Perry Homes showcases former model home in Pine Mill Ranch

Perry Homes in Pine Mill Ranch, located off Katy-Gaston Road, offers homeowners all the conveniences of Houston with a Katy address.

Homes in two homesite sections, including a former model home, are available for move-in or are under construction with move-in availability later this month. Perry Homes built in the 70-foot homesite section are priced from the $250,000s and range from 3,000 to 6,100 square feet. Perry homes built in the 55-foot homesite section are priced from the $180,000s and range from 2,000 to 3,400 square feet.

Ready for move-in is a former model home in the 70-foot section. Plan 3750W at 26610 Godfrey Cove Court has four bedrooms and 3 ½ baths in 3,750 square feet.

This two-story home is loaded with upgrades including accent-painted rooms, wrought-iron balusters and custom model home draperies.

Formals showcasing hardwood floors frame the two-story entry, while a spacious family room boasting 11-foot coffered ceiling hosts a cast-stone fireplace. The island kitchen has GE stainless-steel appliances, granite countertops, ceramic tile backsplash, recessed can lighting and 42-inch job-built cabinets. The master suite, on the first floor, is complemented by a garden tub, separate glass-enclosed shower, double sinks and walk-in closet in the bath.

Upstairs, a game room shares the space with a library and a home theatre room with sconce lighting, riser seating and pre-wiring for surround sound.

Abundant storage and linen closets, ceramic tile flooring in the family room, front and back yard landscaping, a covered patio and an upgraded brick-and-stone exterior add to the appeal of this home.

Also ready for move-in is 26626 Clear Mill Lane, Plan 2632W. Built in the 55-foot homesite section on a cul-de-sac street, this two-story home has four bedrooms and 2 ½ baths in 2,632 square feet.

The entry opens to a formal dining room and a two-story living room highlighted by a wall of windows and a fireplace. The island kitchen features GE appliances, granite countertops, recessed can lighting and 42-inch job-built cabinets.

A garden tub with a glass-block window, separate glass-enclosed shower, double sinks and walk-in closet are featured in the master bath.

On the second-floor, a large game room overlooks the living room below. A two-car detached garage completes this home.

Pine Mill Ranch, a 585-acre master-planned community in Katy, features Fiber-to-the-Home technology, offering access to a telecommunications system based on fiber-optic cables to every household. The system can deliver services such as telephone, broadband Internet and television.

Students in the community attend Katy Independent School District schools.

Pine Mill Ranch offers easy access to Grand Parkway and Westpark Tollway, providing a route to the Galleria area and downtown Houston. Residents can also enjoy shopping, dining and entertainment at nearby Katy Mills Mall, The Gardens at Westgreen shopping center and the LaCenterra Town Center.

Community amenities include a toddler’s playground and a splash pad. Proposed amenities include a recreation center with tennis courts and a swimming pool, walking trails and a lake.

To visit Perry Homes in Pine Mill Ranch, from Grand Parkway south, exit F.M. 1093. Turn right onto F.M. 1093. Turn right on Katy-Gaston Road and right on Cinco Ranch Boulevard. Turn left on Katy-Gaston Road. Katy-Gaston Road turns into Spring Green. Turn left on Pine Mill Ranch Drive and right on Pine Mill Landing Lane. From Pine Mill Landing Lane, turn left on Millstone Hollow Lane and left on Godfrey Cove Court for homes in the 70-foot homesite section. From Pine Mill Landing Lane, turn right on Rocky Ledge Lane for homes in the 55-foot homesite section. Perry Homes Sales Centers are open until 6 p.m. daily.

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Homebuyers still have time to spend their holidays a place they’ll love – Perry Homes

Perry Homes reminds homebuyers there is still time to visit many communities throughout the Houston area to select a new, completed inventory home in time for the holidays.

Recently, Perry Homes and new homeowners were able to complete the closing process in about a day – the second fastest closing time in Perry Homes’ history. While not all closing procedures can be completed this rapidly, homeowners who are ready to choose a new home today may be able to quickly move through the purchasing and closing process and move in to a new home before the holidays.

Plus, homebuyers who close on a completed inventory home by the end of the year may be able to take advantage of the homestead exemption, saving them thousands of dollars on their property taxes.

Perry Homes offers an array of one-, two- and three-story homes and townhomes, priced from the $130,000s to the $700,000s and ranging from 1,200 to more than 7,200 square feet, in more than 50 Houston-area communities. Completed inventory homes are available in most communities. Buyer incentives may also be available. See a Perry Homes Sales Professional for more information.

All Perry homes feature open designs, abundant windows and ample storage space. Most homes also offer spacious kitchens with islands, master baths with garden tubs and separate glass-enclosed showers, and elegant accents including columns, arches and art niches.

Perry Homes uses high-quality products in the construction of new homes and offers the two-year Workmanship Warranty – double the industry standard and part of the 10-year Texas structural warranty.

Perry homes are also built to meet or exceed both the Greater Houston Builders Association’s Green Building Initiative and Houston Energy Star guidelines designed to increase energy efficiency and protect the environment.

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Perry Homes in South Shore Harbour’s Shoreline Cove offers homes ready for move-in, under construction

Perry Homes in South Shore Harbour invites homebuyers to visit the Shoreline Cove section this weekend and explore an exciting collection of one- and two-story floorplan designs on ¼-acre homesites – South Shore Harbour’s largest available homesites.

Perry Homes in Shoreline Cove offers a selection of homes priced from the $300,000s and ranging from 3,200 to 6,100 square feet on oversized, homesites, including some waterside sites. Only 20 homesites remain in Shoreline Cove.

