News from Trigon Homes

May 6, 2010

ENERGY STAR® homes are on the rise in our area!

Trigon Homes is excited to provide well-built, attractive homes that are comfortable but are also a smart investment for the future. Since this time last year, we have provided five new ENERGY STAR certified homes to families in our area. And we have many more on the way!!

What's so special about our ENERGY STAR qualified homes? Open your utility bill and find out! ENERGY STAR qualified homes built in 2009 are the equivalent of:

• Eliminating emissions from 830 vehicles
• Saving 5,018,052 lbs of coal
• Planting 1,371 acres of trees
• Saving the environment 9,841,409 pounds of CO2

February 24, 2010

Good Real Estate News: Home Equity Is Rising Again

With all the bad news about underwater home owners and strategic walkaways, you might think that American home owners’ equity holdings are in the tank. But the least-publicized recent statistic on real estate is that, despite these scary reports, home equity is again on the rise. According to the Federal Reserve’s most recent “flow of funds” survey, home owners’ net equity grew by nearly $1 trillion from the recession’s nadir in the first quarter of 2009 through the third quarter. From June 30 to Sept. 30, net equity rose by $418 billion. That’s not all that impressive compared with the quarterly increases during the hyperinflationary housing boom years, but it could signal something important. After three years of unprecedented shrinkage in home equity — and three years of rapid expansions in the number of underwater borrowers with negative equity — there are signs that the down cycle may be shifting. (www.washingtonpost.com)
Washington Post (2/13/10); Kenneth R. Harney

January 19, 2010

Trigon Homes Announces their move to downtown Culpeper

Everyone at Trigon Homes is excited to announce...
that we've moved our offices to downtown Culpeper. Please feel free to visit us in our new location at 237 E. Davis Street, Suite 200. We are getting settled in to our new offices, located upstairs above Edward Jones and across the street from The Raven's Nest Coffee Shop. Read more here.

January 8, 2010 - Featured in the Culpeper Start Exponent

Team Cheatle finds a new home by Rhonda Simmons

A family group of Realtors with deep ties to the local market has found a new home at Century 21 New Millennium. Team Cheatle — Terry Cheatle, Walter Cheatle, Jim Cheatle and Kelly Fox — joined Century 21 New Millennium at 601 S. Main St. in Culpeper earlier this month. The team worked for Re/Max Regency out of Warrenton before making the change.

“One of the reasons that this is such a good move for us is Century 21 allows us to have an off-site design center,” said Terry Cheatle, who has nearly 40 years of real estate experience. “About 50 percent of our business is new construction. Since we have to have a license somewhere, this gives us the opportunity to do both. So that works very well for us.” Read the entire article at the StarExponent.

November 19, 2009 ~

Housing Affordability Record-High Level for Third Consecutive Quarter

From the NAHB~ - Nationwide housing affordability, bolstered by affordable interest rates and low house prices, hovered for the third consecutive quarter near its highest level since the series was first compiled 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today. The HOI showed that 70.1 percent of all new and existing homes sold in the third quarter of 2009 were affordable to families earning the national median income of $64,000, down slightly from a near-record 72.3 percent during the previous quarter and up from 56.1 percent during the third quarter of 2008.

"At a time when housing is at its most affordable, we applaud the recent actions taken by Congress and President Obama to stimulate housing by extending the federal tax credit beyond its Nov. 30 deadline and expanding it to a wider group of eligible home buyers," said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. "With interest rates now lower than last quarter, the tax credit will encourage even more home buyers to enter the market and help stabilize housing and the economy by creating new jobs, stimulating home sales, reducing foreclosures, cutting excess inventories and stabilizing home prices." Read the rest of this article at www.nahb.org

August 27, 2009 ~

Positive Signs: Home Prices on an Upswing in Second Quarter 2009

As of the 2nd quarter of 2009, average home prices across the United States are at similar levels to what they were in early 2003. From the peak in the second quarter of 2006, average home prices are down 30.2%. Read the entire article at rismedia.com.

August 13, 2009 ~

Existing Home Sales Rise, Helped by Lower Prices

A real estate group says U.S. home prices posted a gain in the second quarter, another sign that the ailing housing market is finally coming to life. The National Association of Realtors says the median sales price in the quarter was $174,100, up 4 percent from the first quarter, but still almost 16 percent below a year ago. Click here for the rest of the article on CNBC.com.

June 16, 2009 ~

Culpeper Residents are Building Energy Star Homes

Culpeper residents are building Energy Star homes. Trigon Homes is proud to offer Energy Star certified homes for homebuyers looking for great deals and savings for years to come. Each new contract we are signing this summer includes our customers' peace of mind that utility bills will provide up to 30% savings each year they are in their home.

