September 2011

15 Ways to Save on Your Energy Bill This Month

by Shea Homes Arizona on September 28, 2011

1. Install a programmable thermostat to keep your house comfortably warm in the winter and comfortably cool in the summer.

2. Lower the thermostat on your hot water heater to 120°F.

3. One of the most cost-effective ways to make your home more comfortable year-round is to add insulation to your attic. Check out the unique way we’re doing this at Shea Homes here in Phoenix.

4. During the heating season, keep the draperies and shades on your south-facing windows open during the day to allow the sunlight to enter your home and closed at night to reduce the chill you may feel from cold windows.

5. If you have a heat pump, don’t set back its thermostat manually if it causes the electric resistance heating to come on. This type of heating, which is often used as a backup to the heat pump, is more expensive.

6. Clean or change air filters once every four to six weeks.

7. Avoid placing lamps or TV sets near your air-conditioning thermostat. The thermostat senses heat from these appliances, which can cause the air conditioner to run longer than necessary.

8. If your air conditioner is old, consider purchasing a new, energy-efficient model. You could save up to 50% on your utility bill for cooling. For more information on energy efficient appliances, click here. [read more…]

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FHA Announces New Loan Limits to Take Effect October 1st

by Vanessa Linn on September 26, 2011

 

On October 1, 2011, the Federal Housing Administration (FHA) will implement new single-family loan limits as specified by the Housing and Economic Recovery Act of 2008 (HERA).  As a result, FHA will reduce loan limits in the highest cost metropolitan areas of the country while limits would remain unchanged in most other parts of the nation.

These new loan limits were scheduled to take effect in January of 2009, but continuing strains in credit markets led the Congress to delay implementation. The result has been nearly three years of higher loan limits for some areas based on the Economic Stimulus Act of 2008 (ESA).

The conventional home loan limit will remain at $417,000 nationally and the high balance limit will be lowered to $546,250 in San Diego County.  So, buyers can still buy a home up to $566,000  with 3.5% down, those intending to put 20% down can stay within the limit on a purchase up to $682,000. Rates remain historically low, so it remains a great time to purchase.

For those with eligibility, VA loan limits for 100% financing remain at $537,500. Higher loan amounts up to $1,000,000 maximum guarantee are available with graduated down payments.

For higher dollar purchases, this move will encourage more banks and investors to get back into the mortgage business. As the government moves out of the space above $546,250, private money will begin to fill the void.  Down payment requirements may be higher, but rates are still very reasonable and more programs are now available for self-employed and high net worth clients.

Visit our web site for information about all San Diego area new homes by Shea Homes.

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Boulevard by Shea Homes is the latest collection of Shea condominiums designed for Silicon Valley living at its best. These homes maximize space, offer top-of-the-line features and are reasonably priced (especially for its amazing location!). And, of course, they are built by Shea, which is synonymous with quality construction and a great home buying experience.

All Boulevard homes offer generous porches and decks, rich Italian-inspired architecture and beautiful color palettes. Designer features include hardwood flooring in the living/dining area and kitchen, cabinet color and style options, granite slab kitchen countertop selections and stainless steel appliances.

There are two Boulevard floor plans that are ready for move-in in October and December. Both are 3 bedroom, 3.5 bath end units that include a two-car garage, English brown granite slab countertops, beautiful rich sienna finish cabinetry throughout and are approximately 1,591 square feet. Prices start at $583,478.

Aside from a great home, the community living is vibrant. Conveniently located near Santa Clara’s thriving businesses, cultural centers and thoroughfares, Boulevard has its own centrally-located park.

This is a great community for first-time home buyers, downsizers, move-ups, singles, couples, and young families. There’s a lot of flexibility for your lifestyle. We hope you’ll check it out.

For more information,visit our website or stop by and visit us in our sales office at 1958 Hillebrant Place, Santa Clara, CA 95050. We’re open daily 10am – 6pm and Wednesdays 2pm – 6pm. You can also call us with questions at (408) 260-8508.

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Shea Homes is now selling quick move-in homes throughout San Diego, including affordable communities like Mosaic at Lomas Verdes in Chula Vista and Mandolin at Del Sur in San Diego. Several homes will be ready for move-in before the end of the year.

