Demand for New Basic Homes is Up in Hammond

March 3, 2010

The demand for new basic homes is up in Hammond and Ponchatoula.  Since first time homebuyers usually are limited in their budgets, many are opting out of a custom home and looking at purchasing basic homes with basic amenities in a reasonable price range, with plans of upgrading the home at a later time.  Four home builders in Tangipahoa Parish are gearing up to meet this demand: DSLD, DR Horton, Sunrise Homes and Southern Homes.  The builders can build a home anywhere from 45-100 days within a low to upper $100,000 price range and varying in size from 1100 to 2100 square feet.  This allows first time homebuyers to get their feet wet in the Hammond real estate pool without drowning and utilizing the tax credits available until the end of April 2010.

DR Horton is currently constructing homes in Wellington Estates (off Bankston Rd), Whispering Willows (Albany), the almost sold out Cabo Cove (off Firetower Rd) and Martinsville Estates (Natalbany).  They’re also looking at purchasing more land to build in Ponchatoula.

DSLD currently has five subdivisions under construction in Tangipahoa Parish: Arlington Place (South Range Rd, Ponchatoula), Villages at Bocage (Hwy 22 East, Tangipahoa/St. Tammany Parish line), Bedico Meadows (Hwy 22 East), Madison Trace (Hwy 22 W, Ponchatoula), Blythewood Estates (Brown Rd, Ponchatoula) and The Parc (Hammond).

Southern Homes is building a 230 home development called Pine Island in the Ponchatoula community.  They have five different plans to choose from and allow homes to be customized so that they don’t all look the same.

A new company to the area, Sunrise Homes is currently building Strawberry Fields Estates in Ponchatoula.  They plan on building a total of 82 homes in their subdivision.

It’s a good indicator that the demand for new basic homes is up in Hammond and the surrounding Tangipahoa Parish area.  You need to act fast, though, if you want to take advantage of the $8000 first time homebuyer tax credit before it is gone for good on April 30, 2010.

Yvonne Martin, the Martin Team, your Hammond real estate specialists


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