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Age Qualified New Homes Selling Fast in San Diego!

By
Mortgage and Lending with Watermark Capital NMLS #311662

New construction is making a comeback in San Diego! It is interesting the wide range of product and what seems to be in high demand.

Cal Atlantic Homes (formerly Standard Pacicic) opened a new age qualified project called Auberge with three sets of product lines. Prior to releasing the first phase for sale they held a grand opening weekend, and over 5000 people showed up! They released 25 home the following weekend and sold all of them in a half hour!

The second phase will be relaesed tomorrow butonly available to buyers that are already pre-approved. Demand for well designed communities for boomers is obviously an area that has pent up demand.

 

 

 

Posted by

Matt Brady

Branch Manager, NMLS ID#311662

(858)342-8659 cell |

matt.brady@watermarkhomeloans.com  
8885 Rio San Diego Dr │ Suite 201  San Diego, CA 92108     

 

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BIA SMCBoard Member since 2012

 

 

 

 

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

When you say "age-qualified" do you mean age-restricted? I've always loved working with Standard Pacific and if they were to build 55+ communities here, I'd be thrilled.

Mar 25, 2016 04:00 AM
Matt Brady
Watermark Capital - Del Mar, CA
One of San Diego's Best Equity Advisors

Yes Nina Hollander, this is 55 plus. We started using age -qualified a few years back because it seemed better than age restricted. Since Standard Pacific merged with Ryland to form Cal Atlantic, I though Ryland may be more active in your area.

Happy Easter!

Mar 25, 2016 05:16 AM