January 15, 2009 ~

Trigon Homes proudly supported the Gourmet Chefs Auction

Every year, the Gourmet Chef's Auction gets bigger. Their donated gifts, more generous and our gourmets, greater. Join us this coming February for a Mardi Gras celebration at the beautiful Daniel Technology Center in Culpeper. Enjoy an evening of wine, music and the best food in five Piedmont counties, not to mention an auction full of amazing, altruistic, guilt-free luxuries. Last year’s items included getaways to romantic Bed and Breakfasts, five-course meals, tickets to equestrian events, theater tickets, concert tickets, and the list goes on. Event held on Thursday, February 26, 2009 from 6pm to 10pm. Purchase event tickets here in our Trigon office during the hours of Monday through Friday, 9:00am-12:00pm and 1:30pm-5:30pm. All proceeds benefit S.A.F.E., Services to Abused Families. For more information, visit the event website at www.friendsofsafe.com.

October 15, 2008 ~
Trigon Homes celebrates one year as an Energy Star Certified Builder

Trigon Homes is proud to offer “tried and true” energy efficiency features to meet ENERGY STAR guidelines for new home building. The variety of features available can be integrated with consumer preferred designs, layouts, or option packages. This fit perfectly with our existing mission of providing our customers the option to customize their home down the the last detail. We get to offer energy savings that benefits homeowners, the environment and the future of homebuilding... well that's what we are all about here at Trigon! See how energy savings is really a built-in feature that is more behind the walls than in the appearance of your home. Click here to take a tour "behind the walls" at energystar.gov.

May 30, 2008 ~ Why Build a New Energy Star Home
Benefits for Homeowners, from Energy Star

LOWER OWNERSHIP COST
Compared with standard homes, ENERGY STAR qualified homes use substantially less energy for heating, cooling, and water heating-delivering $200 to $400 in annual savings. Over the average 7 to 8 years you may live in your home, this adds up to thousands of dollars saved on utility bills. Additional savings on maintenance can also be substantial. Financing your home purchase using an energy efficient mortgage can also lead to savings. Click here for full article.

Thursday, April 3, 2008 ~ Trigon Development was recognized in the Culpeper Star-Exponent's
Building Change for Generations by Allison Brophy Champion, staff writer

The three-story beige building on Piedmont Street went up quietly in about a year’s time, another new house in a sea of new houses. But this was not your average building project. The new headquarters for Services to Abused Families went up with faith and charity: faith that more women and children would find solace within its walls and charity worth about $150,000. Click here for full article.

Saturday, February 9, 2008 ~ Trigon Homes was featured in the Culpeper Star-Exponent's
Real Green Houses by Allison Brophy Champion, staff writer

Saving money...
Walter Cheatle Jr., vice-president of production with Trigon Homes, said his company is dedicated to building green now and into the future. “Every house we build from here on out will be an EnergyStar-certified house or EarthCraft,” he said. “This is by no means an anomaly.” Cheatle, 32, said Trigon started small with its model so as to show that an energy efficient house can go up at any price point. “We want every homeowner, whether they have quite a bit of money or they’re a first time homebuyer, to be able to buy into the green house program because it’s really become the wave of the future,” he said.

A huge misconception, Cheatle went on, is that it’s too cost-prohibitive to build green; while it’s “a little bit more expensive” to use better building standards, he said, it’s not so much that it will translate into a higher selling price. “We can stay right in the first-time homebuyer parameters and make it work for just about everybody,” Cheatle said. “It’s such a good program, we really believe the resale for the homeowners in the future is going to be a great benefit to them as well.” Click here for full article.

January, 17, 2008 ~ Trigon Article Released:
How to Choose a New Home Builder

Finding the right builder is key to achieving the new home that you envision.  Today, more than ever, people are choosing to build a new home to fit their individual needs, tastes, and lifestyles. They have learned that custom-built does not always mean expensive, and that it more often means better quality, higher satisfaction, and better long-term value for their house dollar. When you find the right builder, the process of building your very own new home will be even more rewarding and a much less stressful experience that you might imagine. 

What types of homebuilders?
There are three general types of homebuilders: custom builders, semi-custom builders and production builders. Click here for the full article.

Monday, December 3, 2007 ~ Trigon Homes' press release

BUILDING HOMES THAT PROTECT THE ENVIRONMENT
Trigon Homes is a local homebuilder with a history of helping the Culpeper Community. So, it’s no surprise that Trigon Homes has announced their active involvement in the green building movement that is has caught national and local attention. The term green building refers to energy efficient construction that seeks to preserve our environment and our natural resources. Click here for full article.

Thursday, December 6, 2007 ~ Trigon Homes named PBVIA's 2007 Builder of the Year

Trigon Homes is named 2007 Builder of the Year by the PVBIA, Piedmont Virginia Building Industry Association. This is the third year that Trigon Homes has been given this honor. Trigon previously held the title of Builder of the Year in 2003 and 2004.

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