Spotlight On: The Grand Central at Signal Hill

The Grand Central is one of two brand new home designs offered at Signal Hill Station in Manassas, Virginia. This stunning townhome boasts a spacious three-level floor plan with 3-4 bedrooms, 2.5-3.5 baths, a 2-car garage and up to 2,288 square feet of space. The Grand Central is a truly “grand” townhome with a stunning, spacious feel you’re sure to love. Don’t believe us? Let’s take a look inside:

Great Room: The Grand Central’s spacious great room features an open floor plan, with expansive windows that let in plenty of light. The design of the Grand Central’s great room also includes an optional fireplace, and leads to an optional deck, fully screened porch or combination of the two for the ideal indoor-outdoor living space!

Kitchen: The Grand Central’s kitchen includes two walls of distinct cabinetry, state-of-the-art stainless steel appliances and an oversized granite island for even more counter space.

Dining Room / Flex Room: The dining room, which also doubles as a convenient “flex-space”, is able to effortlessly fulfill a number of uses, whether you’re looking to use this space as a dining room, additional living room or study. As you can see, the expansive windows let in plenty of light and truly illuminate this flexible space!

Master Suite: Moving onward to the upper level, the Grand Central’s Master Suite includes an optional tray ceiling. Complete with an expansive walk-in closet and a deluxe master bath with his and her vanities, this is one master suite you’ll never want to leave!

Additional Bedrooms: Last but certainly not least, the upper level of the Grand Central is also home to 2 additional bedrooms, each with plenty of space and a sizable closet. There is also an option to add a 4th bedroom to the lower level of this home to give you even more living space.

For more on this truly stunning townhome, be sure to check out the Grand Central on FacebookHouzz and Pinterest!

Housing Market Trends to Expect in 2016

Now that 2015 has come to a close, what should prospective homebuyers expect in 2016? Read on to discover a few emerging trends we expect to appear over the course of the next year:

Consumer Confidence On The Rise: According to a recent article by RealtorMag.com, homeowners are more upbeat about home values, with an increased HPPI (Home Price Perception Index) in November 2015 over that of the previous year. This increased confidence in home values nearing the close of 2015 will likely translate into a continued increase in consumer confidence in 2016. According to RealtorMag.com, although homeowners are ” traditionally more bullish on prices, the gap between home owner and appraisal estimates is narrowing.” 

New Home Sales Expected To Drive Home Sales: According to Realtor.com, the new home sector is expected to see the largest amount of growth out of any sector of the real estate market in 2016, with an expected 16% year over year increase in new home sales. In fact, according to the NAR, total sales for both new and existing homes in 2016 are expected to reach 6 million for the first time since 2006!

Cost of Renting Will Soar: According to Zillow’s 2016 Forecast, median rent prices will rise to unprecedented levels over the course of the next year after Americans Paid $535 Billion in Rent in 2015. The high amount of rent being paid in 2015 was due to a surge in the number of renter households in the US, along with rising rent prices in general.

Suburban Living Expected To Expand: According to housing experts at Zillow, a continuous lack of affordable homes within many large cities will push young and first-time homebuyers alike into the suburbs. Zillow’s Chief Economist Svenja Gudell commented in a recent blog post: “When they get there, they’ll be looking for amenity-rich suburbs — mini-cities, with walkable cores and an urban feel.”

Millennials Will Make Their Mark: Millennials are expected to enter the real estate market in a big way in 2016. They will make up 30% of the prospective homebuyer market, according to RealtorMag.com. According to Realtor.com‘s 2016 Housing Forecast, Millennials will be “driven by increasing income, millennials will seek out homes that meet the needs of their growing families – putting the most weight on the safety of the neighborhood and the quality of the home. Commute time and a preference for older homes have these buyers looking in city-centers and closer-in suburbs.”

We think you’ll agree that 2016 is going to be a great year to invest in a brand new home. Be sure to check out our stunning selection of new homes available in MarylandVirginia and Delaware, along with our current list of immediate delivery homes for an even speedier move-in date!

Sourceszillow.comrealtormag.comprnewswire.com