6512 Ridgemount Street 5 Bedrooms, 4 Bathrooms 3,168 sq. ft. $284,900
5 bedroom, 4 bath brick-front home with 2-car garage. Game room, screened porch, iron railings. Gourmet kitchen with 42" maple cabinets, granite countertops, stainless steel appliances includes wall ovens, 2 piece crown molding, upgraded carpet/pad, hardwoods on main level, tile baths.
You will receive an extra $500. in FREE upgrades from our Design Studio for your new Standard Pacific Home when you schedule your neighborhood visit by e-mailing me at LLoveless@stanpac.com or by calling me (Leslie Loveless) at 1-800-787-0414 before you visit for the first time.
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Brightleaf Community boasts tons of amenities!

2170 sq. ft. Emery Model Home with 3 BRs, 2.5 Baths and Bonus Room 2802 Prospect Parkway $229,900 - Ready Now! Very rare opportunity to own the Emery Model Home. Great investment, professionally decorated!

All paintings, area rugs and custom window treatment convey! Stunning floor plan with 5” wide hardwood floors, granite countertops, 4 rooms of speakers, professional landscaping, night lighting, irrigation, stamped concrete! Home is immaculate!

You will receive an extra $500. in FREE upgrades from our Design Studio for your new Standard Pacific Home when you schedule your neighborhood visit by e-mailing me at Raleighhomes@stanpac.com or by calling Leslie Loveless at 1-888-222-2412 before you visit.

Click Here to view more neighborhoods

If you're in the market for a new home, now is the best time to buy. Mortgage rates are at historic lows, and home prices have bottomed out in most markets. This is a good week to buy a house!

Volatility in the stock market has investors looking for safer places to stash their cash this week. Despite the downgrades, many investors fled to the relative security of long term U.S. Treasury Bonds, pushing down rates.

Rates for mortgages and other consumer loans tend to mirror the movements in the U.S. bond market. The rates on 30-year mortgages are highly correlated with the rate of the U.S. 10-year Bond. Despite Standard & Poor's downgrade of U.S. debt Friday night, investors still fled to long term U.S. Treasuries Monday through Thursday. The 10-year Treasury bond rate is at all time lows.

Tuesday’s decision by the Federal Reserve to keep the target federal funds rate low until 2013 was a result of considerably slower economic growth. This is the first time the Fed has pegged its low rate to a date and the announcement of the timeframe was aimed at calming nervous investors. A low rate is supposed to stimulate economic growth by making it cheaper to borrow money for consumption or investment. When investors have confidence in the market and have the ability to borrow, money flows out of long-term treasuries into stocks, bonds and commodities. Ultimately, this will causes mortgage rates to rise.

While people continue to worry about the market conditions, U.S. Treasury securities will remain attractive to anxious investors. There is no telling when mortgage rates will go up or how far they will rise. Homebuyers with stable incomes and job security should take advantage of the low 30-year fixed rates now. Buying a home now can allow you to make a significant positive impact on your long term net worth.

Click here to view our move-in-quick homes!

This Weekend Only: 7/8  to 7/10   Take advantage of a unique opportunity to own the home you've been dreaming of - now with 3 great loans to choose from. Buyer must close by 9/5/11.***   3.25% (3.767% A.P.R) FHA 5/1 ARM 60 Day Extended Rate Lock 4.375% (5.36% A.P.R.) FHA 30 Year Fixed Rate 60 Day Extended Rate Lock  4.625% (4.785% A.P.R.) Conventional 30 Year Fixed 60 Day Extended Rate Lock Visit our Raleigh Area Sales Offices for full details

VISIT A STANDARD PACIFIC HOMES RALEIGH/DURHAM NEIGHBORHOOD TODAY    Email Leslie Loveless at lloveless@stanpac.com or call Leslie at (800) 787-0414 to set up a visit to preview any of our Neighborhoods or to find out more information on our current incentives.  OPEN HOURS: Monday 11 - 6:00 | Tues -Saturday 10 -6:00  Sunday: 1-6:00

