Category Archives: Real Estate

The Time to Build is Now!

As the economy continues to move in the right direct, homeowner and builder confidence is on the rise.  The time to build the home you’ve been dreaming about is now!  The last decade has taken the economy and housing industry on a roller-coaster ride.  Fortunately, builder confidence is the highest we have seen since November 2005 (NAHB ).

Dalmany House Plan - Ranch - Front View
Dalmany House: This plan is 2,275 sq. ft. with 3 bedrooms and 3 bathrooms. The Dalmany is a stunning addition to any sub-division, and with all that room for growth and entertainment, no wonder it’s one of our best-selling house plans!

As we approach 2016, homeowners across the nation are feeling financial stability.  Archival Designs is committed to providing quality designs at an affordable price.

Old Wesley House

This ranch house plan is 2,365 sq. ft. with 3 bedrooms and 2 1/2 bathrooms. This plans traditional style allows for an easy and fast build, a pleasant experience for you and the builder.

Old Wesley House Plan - House Plan - Ranch - Front
Old Wesley House Plan: This ranch house plan is 2,365 sq. ft. with 3 bedrooms and 2 1/2 bathrooms.

Lady La Salette House Plan:

The Lady La Salette is a ranch style house plan with 2,315 sq. ft. This house plan boasts 3 bedrooms and 3 full bathrooms, with an optional bonus room on the second floor.  This house will be easy to grow into as your family’s need change over the years.

Lady La Salette House Plan - Country Style House Plans - Ranch Home Plans
The Lady La Salette is 2,315 sq. ft. This house plan has 3 bedrooms and 3 full bathrooms, with optional bonus room on the second floor

www.ArchivalDesigns.com  offers a plethora of distinct house plans ranging in style and size to fit your needs! We are proud to share with you our customer’s most popular house plan picks of 2014-2015.

Tres Le Fleur House Plan:

This best-selling house plan offers 2,499 sq. ft. of comfort. This ranch style home has 3 bedrooms and 3 1/2 bathrooms and an open floor plan, perfect for entertaining guest.

Tres Le Fleur House Plan - Tres Le Fleur House Plan - Archival Designs - Ranch Home Style
Tres Le Fleur House Plan: This best-selling house plan is 2,499 sq. ft. and has 3 bedrooms and 3 1/2 bathrooms

The Pontarion II House Plan:

This Award winning house plan can be the home of your dreams. The Pontarion II house plan offers 4,041 sq. ft. of elegance and comfort. The striking grand room and oversized chef’s kitchen will give you plenty of space for entertaining.

Pontarion II House Plan - Luxury Home Plans - 3000 sq ft house
The Pontarion II House Plan: This award winning house plan has 4,041 Sq. Ft, 4 bedrooms, and 4 1/2 bathrooms

The Salem House Plan:

This 2-Story house plan has 2979 Sq. Ft. with a plethora of wonderful amenities. The Salem House has 3 bedrooms and 2 1/2 bathrooms and a glorious 2 story family room, which is sure to leave any guest in awe.

Salem House Plan - Castle Style House Plan - Archival Designs - Salem - Stone Pond
The Salem House Plan This 2-Story house plan has 2,979 sq. ft. with 3 bedrooms and 2 1/2 bathrooms

 

We invite you to view our best-selling collection [http://www.archivaldesigns.com/store/best-selling-house-plans-0]          and learn about how you can modify your new home.

Learn more about Builders Confidence and how it works here (http://nahbnow.com/2015/07/builder-confidence-hits-highest-level-since-november-2005/?utm_source=newsletter&utm_medium=email&utm_campaign=mmb0824)

Housing Affordability Drops as House Prices and Interest Rates Rise

Today’s photos are those of Archival Designs‘ Luxury Ranch House Plan, Rio Grande.

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Strengthening house prices and increased interest rates in metro areas across the country contributed to lower housing affordability in the third quarter, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI), released on Nov. 14.

