Grayson, GA is Growing

I'm glad and excited to learn a new, family-friendly residential community, Sawyer Farms, is yet another high-quality project that's coming to Grayson, GA.

Sawyer Farms is situated in the rapidly growing City of Grayson. Poised along Grayson Highway and encompassed by acre after acre of wooded green-space, it promises future residents access to excellent schools (sited immediately across the street from the new Starling and Couch elementary and middle schools), as well as close proximity to terrific dining and retail destinations such as The Shoppes at Webb Gin and a Kroger shopping center that features a lot of the businesses we rely on for everyday conveniences.

It looks like the homes will be offered starting in the low $200s, which is very affordable and very value-oriented for its location.  If you need more info., I'd be happy to help you.  Matt Doyle (website) Email

Wall Street Likes Suburbia

Check out this link:
http://m.theatlantic.com/magazine/archive/2013/10/why-wall-street-loves-houses-again/309454/

Interesting stuff.

The ALTA Tennis Effect

Does anybody know what the effect of having an active ALTA Tennis Team (www.ALTATennis.org) has on a community's property value?  I suspect that having active tennis participation improves real estate value. Can anyone share data or insights in this regard?

Nationally, the latest home-sales data has sales of existing homes dropping 1.9%.  Actually, this isn't negative news if you are a seller because the slight decrease is due to affordability concerns associated with rising prices.

More importantly, in the data for Atlanta market is the detail that more 50% of the homes purchased in the ATL during September were purchased with cash, no mortgage.  Read between the lines:  The "smart money" is investing in real estate in metro-Atlanta.  Investors seem to believe the market has bottomed out and it's well on its way back up.  Investors are securing what's left of the foreclosure and REO market, and then some.  Soon you'll be renting their houses and not buying your own.  And eventually, in a few years or more, investors will be able to sell their property and realize super-normal returns on their investments.

If you are interested in buying, or if you have been waiting to sell, I think it's time to have a discussion with me as your RE/MAX Realtor.