GO HERE to View Our Raleigh/ Durham Area Neighborhoods  and Move In Quick Homes

*This financing example is based on a sales price of $190,000 with a 3.5% down payment and a minimum credit score of 640.  The mortgage is an FHA 30 year fixed rate loan in the amount of $185,184 (including financed upfront mortgage insurance premium) with an interest rate of 4.375% (5.36% APR) and monthly payments of $1,248.63.  Monthly principal and interest, taxes, mortgage insurance and hazard insurance are included in the above payments. HOA assessments are additional and are not included in the above payment. Interest rates, payments, terms and availability of this loan program, and the sales price, are examples only and are subject to change without notice. Interest rates may not be available at time of loan commitment or closing.  All loans are subject to credit approval. Restrictions and conditions may apply. **This financing example is based on a sales price of $190,000 with a 20% down payment and a minimum credit score of 740 .  The mortgage is a 30 year fixed rate Conventional loan in the amount of $152,000 with an interest rate of 4.625% (4.785% APR) and monthly payments of $929.83.  Monthly principal and interest, taxes and hazard insurance are included in the above payments. HOA assessments are additional and not included in the above payment. Interest rates, payments, terms and availability of this loan program, and the sales price, are examples only and are subject to change without notice. Interest rates may not be available at time of loan commitment or closing. All loans are subject to credit approval. Restrictions and conditions may apply. *** This financing example is based on a sales price of $190,000 with a 3.5% down payment and a minimum credit score of 640 .  The mortgage is an FHA 5/1 ARM 30 year loan in the amount of $185,184 (including financed up front mortgage insurance premium) with an interest rate of 3.25% (3.767% APR) and monthly payments of $1,129.97 for the first 60 months of the loan.  For months 61-360, interest rate will adjust annually based on current index, margin and rate and payment caps.  Monthly principal and interest payments may increase at each annual adjustment.  Rate adjustments may not exceed 1.00% annually to a maximum of 5.00% above the Note rate or 8.25%. Monthly payment may rise to a maximum of $1,715.26 . Monthly principal and interest, taxes, mortgage insurance and hazard insurance are included in the above payments.  HOA assessments are additional and are not included in the above payment. Interest rates, payments, terms and availability of this loan program, and the sales price, are examples only and are subject to change without notice. Interest rates may not be available at time of loan commitment or closing. All loans are subject to credit approval. Restrictions and conditions may apply. **This loan program is available through Standard Pacific Mortgage, Inc. NMLS# 89607 Licensed by the North Carolina Commissioner of Banks Mortgage Lender License Number: L-146109, L-146109-101, L-146109-102.  South Carolina  Board of Financial Institutions MLS-89607 and MLB-135508.  Buyer must obtain financing and close with Standard Pacific Mortgage by 9- 5 -11. Available on non-contingent sales written 7/8/11 - 7/10/11. Homes must close by 9 - 5- 11. Prior sales excluded. See Sales Representative for complete details.

Nationwide D.C. Trip Sweepstakes*

*NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. PROMOTION OPEN ONLY TO LEGAL RESIDENTS OF THE 50 UNITED STATES (D.C.), 21 YEARS AND OLDER. VOID WHERE PROHIBITED. Promotion begins 5/28/11 and ends 9/5/11. Trip prize consists of $5,000 Travelocity Incentives Vacation Gift Certificate. Prize subject to terms and conditions of the Travelocity Incentives Vacation Gift Certificate. For Official Rules, methods of entry, prize descriptions and odds disclosure, visit www.standardpacifichomes.com/AllAmerican. Sponsor: Standard Pacific Corp., 26 Technology Drive, Irvine, CA 92618. Travelocity is a registered mark of Travelocity.com LP.  Travelocity is not affiliated with Sponsor and does not sponsor, endorse, approve or have any responsibility for this Promotion.

 Weekly and Monthly Prize Drawings***

***NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. PROMOTION OPEN ONLY TO LEGAL RESIDENTS OF THE 50 UNITED STATES (D.C.), EXCEPT FLORIDA OR NEW YORK, 21 YEARS AND OLDER. VOID WHERE PROHIBITED. Promotion begins 7/1/11 and ends 8/31/11. For Official Rules, methods of entry, prize descriptions and odds disclosure, visit www.facebook.com/raleigh.homebuilder. Sponsor: Standard Pacific Corp., 1600 Perimeter Park Drive, Suite 125, Morrisville, NC 27650. Facebook, Durham Bulls Baseball Club, Great Wolf Lodge and Carnival Cruise are registered trademarks of their respective owners.  None of Facebook, Durham Bulls Baseball Club, Great Wolf Lodge or Carnival Cruise is affiliated with Sponsor and do not sponsor, endorse, approve, or have any responsibility for this Sweepstakes.

 

If you want to build a new home, you can feel confident in your new home purchase, knowing we’re doing things right every step of the way.

 

1. Meet You Builder

 

You will have the opportunity to meet the experienced Construction Representative who will be proud to build your home to our company’s high standards of excellence.

 

We recommend that only adults attend and that you wear comfortable outdoor shoes, especially during the rainy season when an umbrella and enclosed shoes/boots are advised.

 

At the appointment, you can expect to

 

• Learn about the construction process and the proposed schedule.
• Understand the benefits of our Quality Assurance Certification process.
• Review specific information about your home.
• Confirm your option selections.
• Hear about our safety considerations.
• Spend about 1 to 2 hours for this appointment
• Ask any questions you may have. We’re here to help!

 

2. Open Wall Tour

 

Your Construction Representative will lead this exciting and informative tour through your framed home. This important milestone will provide a construction status update as well as other valuable details. Again, please wear comfortable shoes and bring appropriate outdoor clothing.

 

At the appointment, you can expect to:

 

• View the high level of quality inside the walls of your new home.
• Confirm your structural option selections.
• Review the exterior elements of your home.
• Understand the grading, drainage, and utilities around your homesite.
• Spend about 1 to 2 hours for this tour.

 

3. Quality Assurance Certification

 

Throughout the construction process, internal quality inspections are conducted to ensure that each detail is executed to our high standards.

