Since inventories are low and the job market is re-stabilizing, people are trying to jump on this margin of opportunity.
Middletown, NY (PRWEB) June 06, 2013
On June 6, Brian Rosen, builder of Highrose Ridge, a neighborhood of new townhomes for sale, comments on the active spring buying season for the new homes market.
According to an article in For Construction Pros, home builders have been reporting a healthy spring buying season, as “consumers become more confident about going forward with a new-home purchase along with steadily firming prices in local markets.”
Brian Rosen, builder of the new neighborhood at Highrose Ridge, says that sales of new homes are on the rise in part because of growing demand and an increase in investment. “Since inventories are low and the job market is re-stabilizing, people are trying to jump on this margin of opportunity.” The shortening supply of material and labor has contributed to the rising cost of construction as well as a “sense of urgency among potential buyers,” reports the article.
According to the article, NAHB Senior Economist Robert Denk believes, “Today’s report is further evidence of the gradual, consistent improvement we have been seeing in housing market conditions over the past year,” and expects to see “continual, solid gains in both starts and sales of new homes going forward.”
The article cites new reports from the Department of Housing and Urban Development and the U.S. Census Bureau, which find that sales of new single-family homes went up 2.3% this April, which translates to a “seasonally adjusted annual rate of 454,000 units.” Across the United States, new home sales increased 3.0% in the South and 10.8% in the West.
With the beautiful townhomes at Highrose Ridge, the second- and third-generation family business at Rosen Property Group returns to its roots as a hands-on residential homebuilder with tremendous attention to detail and a strong commitment to value-driven housing. Designed for first-time home buyers, growing families as well as empty nesters, Highrose Ridge is the perfect place to live.
Highrose Ridge features several spacious three-bedroom, low-maintenance townhome models available in a scenic hillside setting in Orange County. We're selling so much more than just homes: Highrose offers a full lifestyle complete with pool, fitness club and a clubhouse at the heart of the neighborhood. Highrose is conveniently located in close proximity to major highways, including I-84, Route 17 and the New York State Thruway, making it an easy commute to Manhattan, the boroughs, Westchester, northern New Jersey, or anywhere in the tri-state area. It's country living that is completely convenient. Start your family traditions with us! Call: (845) 344-4600 or visit highroseridge.com today to find out how you can secure your dream home.