In all, 64.5% of new and existing homes sold between the beginning of July and the end of September were affordable to families earning the U.S. median income of $64,400. This is down from the 69.3% of homes sold that were affordable to median-income earners in the second quarter, and is the largest HOI decline since the second quarter of 2004.

“Housing affordability is being negatively affected by a ‘perfect storm’ scenario,” said NAHB Chairman Rick Judson. “With markets across the country recovering, home values are strengthening at the same time that the cost of building homes is rising due to tightened supplies of building materials, developable lots and labor.”

“The decline in affordability is the result of higher mortgage rates and the more than year-long steady increase in home prices,” said NAHB Chief Economist David Crowe. “While affordability has come down from the peak in early 2012, the index still means a family earning a median income can afford 65% of homes recently sold. Some of the decline in the affordability index could also be the result of a loss in some more modestly priced home sales as tight underwriting standards have limited purchases by moderate-income families.”

Indianapolis-Carmel, Ind., and Syracuse, N.Y. were tied as the nation’s most affordable major housing markets as 93.3% of all new and existing homes sold in this year’s third quarter were affordable to families earning the areas’ median incomes of $65,100 and $65,800, respectively. Meanwhile, Kokomo, Ind., claimed the title of most affordable smaller market, with 96.9% of homes sold in the third quarter being affordable to those earning the median income of $60,100.

For a fourth consecutive quarter, San Francisco-San Mateo-Redwood City, Calif. held the lowest spot among major markets on the affordability chart. There, just 16% of homes sold in the third quarter were affordable to families earning the area’s median income of $101,200.

Santa Cruz-Watsonville, Calif. was the nation’s least affordable small market; only 20.3% of all new and existing homes sold there in the third quarter were affordable to families earning the area’s median income of $73,800. Please visit nahb.org/hoi for tables, historic data and details.

Choose from more than 400 house plan designs that we offer in a wide range of styles and sizes.  Some of our more popular house designs include European-inspired Georgian and palladian homes, English manor house plans, Tuscan-style Italian villas, French chateaux, and colonial house plans.  Our Tuscan-style villas range from 1800 to 14,814 sf, and Newport classic house designs range from 1500 to 5000 sf.  Our starter castles, mansions and estate homes are designed in the grand tradition of some of the most impressive homes in the world.  Please feel free to search our house designs offered.  Our plans have been built around the globe, from Canada to Dubai, and one could be just for you!

NAHB Federation Honors America’s Military Heroes

Monday, Nov. 11 is Veterans Day, and the NAHB federation salutes the sacrifices made by our nation’s military heroes as they risk their lives to preserve the freedoms we enjoy as American citizens.

NAHB’s members and HBAs around the country are making sure that these military heroes have homes to come back to by working with military support groups such as Homes for Our TroopsOperation Finally Home, theMilitary Warriors Support FoundationOperation Coming Home and other organizations. They are helping these military heroes realize their own American Dream of homeownership by renovating, building and donating accessible homes designed specifically for the needs of a combat veteran. Two new videos show how NAHB members provide homes for injured veterans and how the Building Systems Council provided one veteran with a mortgage-free home. Contact: Gwyn Donohue (800-368-5242 x8447).

Builder Confidence in the 55+ Market Continues to Improve

Builder confidence in the 55+ housing market showed continued improvement in the third quarter of 2013 compared to the same quarter of last year, according to the most recent NAHB 55+ Housing Market Index (HMI) analysis, which was released on Nov. 7. All segments of the market – single-family homes, multifamily condos and multifamily rental – recorded strong increases.

There are separate 55+ HMIs for two of the three market segments. Each 55+ HMI measures builder sentiment based on a survey that asks if current sales, traffic of prospective buyers and anticipated sales for the next six months are good, fair or poor. An index number below 50 indicates that more builders view conditions as poor than good.

