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Amazing Buescher Home in Hawthorne Park Estates

Sunday, May 6th, 2012

Buescher hpe

The annual Fort Wayne Home Builders Town and Country New Home Tour featured this amazing Buescher homes at Hawthorne Park Estates. Bob Buescher’s ability to design a home specifically for the selected home site is fully demonstrated in this home that takes full advantage of the pond views and future pool view from almost every room in the home. Hundreds of visitors were impressed with Bob’s designs.

 
Hawthorne Park Estates is the most popular new community since Hawthorne Park dominated the luxury new home market from 2001 – 2005. Section I of Hawthorne Park Estates was sold within the first 4 months of completion. With the Parkview Regional Medical Center within walking distance of Hawthorne Park Estates, this is the perfect location for new home buyers.

For more information on Hawthorne Park Estates, call Kim Ward at 260-437-9844. North Eastern Group Realty agents are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.  

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Hawthorne Park Estates gets finishing touches!

Friday, March 23rd, 2012

hpe rip rap

The beautiful weather we have been experiencing in Fort Wayne has allowed us to begin the finishing touches on our newest project, Hawthorne Park Estates. Hawthorne Park Estates is located within walking distance to the new Parkview Regional Medical Center on Dupont Road in Fort Wayne.

Contractors have begun installing the rip rap around the four enormous ponds.  The ponds are fed by wells that replenish the water supply at a rate of 80 gallons per minute! This will ensure that the ponds stay full during the hottest summer days and the fact that this ground is at the top of the watershed helps ensure that the ponds will be clear and beautiful, free from regular amounts of run off.

In addition, the entrance signs are currently under construction. Gorgeous mountain top boulders have been painstakingly selected to carry the HAWTHORNE PARK ESTATES logo.

At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions including new contruction opportunities. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.  

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Home Builder Stocks Surge

Monday, March 12th, 2012

Daily Real Estate News | Monday, March 12, 2012

A growing number of reports are revealing higher interest from buyers in real estate, prompting an analyst with Credit Suisse to upgrade five homebuilder stocks, sending several builder stocks soaring Friday.

Three stocks — DR Horton Inc., Lennar Corp., and Toll Brothers Inc. — were upgraded to “outperform” from “neutral.” Builder stocks Meritage Corp. and Ryland Group Inc. were also raised from “underperform” to “neutral.” 

Analyst Daniel Oppenheim, who upgraded his ratings, says he expects homebuilder stocks to rise 18 percent this year and 19 percent in 2013. 

Oppenheim says recent surveys of real estate agents have revealed that buyer traffic is strong. In fact, he says one recent buyer index survey reached its highest point since 2005, the year the survey began and also during the housing boom.  

"Should the stronger traffic trends continue, we should see potential for a further upside to volume," Oppenheim said about the homebuilder stocks.

Source: “Builders Rally on Improved Real Estate Outlook,” The Associated Press (March 9, 2012)

North Eastern Group Realty agents are experts are new contruction and are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.  

Posted in Fort Wayne Homes for Sale - Builder News

When Will the Housing Supply Normalize?

Monday, March 5th, 2012

Daily Real Estate News | Monday, March 05, 2012

The housing supply is expected to normalize in two to four years, Barclays Capital projects, assuming that household formation rates increase to 1.1 million and construction remains slightly above 2011 levels.

Household formation--which is a reflection of population growth and housing affordability--has drastically dropped since 2007, reaching about 300,000 to 500,000 per year. Historically, the rate is about 1.25 million.  

Home prices will likely see a 1 percent appreciation this year (that’s after falling 3 to 4 percent through March), Barclays Capital estimates. It is also projecting a 1 percent price appreciation in 2013, followed by 2 percent to 3 percent appreciation levels. 

But to reach those goals, the housing supply needs to continue to shrink first. 

"We think this will be achievable only if household formation exceeds net construction for a sustained period," Barclays says. 

Source: “Barclays: Housing Supply Could Normalize in 2014,” HousingWire (March 2, 2012)

The REALTORS at North Eastern Group Realty, are prepared to assist clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.

North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.  

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