Layne Marceau is the President of Shea Homes in Northern California. Shea Homes is a family business known for its attention to detail, quality of design and caring approach to home building. The company’s legacy spans to their contributions to major projects such as the Golden Gate Bridge, Hoover Dam and Bay Area Rapid Transit System to name just a few.
Below are two main trends we are seeing in real estate in the Bay Area:
1) “No Vacancy”
Silicon Valley real estate is a waiting room for house-hunters in the most coveted residential market in America. According to a new report, the South Bay has the lowest residential vacancy rate in the United States, with 99.8 percent of homes being occupied.
This may help explain why new housing communities are breaking sales records. Sage by Shea Homes, a new community in Livermore – 30 miles East of Silicon Valley, pre-sold 21 homes during their first phase home site release. And have since pre-sold another 29 home sites during their second and third phase releases.
2) The Evolution of the Master-Planned Community
New master planned communities are being designed to bring balance and well-being to life. After more than two years of design and planning, Shea has created an environment in which to decompress. “Sage is a prime example of the evolution of a master-planned community for the way you live today” according to Layne Marceau, President of Shea Homes Northern California.
Alameda County’s latest community offers more than just beautiful new homes, it provides a holistic lifestyle designed to counteract the stress of a fast paced life.
Shea Homes, a trusted name in homebuilding, has raised the bar with this master-planned community. Residents can take advantage of the comfortable California climate on a fitness walk that includes stretching and workout stations. A communal outdoor fireplace, dining and picnic areas allow families and friends to enjoy al fresco living, and a community garden invites farm-to-table dining. Children and adults will make use of a gathering lawn, play structure and basketball court.
Drought tolerant landscaping and an art walk, consisting of 12 original sculptures by artists Ivan McLean and Christopher Curtis, adds to the charm and cohesion of this holistic community. Additional sports and recreation are available across the street at Cayetano Park, which offers sports fields and basketball courts along with a dog park.
Livermore is the ideal location for an environment like Sage. Set among rolling hills of vineyards and open space, it boasts a burgeoning wine industry and an up and coming entertainment scene, offering an escape from the big city. Livermore enjoys easy access to San Francisco’s culture and a variety of Bay Area activities via BART and Highway 580.
High Resolution Images of Sage by Shea Homes can be found here.
Source – Leigh-Anne Anderson, Gauger+Associates