Market For High-End Homes Returning

by Davidson Team on February 9, 2010

The market for high-end homes ($800,000+) is gaining momentum, according to the San Diego Business Journal.

“The market in my mind has stabilized,” said longtime San Diego builder Bill Davidson, president of Davidson Communities. “It is not falling like it was last year, and that is very important. No one wants to buy a house when they think the market is falling.”

Davidson has upscale homes under construction in La Costa and Del Sur in North County San Diego, ranging in price from the $700,000s to more than $1 million.

Read the full San Diego Business Journal article here.

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Davidson is now offering three highly upgraded, professionally decorated models at Kensington at Del Sur. The 2,949 square feet+ models are equipped with courtyards and bonus rooms, among other upgrades. The homes are also near a new elementary and high school.

Completely furnished by Design Line Interiors, the Kensington homes start at $1.1 million, according to Bill Davidson, president of the Del Mar-based homebuilder. Kensington is within the master-planned, award-winning community of Del Sur and within walking distance of two neighborhood parks with pools, playgrounds, picnic areas and barbecues.

Read the full Daily Transcript article here.

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