RM Homes over the weekend announced an immediate price reduction on new homes at communities around the Puget Sound area.
“This summer has brought an influx of home inventory to the local real estate market, which is good news for buyers, with more choice and prices softening from their long steady increase,” the company stated in a release. “RM Homes is responding with price reductions for quick-move in homes at new communities from Renton to Bothell.”
“The real estate market typically slows down during the summer,” says Chaun Mackey, president of Matrix Real Estate. “The difference this year is that the summer season coincided with a sudden influx of resale listings and new home communities, offering buyers more choices.
Among the communities featuring price reductions:
Cedar Park in Bothell: Homes come complete with the highest level of interior finishes, included standard, plus full yard fencing. A Move-In Ready Buyer Bonus is offered on select homes that will be complete by October 31, 2018. This includes French-door refrigerator, washer and dryer, window blinds and even air conditioning. Homes are available from 2,301 to 3,044 sq.ft. with pricing now from $674,950. Example of price reduction at Cedar Park: Lot 17-S – 2,518 sq.ft. – originally priced at $749,950, after a $40,000 reduction is now $709,950 and ready to move in today.
Damson Crest in Lynnwood: Home sizes range from 2,301 to 2,518 sq.ft. with pricing now from $629,950. Example of price reduction at Damson Crest: Lot 9 – 2,418 sq.ft. – originally priced at $664,950, after a $35,000 reduction is now $629,950 and ready to move in today.
Gardner Grove in Lynnwood: Homes range from 2,175 to 2,518 sq.ft. with prices from $619,950. Example of price reduction at Gardner Grove: Lot 15 – 2,518 sq.ft. – originally priced at $679,950, after a $30,000 reduction is now $649,950 and ready to move in today.
Monterey Meadows in North Renton: Two of these spacious homes are ready to move in today with more coming in October. The fully loaded model home was just listed, with 2,501 sq.ft., reduced $35,000 to $964,950. This home is completely move-in ready including refrigerator, washer/dryer, blinds, accent paint, full yard fencing, irrigation and air conditioning.
Additionally, a quick-move in 3,852 sq.ft. home was just reduced $100,000 to $999,950 and including a wet bar/kitchenette in the downstairs bonus room.
Northshore Ridge in Kenmore: The model home was just listed at Northshore Ridge, including refrigerator, washer/dryer, blinds, air conditioning, fully landscaped and fenced yard with irrigation, and a wet bar/kitchenette in the downstairs rec room. This home is 3,725 sq.ft. and listed for $1,174,950.
Additionally, lot 11 will be ready to move in by September. This 3,725 sq.ft. home was just reduced $75,000 to $1,149,950.
Wedgefield in Woodinville: The first home is available now for quick move-in this September. The price was reduced $50,000 on this 3,044 sq.ft. home which is now $949,950.
Weston Heights in Renton: The next homes at Weston Heights will be available for move-in this September and October and range from 2,501 to 3,774 sq.ft. Example of price reduction at Weston Heights: Lot 7 – 3,044 sq.ft. – originally priced at $914,950, after a $35,000 reduction, is now $879,950 and ready to move in this September.
The furnished model home is open Friday through Tuesday 11 a.m. to 5 p.m. at 684 Nile Ave NE, Renton. For more information or a private showing, call or text Alex Ball, 206.321.5493.
RM Homes is a local, Puyallup-based home builder with decades of experience building thousands of homes for Puget Sound home buyers.
