Apr
25

Last Chance to Add More Space to Our Most Popular Plans

There comes a time in everyone’s life when you look around your home and realize that you just need some more space. If for you that time is now, then you should visit S&A Homes to check out our special, limited time promotions in the State College area where you can add more space to some of our most popular floor plans. However, you must hurry because this is your last chance to get out there and experience all that we have to offer before these incentives expire on April 30.

Buyers who want to remain close to Downtown State College and all that the city has to offer should check out The Landings. With packages starting at $179,900, this community features our lowest price point for new homes. For a limited time, buyers can take advantage of our free finished basement offer, perfect for a media or game room. Plus, when you want to get out and explore, you’ll love The Landings family-friendly amenities including sidewalks, playgrounds, baseball fields and more. Read More

Apr
15

New Homes Unveiled in Deatrick Village

Deatrick VillageThose looking for comfort and convenience located on one floor without breaking the bank should look no further than S&A Homes’ Deatrick Village. These Gettysburg new homes will be unveiled tomorrow, April 16th. Join us  from 1-4 p.m.  for the a tour of our brand new Wheatfield Villa design!

The new villas are completely re-designed to truly fit the ultimate lifestyle for those who seek an open layout, spacious kitchen, and first floor living. These 2-bedroom homes start as low as the $190’s and are just about ready for move-in! If you’re interested, you better hurry – we have already sold two of the four homes – the final two won’t last long!

The Wheatfield homes are located within Deatrick Village, a unique community situated just outside of Gettysburg, PA and across from the picturesque battlefields the area is known for. The neighborhood offers an on-site fitness center, club house, sidewalks and low maintenance living!

For more information regarding the event, please contact Kristen Yohn at kdy100@sahomebuilder.com or call at 717-334-7822 or visit us at S&A Homes.

Apr
13

Tours and Tailgates

The bleak and chilly weather outside may detract from the ideal images of a sunny tailgate so many hope for during the Blue-White football brawl at Penn State, but we aren’t letting gloomy weather put a damper on our traditional festivities this weekend!

Once again, we will be setting up for our annual Tours & Tailgates this Saturday, April 16th from 10 a.m. – 1 p.m. at The Village at Penn State, located smack dab in the middle of the Happy Valley action! For those who may not be in the know, The Village at Penn State is located within walking distance of Penn State, making it a perfect 2nd home for those who are sick of coughing up thousands of dollars for their Penn State obsession at expensive hotels and rentals. Read More

Apr
09

Congratulations to Michael Hicks, Our iPad Winner!

ipad give awayIt’s not every day that you’re presented with something for free; especially not a hot new gadget such as an iPad. However, that’s exactly what S&A Homes offered at the Blair County Home and Garden Show and the Centre County Home Show last month.

From March 4 through March 6 and again on March 11 through 13, attendees of the home shows had the opportunity to view exhibits, learn about first-time home purchases and even window shop. And although learning about the S&A E-Home is a treat in itself, visitors to the S&A Homes table had the opportunity to get more than a free consultation with one of our excellent representatives: Each person who used our computer to “like” us on Facebook and write a positive comment about their experiences at the home show was automatically entered to win a free iPad.

We are pleased to announce that the winner of our iPad giveaway is Michael Hicks of State College, Penn.

Michael was ecstatic to hear the news Read More

Apr
06

Housing is Back!

We aren’t saying it though…Fortune Magazine is. And in a big way.

Not only does the magazine go out on a limb and predict a housing comeback during 2011, but it actually projects that a housing shortage may be in our near future. After 4 years of downward pricing trends and constant headlines about doom and gloom in the real estate market, it is encouraging (dare we say exciting?) to hear that downward pressures will soon be easing.

The author of ‘Real Estate: It’s Time to Buy Again’, Shawn Tully, along with Fortune Magazine was one of the first to predict the housing bubble burst, all the way back in 2004. By analyzing supply, credit standards, and the cost of renting vs. owning, Tully stated that the price appreciation at that time far exceeded the normal zone and that the housing market was in for a rude awakening. Read More

Apr
01

FHA Changes Just 18 Days Away

It isn’t often that we get technical here at the S&A Homes blog, but some things are too important to ignore, and the upcoming changes to FHA Financing definitely falls in that category. If you are even considering purchasing a home and utilizing the many benefits of FHA loans to do so, then you need to be aware of the additional expenses that will be associated with those loans starting April 18th.

Here are the changes in a nutshell:

-Those with less than 10% down will see an annual increase of 50 basis points on their Mortgage Insurance Premium. Those with more than 10% down will see an annual increase of 25 basis points.  (Read below for more on what this really means)

-Maximum Seller’s Contributions will be reduced from 6% to 3%. If you are one of those folks hoping to take advantage of no closing costs, then this definitely affects you as the seller will no longer be allowed to contribute more than 3% of the purchase price on behalf of the buyer.

-Credit standards will tighten up – Those with credit scores less than 580 MUST put at least 10% down. This means very little, considering most lenders require 620 to issue a loan in the first place. Read More