Rancho Sahuarita’s two new-home builders, Richmond American Homes and KB Home, are preparing for a busy spring buying season.
The spring season is historically a strong time for home sales. Many buyers start their search in the spring months with plans to close on their new homes and move during the summer.
The spring market is expected to be particularly robust this year as buyers try to lock in low interest rates, which are currently at historic lows. With mortgage insurance premiums also declining and down payment requirements as low as 3%, the door to home ownership is open to buyers of all incomes and financial situations.
“The next few months are a great time to buy a home in order to take advantage of still historically low interest rates that are expected to rise as the year progresses,” says Ginger Kneup of Bright Future Real Estate Research, a firm that has been analyzing the Tucson housing market for twenty years.
“Buyers in most areas of Sahuarita can take advantage of low-to-no down payment options as well as lower costs for first-time home buyers in an FHA program. New home options in the area offer buyers extremely good value with remarkable energy efficiency and negligible maintenance costs while the existing inventory of homes for sale in Sahuarita is of a higher quality than it has been in many years,” says Kneup.
Buyers who were hesitant about committing to a home purchase in the past may find that today’s historically low interest rates make a mortgage payment more manageable than they thought.
Seller incentives are also abundant right now, especially for buyers who purchase a new construction home. KB Home and Richmond American Homes offer various incentives to buyers who purchase one of their new homes.
Rancho Sahuarita is partnering with Richmond American Homes and KB Home to offer a home-buying workshop and open house in March. The two-part event will be particularly helpful for those who want to own their own home but don’t think they can due to the upfront costs. Any individual who wants to own a home is invited to learn about how they can get into a brand new house.
The first part of the program will be hosted at Club Rancho Sahuarita on March 3 at 6:00 p.m. Industry experts from KB Home and Richmond American Homes will lead a discussion on today’s market conditions, including historic low interest rates. Learn about programs and incentives that can get you into your own home with minimal upfront costs.
On Saturday, March 7 from 10:00 a.m. – 6:00 p.m., Richmond American Homes and KB Home are hosting an open house at their sales offices. Attendees from the first session, as well as the general public, who are interested in learning more about buying a new home are invited to drop in at the Richmond American and KB Home sales centers that day. Enjoy food, drinks, and more at the Sales Offices during this special open house!
Tour new home models, view floor plans, and meet the team of new-home professionals who’ll show you home designs and quality décor choices, and offer expert advice. Work with a specialist to determine what your upfront costs and your monthly mortgage payments would be!
****Special incentives will be offered by Richmond American and KB Home to people who attend both the first and second sessions. ****
Space is limited at the March 3 workshop! Secure your spot! Register by emailinginfo@ranchosahuarita.com
March 3 Workshop, 6:00 p.m. | Rancho Sahuarita Clubhouse
March 7 Open Houses, 10:00 a.m. – 6:00 p.m. | KB Home and Richmond American Sales Offices
KB Home Sales Office – 13858 S. Camino Acelga
Richmond American Homes Sales Office – 859 W. Calle Ocarina