Vistana's prices, low mortgage rates give buyers an edge

With mortgage rates at historic lows, now is the time to buy at Rhodes Homes' Vistana condominium development in Rhodes Ranch, according to sales agent Maxine Astengo.

"With rates as low as they are, a qualified new-home buyer can buy a home at Vistana for $1,000 down and less than $800 per month. The best part is you're buying your new home, building up equity and owning a piece of your future. Why waste money on rent?" Astengo said.

With 30-year fixed interest rates hovering near 6 percent in the past few weeks, home buyers can attain some of the finest mortgage deals not seen since the days of 1950s and 1960s.

"Lock them in with a great new home at Vistana before the rates and the home prices go up again," Astengo said.

Resort-style recreational opportunities include two pools, a two-story fitness center and spa. A third water amenity is planned.

The southwestern valley development is in its final phase of construction.

Three floor plans feature one bedroom and one bath, and measure from 670 to 796 square feet. Five two-bedroom, two-bath plans range from 847 to more than 1,200 square feet. The largest residence, the three-bedroom, two-bath Venice floor plan, measures 1,413 square feet.

Home prices start from the mid-$70,000s to the $130,000s.

To visit, take Interstate 215 to Durango Drive, then go south to Warm Springs Road. Sales office hours are from 10 a.m. to 5 p.m. daily.

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