The single-family 55+ HMI increased 14 points to a level of 50, the highest third-quarter number since the inception of the index in 2008 and the eighth consecutive quarter of year over year improvements. The multifamily condo 55+ HMI rose 14 points to 37, also the highest level since the inception of the index. Additionally, all of the 55+ multifamily rental components showed strong gains in the third quarter.

“We have seen steady improvement in the 55+ housing sector as buyers and renters are attracted to new homes and communities that offer the lifestyle they desire,” said Robert Karen, chairman of NAHB’s 50+ Housing Council and managing member of the Symphony Development Group. “Although the market is significantly stronger than it has been in recent years, we still have a ways to go to get back to full production.”

According to NAHB Chief Economist Dave Crowe, “right now, the positive year over year increase in confidence by builders for the 55+ market is tracking right along with other segments of the home building industry. And like other segments of the industry, the 55+ market is improving in part because consumers are more likely to be able to sell their current homes, which allows them to buy a new home or move into an apartment that suits their specific needs.

Today’s photos are those of Archival Designs‘ Luxury Estate Plan, Essex House.

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Choose from more than 400 house plan designs that we offer in a wide range of styles and sizes.  Some of our more popular house designs include European-inspired Georgian and palladian homes, English manor house plans, Tuscan-style Italian villas, French chateaux, and colonial house plans.  Our Tuscan-style villas range from 1800 to 14,814 sf, and Newport classic house designs range from 1500 to 5000 sf.  Our starter castles, mansions and estate homes are designed in the grand tradition of some of the most impressive homes in the world.  Please feel free to search our house desgins offered.  Our plans have been built around the globe, from Canada to Dubai, and one could be just for you!

Remodeling Market Index Rises for Second Consecutive Quarter

Today’s Luxury House Plan photos are those of Archival Designs‘ #1 Best Selling House Plan of all time, Westover.

NAHB’s Remodeling Market Index (RMI), which was released Oct. 24, continued to climb at a modest pace in the third quarter of 2013 rising two points to 57, the highest reading since the first quarter of 2004.

An RMI above 50 indicates that more remodelers report market activity is higher (compared to the prior quarter) than report it is lower. The overall RMI averages ratings of current remodeling activity with indicators of future remodeling activity. The RMI’s current market conditions index rose from 54 in the previous quarter to 58, the highest reading since the creation of the RMI in 2001, driven partly by rising existing home sales.

All three major components of the RMI’s current market conditions index increased in the third quarter. Major additions and alterations increased from 51 to 55, minor additions and repairs from 55 to 58, and maintenance and repair from 57 to 59. The future market indicators component of the RMI remained even with the previous quarter reading of 56.

Regionally, the RMI has registered two consecutive quarters of gains in the Northeast, Midwest and West. In the South, the RMI edged down slightly in the third quarter after a five point gain the previous quarter. All four regions were above 50, and were higher in the third quarter than in the first quarter of 2013.

“In addition to existing home sales, which support remodeling activity as owners fix up their homes before and after a move, remodeling has benefitted from rising home values,” said NAHB Chief Economist David Crowe. “This boosts home equity that owners can tap to finance remodeling projects. We expect existing home sales and house prices to increase, but at a slower rate over the next year, so the demand for remodeling services should also increase, but more gradually over that period.”

Choose from more than 400 house plan designs that we offer in a wide range of styles and sizes.  Some of our more popular house designs include European-inspired Georgian and palladian homes, English manor house plans, Tuscan-style Italian villas, French chateaux, and colonial house plans. Our Tuscan-style villas range from 1800 to 14,814 sf, and Newport classic house designs range from 1500 to 5000 sf.  Our starter castles, mansions and estate homes are designed in the grand tradition of some of the most impressive homes in the world.  Please feel free to search our house designs offered.  Our plans have been built around the globe, from Canada to Dubai, and one could be just for you!

Builders Chart Success in Fight for Workable Codes

According to the latest edition of NAHB’s Washington Update, the association charted some impressive wins during the ICC’s recently completed Final Action Hearings on the 2015 I-Codes this month.

