Mosiac Walk is a huge hit with home first time homebuyers. In just the first four weeks of home sales, Mosaic Walk has sold 14 homes. Phase 2 has just been released and sales continue to be brisk.
Many sight the main reason they purchased at Mosaic Walk was not just the pricing from the low $300s, but that being centrally located in Orange County was also an important factor in deciding to purchase there.
Now that the California Legislature has passed Governor Arnold Schwarzenegger’s proposal to extend the $10,000 first time home buyer tax credit starting May 1, 2010 until December 31, 2010, even more homebuyers will be looking to take advantage of that first new home purchase.
Great tax news for first time homebuyers at Mosaic Walk.
Both Governor Schwarzenegger and the State Legislature have taken a critical step in reinvigorating the state’s economy by passing and signing AB 183, a bill which will provide a $10,000 tax credit to home buyers. With the housing industry making up some 11% of the state’s overall Gross Domestic Product, an increasing number of economists and policy-makers agree; the recovery of the housing sector is essential to the recovery of the state’s economy. Slumping new home production has been steadily killing jobs for the past two years.
The home buyer tax credit will go into effect May 1, and will provide $200 million in tax credits for both new home buyers and first-time buyers of existing homes. Buyers can claim up to $10,000 or 5 percent of the home price (depending upon which is less), for the purchase of a new home. Buyers must reside in their home for a minimum of two years and there is no income requirement. Even though the program is set to expire at the end of the year, buyers can’t wait too long, last year’s tax credit was extremely popular and funding was already dried up by mid-summer. Several Orange County builders experienced substantially higher new home sales as soon as the previous tax credit went into effect last year.
Kristine Thalman, CEO of the Building Industry Association of Orange County comments, “The reality is new construction creates jobs – up to 3 new jobs for every single home built. Renewing the homebuyer tax credit is a critical step in creating jobs and generating positive economic activity for the state. Since new construction generates approximately $16,000 in state tax revenues alone, the new tax credit would more than pay for itself. The companies that are directly and indirectly affected by the housing industry reach across nearly every sector of our state’s economy. It’s not just home builders that will benefit; its trade contractors, professional services, news publications (ads), local small businesses, not to mention the considerable tax benefit to both the state and local governments. We applaud Gov. Schwarzenegger for taking decisive action in extending the tax credit program and putting people back to work. This truly is a win-win situation for the state and the economy as a whole.”
The rain held and we were able to roll out the red carpet for 35 excited new homebuyers at our VIP Event on Saturday March 6th.
The tent was filled with anticipation and the intoxicating smell of fresh omelets from the make your own omelet bar.
8 homes out of the 11 put on sale sold in 3 hours. Phase 2 will be released this weekend so even if you missed the VIP Event, you still have a chance to grab a premium home site before they are sold out.
Stay tuned for more exciting homebuyer news.
Be sure to visit Mosaic Walk before this Saturday March 6th if you want to get on our VIP Red Carpet Event List. More than 35 anxious homebuyers can’t wait to select their favorite floorplan and location for only 11 homes available in phase one.
You must be pre-qualified to get on the list so if you have been putting it off, don’t wait! See you on Saturday rain or shine!
Mosaic Walk basks in the sun in Southern California. Living in suc an exciting area with hundreds of attractions is the reason so many people flock here to escape the bitter winters of the east coast. Being so close you will want to experience all that Orange County and Southern California has to offer.
Here are our top ten suggestions of attractions in Southern California that are a must visit.
Hollywood Boulevard: Watch where you step! Here on the sidewalks are where the starts of TV, Movies, and entertainment have their own stars in the pavement. Follow the boulevard and count how many you know.
On the famous Sunset Strip, you can grab a beer at Whiskey A Go Go, where Janis Joplin, Jimi Hendrix, and Led Zeppelin performed. This is also where you can find the Viper Room and many fascinating shops and boutiques.
Pacific Coast Highway: This is a long, scenic stretch of highway that runs the entire length of the state. Find a place to pull off and relax on the beach while watching the tide roll into shore.
Universal Studios: This amusement park is also a busy working studio. If you are lucky, you may catch a glimpse of your favorite celebrity!
Disneyland: The granddaddy of theme parks. How great that this theme park is right in your own backyard! Be sure to get a Fast Pass to bypass long lines for rides. Get a Southern California Select Annual Passport and go for a few hours any time you want!
San Diego Zoo: This is one of the pre-eminent world zoos, with more animals and exhibits than almost any other zoo. Be sure to get a map, sunscreen and some bottled water to prepare for the 1-2 days needed to experience this park.
Santa Monica Pier: This famous pier is one of the best places to people watch. Visit Venice and Muscle Beach. Bring a camera and capture the picturesque Ferris wheel and the shops on the pier at night.
Newport Landing Whale Watching: The whales swim right up to your boat and wave their tails in the air for the tourists. You can also take a guided boat tour for a closer look at the giant sea mammals.
Knotts’ Berry Farm: Visit the Ghost Town attraction and be sure to sat for the world famous Mrs. Knott’s Chicken Dinner. just don’t ride the coaster after you eat.
Sea World: Head on down the coast to San Diego as a day trip and experience the water parks terrific shows, see Shamu, aquatic wildlife and even dolphins you can pet.
Buying a new home in Orange County? Here is a list of fun and exciting activities that you and your family can enjoy. The task of relocating can be quit exhausting, you can relax by visiting one of Orange County’s many affordable attractions.
• Disneyland – If you are thinking about visiting southern California you can come to Disney land. 9am to 11pm you can see shows ride rides and eat at some amazing restaurants. Here you can find some special savings if you are thinking about taking a trip to the happiest place on earth.
• Knott’s Berry Farm – Considered Americas first theme park, Knott’s Berry Farm is a great amusement park located a short distance from Disneyland. You can find some great savings if you are thinking about coming to visit.
• Universal Studios – Is a Hollywood themed park that is known for its thrilling park rides and shows, a real working movie studio. If you buy online you can visit Universal Studios Hollywood for a unique experience that is fun for the whole family.
• Lego Land – An amazing theme park brought to you by the timeless classic Lego. With amazing 3-D tours and you can become a hero on more than 50 super rides. Here you will find pricing for Lego Land in Orange County California.
• Santa Ana Zoo – Located in Orange County, taking your family here is a great educational experience. You can visit the zoo for under $10 and spend all day exploring the 20 acres of urban oasis. Here you can find more information about the zoo.
• Medieval Times – Go back in time with a visit to unique Medieval Times. You can live like kings enjoying the food and shows here. For more information about show time and pricing visit their website.
So you just purchased your new home at Mosaic Walk and now it is time to make it your own. One of the least expensive an effective way to achieve that custom look is with paint. Simply painting an accent wall can literally transform your space. Plus you can generally do it yourself in just a few hours!
Head out to Lowe’s or Home Depot and be sure to bring in a fabric sample of an item that will be in the room.
Be sure to prep your space for best results. See this self-help video to make for a perfect painting experience.
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