HillCrest Happenings

Part III – Millennials are Purchasing at HillCrest Village

March 28, 2018 / 0 comments

Part III of an article by Jim Fuhrmann, originally published on SouthingtonPatch.com.

Empty-nester couple, Terri & Steve Eddings remained in Colorado for seven years after their son moved to Queens, New York, but once he was married, they decided it was time to get closer.  

“Location was the number one priority, but we couldn’t afford Long Island,” said Terri, “and we liked Southington.  It’s close enough to New York and an awesome 15-minute commute to Steve’s job in Cromwell.”

Like their millennial neighbors, Terri and Steve don’t want to spend weekends taking care of their property, so they love the small, low maintenance yards at HillCrest Village.

Amenities over size – Both age groups opt for amenities over size in their homes, and HillCrest delivers on their most desired features, including a separate laundry room and a mud room or drop zone, plenty of closets and gathering space, as well as luxury finishes like granite counters, tile showers and stainless steel appliances.

“The standard finishes are really nice here,” said Terri.  “You don’t have to upgrade much.  We talked to a builder in another development, and everything was extra.”

For Terri and Steve, who are in their 50’s, first-floor living was a must.  The Bolton model they chose, gave them a master suite on the first floor and another upstairs, which will be perfect for their visiting son and daughter-in-law.  A 3rd bedroom will do double duty as Terri’s craft room and the loft will function as Steve’s office.  According to Terri, “it felt like home the moment we walked in.”

Part II – Millennials Are Purchasing at HillCrest Village

March 28, 2018 / 0 comments

Thirty-something schoolteachers, Anthony & Stephanie Ciuffo bought the Fulton model at HillCrest Village.

Part II of article by Jim Fuhrmann  originally published on SouthingtonPatch.com

“Our friends, Keith and Vanessa were one of the first buyers at HillCrest,” said Anthony.  “When our second son was born, we decided it was time to purchase, and we chose HillCrest too.  What you get in the standard package here is much better than other subdivisions we saw.  There’s a lot to do in Southington; the school district is good, and last month my gas bill was only $29.”

 

According to Anthony, “Our friends Dan and Megan were renting, and when they got pregnant, they decided to purchase a home just three houses down from us.  And my wife, Stephanie is encouraging one of her teaching colleagues to buy here too.  They’ve been back twice.”

Millennials and empty nesters have a lot in common.  Both young couples and empty nesters favor new, smaller size homes, and HillCrest Village buyers are split right down the middle between millennials and empty nesters.

In a repeat of 1940’s neighborhoods, where grandparents lived down the street from their grandchildren, the parents of two young expectant couples at HillCrest Village have purchased homes at HillCrest too.  They plan to help out with their new grandchildren.

Part I – Millennials Are Purchasing Their 1st Home at HillCrest Village

March 6, 2018 / 0 comments

By Jim Fuhrmann (article published on SouthingtonPatch.com)

Millennials Are Finally Moving to the Burbs!

Young couples and empty nesters are choosing HillCrest Village in Southington.  Thirty-something millennials are getting married and starting families, and many want the life of their baby-boomer parents — the house in the “burbs” and the SUV.

At age 32, Ashish and FairyDahria were looking for a smaller, more affordable home in a desirable suburb, and they prefer new construction.  It was a tough challenge, until they found HillCrest Village in Southington.  The new two-story Tiverton model at HillCrest “suited our needs” according to Ashish.  It had a walk-in closet, laundry room and drop zone, and at $349,900, it was affordable enough for them to realize their dream of buying a new home.

“We will have a lot of family coming over, so we love the open floor plan and private back yard,” said Ashish.  The young couple visit every Saturday to see the construction progress on their new home, and they will be moving to HillCrest in April.

The Built-in Benefits of Buying a New Home

April 3, 2017 / 0 comments

April is new home’s month!

We all know that there are many obvious benefits to buying a new home – builder warranties, energy efficient mechanicals, new appliances etc., but what about the “not-so-obvious” benefits?

Grilling shot
In a recent article published by the National Association of Home Builders, making new friendships is cited as one of the top not-so-obvious benefits of buying a home in a brand-new community. Often builders host community events, providing the perfect opportunity for residents to break the ice and connect with one another.  To discover more “built-in” benefits of buying new read the full article here.

Alex’s Lemonade Stand at HillCrest Village June 12th

June 3, 2016 / 0 comments

Lemonade is pretty popular these days (thanks Beyoncé). What’s even more glorious than this classic summer drink is a world without a few key pests, mainly YouTube commercials, the grass that grows between bricks, humidity, and iPhone screen cracks. I think we’d all agree, though, that in the choice between eliminating every maddening yet minor inconvenience in the world and eradicating cancer, we’d raise all four limbs for the latter. Or three limbs, if the fourth is holding a glass of lemonade.

