Gift shopping vs. new home shopping: the latter typically wins when it comes to spending dollars during the holiday season. In reality, it’s the best time to buy a home, say real estate experts with The Olson Company, a nationally recognized developer of unique residential communities throughout California.
Good news: forecasters predicts the “Perfect Storm” is brewing in December, bringing affordable new home prices, low interest rates and an avalanche of incentives for San Diego home buyers who can explore these incentives first hand the weekend of December 2nd and 3rd.
The Olson Company will host two holiday-themed events at its latest townhome communities: “Legacy Walk” in Southcrest (4300 Newton Avenue) on Saturday, December 2nd, and another at “Paradise Walk” in National City (8th and Arcadia) on Sunday, December 3rd. Festivities at each will begin at 11 a.m., with fun for the whole family until 2 p.m.
The festive events will feature live holiday music, plenty of gingerbread cookies and hot chocolate to go around and a life-sized gingerbread house for everyone to help decorate. Kids will especially enjoy contests and prize giveaways, including a family four-pack of tickets to the new “Happy Feet” movie now playing. A participating “Toys for Tots” partner, The Olson Company has arranged for Marines to be at each event to collect unwrapped toys for kids in need this holiday season.
Adults will go for The Olson Company’s new home incentives this holiday season. The builder has offered to cover a buyer’s mortgage payments for up to six months after purchase, and will reward its current homeowners with $5,000 for referring a family member or friend to buy an Olson Company home. Interested buyers can also check out the builder’s new “Layaway” program allowing interested buyers, with not-so-perfect credit, to reserve a home while working with Countrywide Home Loans mortgage experts to improve their credit and qualify to buy the home.
“December is traditionally thought to be an unforgiving month, money is going toward holiday gifts and no one thinks they have the extra cash to purchase a new home,” said Tony Pauker, regional president of The Olson Company. “In reality, there has never been a better time to buy with close-out inventory sales, low-interest rates and thousands of dollars in incentives that will disappear after the holidays.”