Tag Archives: Market

RE/MAX – December 2013 National Housing Report

Thursday, 30 January 2014 22:11
Written by
0 Comments

1-30-2014 2-56-12 PMDespite the traditional winter slow down, both home prices and sales inched higher in December. The RE/MAX National Housing Report, a survey of MLS data in 52 metropolitan areas, found the December median home price of $185,400 was 11.9% higher than the median in December 2012. After double-digit growth in home sales during the summer, sales cooled off, but December still saw a 0.7% year-over-year increase. Slower sales growth is associated with a limited inventory of homes for sale coupled with increased lending requirements and mortgage fees. At the rate of home sales in December, the Months Supply of inventory rose to 5.9 months, nearly equal to the 6.0 supply that defines a market balanced equally between buyers and sellers. Although the national inventory situation remains tight, it appears to be trending in the right direction. With a 12.0% drop in inventory from December 2012, the percentage of year-over-year inventory loss has shrunk for nine consecutive months.

“It’s great that improving market fundamentals continued through the normally slower winter months, and we ended the year on a strong positive note.”

Margaret Kelly, RE/MAX CEO

To view the full report, click here:  REMAX_National_Housing_Report_Jan_2014

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

Real Estate and The Super Bowl

Monday, 20 January 2014 15:03
Written by
0 Comments

Did you know that the top 10 NFL teams that have gone to the Super Bowl five or more times come from cities with high median home prices?

Did you also know that the day after the Super Bowl is known as a great time to list your home?  Home inventory is still low in the North Metro Atlanta area (Suwanee, Cumming, Milton, Johns Creek, Roswell, Alpharetta and Lake Lanier), and getting a jump on the spring season could ensure that your listing gets more attention.

Super Bowl Appearances vs. Real Estate Prices

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

Home Price Increases Continue in Atlanta

Thursday, 09 January 2014 21:56
Written by
0 Comments

Below is a great article from the Atlanta Business Chronicle that I thought I would share.    Please see the original article here.

***

Jan 7, 2014, 10:23am ESTMetro Atlanta home prices spiked 15.7 percent year-over-year in November, according to the latest date from CoreLogic.

Jacques Couret
Senior Online Editor and Social Engagement Manager- Atlanta Business Chronicle

Metro Atlanta home prices spiked 15.7 percent year-over-year in November, according to the latest date from CoreLogic.

The real estate data firm’s monthly home price index also showed house prices appreciated 13.3 percent in Georgia — fifth highest in the nation.

Nationally, November home prices rose 11.8 percent compared to November 2012 and were up 0.1 percent over October 2013.

“The housing market paused as expected in November for the holiday season with very low month-over-month appreciation,” said Mark Fleming, chief economist for CoreLogic, in a statement. “Our pending home price index projects that home prices will grow by 11.5 percent for the full year 2013. That will make 2013 the best year for home-price appreciation since 2005.”

New Construction Continues to Boom in Forsyth County

Monday, 30 December 2013 18:12
Written by
0 Comments

Don’t believe me?   Below are over 30 new construction opportunities in new construction 2Cumming alone.

Remember that when entering into any real estate transaction, even when purchasing a new home, you need a Buyer’s Agent.   The selling agent is obviously interested in getting you to pay top-dollar for their property; however, a buyer’s agent will help counteract this by taking note of other similar sales in the area and making sure you aren’t paying too much.  In essence, they are there to buffer you and negotiate on your behalf so that by the time you close, your house has not only been properly inspected, but has also been placed in perfect condition.

It’s important to have someone in your corner who will make sure that you are taken care of throughout the entire process.   The Dinsmore Team can help you find the right mortgage lender, closing attorney and help you find your perfect home.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

