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Industry News

By Ashley AffeldtPublished: April 01, 2010


Buy a new K. Hovnanian® home with the confidence and satisfaction of knowing you will get a low monthly mortgage payment. When interest rates rise and prices drop, monthly payments can still increase. Act now!
   
A $300,000 mortgage at a 5 percent fixed interest rate has an approximate monthly principal and interest payment of $1,611. If the mortgage price drops to $280,000 while the interest rate climbs to 6 percent, the approximate monthly principle and interest increases to $1,679. The $68 monthly difference results in you making higher payments every month for a lower-priced home. Why pay more waiting for prices to go down when interest rates are going up?
   
K. Hovnanian® Homes® is the No. 1 choice for value-priced residences in desirable locations. With new home prices ranging from the mid $100,000s to the high $400,000s, K. Hovnanian® has the right home to fit your lifestyle and budget.
   
Interest rates are on the move. Act now! Purchase your favorite K. Hovnanian® home today. For driving directions and sales office hours, go online and visit khov.com/socal!
   


Combining carefree townhome living with a gorgeous country club setting, Shea Homes’ Harbor Station offers attainable access to the master-planned golf course community of Glenwood in Aliso Viejo. A prime example of Harbor Station’s appeal is the distinctive Plan 3, a three-story residence that is priced from the mid $400,000s.
   
Measuring approximately 1,574 square feet, Plan 3 offers a variety of highly desirable features, beginning with a spacious great room that opens to an adjoining deck, creating a versatile indoor/outdoor space that can accommodate cozy family gatherings one minute and festive occasions with guests the next. In addition, the home encompasses three bedrooms: a master suite on the third floor and a secondary bedroom and bath on the ground floor.
   
Shea Homes Southern California is a division of Shea Homes Limited Partnership, one of America’s largest privately held homebuilders. As a member of the Shea family of companies, which celebrated its 125th anniversary in 2006, Shea Homes has won numerous prestigious awards for quality, integrity, innovation and customer satisfaction. Shea Homes’ pursuit of excellence is typified by Shea Superiology, the art and science of designing and constructing homes that offer homeowners superior value by maximizing their quality of life, minimizing their costs and making a positive contribution to the environment. For additional information, please visit the company’s website at sheahomes.com.

For submissions: Contact Ashley Affeldt at 949.757.1404, ext. 264, or at aaffeldt@churmmedia.com.