acclaimed school districts in Washington State.
• Creekside Elementary School
• Pine Lake Middle School
• Skyline High School

Driving Directions:
• Taking I-90 E
• Take Exit 17 towards E Lake Sammamish Pkwy SE
• Continue on SE 30th St, Drive to 226th Ave SE
• Turn left onto SE 30th St
• Turn right onto 224th Pl SE, Continue onto 226th Ave SE
• Turn Right onto SE 29th St
• Turn Right onto SE 29th St
• Turn right onto 226th Pl St
The Model Home is located at 2902 226th PL SE, Sammamish, WA 98075

Sammamish Showcase Home Tour June 11-12

Categories: American Classic News, New Homes, Sammamish Homes | Posted: June 9, 2016

Sammamish Tour 2016Join us for the 1st Annual Sammamish Showcase Home Tour on Saturday, June 11 – Sunday, June 12. This tour will feature a professionally decorated and designed Islander home plan in Sammamish. Grab your friends and enjoy viewing this beautiful homes!

 

The Decorated Home location is

2201 239th Place SE, Sammamish WA 98075

Hours:

Saturday, June 11: 12:00 pm – 4:00 pm

Sunday, June 12: 12:00 pm – 4:00 pm

 

View a map of the location, or for additional information contact Summer at Summer@AmericanClassicHomes.com or 206.557.6385

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Telltale signs you’re ready to move

Categories: New Homes | Posted: March 10, 2016

Are you feeling a little twitch when you walk into or around your home? Has the passion gone out of your relationship with your abode? Maybe it’s not the feng shui, but the home itself. You might be ready for a new home.

Here are some telltale signs you’re ready to move.

#1. You look at other places and wonder what it would be like to live there. Do you find yourself driving at night and looking at the lit windows of other homes, wondering what they look like? Are you spending more time analyzing the homes on your favorite shows than the story lines? That daydreaming is a sign that you’re not completely fulfilled in your current home.

#2. You fear your closets. Does the theme from “Jaws” pound in your head when you reach for the closet door knob, fearing what lies beyond? If you’re tight—really tight—on space, it might be time to move to a larger place. Cramped is never fun or healthy.

#3. The echo bothers you. Maybe the kids have grown and gone on their own. The echo of the empty nest is unsettling for you. Think about downsizing to a new home that better fits your lifestyle today.

#4. Your DIY is DI-Done. You’ve spent years fixing up all those spaces that needed help. Are you tired of using your weekend for DIY projects? Imagine the freedom of living in a new home where DIY becomes fun again—like planting flowers in your garden, trying new recipes in your new kitchen, or taking up a hobby that doesn’t disrupt your living space.

#5. You refuse to look at the weather forecast. Did that last snowstorm send you over the edge? Do rainy days destroy your mood? Does another day of hot and humid make you want to crank up the air conditioning and layer on some winter clothes? Maybe a change for the weather is a change for the better.

#6. The cost of living there doesn’t make sense. Your rent went up again—even though everything else has stayed the same, including your income. Look at your finances and decide if clinging to your current living space is cramping your budget. Remember that a fixed mortgage never increases, unlike rent, and a monthly mortgage payment is probably less than rent.

#7. The neighborhood isn’t what it used to be. Have your favorite neighbors moved out, replaced by the loud, annoying, or sloppy people who are driving down your quality of life (and maybe property value)? Has the vision of the up-and-coming area never arrived? Maybe you still love your home, but not the neighborhood—a very good reason to look for a new home.

#8. You’ve exhausted your audio library on your commute. If you’ve changed jobs since moving to this home, you might have tolerated a longer commute, just to stay where you are. Ask yourself which is stronger, your love of home or hatred of commute. A shorter commute means more available time for yourself and your family.

Still not sure? Apartment Therapy offers this simple equation:

New place > Old place + Moving hassle and expense

Is it really that simple? Lifehacker expands on the basic math by incorporating more variables:

New place + location – distance from friends > Old place + Moving hassle and expense + location – distance away from friends

You can revise the variables to your own situation. For example, “Quality of schools”, “Commute”, and “Finances”.

Pay attention to that little voice in your head that says it’s time to look for a new place to live. Change can be great!

The Benefits of Buying a New Home with an Online Sales Counselor

Categories: New Homes | Posted: February 18, 2016

The process of starting the search for your new home can be daunting. So many choices! It can be like hitting a car dealer’s showroom when you make contact. The salesperson puts on a big smile and hits you with the pitch. You’ve probably already done some research, but you want to kick the tires and inhale that new car smell to move you closer to a big decision.

Meanwhile, the car salesperson is sizing you up like a five-course meal.

That’s not what your new home buying experience should be. Most builders today utilize the helpful skills of an Online Sales Counselor (OSC) to gently guide you through the process of narrowing down your choices and getting answers to even the most minute questions. There is no sales pitch. The OSC’s job is to give you information that will help you determine the path to your new home purchase.

Why does it matter whether you search on your own or work with an OSC? Here are the benefits of working with an Online Sales Counselor when you’re buying a new home.

