Archive for August, 2008
Florida Real Estate, Now is the Best Time to Buy
Posted By Dave Tipton on August 10th, 2008
Here’s Six Excellent Reasons Why….
1. It’s a Buyer’s Market- What exactly does a Buyer’s Market mean? A Buyer’s Market is a real estate market which has more sellers than buyers. Lower prices result from this excess of supply over demand, also called a soft market. Additionally, buyers have a much easier time negotiating concessions such as who pays what closing costs or the cost of new carpet and whether those gold brocade drapes stay behind.
2. The huge inventory of homes for sale gives the buyer a fantastic selection to choose from. The number of homes and land for sale in the Tampa Bay Area is greater now than it has been in the last 15 years.
Suwanee Promotes Youth in Performing Arts
Posted By DeWayne Davis, REALTOR(R), Suwanee on August 7th, 2008
The Suwanee Academy of the Arts is presenting a two-night theatrical treat for Suwanee residents. Tomorrow night, the performance troupe hits the amphitheater stage with a fun, energetic and youthful performance of Disney’s musical “Aladdin” followed on Saturday night by “Ali Baba and the 40 Thieves – The New Musical.” Final rehearsals were completed Thursday night before a slowly growing, curious crowd in preparation for the real audiences Friday and Saturday nights.
Once again the City of Suwanee is providing a great opportunity to experience live theater on a fantastic stage and for free. Don’t miss this opportunity.
Existing Home Contracts Rise in June 2008
Posted By Matt Hermes on August 7th, 2008
Home sales contracts signed in June unexpectedly rose across the country, but still were well below year-earlier levels, the National Association of Realtors said Thursday.
The trade group for Realtors said its Pending Home Sales Index, based on contracts signed in June, was up 5.3% to 89.0 from a downwardly revised 84.5 in May.
It was the highest reading for the index since October 2007, when it was at 89.8. But the index was 12.3% below year-ago levels.
The pickup in June signings was sharply contrary to forecasts by economists polled by Reuters, who had expected home sales contract signings to decline 1%. This news comes as a surprise to some but there are numerous reports that the overall market has eased and sales will continue this upward trend.
The association’s senior economist, Lawrence Yun, said the swings in monthly signings “indicates a housing market in transition.”
“This is welcome news, because a rise in contract activity is necessary for an overall housing recovery,” Yun said.
Contract signings rose in June by 9.3% in the South, by 4.6% in the West, 3.4% in the Northeast and 1.3% in the Midwest.
The realtors said the improvement in contract signings “appears to be broadening” and expressed hope that housing legislation signed into law last month will further encourage buyers. The legislation offers a tax credit to first-time home buyers and aims to ward off some foreclosures.
For more information on this article or discuss the current real estate market please contact me at 678-279-4717.
Matt Hermes
Stonewater Creek / Hamilton Mill Area New Subdivision
Posted By Matt Hermes on August 7th, 2008
Vintage Communities recently announced the grand opening of Stonewater Creek, a community located in the Hamilton Mill area, with homes priced from the mid $600s too $900s. According to the developer, Stonewater Creek features a gated entry, scenic streetscapes and abundant amenities.”From the moment you drive through the stacked stone and brick gated entry, past the guardhouse and along the lushly landscaped parkway, you’ll truly feel that you’ve arrived at home,” says Claudia Rossi, marketing director for Vintage Communities.
Homebuyers at Stonewater Creek have the option of choosing from numerous floor plan options, customizing an existing plan or bringing their own plan. Builders at Stonewater Creek include Braselton Custom Homes, Currahee Home Builders, Davidson Signature Properties, Delta Enterprises, Design Plus Custom Homes, JGW Builders, Jimmy Britt Builders, Jim Hogan Homes, John Addy Homes, Patriot Builders, P & D Developers, R.W. Curtis Homes, Stone Edge Properties and Timberbrooke Holdings.
Residents will enjoy a two-story clubhouse with a casual seating area and fireplace, kitchen, children’s activity room and outdoor fireplace; an aquatic center with competition sized swimming pool, double-spiral water park slide, zero-entry children’s pool with three water mushrooms and water slide; a playground, four lighted tennis courts and fitness trail. Completion is estimated for summer 2008. For more information on homeownership at Stonewater Creek, please call 678-279-4717 or email us at mhermes@diamonddwellings.com.
Richardson Housing Group Opens Wynterberry Park Subdivision
Posted By Matt Hermes on August 7th, 2008
Local residential developer Richardson Housing Group announced recently that the model home is now open at its newest development – Wynterberry Parke in Lawrenceville.Wynterberry Parke is a community of 36 homes. According to RHG, the brick and/or stone exterior homes feature accents and are priced beginning in the $220,000s. There are five floor plans from which to choose. Each home features a fully-finished and painted garage with carriage-style doors, 9-foot smooth ceilings on the main level, hardwood entry foyers and weather resistant barriers.
Wynterberry Parke is located in Lawrenceville at the corner of Azalea Drive and Highway 124.
The first completed homes in Wynterberry Parke are currently move-in ready.
Richardson Housing Group is one of only a few local builders that are stepping up and bringing new construction into the County at this point and I applaud them. I know Allen Richardson (played golf with him a couple of times. Good golfer as well) and they are a first rate company that continues to succeed in the local market and has won numerous awards, most recently they were awarded two OBIE Awards by the Sales and Marketing Council of the Greater Atlanta Home Builders Association, recognizing the real estate and development company for its quality construction, design innovation and industry achievements.
The many awards and professional accommodations earned by Richardson attest its commitment to quality and value. The company was recognized by the US Small Business Administration as the 2007 Georgia Family Business of the Year. The company has also won multiple Professionalism Awards from the Greater Atlanta Home Builders Association and was named a Governor’s Small Business of Excellence in 2006. In 2005, Richardson Housing Group was a finalist for the Georgia Family Business of the Year.
For more information on this new development give us a call or email us and we will be happy to provide more information.
Matt Hermes