They wanted to highlight some of these wins for you here, and also to provide you with the summary report on final results that was presented to members of NAHB’s Board of Directors at our Oct. 12 meeting in Colorado Springs. Of particular importance, builders were successful in fighting off five key proposals. These included:

1. Additional requirements for exterior foam plastics, which would have required builders to sheath the entire exterior of their homes in a layer of drywall or wood sheathing, or maintain a distance of 10 feet from all property lines;

2. Additional stair and ramp requirements mandating that all single-family homes and townhouses with multiple levels have a stair or ramp within 50 feet of any habitable portion of the home;

3. Residential accessibility rules that would have required all one- and two-family homes to be designed with a zero-clearance entrance, an elevator or lift, an accessible bathroom, bedroom and (if on the accessible level) a kitchen with 40 inches of clear floor space at all counters;

4. Wood deck general provisions including guard post, stair stringer and lateral connection requirements that would have added to hardware costs and other provisions that could  have led to engineering being required for decks; and

5. A proposal on foundation walls in flood zones, which would have required reinforced short stem walls in riverine flood zones (FEMA Zone A).

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Who Has the Highest Real Estate Taxes in the Country?

New Jersey residents currently contend with the highest median real estate taxes in the country, while Alabama residents enjoy the lowest such tax bills. That’s according to figures from the recently released 2012 American Community Survey, which NAHB economists have been analyzing in the Eye on Housing blog. The difference between those highest and lowest rates is substantial, to say the least, with New Jersey’s median tax bill punching in at $7,183 per year compared to Alabama’s $535. Our economists report that eight of the top 10 highest real estate tax bills occur in Northeast states, while a majority of the lowest tax states are found in the South. Looking at tax rates per $1,000 of property value, however, Hawaii actually has the lowest effective rate in the country, at just $2.77 per $1,000 of home value. On the flip side, Illinois and New Jersey have the highest effective rates, at more than $23 per $1,000 of property value.

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Baton Rouge Posts Best Score on Index of Leading Housing Markets


NAHB’s newly introduced Leading Markets Index(LMI) indicates that 52 metro areas nationwide have now returned to or exceeded their pre-recessionary levels of housing activity. While the nation as a whole has returned to 85% of normal in terms of key measures of housing strength — single-family permits, prices and employment — Baton Rouge, La., earned the strongest LMI score out of any major metro area in October. That city’s LMI score indicates that its housing market is now 41% stronger than it was prior to the recent recession.  Other major metros at the top of the list include Honolulu, Oklahoma City, Austin and Houston, Texas, as well as Harrisburg, Pa. – all of whose LMI scores indicate that their housing markets now exceed previous norms. Looking at smaller metros, both Odessa and Midland, Texas, boast LMI scores of 2.0 or better, meaning that their housing markets are now double their strength prior to the recession. Also at the top of the list of smaller metros are Casper, Wyo.; Bismarck, N.D.; and Florence, Ala., respectively.  Commenting on the October report, NAHB Chairman Rick Judson said, “This index helps illustrate how far the U.S. housing recovery has come, and also how much further it has to go as we continue to face some significant headwinds in terms of credit availability, rising costs for lots and labor, and uncertainties regarding Washington policymaking.”

Today’s luxury mansion house plan is Archival DesignsBuckingham.

Choose from more than 400 house plan designs that we offer in a wide range of styles and sizes.  Some of our more popular house designs include European-inspired Georgian and palladian homes, English manor house plans, Tuscan-style Italian villas, French chateaux, and colonial house plans.  Our Tuscan-style villas range from 1800 to 14,814 sf, and Newport classic house designs range from 1500 to 5000 sf.  Our starter castles, mansions and estate homes are designed in the grand tradition of some of the most impresssive homes in the world.  Please feel free to search our house designs offered.  Our plans have been built around the globe, from Canada to Dubai, and one could be just for you!