New Homes and Real Estate at the Delaware Beaches

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!

This is a similar Jackson model just completed in Holland Mills. Optional features may be shown.

For a Limited time, Capstone Homes is offering a Homesite of the Month special in the Delaware new home community of Holland Mills, near Milton, Delaware.  Holland Mills is a 136 lot community located about five miles outside of the Lewes, Delaware beach area.

The homesite of the month is a specific lot in Holland Mills where a buyer can purchase a Jackson home for $199,900.  The Jackson is one of the new floorplans in Holland Mills, and it offers 1388 square feet of living space, a two-car garage, open flooplan living, and energy star certification- on the lot for $199,900.  This special program is for a limited time, and it reflects the core of Capstone Homes- a high quality home at a great price.

This home features single level living, and the Jackson has numerous options that can be added to customize the home.

Holland Mills features lots of open space, community pool and clubhouse, and a quiet location that makes it a great location for a Delaware Beach Home.  Holland Mills is what coastal living is all about.

Capstone Homes is one of the largest locally owned and operated homebuilders in the Coastal Delaware region.

For more information, please visit the Capstone Homes Holland Mills community page and take a virtual tour of a Jackson home.

The Sign in front of the new Capstone Homes Sales Center!

Capstone Homes is happy to give a preview of our new Sales Center to be located on Coastal Highway in Lewes.

The current sales center, on Route 9 in Milton, is going to be closed as Capstone completes a model in the Holland Mills community.

Capstone Homes is currently putting the final touches on the Route One Sales center- located on the southbound side of Coastal Highway (Route One)- just after the Wawa and before the Pelican Square Shopping Center (Super Fresh)

When open, people who are interested in Delaware Beach Homes will be able to see all Capstone communities as well as other information about the Delaware Beaches.  It should be a great source of information for anyone looking at Delaware New Homes.

Check back soon for an update on the construction!

Capstone Homes, a Delaware New Home company committed to providing the best value in new Delaware Beach Homes, is happy to update the public on the progress of our twin homes in Cannery Village.

After some lengthly delays because of issues with the town of Milton and the developers, we have the new twin homes in Cannery Village framed and rolling through the process.  Capstone would like to thank the new Milton administration for getting us out of the ground.

The Concord is a great twin home plan, and Capstone-Homes.com has an interactive floorplan where you can learn more about the Concord- HERE.

These homes are 1570 square feet- three bedrooms, two and one half bath, and the new homes start at $177,900.  It’s a great home with a large kitchen and vaulted ceiling in the great room.

The home, as are all Capstone Homes, is energy star rated, and the twin lots in Capstone Homes Cannery Village are located within walking distance of downtown Milton and the Dogfish Head Brewery.

The Concord Model from $177,900 in Cannery Village, Milton

Capstone Homes twin homes in Cannery Village are new homes that represent some of the best value in Delaware New Homes vat the Delaware Beaches.  Capstone Homes Cannery Village is located just minutes from everything that makes the Rehoboth Beach, Lewes, and Milton area one of the top retirement destinations.

Visit Capstone Homes at our Sales Center, and come see the great value in a new twin home in Cannery Village.

Looking for great value in Delaware Beach Homes? Want to remain active while at the Delaware Beaches?  Capstone Homes is says: Why not try out Quest Fitness in the Villages at Five Points in Lewes? Quest Fitness in Lewes is a full-service fitness facility offering personal training, fitness classes, spin classes, yoga, pilates, nutritional counseling, youth camps, and seasonal kayak tours. Needless to say there is no other place like Quest Fitness in the Milton, Lewes, and Rehoboth Beach area.

Looking to get in shape? Why not try out Quest for their physical trainers. They have one of the largest on site staff of physical trainers in the Lewes, Rehoboth Beach, and Milton area. All of the trainers are heavily qualified and friendly and will work with you to get you where you want to be. Need to change your eating habits? Quest Fitness at the Villages of Five Points has a registered dietician on staff to help you get your eating habits on track. The best part about meeting with a dietician is that she will help you find food you will like to eat, and dieting wont feel like a struggle. Want to try something different than the normal weight training/cardio scene? Quest Fitness in Lewes has spin classes and aerobics classes to try out, or how about pilates and yoga? Quest Fitness in Lewes employs certified instructors and trainers in each of those areas so you will always get the best of help and motivation. Quest Fitness in the Villages at Five Points in Lewes also offers guided kayak tours of the Lewes, Milton, and Rehoboth Beach waterways!

