Capstone Homes is proud to announce our September 2010 incentives for Holland Mills, Cannery Village, and Pemberton.

This month we are featuring a “Whole House Upgrade”.  Here’s what a Capstone Homes buyer can get in a new home purchased in September 2010:

A Free Basement.  If you don’t want a free basement- we will exchange the basement for a sunroom or a bonus room (for our Delaware new homes that feature upstairs bonus rooms).

A Free 12×12 wood deck.  It will be built on the back of your new Capstone Home, and it will have a wood railing and steps.

A Free Tankless Water Heater- instant, unlimited hot water- and energy savings.  Built by Rheem.

A Free flooring upgrade up to $2,500.  Choose from thousands of flooring selections at a flooring studio, and the first $2,500 you spend is on Capstone.

All this for sales in the month of September 2010.  This offer is subject to change without notice, and it can’t be combined with any other offer.

For more information, visit our Capstone incentives page- CLICK HERE.

Capstone Homes is committed to giving you the best new Delaware Beach Home value!

We aren’t having our grand opening just yet, but we are almost ready to open the furnished Autumn model in Holland Mills.

This wonderful 3BR, 2.5BA home is the latest in comfortable luxury for Delaware New Homes.  The home features a large optional bonus room over the garage and upgraded master bath.  This is a high quality stick built home that has the latest technology for new Delaware Beach Homes.  More to come on the model, but here are some of the photos that show the Autumn in Holland Mills.

The Autumn in Holland Mills

The Dining Room in the Autumn

The Vaulted Great Room

This blog is famous for being positive about the real estate market for Delaware new homes.  The data that has come out this week about new home sales isn’t easy to spin in a positive way- unless you’re in the market for a new home.

If you’re looking to purchase a new Delaware beach home these days, then it’s hard not to imagine that this is a wonderful buying opportunity.  Prices are down, and better deals are to be had.

This BLOG POST talks about how today’s buyer is smarter and will be in better financial shape than the people who purchased new homes in the past.  These people will not be “house poor”- meaning that a Delaware new home buyer is going to be in a better financial position going forward.  That’s a good thing in the long run for the economy.

Capstone Homes offers great deals on our communities- we have single family homes in Cannery Village- a great coastal community with an indoor and outdoor pool for $199,900.  We have large, wooded lots in the gated community Pemberton from $239,900.  There are deals on the site built, energy star homes built by Capstone homes.  Come by the Capstone Homes Sales Center and see the value!

A look inside the Capstone Homes sales center on Route One.

While it may be true that Capstone Homes has a reputation for building great value in smaller homes, you might be surprised to know that Capstone also builds larger projects and completely custom homes.

Capstone is currently building a brand new Delaware beach home next to Dairy Queen on Lewes Beach.  The project, which will result in a 3500 square foot, custom home with amazing views of Lewes Beach and the Delaware Bay, began with a phone call and a vision over 15 months ago.

Capstone Homes has done the entire design build- from a few pieces of paper, to a complete plan and home under construction.  Capstone Homes has the size and scale that allows pricing that is very competitive in the custom home range, while Capstone also is able to access some of the best craftsman building Delaware new homes at the beach.  Capstone brings great value.  This home, when completed, will feature a custom kitchen, geothermal heating an air, along with lots of luxury trim features.  The home priced into the low $100′s per square foot.  That price included all of the special materials needed for the coastal wind zone of Lewes Beach.

Check out the home, and get a blizzard down at Dairy Queen on Lewes Beach!

Capstone Custom Home on Lewes Beach!

Finally, CNBC is telling us something we’ve known at Capstone Homes all along.  People want smaller, nicer homes.  The era of the huge new home where you purchase as much space as you can handle is over.

Smaller, energy efficient homes are something that Capstone Homes has been providing since our founding in 2006.  We have great floorplans that make efficient use of space, and this results in a Delaware new home that is smaller.  It doesn’t mean a Capstone buyer who is looking for a new Delaware Beach Home needs to compromise of a great life in a great home, but it does mean that there is no wasted space in a Capstone Home.

Capstone Homes will build your dream house at a price that will surprise you.  Learn more about Capstone today!

To see the CNBC article, click HERE.

The most efficient way to heat and cool a home, and its available in Capstone Homes’ Bay Landing.

Bay Landing is coming soon, and it has homes with Geothermal HVAC systems.  New homes start at $219,900.

Capstone Home has the best value in Delaware Beach Homes- and Geothermal is the way to go!

For as long as this blog has been written for Capstone Homes, I have talked about the idea that there is no national real estate market.

As I strongly believe that this nation is suffering from a Confidence Crisis as much as it is feeling a Financial Crisis, I offer the following article as evidence that all Real Estate Markets are local-

Bucking decline nationally, home sales are up across Delaware

Here at Capstone Homes, we have been a leader in growing our Delaware new homes business by providing great Delaware beach homes at great prices.  At the Capstone Homes’ Holland Mills community, we have seen over 20 new homes be built and occupied in the last year.  We are growing, and the buying opportunities are amazing right now for people with the vision to see this buyer’s market.

