LOS ANGELES, CA-- Potential homebuyers have many reasons to purchase a home now: low pricing, homebuilder incentives and government tax credits. With brand new homes in highly-desirable communities, Lennar gives homebuyers many reasons to purchase new by offering top quality, low pricing, and a solid warranty--the competition just can’t measure up.
Lennar homes offer a value that far surpasses bank-owned and resale properties. In July, Lennar is putting forward some of their finest offers on all homes so potential homebuyers can step into the housing market and see why Lennar homes are the measure of excellence.
According to the Housing Opportunity Index, compiled by the National Association of Homebuilders and Wells Fargo Bank, housing prices are at their most affordable level in two decades. While nationwide home sales have been uneven, California was one of only six states that had a year-over-year increase in home sales, reporting an 80.6% boost, according to the National Association of Realtors.
Historically, buying a home has often been the better long-term decision as opposed to renting. According to MSN Money writer, Liz Pulliam Weston, “homeownership can help you build wealth over time.” Oftentimes, homebuyers are able to build equity, receive significant tax deductions and may even have the added benefit of price appreciation over long periods of time.
“In addition to energy-efficient features and designer-select amenities, Lennar offers an array of family-oriented floor plans and excellent community locations because we understand the most important aspects of a dream home are beyond measure,” said Tara Conklin, Vice President of Sales and Marketing for Lennar Inland Empire/ Los Angeles. “We go above and beyond to give homebuyers that unique Lennar added value—other homes just can’t measure up to the benefits of a Lennar home.”
In addition to low pricing, first-time homebuyers are taking advantage of an up to $8,000 federal tax credit that can be used toward a down payment or to cover closing costs*. However, homebuyers must act quickly as the federal tax credit has only been approved until Nov. 30, 2009.
Universal American Mortgage Company of California, Lennar’s preferred lender, is also offering low interest rates and select Lennar communities are offering extra incentives. Every home is highly upgraded, including granite kitchen counter-tops, front-yard landscaping and GE® appliances.
Unlike other previously-owned properties, Lennar homebuyers are the first residents to move into their brand new home. Lennar homes are not plagued by any of the customary issues associated with bank-owned or resale properties, and all Lennar homes come equipped with brand new flooring, new appliances, and new cabinets.
Lennar offers 18 different communities throughout Los Angeles County and the Inland Empire, ranging from approximately 1,219 to 3,800 square feet and prices starting as low as the upper $100,000’s.
Lennar will celebrate the grand opening of its newest Valencia community, Artisan, July 11 with special move-in offers and exclusive incentives. Homebuyers can be among the first to move into one of Artisan’s charming three-bedroom townhomes, located in the master-planned village of West Creek. Starting in the mid $300,000s and ranging from 1,513 to 1,997 square feet, Artisan’s three-bedroom, two and one-half bath townhomes provide thoughtfully-
In Palm Springs, homebuyers can take a sneak preview tour of Lennar’s Escena in anticipation of the grand re-opening July 18. Ranging from approximately 1,952 to 3,472 square feet and starting in the upper $300,000’s, Lennar’s Escena communities offer 12 distinct floor plans featuring a mix of modern and retro architectural styles reminiscent of Palm Springs circa 1940’s and 1960’s. Palm Springs’ first golf course community in 20 years, Escena Palm Springs is a gated residential retreat ideal for homebuyers who like to express their personal style and enjoy the serenity and relaxation of desert living.
Homebuyers can sign up for the complimentary VIP Program to receive special offers and the latest information for Corona’s Laurel Creek community, opening soon. Starting in the $300,000’s, Laurel Creek at Meadowside boasts three to five-bedroom homes close to great schools, shopping centers and an abundance of recreational amenities.
“In this housing market, with a plethora of home options, homebuyers need to ask themselves: why wait any longer to get into the home of your dreams?” said Tara Conklin. “At Lennar, we make it easy to purchase a home by offering brand new move-in ready homes and financing options through our preferred lender, so homebuyers can spend less time buying and more time living.”
Celebrating its 55th anniversary, Lennar has grown to become one of the nation’s leading homebuilders. With hundreds of Communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has long distinguished itself by simply including everything as standard under its motto, “Everything You Want, Everything You Need, That’s the Logic of Lennar®.”
Welcome Home Centers are open daily from Thursday thru Sunday, 10 a.m. to 6 p.m. and Wednesdays from 10 a.m. to 1 p.m. For a complete list of Communities in your area, call (866) 314-6430.
For further information about the Federal tax credit visit FederalHousingTaxCredit.com.
Buyers are encouraged to speak with their tax advisor and check out helpful links and resources on www.LENNAR.com.
*Federal tax credit is for any individual (excluding a non-resident alien) who has not owned a principal residence during the past three years and is purchasing the new home as their primary residence. Lennar cannot provide guarantees of actual savings and does not guarantee the homebuyers’ qualification for the federal tax credit. Tax Credit is subject to 3-year ownership requirement. Offer good for a limited time only. Prices are subject to change without notice. Stated dimensions and square footage are approximate and should not be used as representation of the home's precise or actual size. Lennar Homes of California, Inc. - License No. 728102. Lennar Sales Corp. - DRE Lic# 01252753. UAMC of CA, an equal housing lender is licensed by the Department of Corporations under the California Residential Mortgage Lending Act; Copyright © 2009 Lennar Corporation and Universal American Mortgage Company, LLC. All rights reserved. 6/09
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