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1855 sq. ft. 3 BR 2.5 Bath Griffin
7237 Terregles Drive
$188,615 – Ready February!

• Master 1st Floor with Coffered Ceiling
• Gas Range
• Luxury Owner’s Bath with Tile
• Screened Porch
• Upgraded Carpet
• Granite Countertops with SS Appliances
• Hardwood Floors

You will receive an extra $500. in FREE upgrades from our Design Studio for your new Standard Pacific Home when you schedule your neighborhood visit by e-mailing me at Raleighhomes@stanpac.com or by calling Leslie Loveless at 1-888-222-2412 before you visit.

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604 Cupola Drive
2 Bedrooms, 2.5 Bathrooms, 1,270 sq. ft.
$137,120
MLS# 1783739


•Open floorplan
•Hardwood floors
•Granite countertops
•Maple kitchen cabinets
•Stainless steel appliances
•Owner’s bath has two sinks
•Vaulted ceilings in the owner’s suite


Uniquely designed Townhome in an award winning amenity filled Community minutes from Downtown! The popular Cordova floor plan with loads of upgrades! The kitchen is gorgeous with 42\” cabinets, Granite & stainless steel appliances (including smooth top range, dishwasher, & built in microwave). The home boasts hardwoods throughout the entire main level & tile in owner’s bath!


You will receive an extra $500. in FREE upgrades from our Design Studio for your new Standard Pacific Home when you schedule your neighborhood visit by e-mailing me at LLoveless@stanpac.com or by calling me (Leslie Loveless) at 1-800-787-0414 before you visit for the first time.


Click Here to view more neighborhoods

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If you’re in the market for a new home, now is the best time to buy. Mortgage rates are at historic lows, and home prices have bottomed out in most markets. This is a good week to buy a house!

Volatility in the stock market has investors looking for safer places to stash their cash this week. Despite the downgrades, many investors fled to the relative security of long term U.S. Treasury Bonds, pushing down rates.

Rates for mortgages and other consumer loans tend to mirror the movements in the U.S. bond market. The rates on 30-year mortgages are highly correlated with the rate of the U.S. 10-year Bond. Despite Standard & Poor’s downgrade of U.S. debt Friday night, investors still fled to long term U.S. Treasuries Monday through Thursday. The 10-year Treasury bond rate is at all time lows.

Tuesday’s decision by the Federal Reserve to keep the target federal funds rate low until 2013 was a result of considerably slower economic growth. This is the first time the Fed has pegged its low rate to a date and the announcement of the timeframe was aimed at calming nervous investors. A low rate is supposed to stimulate economic growth by making it cheaper to borrow money for consumption or investment. When investors have confidence in the market and have the ability to borrow, money flows out of long-term treasuries into stocks, bonds and commodities. Ultimately, this will causes mortgage rates to rise.

While people continue to worry about the market conditions, U.S. Treasury securities will remain attractive to anxious investors. There is no telling when mortgage rates will go up or how far they will rise. Homebuyers with stable incomes and job security should take advantage of the low 30-year fixed rates now. Buying a home now can allow you to make a significant positive impact on your long term net worth.

Click here to view our move-in-quick homes!

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Who could say no to Godiva chocolates and a great deal on a new home? Stop by any of our Raleigh communities before February 28 and receive a special thank you gift just for visiting. We look forward to seeing you!

To print off the February Love Fest flyers, visit our Facebook page.

We know the fine print on the above image is hard to read, so we’ve included it again below.

©Standard Pacific Homes 2011. *Available for select homes only. This financing example is based on a sales price of $300,000 with a 3.5% down payment and a minimum credit score of 640. The mortgage is an FHA 30 year fixed loan with a 1-0 Buydown in the amount of $292,395 (including financed up front mortgage insurance premium) with a Note rate of 4.75% (5.441% APR). Buyer must qualify for financing at the Note rate of 4.75%. The interest rate is temporarily reduced to 3.75% for Year 1 and is 4.75% for Years 2 – 30. Monthly payments are $1,946.22 for Year 1, and $2,117.35 for Years 2 – 30. Monthly principal and interest, taxes, mortgage insurance and hazard insurance are included in the above payments. HOA assessments are additional and are not included in the above payments. Interest rates, payments, terms and availability of this loan program, and the sales price, are examples only and are subject to change without notice. Interest rates may not be available at time of loan commitment or closing. Maximum allowable FHA loan amounts will be determined by county loan limits. All loans are subject to credit approval. REstrictions and conditions may apply. Seller contributions toward buyer’s closing costs including seller paid buydown costs cannot exceed maximum limits established by loan program for which buyer qualifies. ** This loan program is available through Standard Pacific Mortgage, Inc. NMLS# 89607 the North Carolina Commissioner of Banks Mortgage Lender License Number: L-146109, L-146109-101, L-146109-102, the South Carolina Board of Financial Institutions MLS-89607. © Godiva Chocolatier 2011. No purchase necessary. While supplies last. No rainchecks. ** Restrictions apply, varies by community contact your Sales Representative for details. Does not include prepaids and Escrow items. ***Washer Model # WTW 4900, Free dryer model # WED4900XW.

