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Summit plan. We have one left at Dream Finders Homes Berthoud, CO MLS 793327

Heritage Ridge - Berthoud Colorado. Dream Finders Homes

Toll Brothers home builder looking for new land in low places

Farms and undeveloped land on the suburban fringe were long the go-to place when home builders looking to expand. But a big shift in buyer preferences in recent years has pushed the hunt into some unusual areas.

Toll Brothers home builder looking for new land in low places

Subprime Bonds Are Back With Different Name

(Bloomberg) -- The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don’t call it subprime.

Hedge fund Seer Capital Management, money manager Angel Oak Capital and Sydney-based bank Macquarie Group Ltd. are among firms buying up loans to borrowers who can’t qualify for conventional mortgages because of issues such as low credit scores, foreclosures or hard-to-document income. They each plan to pool the mortgages into securities of varying risk and sell some to investors this year. JPMorgan Chase & Co. analysts predict as much as $5 billion of deals could get done, while Nomura Holdings Inc. forecasts $1 billion to $2 billion.

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Builders’ New Power Play: Net-Zero Homes

LAS VEGAS—Net-zero homes are going mainstream, if the home-building industry has anything to do with it.

The homes, which generate more electricity in a year than they use, have long been viewed as a niche product for the affluent who can afford custom homes. The chief problem is that it is expensive to get a home to net-zero status, and many customers aren’t willing to wait several years for their electricity-bill savings to cover the thousands of dollars they would have to spend on net-zero features such as solar panels and energy-efficient windows, doors and appliances.

But some builders, motivated by what they deem as rising demand from home buyers and state and local regulators, are aiming to change those perceptions by designing such homes for the mass market. Such a model home—the latest in the National Association of Home Builders’ annual New American Home series showcasing new-home designs —is on display this week in a hillside neighborhood 7 miles from the Las Vegas Strip as part of the trade group’s International Builders Show.

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Luxury home sales rise

Luxury home sales in the Denver area rose slightly more than 19 percent in November, compared with November 2013, according to a report released today.

A total of 81 luxury homes sold  in November, up from 68 in November 2013, a 19.1 percent increase, shows the report by Coldwell Banker Residential. The report is based on Metrolist data.

Meanwhile, the median sale price of a luxury property last month was $1.322 million, down fractionally from a year ago when it stood at $1.325 million.. November’s median sale price was up 5.2 percent from October.

Homes also sold at a faster pace on average in November than they did a year ago, and sellers received a higher percentage of their asking price on average.

                

http://insiderealestatenews.com/2014/12/15/luxury-home-sales-rise/