 

When the home nears completion, it is subject to a final Quality Assurance Certification inspection to ensure that it is complete and ready for your New Home Presentation Tour.

Upon approval, a “Quality Assurance Certification” window sticker is signed and proudly displayed in the front window of your home.

 

If you wish to engage your own third-party home inspector, we ask that you provide us with their information as soon as possible so that the necessary arrangements can be made to provide them safe access to your home to complete their work.

 

4. New Home Presentation Tour

 

About one month before closing, you will receive a letter confirming the dates and times for both your New Home Presentation and New Home Delivery Tours.

 

You will be escorted on a tour of your home by our company’s representative to review every feature and learn how your home functions!

 

You can expect to:

 

• Celebrate the completion of your new home!
• View and confirm the quality features included in each room.
• Ensure that each installation has been made as promised in our Warranty Manual.
• Receive a demonstration of the features of you home.
• Spend about 2 to 3 hours for this tour.
• Ask questions.

 

5. New Home Delivery Tour

 

About five days after your New Home Presentation, we will escort you on your New Home Delivery Tour appointment. You will confirm any adjustments noted on your previous tour and sign a New Home Delivery form.

 

You can expect to:

 

 

• Review the Homeowner’s Limited Warranty and Maintenance Manual.
• Be empowered with knowledge to maintain your home at its optimum level.
• Spend about 1 hour for this tour
• Get ready to close!

 

6. Customer Care Visit

 

At a convenient, pre-determined time after your move-in, a Standard Pacific Customer Care Representative will contact you to make sure your expectations have been met and that you are familiar with how to use and maintain all the wonderful features of your new home.

 

 

7. We Value Your Feedback

 

Standard Pacific has commissioned J.D. Power and Associates, a globally-recognized independent market research firm, to conduct a survey of our valued customers.

 

J.D. Power and Associates will mail 30-day and 10 month surveys that help ensure we continue to deliver a new home experience that meets our high standards for excellence.

 

Completing these surveys is an essential part of our sincere effort to provide an outstanding customer experience. We truly appreciate your participation!

 

 

 

Builder Magazine recently ranked Raleigh NC as the number one healthy market to purchase a home in. The Raleigh area has seen an 85% increase in building permits over the last year.

 The 85 percent increase was by and large on the multifamily side; however, the single-family permits also increased as builders began to recognize better economic conditions.

 People are drawn to Raleigh because of its temperate climate and good employment prospects. The unemployment rate has fallen to 8.4% as jobs are being added to this diverse job market.

 Raleigh is absolutely an affordable place to live, work and play. 

 

At StanPac, we're spreading the love throughout the month of February: Stop by one of our Raleigh new home communities before February 28 and receive free Godiva chocolate! Plus, buyers who purchase a home before the end of the month will receive special "Be Mine" financing.

Chocolate and a sweet financing deal - what's not to love? Hope to see you soon!

©Standard Pacific Homes 2011. *Available for select homes only. This financing example is based on a sales price of $300,000 with a 3.5% down payment and a minimum credit score of 640. The mortgage is an FHA 30 year fixed loan with a 1-0 Buydown in the amount of $292,395 (including financed up front mortgage insurance premium) with a Note rate of 4.75% (5.441% APR). Buyer must qualify for financing at the Note rate of 4.75%. The interest rate is temporarily reduced to 3.75% for Year 1 and is 4.75% for Years 2 - 30. Monthly payments are $1,946.22 for Year 1, and $2,117.35 for Years 2 - 30. Monthly principal and interest, taxes, mortgage insurance and hazard insurance are included in the above payments. HOA assessments are additional and are not included in the above payments. Interest rates, payments, terms and availability of this loan program, and the sales price, are examples only and are subject to change without notice. Interest rates may not be available at time of loan commitment or closing. Maximum allowable FHA loan amounts will be determined by county loan limits. All loans are subject to credit approval. REstrictions and conditions may apply. Seller contributions toward buyer's closing costs including seller paid buydown costs cannot exceed maximum limits established by loan program for which buyer qualifies. ** This loan program is available through Standard Pacific Mortgage, Inc. NMLS# 89607 the North Carolina Commissioner of Banks Mortgage Lender License Number: L-146109, L-146109-101, L-146109-102, the South Carolina Board of Financial Institutions MLS-89607. © Godiva Chocolatier 2011. No purchase necessary. While supplies last. No rainchecks. ** Restrictions apply, varies by community contact your Sales Representative for details. Does not include prepaids and Escrow items. ***Washer Model # WTW 4900, Free dryer model # WED4900XW.

We've got a new look for a new year! Standard Pacific Homes has overhauled our website, and it's pretty cool-looking if I do say so myself. Check it out if you haven't already!

The new StanPac website has some great features - including a Home Financing & Mortgage Calculator, and our special Notebook feature that allows homebuyers to keep track of their home search.

Here's a screenshot of the new site, what do you think?

As always, feel free to contact me here, via Facebook or Twitter, or via the contact information on our website to learn more about our new homes in Raleigh, Durham and the Triangle area.