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| San Diego Builder Contributes To Bump In New-home Construction• Eight homes get under way this week at Kensington at Del Sur by Davidson Communities • State and federal tax credits create incentives to buy new homes now
“This is one indication that there is good news out there,” said Davidson, president of Del Mar-based Davidson Communities, noting the 22.2 percent jump in construction of new homes and apartments in February, as reported by the Commerce Department last week. “We know from 30 years of homebuilding experience in San Diego that demand continues for well-priced, well-built new homes in great neighborhoods like Del Sur.” (http://delsurliving.com/ The stylishly appointed homes at Davidson’s Kensington at Del Sur range from approximately 2,660 to 3,156 square feet and offer three to four bedrooms plus bonus room. Pricing is expected to start from the low $700,000s. To join an interest list for the eight homes, call 858-756-2208. Adding to the incentive to buy a new home now are state and federal tax credits for up to $18,000 for eligible new-home buyers. The recently announced California tax credit offers up to $10,000 to buyers who close escrow on a newly built, previously unoccupied home before March 1, 2010, first-come, first served. California has allocated $100 million, so buyers are encouraged to act quickly to take advantage of the limited-time program. The federal tax credit of $8,000 is offered to first-time buyers with an annual income of $75,000 for an individual and $150,000 for dual filers. Buyers must close escrow by Dec. 1, 2009. “Our sales counselors are available to educate prospective buyers on how to truly take advantage of the market,” said Cynthia Monaco, director of sales and marketing at Davidson. With exterior elevations designed by the award-winning architectural firm of R. Douglas Mansfield (http://www.rdmarchitects.com/ Setting a standard in Wi-Fi capabilities, each Kensington home includes a top-of-the-line Category 5 wired backbone, which allows for voice, data, broadband Internet and digital cable access in every outlet in every room. In addition, there’s a wireless network router on each level of the two-story homes, so no additional equipment needs to be purchased or wires have to be run to tap into the latest state-of-the- Kensington is among the green neighborhoods now selling he master-planned community of Del Sur (http://delsurliving.com/ Information on Davidson Communities and its award-winning new home communities is available online at http://www.davidsoncommunities.com/ # # # Scribe Communications is a full-service public relations firm headquartered in San Diego's prestigious La Jolla Golden Triangle business hub. End
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