5 SOLD in 2 DAYS! - Beazer Homes slashes prices

 

Beazer Townhomes

We have all seen real estate price reductions over the past 2 years or so, especially in the last 12 months.  But I have never seen such big discounts on new Beazer townhomes, as I have in the last few days.  On April 3rd I received an e-mail from Randy Mullaly, Beazer New Home Sales Specialist.  In the e-mail, to my surprise, he informed me that Beazer was about to cut all prices on their existing homes & townhomes.

Real Estate price reductions are no surprise to me, the current market has been difficult to say the least.  Foreclosures are on the rise and it seems like there is a For Sale sign next to every other home you drive by.  Home sellers in this market have had to price their homes right in order to sell, the sellers that don't are finding it difficult to get buyers to make an offer.

All this being said Beazer Homes prices over the last 12 months have come down, like everyone else's,  but never this dramatically.  I met with Randy Mullaly earlier today and he told me that Beazer was cutting prices on all their existing new homes (anything already built or under construction), from Tallahassee to California and everywhere in between.  Beazer is prepared to take a financial loss on their current home inventory, so that they can free up credit to use in the area's of the country that they predict will be the first to turn around.  Next I asked him if Beazer Homes was leaving SouthWood.  He told me that was the first question he asked when he found out about the new prices and that the answer was definitely not.

These prices are hard to beat, if you have been looking at Townhomes for sale in SouthWood and if you have followed the prices then you will agree with me that these are incredibly low compared to what has sold in the past and also compared to what is currently for sale in SouthWood,  and the rest of Leon county.

The Madison

1551 Square Feet, 3 bedrooms 2.5 bathrooms, 2 car garage, solid surface counter tops, hardwood floors, Was $211, 403 Now $161, 403.  That is a $50,000 price reduction, almost 25% from their most current price.

If you compare the new price to the all time high sales price that Beazer Homes had on September 9th, 2007 for the same floorplan, there is a difference of $101, 930. If you are trying to figure out the math in your head let me help you out.  Beazer got $263, 333 for the Madison about 19 months ago. But remember that was their all time high according to the local MLS system that Realtors have access to.

At the time of this post Beazer Homes had 3 Madison's available for purchase, all 3 are under construction but will be ready in about 2 weeks or so.  Perfect timing for a May closing.

The Jefferson is currently SOLD OUT,

1889 Square Feet, 3 bedrooms 3.5 bathroooms, 2 car garage, reduced from $272, 815 to $202, 815.  That is a $70,000 price reduction.

Call me if you need a Realtor to help you find the right townhome for sale in SouthWood.  I am here to help you.  I live in SouthWood, and I am always available for my clients.  Remember it costs you nothing to work with a Realtor when you are purchasing real estate.  Why not have a professional help you?

Nathan Cross, Realtor The Naumann Group Real Estate, Inc SouthWood Tallahassee (850) 443-2125 [email protected]