Alex’s Lemonade Stand is a foundation that targets childhood cancer research, focusing on new treatments and cures while also empowering young generations to engage in the cause. Our team at HillCrest Village in Southington is holding a fundraiser on Sunday, June 12th from 12:00pm to 5:00pm to help Alex’s Lemonade Stand in their timeless efforts.

Please join us at 544 Meriden Waterbury Turnpike in Southington, as the money we raise will fund research for childhood cancer treatments. See you there…we will be delighted beyond measure to exchange sticky smiles with you. And by the way, who would’ve thought that simple citrus could propel such goodness and change? Cue Beyoncé.

The Top 5 Reasons Why Millennials Should Buy a Home Right Now

November 20, 2015 / 0 comments

Since the 2008 housing crisis, many millennials have come-of-age, graduated from college, married and even started families. The next logical step is buying a home, however, many millennials have been holding back because of the traditional steep home prices and fluctuating market.

Well, the good news is that many of the traditional obstacles have diminished and now is a better time than ever to buy a home. Here are the top 5 reasons why millennials should buy a home right now:

  1. Buying is cheaper than renting
    According to real estate website Trulia, “buying a home is 23% cheaper than renting nationwide for millennials.” This is great news whether you plan on staying in your area long term or moving to a new area. In fact, in all but two cities in the country, it is significantly cheaper to buy than rent.
  2. Homebuying has become more affordable
    Wave goodbye to the traditional 20% down payment and high interest rates. Today, more lenders are amenable to about half to even a quarter of that amount. And, what’s more, interest rates are the lowest they’ve been in three years, which means that now it’s even more affordable to reduce your down payment.
  3. Get out of your parents’ house
    The number of adults aged 18 to 34, excluding full-time college students, who live independently has dropped 4% since before the housing crisis according to a study by the Pew Research Center. Many millennials are moving back home after college to save money. Without the expense of rent, food, utilities, internet service…the list goes on…employed millennials should have an easier time coming up with a 5% down payment to finally allow them to get a home of their own. And, hey, your mom can still pop over with a casserole once in awhile.
  4. Information at your fingertips
    With the explosion of the internet, millennials now have more information than ever to make a solid, informed decision when purchasing a home. Sites like Trulia, Zillow, and others make browsing for homes that much easier. And search engines are your best friends when it comes to figuring out all the financial ins and outs of homebuying.
  5. Cool is not just for cities anymore
    With more and more young people moving out of the cities, small towns and suburbs are becoming the new hot spots. Added bonus: the cost of living in these areas is significantly cheaper than nearby cities. So, now is the time to become a trailblazer and hit the up-and-coming neighborhoods around you before they become so popular you get priced out.
Features today's buyers want!

Building for the Future
Developers Building For a Mix of Millennials And Empty Nesters

October 28, 2015 / 0 comments

By Jim Morrison untitledCommercial Record Staff

Thursday, October 15, 2015

 

When Millennials and Baby Boomers decide to buy new homes en masse, what will they be looking for? That’s the million-dollar question, and a couple of developers think they’re on to the answers.

Elizabeth “Liz” Verna is the owner of Wallingford-based development firm Verna Properties and a past president of the Home Builder’s Association of Connecticut. One of Verna’s current project is Hillcrest, a 98-unit residential development in Southington aimed at attracting a mix of Millennials and downsizers. Verna said so far the mix has been split right down the middle.

“My kids are Millennials. I have friends whose kids are Millennials,” Verna said. “I hear a lot of them saying, ‘I need to start my life.’ Empty-nesters are also starting a new phase in their life.”

Verna said the two groups have a lot in common. They want smaller, low-maintenance homes on smaller, low-maintenance lots. They want to buy in good towns that will hold their property values and that offer good restaurants, good opportunities for recreation and relatively easy access to highways and the city.

“Downsizers like to call themselves ‘rightsizers,’” Verna said. “They’re young, they’re vibrant; they don’t all want to live in a 55-and-over community. They want to live among a good mix of people.”

That’s been the case for some time, but Millennials are new arrivals to the market. Verna said Millennials aren’t interested in buying a large home, filling it with children and living there forever, like their grandparents did. Verna said they are smart consumers who know exactly what they want, and they want to live in diverse neighborhoods.

“Millennials are independent and they want everything new,” Verna said. “They want to own their own plot of land and they don’t want to be told what to do by a condo association. They also don’t want a huge yard, but they may want space for a small, organic garden. And they definitely want a nice outdoor space for entertaining, and we offer all that.”

