Home prices in America’s communities are continuing to climb on the local, state and national fronts, according to the latest analysis by Irvine, California based CoreLogic, which released its Home Price Index report.

In the Greater San Antonio/New Braunfels metropolitan area, April marked another banner month for the industry — as home prices rose 6.6 percent between April 2012 and April 2013. That figure surpassed the March 2013 increase of 5.4 percent. Overall, communities in Texas saw home prices rise 8 percent over the 12 months that ended April 30, 2013.

Nationally, home prices rose 12.1 percent between April 2012 and April 2013. According to the HPI report, that figure marks the biggest year-over-year increase in home prices since February 2006.

“House price growth continues to surprise to the upside,” says Mark Fleming, chief economist for CoreLogic. “Increasing demand for new and existing homes, coupled with low inventory, has created a virtuous cycle for price gains ... .” All home-price data includes both conventional and distressed sales. Distressed sales include short sales and real estate owned (REO) transactions.

The CoreLogic HPI is a repeat-sales index that tracks increases and decreases in sales prices for the same homes over time. The CoreLogic HPI covers 6,840 ZIP codes, 627 core-based statistical areas and 1,200 counties located in all 50 states and the District of Columbia.

Look for the 2013 mid year housing update out later this month! All that to say, It’s a perfect storm ya’ll!

Princeton Classic Homes sponsored the Rod Ryan Charity Golf Tournament, which benefits Texas Adaptive Aquatics (TAA). The Rod Ryan Charity Golf Tournament event was held at Cypresswood Golf Course in Spring, TX, with employees from Princeton Classic Homes volunteering on several holes along the course. TAA was founded in 1989 and incorporated in the State of Texas in 1990. This non-profit organization specializes in sports training programs for children and adults with physical and/or mental disabilities, with the intent of helping them discover the thrill and excitement of water skiing, sailing, and kayaking. All equipment is supplied by TEXAS ADAPTIVE AQUATICS, INC. and is acquired solely through donations by individuals, and/or corporations. Over 15,000 disabled citizens across the country have participated in TAA programs throughout the years. Princeton Classic Homes believes in giving back to originations that make a difference in people’s lives. To donate or learn more about the organization and future volunteer opportunities, visit TAASports.com. Seize this unique and rewarding volunteer opportunity today by contacting TAA at 281-324-4635.

Princeton Classic Homes is spicing things up in Katy at the first-ever Katy Crawfish Festival! The Princeton brand is partnering with Arcadian Group as a premier sponsor for the festival, which will benefit Christus St. Catherine Hospital, Snowdrop Foundation and other local charities.

The 2012 Katy Crawfish Festival will be held at Katy Mills Mall on March 30th-April 1st., and will showcase a gallery of Louisiana’s best and most traditional cuisine including spicy boiled crawfish.

Once stomachs are full, festival-goers can shop at more than 100 arts and craft vendors and commercial exhibitors and participate in plenty of fun-filled events for the entire family.

While enjoying the festivities, families can make their dream home a reality by visiting with Princeton Classic Homes Sales Counselors, who will be on-site to discuss home buying needs. The top Houston homebuilder has current inventory homes, pre-designed plans, as well as the ability to create a completely customized home. Princeton Classic Homes offers many distinctive communities throughout the Katy, TX and surrounding areas.

Princeton Classic Homes is more than a homebuilder; it’s a community developer. In more than 20 years of experience, the company has grown to truly understand the importance of strong neighborhoods and strong schools. It has a proud tradition of creating homes in which buyers can make lasting memories for many years to come.

Founded in 1991, Princeton Classic Homes prides itself on a rich history of home building and construction expertise. The company has matured to become one of Houston’s largest home builders, whose values are based on a commitment to quality construction, superior designs, and most of all - customer satisfaction.

Princeton Classic Homes has built thousands of new homes throughout the greater Houston Area, and offer options that range from a family's first home to multi-million dollar estates. Customers can be assured that regardless of the size, their home will reflect award-winning design, showcase innovative features and boast a location in one of Houston’s most distinctive communities. At Princeton Classic Homes, we believe in our homes, our communities, and your future.

Princeton Classic Homes is excited to announce that it will be partnering with the Arcadian Group, as a sponsor for its Cy-Fest 2012 Taste of Louisiana event. The Cy-Fest theme for 2012 will be a Cajun style event with all the fixings you need to satisfy that "BIG EASY" taste. The event will be held on the Fairfield grounds across from the Houston Premium Outlets with plenty of parking and shuttles available. The Cy-Fest event will begin on Friday, March 23, 2012 from 6pm-12am and continue Saturday, March 24, 2012 from 12pm- 12am and Sunday, March 25th, 2012 from 12pm-6pm. Princeton Classic Homes Sales Counselors will be available to discuss your needs with information regarding our current inventory homes, as well as homes to be built. Princeton Classic Homes offers 9 distinctive floor plans which include 1-1 ½ story and 2-story designs priced from the $180’s and range from 2,041 to 3,018 square feet. Fairfield is located within the award-winning Cypress-Fairbanks Independent School District with several schools located on-site. Fairfield offers an array of recreational amenities, including a 15,000 square foot athletic club, competition size swimming pool, tennis courts, and a 20-acre sports park with baseball and soccer fields. Visit us today and speak with our Sales Professionals for more information.

