BIA-SD Recognizes Pardee Homes as One of San Diego's Best-Selling Builders

    SAN DIEGO, CA, January 16, 2011 /24-7PressRelease/ -- As 2010 came to a close, the Building Industry Association of San Diego (BIA-SD) recognized several BIA-member homebuilders as sales leaders, including Pardee Homes, K. Hovnanian and William Lyon Homes. Pardee's Highlands Village was among the top new detached selling products, which also included neighborhoods by Bosa Development, Hallmark Communities and KB Home.

Pardee Homes also posted strong sales in 2010 at Carriage Run in Carmel Country Highlands, Manzanita Trail in Pacific Highlands Ranch and Terramar at Torrey Highlands with 155 homes sold (Carriage Run: 46 sales; Manzanita Trail; 60 sales; Terramar: 49 sales). In addition, Pardee Homes sold 68 townhomes at Highlands Village and another 37 homes at nearby Bridle Ridge in Carmel Country Highlands, which is nearing closeout.

According to the BIA, in the current housing market, which some describe as the worst in history, any sales would be considered a win, but Pardee was among the select few builders who posted double digit sales for the quarter.

"Three of our detached neighborhoods, Carriage Run, Manzanita Trail and Terramar, and our one attached community, Highlands Village, that were recognized by the BIA were our go-to projects, attracting savvy home shoppers ready to take advantage of low interest rates and value pricing," said Matt Sauls, regional director of marketing for Pardee Homes. "Throughout the past year we met the needs of ready-to-move buyers and we released new sales phases as the market demanded. As we embark on the New Year, we will strive to maintain our leadership position in the San Diego market and will encourage prospective home buyers to take advantage of today's low interest rates by locking in with a six-month program offered by our mortgage affiliate, Pardee Home Loans."

Pardee Homes has three neighborhoods now selling in master-planned Carmel Country Highlands, above Carmel Valley: Bridle Ridge, Carriage Run, and Highlands Village. Priced from the mid $800,000s, Bridle Ridge offers homebuyers smart and sophisticated styling in a collection of three, two-story floor plans with four to five bedrooms, three bathrooms and three-bay garages. Square footage ranges from approximately 2,353 to 2,734 square feet.

Carriage Run is also located in coastal-close Carmel Country Highlands. Priced from the mid $700,000s, Carriage Run offers homebuyers a choice of three floor plans with four bedrooms, two and one-half to three baths and square footage ranging from approximately 1,985 to 2,402 square feet.

Highlands Village is a resort-style townhome neighborhood with five floor plans, priced from the high $400,000s. Homes have two to four bedrooms, two and one-half baths, attached garages and square footage ranging from approximately 1,274 to 2,069 square feet. These contemporary townhomes feature slab granite kitchen countertops, luxurious master baths and large walk-in closets and offer homeowners and their guests exclusive use of a private clubhouse with swimming pool, spa, fitness facility, media room and kid's play area.

Ideally located just east of Carmel Valley with easy access to Interstates 5 and 15 and Highway 56, Pardee's award-winning Manzanita Trail neighborhood in Pacific Highlands Ranch includes four floor plans with a range of four to six bedrooms, two and one-half to four baths, and two- and three-bay garages. Square footage ranges from approximately 2,357 to 3,218 square feet. All floor plans include a downstairs bedroom and such amenities as ceramic tile flooring, fireplaces, dramatic ceilings and high-speed Category 5 wiring. Pricing is from the high $600,000s.

The fifth of Pardee's new home neighborhoods is Terramar in Torrey Highlands. Priced from the mid $700,000s, this exciting collection of two-story homes offers flexibility and design elements that translate into highly livable floor plans with four to six bedrooms, up to three and one-half baths and approximately 2,597 to 3,277 square feet.

Terramar, like all of the new home communities that Pardee Homes builds, features the LivingSmart package of energy saving features and options. Buyers can add such options as photovoltaic systems for in-home solar power, whole house water filtration, and tankless water heaters.

For more information, visit www.pardeehomes.com or follow us on Facebook and Twitter.

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