Amelia National Golf & Country Club has partnered with the Ritz-Carlton Amelia Island to offer residents memberships to the resort’s pool and beach amenities.
Situated on 13 beachfront acres punctuated by dunes and sea oats, The Ritz-Carlton Beach Club on Amelia Island is one of the top luxury resorts in Northeast Florida.
Beach Club members enjoy access to indoor and outdoor pools, the beach and exclusive beach club services, such as the private ocean beachfront cabanas. Club members also enjoy preferred rates on an array of goods and services offered to resort guests.
Amelia National Golf & Country Club, an ICI Homes community, embodies country club living, with a championship-quality tennis facility, an 18-hole championship golf course, state-of-the-art fitness center, a full-service restaurant and a resort-style swimming pool.
Homes are priced starting from the high $200,000s.
Standard Pacific and Ryland becoming
CalAtlantic Group
CalAtlantic Group Inc. will be the new name for Standard Pacific Corp. and The Ryland Group when their planned merger is complete, the companies announced this month.
The proposed merger, announced in June, is expected to close in early fall. Closure is subject to approval by the stockholders of the company and Ryland and other customary closing conditions.
In addition to the name CalAtlantic Group Inc., the combined company will be identified to consumers as CalAtlantic Homes, CalAtlantic Mortgage, CalAtlantic Title and CalAtlantic Insurance. The new company will be traded on the New York Stock Exchange under the ticker symbol CAA.
CalAtlantic will operate in 41 markets across 17 states with new home offerings spanning entry level through luxury.
Aphora at Marina San Pablo announces realtor incentive program
Aphora at Marina San Pablo, a luxury waterfront condominium being constructed on the Intracoastal Waterway near Butler Boulevard, is offering Realtors a 4 percent commission on sales. The payment schedule is:
• 10 percent commission paid five days after binding contract with a 10 percent deposit.
• 40 percent paid at slab.
• The remaining 50 percent paid at closing.
This limited-time offer may not be used in conjunction with any other bonus or incentive.
Aphora’s 57 luxury homes are priced from $600,000, range in size from 2,500 to 5,200 square feet and include customized features and finishes.
Amenities include a rooftop resort, a private two-car garage and access to a spacious, well-appointed clubhouse and private marina.
The project is scheduled to break ground this summer.
The development team is currently offering pre-construction pricing and limited-time promotions.
New Redfin index says home-price growth
will slow
U.S. homebuyer demand, an early indicator of housing-market performance, was up 13 percent year over year in June, according to the Redfin Housing Demand Index.
But, it’s a smaller increase than in previous months, suggesting price growth is going to slow.
The Demand Index is based on millions of visits to Redfin.com home listing pages and thousands of Redfin customers requesting home tours and writing offers in 15 major metro areas.
The new index debuted in July at a level of 113, with a baseline of 100 starting in January 2013.
The Demand Index in 2015 followed a similar seasonal pattern to previous years, increasing from January to April, then beginning to decline. However, this year’s May-to-June decline is steeper than last year’s, 6.7 percent in 2015 compared to 3.9 percent in 2014.
That’s due to buyer fatigue over high prices and low selection, combined with gradually increasing mortgage interest rates, according to Redfin.
Buyers are still in the market, but they’re setting boundaries on what they’re willing to pay.
Two major factors driving the forecasts are fewer people making offers and lower list prices for homes going under contract.
The U.S. median list price of pending homes fell by $10,000 to $300,000 in just two weeks in July.
Redfin forecasts home prices will be up about 4.3 percent year-over-year in July, and just 2.2 percent in August. Redfin expects the number of homes sold to grow by 14.3 percent year-over-year in July, and by 4.6 percent in August.
St. John Paul II Mission Church breaks ground near Nocatee
The St. John Paul II Mission Church community celebrated the groundbreaking in early August of a multipurpose building that will serve as a temporary worship space.
The site is located on Stonemason Way, west of the Kelly Pointe subdivision in Nocatee.
The 12,000-square-foot building will serve parishioners while the mission raises funds for the church. Bishop Felipe J. Estévez of the Diocese of St. Augustine attended the event.
The building will include a lobby, commercial kitchen, administrative offices, conference rooms and a large multipurpose area with a stage.
The project is expected to cost $4 million and should be completed in 2016.
St. John Paul II is a mission church of Our Lady Star of the Sea Catholic Church in Ponte Vedra Beach under the leadership of Msgr. Keith Brennan, pastor.
Sauer Inc. of Jacksonville was awarded the contract to build facility and Kasper Architecture of Jacksonville is providing design services for the project.