Blog

New home sales hit five-and-a-half year high in January

News
(Reuters) - Sales of new U.S. single-family homes surged to a 5-1/2-year high in January, possibly easing concerns of a sharp slowdown in the housing market. The Commerce Department said on Wednesday that sales jumped 9.6 percent to a seasonally adjusted annual rate of 468,000 units, the highest level since July...
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Marrano opens new model and community in Lancaster

Neighborhoods
“Marrano is celebrating twice the excitement this month with the grand opening of a new, affordable community and a new model home in Lancaster,” began John Manns, vice president of sales and marketing for the builder. Creekside in the Pleasant Meadows community in Lancaster features 23 single-family home sites situated...
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Close-out opportunity at Eagle Heights

Neighborhoods
Marrano/Marc Equity Corporation is now offering close-out savings to customers building new homes on the five remaining home sites in the current phase of Eagle Heights in Orchard Park. “Every lot in Eagle Heights fits this requirement with many homes backing to a wooded preservation area, which will never be...
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Homebuilding poised to accelarate in 2014

News
(The Buffalo News) - Fresh off one of their best years in a while, Western New York homebuilders say they’re expecting yet another great 12 months in 2014, as a combination of low interest rates, increased confidence and pent-up demand combine to drive consumers into model homes. From base-level houses...
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Marrano again “Raising the Roof” for Roswell

News
Construction is underway at Marrano’s The Cove at Pleasant Meadows in Lancaster on a home that will benefit groundbreaking research and patient care at Roswell Park Cancer Institute (RCPI). This is Marrano’s fourth “Raising the Roof” project.  To date, the program has raised $500,000.  Located at 18 Jonquille Court, the...
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Marrano returns to South Lancaster

Neighborhoods
Marrano Homes is introducing 31 spectacular new lots in one of its most desirable communities, Summerfield Farms.  Located in a perfect country setting in South Lancaster, residents enjoy a quiet, private lifestyle just minutes from all the conveniences of shopping and dining.  Como Lake Park is nearby, offering 375 acres...
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Mortgage Rates Pull Back Further

News
(DSN News) December’s discouraging jobs report caused mortgage rates to pull back once again this week. Freddie Mac’s weekly Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) falling to an average rate of 4.41 percent (0.7 point) for the week ending January 16, down from 4.51 percent last week....
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