Fischer & Frichtel Launches Plans to Revitalize Local Housing Market

Posted by Elizabeth on January 21, 2010

The nationwide economic downturn has produced a shift in home buyers’ approach to purchasing new homes.

Do you really need it?
Purchasing a new home should be an exciting experience, but the economic downturn has caused many home buyers to rethink if what they “want” is really what they “need.”
Now, a buyer’s primary concern is acquiring the most affordable home possible- price is now paramount on their mind. Some items that were desirable to buyers aren’t as important now, and customers aren’t willing to pay for them.

The option to choose
In previous years, we’ve been making the decisions about what customers needed, rather than giving them the option to choose what they’d like and wouldn’t like in their home.
Fischer and Frichtel wants to make all of our communities affordable to the largest possible number of buyers – and to leave the definition of “affordable” up to the customer. In other words, we’ve taken customization to a new level – the buyer now has greater freedom to customize their home.
Base prices on these new plans have been pared down to rock bottom, and cost-conscious buyers have far more latitude in choosing their interior features – which translates to greater control over the final contract price.
Structurally, the new product lines are designed with virtually all of the same high-quality components previously included, but customers now have almost unlimited freedom to select their preferred amenities.

Affording your dream home
Now buyers can get a luxury, custom home at a price they can afford. Prices and interest rates are at historic lows and have nowhere to go but up. The federal stimulus plan expires this spring, and Missouri tax credit funds are limited and only available on a first-come, first-serve basis. Now is definitely the time to maximize the value of their investments.
*Tremendous savings are also available to purchasers in the company’s entry-level communities, where pricing was reduced last fall in conjunction with the federal first-time buyer stimulus program. Some of these neighborhoods offer additional incentives, and the remaining inventory homes in various close-out communities have been dramatically reduced for quick sale.

Pricing

Community	Old Price (starting from)	New Price (starting from)
Coachlight	$249,900.00	$219,900.00
Grandview	$693,700.00	$539,900.00
Kendall Bluffs	$529,000.00	$464,900.00
Leighton Hollow	$314,900.00	$271,900.00
Montecito	$224,900.00	$179,900.00
Spring Mill	$551,700.00	$434,900.00
Talbridge	$344,900.00	$299,900.00