Mosaic at Lomas Verdes

Mosaic at Lomas Verdes Streetscape

“Now is the time to take advantage of this once-in-a-lifetime opportunity to buy a new home in San Diego,” said Vanessa Linn, Vice President of Sales and Marketing for Shea Homes. “It’s the most affordable time in over a generation because interest rates are lower than they have been in 50 years.”

Priced from the low $200,000s, quick move-in homes at Mosaic at Lomas Verdes span 1,175 to 1,605 square feet and have 2 to 3 bedrooms and 2.5 to 3.5 bathrooms.

Mosaic has all the community amenities renters request and homeowners value, including a pool, workout center, parks, trails, greenbelts and more. Mosaic is close to shopping as well. For more information, call (619) 482-1301.

Featuring the only attached homes for sale in the master-planned community of Del Sur in San Diego, Mandolin also offers affordable, quick move-in homes. Priced from the mid $400,000s, Mandolin homes have 2 to 4 bedrooms, 2.5 to 3 baths and span 1,643 to 2,333 square feet.

Mandolin at Del Sur

Mandolin Exterior

Mandolin community amenities include high-scoring Poway Unified School District neighborhood schools and plentiful parks, many with solar-heated swimming pools. For more information, call (858) 832-1368.

In addition to Shea Homes’ most affordable new home communities, the San Diego homebuilder has quick move-ins now selling at: Agave, Amber, Clover and Sapphire at Windingwalk in Chula Vista; and Chaparral Ridge in Escondido.

Shea Homes is committed to delivering incentive programs to help bridge the gap between renting and owning. Shea Homes participates in a national grant program that offers financial aid to first-time and move-up buyers, does not have to be paid, and can be used toward a down payment or closing costs. CRHMFA Homebuyers Fund (CHF) Platinum Program is available through Shea Mortgage.

Visit us on the web for information about all San Diego area new homes by Shea Homes.

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Six Steps to a Beautiful Pool – Care for your pool like an expert

September 21, 2011




With over 130 years in construction, at Shea Homes, we consider ourselves experts in the field of building science and energy efficient homes. However, when it comes to backyard living, we tip our hats to Shasta Pools, another family owned company in Arizona who has been building master pools since 1968. We got to spend […]

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Ten things to do in Phoenix

September 14, 2011




Here are a few things around Phoenix that we’re excited to check out in the next several weeks. We hope this will help as you plan some fun family activities this fall.  Every Thursday –     Scottsdale Art Walk on Main Street. Check out this great weekly tour of Old Town Scottsdale art galleries.  Every […]

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Shea Homes Helps Renters Become Homeowners

September 9, 2011




SAN DIEGO (Sept. 10, 2011) – Does owning a home make sense for you? There are many practical reasons to stop paying rent and buy a home: tax advantages, low interest rates, and it’s the most affordable time in a generation to buy. The numbers don’t lie.  Use the payment calculator and get lots more […]

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Guest Blog: Lifetime Renter Turns Homeowner– It’s Easier Than You’d Think!

September 9, 2011




  Over the next few weeks, we’ll be publishing some guest blogs from our homeowners on what it’s like to transition from renter to homeowner. This week, we’d like to thank Erin for sharing how she made the leap to homeowner and is now enjoying  many advantages. For almost a year now, I’ve lived in the Mondrian […]

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Kings Soopers Coming to Reunion MarketPlace Center

September 7, 2011




  With construction equipment moving in the background, more than 40 attendees celebrated the official groundbreaking for the 123,000-square-foot King Soopers MarketPlace in Reunion’s ‘Reunion Marketplace Center’ in Commerce City.  The new store, opening in fall 2012, will be the cornerstone for Shea Properties’ 22-acre retail center located at 104th Avenue and Chambers Road.

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Reaping the benefits of community – How HOA’s and block watches can help your neighborhood

September 7, 2011




There are many benefits to living in a community environment.  It can provide the opportunity to meet your neighbors and form relationships with them.  But, aside from long lasting friendships, there are many other ways that neighborhood cohesiveness can prove beneficial to you.  Home Owner Associations and Block Watches are two examples of groups that […]

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