What Did the Builder Just Do on Pricing and Financing?

The builder reduced prices from the low $500s to the mid $400s. On top of that, they are offering a 2-1 rate buydown through DHI Mortgage. That means Year 1 is 1.99%, Year 2 is 2.99%, and Years 3 through 30 are 3.99%. APR 4.718%. A new home at a reduced price point with below-market financing changes what the monthly payment looks like compared to what most buyers have been seeing on the market.

This is brand new construction with modern finishes. Not a resale. Not someone else’s dated choices. A new home built the way it should be, at a price and rate that reflect what this builder wants to accomplish right now.

Last week we met with a home builder who is motivated to get their new community sold.

• They reduced prices from the low $500s to the mid $400s
• They are offering below market interest rate Year 3 – 30 is 3.99%
• They are offering a 2-1 rate buydown. * o Year 1 is 1.99% o Year 2 is 2.99%

• APR 4.718%. The mortgage buydown is through DHI Mortgage NMLS #143246. Rates are subject to credit approval and change without notice. This is not a commitment to lend, and not all borrowers will qualify.

What Does the Celeste Floor Plan Look Like?

The Celeste is one of four floor plans available in this community. It is 1,842 square feet, two stories, with three bedrooms, 2.5 baths, and a two-car garage. The primary suite is on the main level. The main floor moves from a welcoming foyer into an open great room and dining area, a kitchen with a pantry, and a powder room for guests. A covered patio with an optional sliding glass door connects the living space to the backyard and the open desert beyond.

Upstairs, an oversized loft creates a generous flex space suitable for a media room, playroom, or home office. Two additional bedrooms and a full bath complete the upper floor. Michael shot video of all four floor plans and the full flipbook is available here: https://publuu.com/flip-book/819637/2451062

What Is the Setting Like Near Vistancia in North Peoria?

Most homes in this community back to open desert. No neighbors directly behind you. Mountain views. City lights at night under a true dark sky. That setting is uncommon for new construction at this price point in the Valley.

The community sits in one of the fastest growing corridors in the Phoenix Valley. Minutes from Lake Pleasant. Close to the TSMC development. Connected to the entire metro via the 303 Loop. The infrastructure is already there. The growth around it is well underway.

What Does This Mean for Buyers Looking at the Northwest Valley?

33 homes are finished and ready for a quick close. Brand new construction, modern finishes, reduced pricing, and below-market financing are available right now in a community where most homes back to open desert near Vistancia in North Peoria.

If that combination is relevant to your situation, the information you need to make a decision is already available. Michael built the flipbook and the video so you can review every floor plan before you ever set foot on site.

Equal Housing Opportunity.

Call or text Michael Hankerson directly at 602-770-7205 if you want more information.

Michael Hankerson | Hankerson Team | Luxury Division