Verna said many Millennials have high-paying jobs, but they tend not to have a lot of money saved for the typical 10 percent to 20 percent down payment required by most builders. So Verna worked with lenders to develop a program where they can buy a new home at Hillcrest (starting at $369,000) with just 5 percent down.

Verna uses BuilderTrend, a construction management software that affords every homebuyer their own user ID. They can log in from anywhere in the world to see the progress of the home as it’s being built. This and other new technologies, she said, have a particular appeal to Millennials.

“Technology is a big thing,” Verna said. “We offer one model that’s all tech-ed out. You can control the thermostat, the lights and the garage door opener from your iPhone. And every house has high-speed wireless Internet access.”

– See more at: http://www.commercialrecord.com/news165367.html?utm_source=twg&utm_medium=email&utm_campaign=crWeekly_101515#sthash.rHA4eu0o.dpuf

Southington’s HillCrest Village voted Best Small Lot Community in CT

October 23, 2015 / 0 comments

On Tuesday, November 10th, 2015, over 700 housing industry professionals will gather at the Aqua Turf Club in Southington for the 22nd annual Home Building Industry or HOBI Awards – the largest most consistently successful Builder Awards Program in the country. Sponsored by the Home Builders & Remodelers Association of Connecticut (HBACT), an affiliate of the National Association of Home Builders (NAHB), the HOBI Awards is Connecticut’s most prestigious recognition of excellence in home construction, home technology, sales and marketing, home financing and community service.

There are several hundred entries each year, and winners are selected by a panel of industry leaders with years of experience in home building, remodeling and design. The judges review applications, and then travel the state for several days, touring the homes and interviewing entrants.

This year, Southington’s HillCrest Village was recognized with two state HOBI Awards – BEST SMALL LOT COMMUNITY and BEST SINGLE FAMILY HOME $300,000-400,000.

According to HOBI Awards Chairman, Joanne Carroll, new construction judges included Farmington architect, Jack Kemper, Kemper Associates, New London County builder, Nick Uccello, Uccello Development and Fairfield County builder, Peter Schneider.

“The judges were impressed that HillCrest Village is ideally designed to meet the needs of both young millennials and empty nesters, with smaller sized lots that are easier to maintain and customized homes that are affordable and less costly to heat and cool,” said Carroll. “We also liked how HillCrest accommodated the demand for technology. The thermostat, lights and garage door opener in the Ascot model can be controlled from an iPhone, and every house has high-speed wireless internet access.”

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The Home Builders & Remodelers Association of Connecticut is the trade organization for the home building industry in Connecticut. It represents more than 1,000 member firms in homebuilding, remodeling, land development and related industries with five local chapters. HBACT works to solve industry problems and promote industry growth, while upholding the highest degree of professionalism, work ethic, skill and integrity. www.hbact.org

PARADE OF HOMES – Sunday, October 18th from 12 pm – 4 pm

October 7, 2015 / 0 comments

HillCrest Village will be one of 6 new home communities that will be featured in the HBRA of Central Connecticut’s “Parade of Homes” event on Sunday, October 18th.

This year’s tour will showcase homes in Cheshire, North Haven, Northford and Southington, providing buyers with a unique opportunity to meet Central Connecticut’s finest builders and developers. Each community featured on the tour will offer educational insights on new home construction and the latest trends, in addition to offering an overview of their community featured on the tour.

For more information about the Parade of Homes tour please visit www.POHCT.com or contact us at (860) 621-5455,

Housing Trend – What Women Want: Homes that make life easier

October 5, 2015 / 0 comments

By The Hartford Courant > SOUTHINGTON – Large houses on big lots are losing their appeal to homebuyers who are gravitating toward properties that are easier to maintain and less costly to heat and cool. But today’s busy women want something more – homes that help simplify their lives.
“Women are the primary decision makers in 91 percent of new home purchases,” says Joanne Carroll, publisher of Connecticut Builder magazine and producer of the HOBI Awards for the Home Builders & Remodelers Association of Connecticut. “They want homes designed to help hem relax, entertain and most of all organize their lives.”

These designs include “drop-zones” adjacent to an attached garage for mail, coats and boots. Pantries with lots of space and island eating bars, where kids can grab an after-school snack and do homework. Second-floor laundry rooms with lots of storage space and soaking tubs for de-stressing are also popular.
These home trends are popular with young families as well as Baby Boomers, Carroll says.

“Homebuyers are focused on price, value and the amenities that make their lives easier and less stressful,” Carroll says.

Other home features that have not only retained their popularity with buyers but have become more popular each year include high ceilings, open floor plans, hardwood floors, mud rooms, kitchen islands with barstools, large walk-in showers in master baths, as well as porches, decks, outdoor kitchens and fireplaces. Carroll says.

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