So why not go to Quest Fitness at the Villages of Five Points in Lewes and try out an awesome gym with a great staff.

Capstone Homes is proud to announce the June 2010 sales incentive for all Capstone Homes communities.

Capstone is offering a 50% discount on the first $20,000 in options in all Capstone new homes sold during the month of June 2010.

“I think this represents one of the better values in new Delaware Beach Homes.  This plan gives people a chance to put the features they desire into their home,” says Scott Dailey, Managing Member of Capstone Homes.

Capstone’s standard features already include Energy Star certification, 2×6 exterior walls, and nine foot ceilings on all single family models.  Capstone has popular communities where people want to live.

Capstone features one and two story plans that are available.  These homes feature numerous semi-custom options to create a distinctive home.  Capstone has structural options that can add a basement, bonus room or sunroom to may plans.  Capstone also features energy efficient options like geothermal heating and cooling, as well as some of the more traditional luxury upgrades.

“We offer a level of customization that people find surprising in our price range.  A Capstone home can have a custom kitchen, a custom bath, and literally thousands of flooring options,” says Dailey.

Capstone is one of the largest local builder of Delaware new homes, and Capstone is adding new communities in the coming months.  Capstone is proud to work with local real estate professionals.

Capstone builds in a number of desirable communities in the coastal Delaware region.  Holland Mills, a new home community at the Delaware beaches located between Milton, Delaware and Lewes, Delaware, features single family homes on lots that average one quarter acre.  Holland Mills features a tremendous amount of open space, federally protected wetlands, and wonderful natural views.  Holland Mills Holland Mills features a pool and clubhouse that are completed, and Holland Mills will feature 136 homesites when completed.  Capstone began building homes in March 2009.  Capstone builds seven different floorplans that start in the high $190’s.  Cannery Village in Milton is one of the most distinctive communities at the Delaware Beaches.  Cannery Village features a “Traditional Neighborhood Design” which features smaller lots and alley-loaded garages.  Cannery Village also features a dramatic new community center, which, upon completion, will feature an indoor pool, conference facilities, and an exercise center.  Capstone features twin homes that start in the mid-$160’s and single family homes that begin in the high $190’s.  Pemberton, located outside Milton, features estate sized, wooded lots that are all three quarters of an acre or larger.  Pemberton is a gated community with a dramatic entrance feature.  Capstone builds energy-star rated single family homes from the $230’s in Pemberton.  The Estates at Carriage Springs is a small enclave of large lots located between Milton and Georgetown.  Capstone has wooded lots as large as almost three acres in the Estates at Carriage Springs.  Lot home packages start in the $230’s from Capstone Homes in the Estates at Carriage Springs.

For more information about Delaware Beach Homes by Capstone Homes, please visit www.capstone-homes.com

A picture is worth a thousand words, right?

Okay- so take a look at this house:

This Home is Being Built in Wolfe Pointe- near Lewes Beach- not by Capstone!

This is a high-end, luxury, “green” home very close to the beach in Lewes.  The home is being built by a Washington DC based company called Bethesda Bungalows.  Capstone Homes isn’t building this home, and we at Capstone couldn’t seem to find any info about this house on the Bethesda Bungalow website.  Their website does talk about things like Geothermal heating and air- another luxury feature offered by Capstone Homes!

Capstone is all about value in a Delaware new home.  It’s a safe bet that a Capstone Home in Holland Mills costs a whole lot less than the new home in the photo above.  It’s still a safe bet that you can get a Capstone Delaware Beach Home OR THREE in Holland Mills or Cannery Villagec for the price of this home.  At the same time, we think Capstone is all about value, so take a look at the new home under construction in the Holland Mills community, which is located just minutes from Lewes and the Delaware Beaches.

This is the furnished model under construction in Capstone's Holland Mills community.

Funny, the walls look the same.  The roof looks the same.  That’s because Capstone uses the zip wall and zip roof system- just like the pricey luxury home on the water in Lewes.  The catch is that our house starts for less than $260,000.  The lot that the Bethesda Bungalow cost twice as much as the lot and home package by Capstone in Holland Mills.

Capstone Homes thinks that it means a Capstone Home is a good value.  When you can see high quality features in a Capstone Home that you can see in an extremely high end home, you have a great value.  Capstone Homes is the best value in a Delaware Beach Home- so check us out if the bay front luxury home is out of your price range…

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