Princeton Classic Homes has partnered with Environments for Living to ring in the New Year. This partnership will allow Princeton Classic Homes buyers with peace of mind, knowing that they are purchasing a home that is energy efficient and environmentally friendly. An Environment For Living energy efficient home does more than just help the environment. It can increase your home's comfort and durability. It can help save you money through energy-saving features that can add up over time. This nationally recognized program provides a rigorous set of requirements for home builders who've made a commitment to go the extra mile for energy efficiency and home owner comfort. Princeton Classic Homes will begin this process in January 2012, which will permit each home built to be Environments for Living certified.

What is Environments for Living?
Environments for Living is a nationwide program backed by Masco Home Services that takes a systems approach to home construction incorporating the principles of building science. The program evaluates all elements of the home before construction begins in order to plan for maximum comfort and energy efficiency. During construction independent inspectors verify the home is being built correctly. Finally, before the home owner moves in, the home is tested to make sure it performs as planned.

Benefits of owning Environments for Living certified home?
The Environments For Living program provides a rigorous set of requirements for home builders who’ve made a commitment to go the extra mile when building each home. For example, all levels of the current Environments For Living program qualify for the ENERGY STAR® label; Environments For Living program actually requires that your builder provide additional features and techniques. Environments For Living is a program based on “building science.” It treats the home as a “system of systems” that work together, and it backs this science with limited guarantees* on comfort and heating/cooling energy use.

Legend Homes & Princeton Classic Homes participated in the Adopt a Family Holiday Program along with the Housing Authority of the City of Houston and the GHBA. Legend Homes & Princeton Classic Homes company employees came to together to spread some holiday cheer by sponsoring families from the GHBA Wish List this season. “Giving back to the community is something Legend Home & Princeton Classic Homes are always excited to be a part of. We understand that many families are in need at this time of year and supporting organization like the Frank Aranza’s Adopt a Family Program is a great way to give back to the community.

Princeton Classic Homes has completed its new model The Marshall in Fairfield Baker’s Ridge section. Fairfield is a master planned development located in the Northwest Houston/ Highway 290 corridor. Fairfield offers an ideal location and is located off of Highway 290 and Mason Road, which allows residents easy access to Highway 290, Highway 6 and Beltway 8. Princeton Classic Homes is offering distinctive floor plans consisting of 1- 1 ½ story and 2-story designs with square feet ranging from 2041 square feet to 3018 square feet and starting from the $180’s to $230’s . Fairfield buyers can expect exceptional floor plans that offer oversized garages, large master suites, media rooms, game rooms, energy saving features, high ceilings, and much more. The community is located within the award-winning Cypress-Fairbanks Independent School District with several schools located on-site. Fairfield offers an array of recreational amenities, including a 15,000 square foot athletic club, competition size swimming pool, tennis courts, and a 20-acre sports park with baseball and soccer fields. Currently, Fairfield has eight lakes, six neighborhood parks and six neighborhood pools, plus numerous pocket parks and greenbelts winding through the community. Visit us today and speak with one of our Sales Professionals for more information.

Legend Homes / Princeton Classic Homes has partnered with HomesAid Houston to build a center benefiting the Gracewood’s northwest campus. In early June, the HomeAid board approved the construction of the third building on Gracewood's northwest campus. Builder Captain Legend Homes will be heading up this 7400 square foot project, along with architect Mark Atkins of Masa Studio. A fall groundbreaking is planned for this group home which will provide housing for 16 homeless women and children and administrative space for the agency.

Legend Home Corporation has been building quality homes for Houston homebuyers for over 20 yrs now. Building under the brands Legend Homes and Princeton Classic Homes, the company has expanded to over 29 communities across the Greater Houston area. From its humble beginnings as a land buyer and developer, Legend Home Corp. has grown to become one of the top builders in Houston, building and developing some of the best communities the city has to offer.

The flagship brand, Legend Homes, features homes starting in the $100’s. Legend Homes builds in 21 locations across the city, offering free appliances with the purchase of a new home.

Princeton Classic Homes are designed to compliment a community, a lifestyle and individual success. Princeton Classic Homes build in 8 locations across the city. With homes from the $200’s, Princeton Classic Homes has a community that will fit you and your families needs.

Legend takes pride in giving back to the community it serves and the building industry. Legend’s industry-affiliated activities include HomeAid Houston, GHBA, HAR, NAHREP (National Association of Hispanic Real Estate Professionals), REAL (Latino Real Estate Professionals), AAREA (Asian American Real Estate Professionals), several Women’s Council of Realtors chapters and several chambers of commerce. Additionally, Legend Homes / Princeton Classic Homes work with local school districts and civic organizations, and contribute too many local charities.

Click Below to read the Cover Story about Princeton Classic Homes in The Builders Journal - July 2010 issue "Timeless Beauty by Design" By Jim Akans