There is a reason why we created Fairfield Pointe Village. Our mission was to create a community that offers a relaxed lifestyle for our residents where they are free to spend time with their family in an environment that makes leisure time what it is meant to be. Leisure Time!

The economy has been in turmoil and what has been the traditional safest path to wealth creation and financial security has not been as dependable as in the past. Fairfield Pointe Village has weathered the storm with solid property values supported by current appraisals on home and lot sales. We feel the ability to do this in the time since we broke ground less than three years ago has been from an uncompromising focus on creating a neighborhood. Our validation is in the happiness and satisfaction of our residents who call Fairfield Pointe Village home.

On a side note, here is some economic data from the National Association of Home Builders (NAHB) regarding the housing market and housing demand in the near term.

“Coming off an estimated modern historical low of 555,000 total starts in 2009, housing production should rebound by about 25% this year to just under 700,000 units, according to NAHB projections. There is certainly a measure of good news in this forecast, but it hardly represents a return to normalcy.”

“Based on demographics and other factors, an annual average of 1.8 million housing starts will be needed over the next 10 years and 2010 starts are not likely to provide even half of what is needed.”

“Improvements in residential construction this year will be largely concentrated in single-family construction. Builders successfully reduced their inventory of new single-family houses in 2009 to levels last seen in 1971 — for a population that has grown by 80% since that time.”

“NAHB is forecasting just over 600,000 single-family starts in 2010, up from an estimated 440,000 starts in 2009. In a normal market, we would be constructing 1.5 million single-family starts on average yearly.”

Come see us at Fairfield Pointe Village where you conserve more than just time.

In late 2009, the Baldwin County MLS showed 264 residential single family dwellings closed for the city of Fairhope , Alabama for 2009 (31 currently pending); of those 76 (29%) were over $300K.

For comparison, 2008 had 294 closed sales with 115 (39%)over $300K and 2007 had 402 closed sales with 171 (42.5%) over $300K.

The encouraging numbers for 2009 are the past several week’s activity. From January through September there were 207 closed sales with 61 (30%) over $300K; October had 24 sales with only 3 over $300K (12.5%); November had 19 sales with 4 (21%) over $300K; to date, December has had 14 closed sales with 8 (57%) over $300K. Again, we have 31 pending contracts with 30% of thoses listed above $300K.

So it seems that there is some pent-up demand for the higher end that is finally coming out. It gives us all optimism for that part of the market for 2009.

Thanks to Terryl for his work. If you have any questions feel free to email him at Terryl@FairhopeRealtyGroup.com; or call me at 251-990-8838.

Fairhope, Alabama 2009 Sales Report

An additional benefit is one that we all enjoy; the reduced Carbon Footprint that is a result of our maintenance crew’s “Green” efforts benefit all of God’s creatures. From the high efficiency, wide deck mowers that leave fewer emissions to the eco-friendly turf treatments, a constant focus is always there to provide a better quality of life for those eventually impacted by our actions.

It is more than just our residents who benefit. Come visit us and see what our quality lifestyle is all about!

Come by and see us to find out what the value of Fairfield Pointe Village is all about!!!

Check out the listings at www.jeffdevalk.com

Each home has a private courtyard and upgraded appliance and amenity package. Each home is a 4BR/3.5BA home with the 2,934 sq. ft Cobblestone Villa model with 5BR/3.5BA. Every home features a first floor master bedroom, wide hallways and doors and low-maintenance living.

Occupancy is expected in early 2008.

Call Jeff DeValk at 251-583-6125 or e-mail at jeff@jeffdevalk.com for more information.

Construction on the first homes and townhome unit will start by the end of September. Please check for updates on the construction and expected occupancy dates at www.fairfieldpointevillage.com or www.rivertonland.com.

For details please contact Jeff DeValk with Coldwell Banker at 251-583-6125.

The Jeff DeValk Sales Team will have the primary responsibility for the development and will handle the marketing, listing and sales of the 37 units within Fairfield Pointe Village.

“Jeff’s team has an excellent grasp on the area’s dynamics and aggressively market themselves and their listings”, said Scott Williams of The Riverton Land Company. “Their professionalism and experience, as well as their attitude, combined with Rance Reehl’s reputation made this an easy choice for Riverton”.

Jeff DeValk of Coldwell Banker said, “Fairfield Pointe Village has so much to offer. The location is ideal, the architecture and home design is well thought out and the quality is superior.”

Come see what Fairfield Pointe Village has to offer!!!

As part of the amenity package of these fine homes, the standard appliance package has been upgraded as an option to the Bosch series of quality fixtures. Supplied, installed and maintained by Eastern Shore Appliance of Montrose, Alabama, the kitchen features a five burner gas cooktop, upgraded vent hood, Microwave, double oven and ultra-quiet Bosch dishwasher.

Check out the Bosch display Kitchen at Eastern Shore Appliance, 23736 US Highway 98, Fairhope, AL 36532.