Pardee Homes Hosts Educational Homebuyer Seminar

    SAN DIEGO, CA, August 03, 2019 /24-7PressRelease/ -- On Saturday, July 27, Pardee Homes invited prospective buyers to a Homebuyer Seminar at Playa del Sol, located in the heart of Otay Mesa, to provide guidance and resourceful information on how to convert the homeownership dream into a reality.

Currently, one of the biggest obstacles that San Diego homebuyers encounter is affordability. In fact, San Diego recently ranked the 13th most expensive city in the United States. With demand outpacing supply, today's homebuyers differ greatly from those of the past and are limited, not only by options, but by location. As such, it is crucial for homebuyers to become informed and consider several factors when undergoing the purchasing process.

Among many of the topics discussed during the informative seminar included affordability, income and debt, down payments, closing costs and escrow, and credit as well as the overall advantages of owning a brand-new home. The event also focused on the status of interest rates and programs available to first time or other homebuyers including loan programs through the Federal Housing Finance Agency managed by the U.S. Department of Housing and Urban Development (HUD), which exists to provide housing and community development assistance, as well as local resources available through the City and County.

"Pardee Homes is committed to helping educate and serve as a resource for individuals navigating this complex market," said Pardee Homes San Diego Division President Jimmy Ayala. "We strive to make homeownership attainable and seamless."

Pardee Homes' community of Playa del Sol features five residential neighborhoods known as Azul, Luna, Moderna and Veraz and coming soon, Solmar. Homes at Playa del Sol are currently available starting in the high $300,000s and combine modern luxuries with naturally affordable prices for individuals or families looking to purchase in a walkable, state-of-the-art, master planned community. Joining the already vibrant community of Ocean View Hills in Otay Mesa, Playa Del Sol's three-story townhomes boast a cool modern style, with the convenience of shopping, entertainment and schools right next door. Amenities such as the Recreation Center offer a fitness hub, with a gym, pool and spa providing the perfect space to relax and refresh or meet up for play dates and parties.

Pardee Homes has pledged to do its part to help address San Diego's housing shortage and is currently working on a large master-planned community in South Otay Mesa, known as Southwest Village. The Southwest Village Specific Plan Area, which consists of approximately 472 acres of undeveloped land, is located east of Interstate 805, just south of State Route 905 and west of Caliente Avenue. The Southwest Village Specific Plan was envisioned as a compact, active area that creates sustainable and efficient land use patterns, is pedestrian-friendly, transit-oriented and embraces a variety of land uses including residential and commercial uses, community facilities encompassing schools and parks, and permanently protected open space.

To learn more about Playa del Sol or Pardee Homes' properties, options and events available, visit https://www.pardeehomes.com/region/san-diego/.

About Pardee Homes® San Diego

Pardee Homes San Diego builds thoughtfully designed and innovative new homes and communities for first-time through luxury homebuyers. Established in 1921, the company is recognized for its master-planned community concepts and customer-focused processes for new home purchases. It was one of the first builders in San Diego to embrace green homebuilding measures and environmentally sensitive development practices and continues to do so today. Pardee Homes is also widely known for its steadfast civic outreach. It has earned scores of design honors including most recently four Gold Nugget® Awards by PCBC in 2017 and 2018, and a 2017 Nationals™ Gold Award and four 2018 Nationals℠ Silver Awards by the NAHB National Sales and Marketing Council. The company was also recognized as San Diego's Best New Home Builder 2018 by the San Diego Union Tribune and was also named one of the 2016 Best Places to Work in San Diego by The San Diego Business Journal. Pardee Homes is a member of TRI Pointe Group® (NYSE: TPH), a family of premium regional homebuilders. For more information about Pardee Homes San Diego, please visit www.PardeeHomes.com/Region/San-Diego.

# # #