  1. You get fast answers. You will have lots of questions as you browse the Web, looking at homes, plans, developments, and builders. An OSC is your inside source for information, saving you time and giving you the detailed answers you might not find on your own. Remember, a website is designed to give you some information, not all. The goal of any website is to entice you to act.
  2. You can information on special programs. OSCs are on the inside. They know what sales incentives and financing are being offered at any given time. When you ask them a question, they will get you the answer or direct you to the knowledgeable source.
  3. They know the properties. The OSC is trained to understand the features of every community and the homes there. If you have certain criteria in mind—location, type of neighborhood, design features, or maybe need a home that will be available quickly—the OSC can show you your options.
  4. There’s no pressure. It is not the OSC’s job to sell a home. They don’t provide the property tour or review options and specs with you. Their job is strictly to be your information source, your connection to the builder and the community—but not the salesperson.

When you’re serious about finding the right new home and community for you and your family, start by talking to the homebuilder’s Online Sales Counselor. This person will contact you shortly after you leave an inquiry on the builder’s website. They will make themselves available to handle your interests until you’re ready to visit a community and take a tour. Think of the OSC as your personal, home-searching concierge. They will manage everything from sending you floor plans and elevations to connecting you with a lender and scheduling your personal tour. Maximize the efficiency and your time by accepting the help of an Online Sales Counselor, and you’ll discover how smooth the path to purchase can be.

Build your new home or sell your current home: Which comes first?

Categories: New Homes | Posted: December 3, 2015

A first-time homebuyer has it easy in some ways. They don’t have a home they need to sell before purchasing one. If you’re in your own home and thinking about building a new home, you have a big question to ponder.

“Should I sell my home before I build a new one?”

The answer will depend on many things—most importantly, your personality. Are you a worrier or a risk-taker? Do you need a safety net or can you walk the tightrope supported by your confidence that you’re not going to fall?

Less Risk, More Inconvenience

Selling your home in advance of buying a new one is the safest way to ensure you’re not carrying two mortgages at once, but this scenario has certain issues attached.

You might need to find temporary housing, unless your buyers are willing to give you extra time. If you have to move out—and can’t stay with family or friends—you’ll need to find a short-term rental. With school-aged children, you might be required to live within the school district in order for your children to attend their school. Check the regulations before making your decision of when and where to rent.

Pet owners sometimes have difficulty finding a rental that accepts their four-legged family members. You might need to make temporary arrangements for them elsewhere.

Finally, you’ll essentially have to move twice—which means changing your address twice. Initially, you’ll move out of your current home and put your furniture and possessions in storage. Then you’ll move again when your new home is ready.

More Risk, A Simpler Move

Can you afford to two mortgages if your current home is still on the market when you’re ready to close on the new one? If you quality for the additional mortgage, the problem ends there, although no one wants to carry the additional debt.

You could rent your present home once your new home is ready, and use that rental income to cover the mortgage cost. You might also secure a bridge loan to cover you until you sell your current home.

Certainly, homebuilders will offer a contingency option that gives you an “out” if your existing home hasn’t sold, but that means you give up the dreams of this new home—in addition to the time and money already invested. And someone else is going to live in the home you created.

Before you make your decision of whether to build your new home first or sell your existing home, talk to a Realtor about current housing market conditions in your area. How long are comparable homes on the market? This information gives you an estimate to work with. Your home could sell much sooner or take longer.

How to Select Your Mortgage Lender

Categories: New Homes | Posted: October 29, 2015

Real estate investment

Before you start searching for your new home, make sure you know how much you are qualified to borrow. Not only will this knowledge help you focus your house hunting on the right properties, but pre-qualifying gives you more leverage when a seller knows you can get the mortgage to buy their home.

The first step is to select the right institution. Here are some tips on how to select your mortgage lender. You might be tempted by the lure of low interest rates and no closing costs, but protect yourself by ensuring you work with a reputable, responsive, and experienced lender.

  1. Ask for referrals. Your Realtor can offer suggestions for mortgage lenders that meet your particular criteria (e.g., first-time homebuyer, FHA or VA loan). Talk to family members, friends, and co-workers who have recently purchased a new home about their experience with mortgage companies.
  2. Check references. Look at online reviews to see what others are saying about the mortgage lenders. Check the Better Business Bureau’s ratings, which include any complaints lodged against the company. Be sure that the lenders you’re considering have the necessary licensing.
  3. Interview the lender. If you apply online, you will be instantly deluged with phone calls. When you speak with the representatives, ask about the various loan products they offer, and the pros and cons of each. Discuss the approval and closing process, so you understand the information and timing that will be required. Ask for a written list of the costs and fees associated with the mortgage, like points, legal fees, title insurance, and closing costs. Explain your situation and ask for a recommendation about the right mortgage.

Here are 25 questions that Zillow suggests you should ask your mortgage lender.

Once your questions have been answered, ask yourself a few questions. Did the lender seem knowledgeable? Did they listen to your concerns and address them clearly? Did you feel like you were getting a cookie-cutter response or truly personal attention? Did the lender seem to push you towards borrowing more than you feel comfortable with? This is a major financial commitment, so you need to work with a professional who takes the time to understand and respect your needs and concerns.

4, Compare rates, fees, and products. Once you have gathered the information, look at what each mortgage lender has to offer. Your choice should reflect your needs. If you don’t have a stellar credit rating or a sufficient down payment, consider a lender who understands your situation and can offer guidance to qualifying for the best option possible. Maybe you’re looking for a VA loan. You should find a lender who has experience navigating this process.

Before you pre-qualify for your new home mortgage, pre-qualify the lender!