A recent article shows (HERE) shows how real estate has been a better investment than stocks since the year 2000.  That might come as a shock to someone who is thinking about whether a Delaware New Home is a good investment.  I guess it depends on one’s definition of good- as I’m not sure the last 10 years have been great for either Real Estate of stocks.  As least if you purchase a Delaware beach home from Capstone Homes, you’ll have an energy efficient home with a great floor plan to enjoy.  I’m not sure what you get from a stock.

This time in our history will go down as a historic buying opportunity for Delaware new homes like Capstone Homes in our communities like Cannery Village, Holland Mills, and Pemberton.  Interest rates are very low- historical lows, in fact, and mortgages are available for buyers. Capstone has great new homes that are Energy Star rated- from high value communities like Holland Mills to waterfront communities like Bay Pointe.  Capstone has the home you want, and our homes are some of the best built in the industry.  That is what has made Capstone Homes one of the best selling new home builders at the Delaware beaches.

Real Estate beats the S and P 500!

I don’t know how many times I’ve had write this blog entry, but I guess I’m going to write it one more time.

Here we go- housing is going to crash again, and the world is coming to an end.  If I hear another “expert” get up and talk about the “housing market” and how horrible it is.  Let’s be honest- the housing market is very challenging right now.  Capstone Homes is working non-stop to be the best value in Delaware Beach Homes, and it is a hard time to get this done.  Somehow, in the midst of all this horrible news for new home builders, Capstone Homes has managed to reduce our company debt 65% year-over-year.  If we don’t sell another home this year, our sales we be up by over 30% in 2010 over 2009.

So what does that mean- let me say it again.  There is no national housing market.  It’s that simple.

According to RealtyTrac, this is all you need to know about foreclosures:

“10 states account for more than 70 percent of national total
California alone accounted for more than 22 percent of the national total in May, with 72,030 properties receiving a foreclosure notice during the month — up 3 percent from the previous month but down nearly 22 percent from May 2009.

With 50,685 properties receiving a foreclosure filing during the month, Florida accounted for nearly 16 percent of the national total in May despite a nearly 14 percent decrease in foreclosure activity from May 2009. Florida foreclosure activity increased nearly 5 percent from the previous month.

Michigan accounted for 6 percent of the national total, with 20,322 properties receiving a foreclosure notice during the month, and Arizona accounted for nearly 5 percent of the national total, with 16,097 properties receiving a foreclosure notice.

Illinois foreclosure activity decreased 20 percent from the previous month, but the state still accounted for nearly 5 percent of the national total, with 15,061 properties receiving foreclosure notices in May. Illinois foreclosure activity was up nearly 38 percent from May 2009.

Other states with foreclosure activity totals among the nation’s 10 highest were Nevada (14,346), Georgia (13,778), Texas (11,137), Ohio (10,379) and New Jersey (7,993).”

For the entire press release, click HERE.  Even more interesting, Delaware’s foreclosure rate actually DROPPED year-over-year.  See USAToday, Here.  California’s foreclosure rate is 1 in 186 homes.  Delaware’s foreclosure rate is 1 in 1086 homes.  That little zero makes all the difference.  There is no national new home sales market, for most people do not conduct a nationwide search for new homes.  People pick a new home based upon location, so there will be no national new home recovery… there will be individual market recoveries.

My point is that there is a foreclosure crisis, but it isn’t really here in Delaware.  Make no mistake, the housing market is not going to get much stronger until there are some government policies that grow the private sector (and not the government), but it’s a great time to buy.  The Delaware housing market isn’t crashing.  It’s sputtering along, which makes this a great buyer’s opportunity.  If you are in the market for a Delaware New Home, stop by our new sales center on Coastal Highway in Lewes and see the great value in a Capstone Home.

Come here and see the value in a Capstone Home!

Capstone Homes is happy to introduce a whole new way of shopping for a new home.  As Capstone Homes has grown from a small builder in a limited number of communities to one of the largest builders in the region, we have done something that is completely new to the new home sales process for Delaware New Homes.

In early 2008, Capstone Homes opened our current New Homes Sales Center, but we have no expanded into a new location.

The View From Route One

In April of 2010, Capstone Homes began to renovate a small building located at 18334 Coastal Highway, which is located on the main road (Route One) that takes anyone into the Delaware Beach area.  The building is an older ranch home, but Capstone Homes has given it an upscale look on the inside and an unmistakable look on the outside.  On the outside, no one will miss the blue and yellow.  On the inside, the space has been created for a great look at all the new Delaware Beach Homes built by Capstone Homes, and through the use of technology, it will give people a great look at what goes into a new Capstone Home and the wonderful new Capstone Communities.

This is our sales center concept- with more information.  It’s like the previous Sales Center, but this has more space on the inside and a more central location.

Capstone is in the process of expanding its footprint to New Home Communities from Millsboro, Lewes, and Milford, Delaware.  This New Sales Center gives Capstone Homes the opportunity to show the Capstone difference and the Capstone Communities.  That means lots of information for new home buyers, and all that information is in one location.

The New Route One Sales Center has been painted for high visibility!

Capstone is open on Route One 11am-5pm everyday, so stop in a see what Capstone has to offer!