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.

This entry was posted on Monday, January 11th, 2010 at 6:40 pm and is filed under Riverton Land News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.