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StanPac has redesigned our website to better serve you! In addition to a whole new look, we’ve added helpful features that include:

• Mortgage & home financing calculators
• Your Notebook home search tool
• A website version optimized for your mobile device
• And more!

So if you haven’t already, go check out the new standardpacifichomes.com. And stay tuned – we’re announcing new Raleigh communities soon!

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At Standard Pacific, we’re starting 2011 off right with a special rate for Raleigh home buyers! Come in to one of our new home communities this weekend to take advantage of these low rates.

Full details:

*This financing example is based on a 30 year fixed FHA loan with a 3.5% down payment and a minimum credit score of 640. The mortgage has a 1-0 Buydown with an interest rate of 4.75% (5.587% APR). Buyer must qualify for financing at the note rate of 4.75%. The interest rate is reduced to 3.75% for Year 1. Based on a sales price of $230,000 and a loan amount of $224,170 (including financed up front mortgage insurance), monthly principal and interest payments are $1,038.16 for Year 1 and $1,169.37 for Years 2 – 30. Monthly taxes, HOA assessments, mortgage insurance and hazard insurance are additional and are not included in the above payments. Interest rates, payments and terms of this loan program, and the sales price, are examples only and are subject to change without notice. Restrictions may apply. **Restrictions apply. Non recurring closing costs paid by seller when financing through Standard Pacific Mortgage. Seller contributions toward buyer’s closing costs including seller paid buydown costs cannot exceed maximum limits established by loan program for which buyer qualifies.  *** This loan program is available through Standard Pacific Mortgage, Inc. licensed by North Carolina Commissioner of Banks Mortgage Lender License Number: L-146109, L-146109-101, L-146109-102.  South Carolina Board of Financial Institutions supervised Lenders License Number S-7,691. NMLS# 89607. Buyer must obtain financing and close with Standard Pacific Mortgage by 3-15-11. Available on non-contingent sales written between 1/14/11 and 1/16/11. Homes must close by 3/15/11. Prior sales excluded. See Sales Representative for complete details.

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Take advantage of a great opportunity to own a new Standard Pacific home, this weekend only! StanPac is offering a 2-1 rate buy-down on FHA 30-year fixed rate loans for the first two years. The FHA 2-1 buy-down rate is available on all Raleigh-area Standard Pacific Homes, including our Quick Move-In homes. To be eligible, the home must be closed by 12/30/10. So here’s the breakdown:

• Year 1: 2.625%
• Year 2: 3.625%
• Years 3 – 30: 4.625% (5.51% A.P.R) FHA 30-year fixed rate
• Seller-paid closing costs**
• Visit one of our Raleigh-area sales offices this weekend for full details!

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During Standard Pacific’s Friends with Furniture contest, we’re giving you the chance to win free furniture from Heavner Furniture in Raleigh! Prizes include a $1000 grand prize gift card and six $500 gift cards to Heavner. If you haven’t entered the contest yet, watch this video to learn how:

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That’s right, Friends with Furniture 2010 is a go! If you didn’t participate last year, here’s the lowdown: StanPac Raleigh is giving our Facebook fans a chance to win free furniture. We thought StanPac home buyers would especially appreciate some furniture to complement their new home, but the contest is open to everyone!

The prizes this year include a $1000 grand prize gift card and six $500 gift cards to Heavner Furniture in Raleigh. Plus, we’ll also be giving away decor accessories from our model homes.

Raleigh-area Realtors, home shoppers, homeowners, furniture lovers — we invite you to enter our Friends with Furniture contest. Here’s how to enter (visit friendswithfurniture.com or our Facebook page for more info):

1. Become a fan of Standard Pacific Homes – Raleigh on Facebook
2. Visit any one of our Raleigh-area locations and take a photo in one of our communities (Ex. Photo of your favorite model home, community, amenity or sales representative)
3. Upload your photo with a comment to our Raleigh Fan Page wall
4. Go to www.friendswithfurniture.com and submit the link to your photo or simply e-mail the link to entry@friendswithfurniture.com
5. Your e-mail submission enters you into the contest. Only e-mail submissions count as valid entries.
6. Repeat this process up to once a week until the end of the contest on November 1st. Entries must be from a different community each week with maximum total of (6) possible entries for the promotion.
7. Attend our Friends with Furniture Event at the Lennox at Brier Creek Clubhouse on November 13th for the live drawing of winners.

We’ll be updating you throughout the contest via our social media channels — if you have any questions, don’t hesitate to drop us a comment. Can’t wait to see your entries!