CUMMING

  • Ansley at Pilgrim Mill: from the mid $150’s – pool; tennis, cabana
  • Bridgetowne:  from the mid $170’s – model home available; four lighted tennis courts; Jr. Olympic swimming pool with separate kiddie area with water fountains; clubhouse with  full kitchen; basketball court; fitness center; large well-equipped playground
  • Brookhaven at Lanier Ridge:  from the $280’s – model home available; pool; clubhouse; gated; convenient location; active adult
  • Brookside: from the $200’s – model home available; swimming pool; tot lot; low Forsyth county taxes; excellent Forsyth county schools
  • Brookstone:  from the mid $150’s – pool; tennis
  • Edgebrook:  from the mid $300’s – model home available; great location & schools
  • Enclave at Avington:  from the $300’s – Lambert High; complete lawn care
  • Fieldstone Preserve:  from the $400’s – model home available, estate lots; lifestyle community
  • Gates at Castleberry:  from the $260’s – model home available; Forsyth County schools; just 2 miles to GA400; beautiful wooded homesites with hilltop views
  • Greystone Trace: from $179 – basements; great schools; small quaint community
  • Heathstone: from the $160’s – pool and cabana; private gated community; excellent Forsyth county schools; low Forsyth county taxes; easy access to GA400; close proximity to fine dining; shops and entertainment; minutes to Lake Lanier and downtown Cumming
  • Highlands at Sawnee Mountain: from the $250’s – pool; tennis; playground; cabana
  • Hopewell Manor: from the $190’s – model home available, close to GA Premium outlet and Lake Lanier; great prices
  • Hunters Walk: from the $240’s – model home available; pool; tennis; sidewalks
  • James Creek: from the $190’s – model home available; pool; water slide; tennis; clubhouse; playground; great schools
  • Lake Forest: from the $340’s – final opportunities
  • Liberty: from the $290’s – model home available; convenient to GA400
  • Longview: from the mid $150’s – minutes to Lake Lanier
  • Manor at Kingswood: from the $200’s – ranch plans available
  • Marseille: from the mid $300’s – model home available; pool; convenient location; cabana; great schools
  • Provence: from the high $300’s – model home available; great location
  • Saddlebrook: from the low $200’s – model home available; best-selling community in Forsyth County; final opportunities available; great amenities.
  • Shiloh Woods: from the high 100’s – pool; tennis; single family & townhome community; south Forsyth high school district
  • St. Michaels Bay: from the high $300’s – model home available, lake living
  • The Springs at Burnt Bridge: from the $150’s – model home available; playground; great schools; ranch plans
  • Stonehaven Pointe: from the $190’s – model home available, pool, water slide, tennis, sidewalks, clubhouse, playground
  • Telfair: from the $200’s – model home available; great price per sq. ft; amazing amenities; great location
  • Trammel Estates: from the $400’s – convenient location, great schools
  • The Villas at Castleberry Township: from the $190’s – model home available; low maintenance; active adult living; well-appointed ranch villas; attached and detached homes with basements available
  • Villages at Settingdown Creek: from the $160’s – pool; tennis
  • Wellstone: from the mid $200’s – model home available; pool; clubhouse; convenient location; active adult; hardwood floors; granite; stainless steel appliances; maintenance free; ranch plans
  • Westbrook: from the $300’s – model home available; beautiful community with fabulous amenities in the popular South Forsyth area; only two opportunities remain
  • Windermere: from the high $300’s – model home available; amenities galore; final new homes

SUWANEE / ALPHARETTA

  • Castille: from the $300’s – estate sized lots; private gated community; excellent schools
  • Champions Run: from the $240’s – model home available, new phase
  • Herring Township:  from the $160’s – model home available; pool; tennis; convenient location
  • Lakepoint at John’s Creek:  from the mid $200’s – townhomes; great schools
  • The Reserve at Settles Bridge:  from the high $300’s – Lambert High School; brand new community
  • Riverbrooke:  from the $300’s – model home available; pool; tennis
  • Waterbrooke:  from the $190’s – model home available

Utility Savings For Seniors and Low-Income Earners

Tuesday, 17 December 2013 17:39
Written by
0 Comments

cold winterDo you know any seniors or low-income family that might need some additional help this winter paying their bills?   You might be able to help them by letting them know about the Low Income Home Energy Assistance Program (LIHEAP).  LIHEAP helps keep families safe and healthy through initiatives that assist families with energy costs.

There are both Federal and State assistance programs.  Here are a few, but there are more listed at the site,  or you can call them directly (800-869- 1150).   http://dfcs.dhs.georgia.gov/energy-assistance)

  • SCANA:  The regulated natural gas provider program, provided by SCANA Energy and partially funded by the state’s universal service fund, provides natural gas service to low income households and to consumers who are unable to obtain or maintain natural gas service from another marketer.  Households meeting the low-income requirements established by the Georgia Department of Human Resources qualify for a reduced security deposit, special rates and a lower customer service fee. To sign up, customers need to contact the community action agency serving their county.  Those not meeting low-income requirements may still qualify for service with the Regulated Provider. Call 1-866-245-7742 for complete details.  www.scanaenergyregulated.com/en/rates/
  • Atlanta Gas Light: Senior citizens who are 65 years of age or older and have a total annual combined household income of $14,355 or less are eligible for up to a $14 monthly discount on their Atlanta Gas Light Company base charge. Natural gas service must also be in the customer’s name to be eligible. For questions, call Metro Atlanta at 770-994-1946 or outside Metro Atlanta at 1-800-427-5463.  www.aglc.com/Home/EnergyAssistance.aspx
  • Gas South: Gas South offers its customers, aged 65 and older, various senior rates which provide a discount on natural gas consumption charges. Senior customers may also be eligible for discounted customer services charges and up to a $14.00 monthly discount on Atlanta Gas Light base charges.
    1-877-332-5442  www.gas-south.com/residential/rate-plans.aspx
  • Georgia Natural Gas: Customers who are 65 years of age or older with an annual combined gross income per household of $14,355 or less are eligible for a $14.00 monthly discount on their base charge.  770-850-6200 or 1-877-850-6200     www.georgianaturalgas.com/residential/seniors.html
  • Georgia Power: The monthly base charge ($10.50 for gas and $14.00 for electric) is waived for customers who are at least 65 years old and the total household income is not more than $22,340 annually.  Call 1-888-660-5890 (option #8)
  • The Heating Energy Assistance Team (HEAT): The HEAT program is administered by the Georgia Department of Human Resources statewide through Community Action Agencies. Private citizens and the natural gas industry provide funding.  Call 678-406-0212   www.heatga.org/
  • Project SHARE: A statewide program funded by electric utility customers who donate through their monthly electric bills. The program is administered by The Salvation Army.    Call 404-873-3101 (metro Atlanta) or 1-800-257-4273.  Find your local Salvation Army

Wishing you and your family a safe holiday season!

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789