Posts Tagged ‘custom builders in st augustine’

DEMOLITION! Starr Custom Homes prepares for DreamDesign 33

Sunday, March 19th, 2017

This past week Starr Custom Homes had the exciting opportunity to demolish an existing home as we continue planning for a new home.

The Tilak family bought this beautiful riverfront lot in Beauclerc a few years ago.  The nearly 50-year old home on the property wasn’t worth saving, and we’ve been working with the Tilaks on DreamDesign 33, a 5400 SF custom home to be built on the property.

Within five days we had all evidence of the home, pool, septic systems and landscaping removed, returning the lot to ‘vacant’ status and making it ready for the new home we’re planning for.

Stay tuned for more information on DreamDesign 33!

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Why it might be cheaper to get a jumbo loan

Wednesday, August 21st, 2013

NEW YORK – Aug. 21, 2013 – The summer of 2013 has seen a new kind of blockbuster that could be titled: “Honey, I Shrunk the Jumbo Rate.”

The spread between average rates for jumbo loans and government-backed conforming loans is the narrowest in five years – even with the recent rise in interest rates.

“Our jumbo and conforming rates are neck-and-neck, both on the fixed and the ARM,” said Cyndee Kendall, a Bank of the West senior vice president in the San Francisco Bay Area. “There’s next to no difference between the two.”

The average rate for a 30-year fixed-rate jumbo was 4.69 percent on Aug. 9, compared with 4.51 percent for a 30-year fixed-rate conforming loan, according to HSH.com, which tracks rate trends. Lender enthusiasm for jumbos has generated a 20 percent rise in origination volume just from the first to second quarter of 2013. And by year’s end, volume is expected to hit $220 billion, according to Inside Mortgage Finance, which covers the industry.
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Rate on 30-year mortgage declines to 4.37%

Saturday, July 20th, 2013

by Marcy Gordon, Associated Press

WASHINGTON – July 19, 2013 – Average rates on U.S. fixed mortgages declined this week as concern waned in the financial markets over the Federal Reserve’s possible slowing of its bond purchases this year.

Mortgage buyer Freddie Mac said Thursday the average on the 30-year loan slipped to 4.37 percent. That’s down from 4.51 percent last week but is still near the highest level in nearly two years.

Just two months ago the rate was 3.35 percent, barely above the record low of 3.31 percent. Rates had surged in recent weeks amid concern over the Fed’s bond purchases, which have kept interest rates low.

The average on the 15-year mortgage fell to 3.41 percent from 3.53 percent last week.

Chairman Ben Bernanke said last week the Fed will continue to stimulate the economy, even after it begins to slow the bond purchases.

Even with the recent gains, mortgage rates remain low by historical standards. Low rates have helped fuel a housing recovery that is helping to drive economic growth this year.

Greater demand, along with a tight supply of homes for sale, has pushed up home prices. It also has led to more home construction, which has created more jobs.

Dreambuilder 15 is now on Houzz

Tuesday, June 11th, 2013

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Dreambuilder Custom Homes is expanding its presence on Houzz by posting select pictures of Dreambuilder 15.

You can view the pictures on our Houzz profile page — and please follow us on Houzz for more updates.

This is just another way Dreambuilder is taking advantage of the technology available today — both in marketing and in construction.  Make sure you work with a builder who is up-to-date on the latest technology and design trends for your project.

 

 

Dreambuilder is now active on Houzz

Friday, May 24th, 2013
Dreambuilder 18

Dreambuilder 18

Dreambuilder Custom Homes has joined the Houzz community with our own Professional Profile, and to kick things off we uploaded pictures of our latest custom home, Dreambuilder 18.

Houzz is a great tool that we use with all of our clients for ideas.  Professionals from all over the country upload pictures of their work.  We’re proud to be joining the Houzz community.

Check out our profile on Houzz right now!