Archive for April, 2009
New Hamilton Mill Listing Coming May 1, 2009
Posted By Matt Hermes on April 29th, 2009
We wanted to pass on another new listing coming to market in Hamilton Mill on May 1st.
This home is located in the prestigious “Cambridge” section of Hamilton Mill and will not disappoint. Priced below $700,000, this home is a great value and in “Like New” condition.
Spectacular upgrades adorn this offering and no detail has been missed. Huge Chef’s kitchen, keeping room, master on main and so much more.
Keep an eye out for more details coming soon or give me a call to discuss in more detail.
Dos Copas – Family Friendly / Community Restaurant
Posted By Matt Hermes on April 28th, 2009
Last night my wife and three kids took a break from the kitchen (actually my wife told me we were) and headed out to our favorite Mexican Restaurant, Dos Copas in Dacula, just outside of Hamilton Mill.
Dos Copas has for a number of years provided quality food at reasonable prices and the new menu they added a few months back is awesome. My favorite, the Richard’s Tacos are to die for and my wife loves the Shrimp Tacos. Dos Copas has made some great changes in the past year and is worth checking out.
One thing that does not get mentioned enough is the contribution to the local community that the current owners have. The current owners are going to be contributing 10% of any families bill that participates in the upcoming 5th Annual 5K Fun Run / Walk to benefit Anna’s Angels Fund. Anna’s Angel Fund is a local charity founded by a brave young lady named Anna Hanger, a pediatric cancer survivor and member of Hamilton Mill United Methodist Church in Dacula. To get the discount all you need to do is show your race number to the staff. This is not the first or last time that Dos Copas and their sister restaurant Buffalo’s has made contributions to our local Hamilton Mill organizations.
The run will be held on May 16th at the new Little Mulberry Park in Dacula.
I am a HUGE supporter of giving locally owned companies my business and just wanted to give Dos Copas and Buffalo’s Southwest Cafe. Give em a try and tell them Matt sent ya’.
Hamilton Mill Listing Coming Thursday! Priced to SELL
Posted By Matt Hermes on April 28th, 2009
Just wanted to give a heads up of the newest inventory coming to the market in Hamilton Mill this Thursday.
Great floorplan with Master on Main level, keeping room, finished basement and so much more.
Priced below $330,000!
Give me a call or email me for more information and to schedule a showing. This one will not last.
SRBC Car Show, May 2nd
Posted By Lane Bailey on April 27th, 2009
As one door closes, another opens in its place.
As I started to look over upcoming events, I ran across a blurb that the Snellville Days ‘Orphan Vehicle Association’ Car Show had been canceled due to “unforeseen circumstances.” I have no idea what those circumstances might be, and I hope that the OVA is able to recover and present the show again next year.
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Huge Drop in New Home Inventory Hints at Market Stabilization
Posted By Matt Hermes on April 25th, 2009
I was looking at one of my favorite blogs this morning (www.positiveeconomicnews.com) and came across this great article on the housing market that I needed to share. The original article was written for Reuters.com.
The supply of unsold new U.S. homes plummeted in March in the biggest drop in more than 45 years, government data showed on Friday, offering hope the distressed housing market is stabilizing.
A separate report on durable goods orders showed weakness persists in manufacturing, and possibly the economy as a whole, but analysts seized on the 5.2 percent drop in housing inventory as a bright spot.
“Housing is probably forming a bottom, because even the supply of homes, the inventories, declined,” said Asha Bangalore, an economist with Northern Trust in Chicago. “I think the housing market is stabilizing.”
As they work on decreasing supply, builders also appear to be holding off on adding new homes. A separate Commerce Department report showed applications for permits to build new homes were off 8.5 percent in March from February and 44.6 percent from March 2008.
That seemed to be the key factor in the reduction in inventories, as buyers have not snatched up increasingly affordable homes despite the median new home price dropping to $201,400 from $208,700. The Commerce Department said March sales slipped 0.6 percent.
But February sales were much stronger than originally thought. The report showed they rose 8.2 percent, compared with the 4.7 percent gain previously registered.
A revision to the March sales numbers will be released next month.
Inventory levels have plunged a record 33.7 percent since March 2008, and the supply of homes available for sale shrank to 10.7 months’ worth in March from February’s 11.2 months.
“What we are seeing on a moving average basis is a gradual improvement from very low numbers in new home sales,” said Kurt Karl, chief U.S. economist for Swiss Re in New York. “It’s not taking off like a rocket, but it’s not looking to be heading south either.”
The March drop brought home sales to a 356,000 annual pace. Analysts polled by Reuters had forecast sales at a much slower 340,000.
U.S. equity indices extended their gains after the report was released, while U.S. Treasury debt prices fell. But strong earnings reports from major corporations and the release of a Federal Reserve white paper on criteria for banks’ “stress tests” dominated U.S. markets.
Analysts polled by Reuters expected the drop to be a much steeper 1.5 percent.
