More millennials buying homes without parents’ help

2017-01-11_10-49-39Younger homeowners are increasingly buying first homes, without the Bank of Mom and Dad.

Sometimes they go it alone out of a desire for independence; sometimes it’s a reflection of their parents’ financial realities. Whatever the reason, area real estate agents say the trend speaks well of millennial homebuyers.

According to the National Association of Realtors, millennials were the largest generation of homebuyers in 2015 at 35 percent, and 67 percent of them were first-timers. The association’s 2016 “Profile of Home Buyers and Sellers” report notes that the second-most popular way for first-time buyers to finance their down payment was a gift from a relative or friend, at 24 percent – a drop from 27 percent in 2015. (Savings was the preferred choice among 76 percent of respondents.)

Full story at NorthJersey.com >>>

‘Quick Move-In’ Homes Help Buyers Fulfill New Year’s Resolution at Maple Fields in Orange County’s Middletown

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Tremendous buying opportunities still remain at Maple Fields for the many young families and professional couples who have excitedly made buying a home their primary New Year’s resolution.

The collection of upscale three-bedroom townhomes in the Orange County, N.Y. City of Middletown currently offers an inventory of “Quick Move-In” homes with occupancy dates just 30-90 days after purchase.  This means first-time buyers entering the housing market can not only realize the dream of homeownership in early 2017, but also be residing in their new suburban address well before spring.

Including in the “Quick Move-In” townhomes is a 2,329 square-foot Wallkill design available immediately.  The Wallkill home is perfect for a growing family with an open layout boasting kitchen with breakfast area, living room, dining room, master suite with lavish master bath and walk-in closets in every bedroom.  There’s also an outdoor deck or patio and two-car garage. The home is priced from $316,440.

“The ‘Quick Move-In” homes at Maple Fields are perfect for those who want the New Year to start with a new and exciting milestone,” says Elizabeth Bauer, Director of Sales and Marketing for developer Baker Residential.   “Buyers can purchase a brand new home that’s well within their budget, close quickly, and be living in their dream residence in just a few short weeks.”

In all, three townhome designs are offered at Maple Fields, priced from $275,400.   Residences range in size from 2,274 to 2,329 square-feet of living space and provide a long list of upgrades in the purchase price, including 2 ¼” prefinished hardwood flooring on the first floor, gourmet-inspired kitchens with breakfast nooks, stainless steel kitchen appliances including the refrigerator, attached two-car garages, finished basement, and washer and dryer.

“We also have a select number of premium homesites which back directly up to a wooded 13 acre-plus conservation area that has been dedicated and can never be disturbed,” says Ms. Bauer.  “These townhomes also offer expanded decks and walkout basements, priced from $281,900.”

Residents at Maple Fields also have access to on-site recreational amenities, including a community clubhouse, tot lot, 1/2 basketball court and a sparkling outdoor pool.

Maple Fields’ is ideally located within close proximity to Route 17, Route 84, the New York State Thruway and express buses and trains into Manhattan.

The Maple Fields sales office is open daily from 10 a.m. to 5 p.m. For additional information on the community, please call 914-461-9208 or visit http://www.maple-fields.com.

About Baker Residential

Baker Residential, a White Plains. N.Y.-based family owned and operated real estate concern which has created hundreds of new home communities of great distinction and uniqueness that are home to thousands of families in New York, New Jersey, Connecticut, Pennsylvania and the Carolinas. The company was formed five decades ago based on a commitment to quality, excellent personalized customer service and creativity in each home design.  This mindset has enabled the company to Homes themselves provide “A Difference You Can See.”

 

 

Maple Fields in Orange County’s Middletown Reports Strong Sales and Development Activity

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Baker Residential’s Maple Fields in Orange County, NY

MIDDLETOWN, N.Y. – Maple Fields has raised the bar for sales success in New York’s historic Hudson Valley with more than 100 of its upscale townhomes sold less than two years after opening.

The strong sales activity has positioned the collection of 196 three-bedroom residences in Orange County’s Middletown as one of the region’s most active new home communities with construction moving along swiftly on several new townhome buildings and more and more residents celebrating the completion of their dream home every week.  In fact, eleven families have joined the suburban neighborhood and taken up residence at Maple Fields since the start of the New Year alone.

“2016 has already been a tremendous success at Maple Fields as we grow into an active, established residential neighborhood and pick up speed on our construction timeline,” says Elizabeth Bauer, Director of Sales and Marketing for developer Baker Residential.

“As we start to turn the page on winter and look forward to spring’s warmer weather, we fully expect sales and development activity to increase even further in the months ahead.  The progress we’ve experienced has made Maple Fields Orange County’s signature new residential addresses.”

Baker Residential has released the third phase of three-bedroom townhomes at Maple Fields to accommodate the strong buyer demand.  Priced from $265,900, homes in the newest housing phase range in size from 2,274 to 2,329 square-feet of living space and provide a long list of upgrades in the purchase price.  Homebuyers receive designer finishes including 2 ¼” prefinished hardwood flooring on the first floor, gourmet-inspired kitchens with breakfast nooks, stainless steel kitchen appliances including the refrigerator, attached two-car garages, finished basement, and state-of-the-art washer and dryer.  Continue reading