Ready for move-in just in time for the holidays is 2920 Port Rose Lane, Plan 4898, a two-story home with four bedrooms and 3 ½ baths in approximately 4,898 square feet.

The home’s two-story entry opens to formals, both showcasing hardwood flooring, and leads to spacious two-story family room anchored by a corner fireplace and highlighted by a wall of windows. Ceramic tile flooring stretches through the entry, family room, kitchen and morning area.

An island kitchen features GE Profile stainless-steel appliances, granite countertops, ceramic tile backsplash, recessed can lighting and 42-inch job-built cabinets. A butler’s pantry, designed for convenience when serving meals, is set between the kitchen and formal dining room.

Secluded on the first-floor is the master retreat with a fireplace peninsula in the master bedroom and sitting area and a six-jet whirlpool tub, oversized glass-enclosed shower, dual vanities and two walk-in closets in the master bath.

The upstairs game room and second-floor landing overlook the family room and are accented by wrought-iron balusters. A computer area with a built-in desk and a home theatre room with sconce lighting, riser seating and pre-wiring for surround sound share the second floor with three bedrooms, a full bath and a Hollywood-style bath.

Adding to the curb appeal of this home are a two-car attached garage with a one-car detached garage, a porte-cochere, a motor court and an upgraded brick-and-stone elevation. A covered flagstone patio and backyard landscaping complete this home.

South Shore Harbour, a 2,200-acre master-planned community nestled along the southern shores of Clear Lake, is in League City off Texas 96 and South Shore Boulevard.

Resort-style community amenities include South Shore Harbour Country Club with a 27-hole championship golf course, South Shore Harbour Marina, Fitness Center at South Shore Harbour, neighborhood recreation centers, pools, pocket parks and lighted tennis courts.

Students in South Shore Harbour attend Clear Creek Independent School District schools.

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RealtyFone Announces Agreement with Casa Latino

Scottsdale, Arizona, December 10, 2007 - Real Estate technology firm RealtyFoneTM and its parent TeamfoneTM based in Scottsdale, AZ have announced an agreement with Casa Latino Franchise Corporation to offer a comprehensive telephone listing hotline with online applications developed for Casa Latino real estate agents that enables them to provide prospective homebuyers with recorded, faxable and downloadable information about a property. REALTORS® around the country that are using similar but more expensive services have already realized the benefits of this advanced technology. They report that the average number of inquiries range between 50-120 per month per listing with numbers higher in high growth markets.

Kenny Drake, Teamfone’s Chief Operating Officer said “the program, named TeleCasaLatino will provide Casa Latino’s real estate agents with a simple front-end for potential buyers, a mix of caller information in English and Spanish, measurements of marketing effectiveness, and an easy to use telephone and online interface, TeleCasaLatino gives real estate agents a powerful tool to help aid in the sale of properties 24 hours a day 7 days a week. In addition to hearing recorded property information and prices, consumers can automatically receive property information by fax and choose to be instantly connected by phone to the Casa Latino listing agent”.

RealtyFone co-founder and retired Phoenix Sun basketball player Eddie Johnson commented that “RealtyFone and it’s related operations will continue to develop industry leading technology products and services and deliver them at low cost to large and mid sized real estate systems. We understand that Casa Latino Real Estate is the leader in the Latino real estate space and we expect their system to grow rapidly both in the US and internationally so we were pleased with their decision to partner with us for this service. We developed a proprietary web based interface to enable Casa Latino’s agents to deliver desired market information to the public efficiently and inexpensively”.

Launched in 2005 in Connecticut, Casa Latino offers franchisees unprecedented culturally specific and significant back office support, training, marketing tools, advertising, coaching, and much more to ensure their success. The franchise royalty model encourages a variety of agent compensation programs which dramatically enhances a broker’s ability to recruit agents. The low franchise fee and an exceptionally low transaction based royalty structure make Casa Latino an extremely attractive opportunity.

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Bush Mortgage Plan Assures Recession

The mortgage rescue plan to help subprime borrowers by President George W. Bush assures that the U.S. economy will fall into a deepening recession in 2008, perhaps even a depression, according to an in-depth analysis conducted by Housing Predictor.

More than 2-million mortgages made to subprime borrowers are due to have their interest rates increased in the next 18 months. The plan will help only an estimated 240,000 of those borrowers, according to Barclays Capital. Barclays determined this figure by extrapolating from a similar plan approved in California.

Many subprime borrowers cannot afford the new higher rates and are expected to suffer from foreclosure as a result.

Housing Predictor was the first to forecast that more than 3-million homes will be foreclosed as a result of the subprime crisis through 2009, and has not yet extended it’s forecast into future years. The credit crunch has produced the worst housing crisis since the Great Depression, slowing real estate sales in the over-whelming majority of the nation.

Home values in the majority of the country are falling as buyers have become uneasy over the nation’s financial future and are nervous about entering the market place or making a move to put their homes on the market to resell.

Investors on Wall Street are also nervous and financial markets continue to swing as a result of the credit crunch economic uncertainty.

The investment and real estate speculative market was at its highest threshold in the nation’s history at the height of the real estate market boom. In addition to the more than 2-million homes that will be foreclosed through the end of the year as a result of the subprime problem, an estimated 1.5-million homes, condos and other properties mortgaged by investors are due to have their interest rates reset in the next three years.

The crisis has broadly extended into the conventional mortgage market and is expected to take a major toll on the national economy sending it into a major recession at the least, which the Bush administration won’t have to deal with in the future.

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