It’s a Seller’s Market for Atlanta Luxury Homes

Jul 16, 2013 4:16 pm

Written by Marie Dinsmore

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As the second half of 2013 begins, it is apparent that the national luxury market continues to lead the residential real estate recovery. Today’s luxury market trends point toward a solid recovery in the high-end with strong hints in many areas of a coming “sellers’ market” (when demand exceeds supply).

Much as the Case-Schiller Composite Index and other national indices use a bundle of data from markets around the country, so does the Institute for Luxury Home Marketing Report.

The high-end homebuyer has stepped back into the market and is shopping and purchasing in increasing numbers, often with all cash. According to the report, today’s high-end home buyer is looking for future profitability, often wants a slightly smaller home than in the past, and is seeking uniqueness and artisanship.

Luxury buyers spark a lively high-end market with rising list prices:

Trends in Atlanta indicate that the median list price of luxury home currently on the market is rising significantly (see the chart below). The black line shows the weekly trend, the yellow line is a 90-day moving average which shows the rising list price trend more clearly.

Declining days-on-market stats – sign of a more active market:

Looking at the quarterly days-on-market trend line, it’s apparent that during the past year, the County age of the listed inventory peaked in the first quarter, and then dropped to about 62 wholesale NBA jerseys days on market for the average age of listings as of wholesale jerseys July 1.

Luxury inventory levels bottom out this month: As Miami Dolphins Jerseys prices have inched rodziców up, sellers are seeing wholesale NFL jerseys their equity increase cheap jerseys and are putting homes on the market. Inventory is extremely low at this point, compared to September of highlights last year.

If you were still waiting to sell, this Best de wholesale NFL jerseys might be the best time while Planning inventory levels are so cheap MLB jerseys McCoy low. The Dinsmore Team has the experience, and the most effective cheap jerseys channels to market your home, returning Football the highest sale price for your investment.

FrontDoor Communities To Develop “Traditions” – 400 Homes In South Forsyth County

Jul 11, 2013 6:20 pm

Written by Marie Dinsmore

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I wholesale nfl jerseys am cheap jerseys China so cheap jerseys excited Mama, to Held share Those the news that FrontDoor Communities is planning a new community of 400 homes in South Forsyth County! FrontDoor Communities purchased 158 acres, price undisclosed, between Highway 9 and Majors Road. The first phase of the community could break ground as early as this September, and is planned to be completed in five or six years. The homes will range from $300,000 to $500,000.

Below is the Press Release someone directly from FrontDoor on the endeavor. You can also read more in the Atlanta Business Chronicle.

FrontDoor Communities Makes Largest Residential Land Acquisition in Atlanta in 7 Years

NEW DEVELOPMENT WILL MARK FRONTDOOR’S ENTRY INTO METRO ATLANTA

FrontDoor Communities has closed on Youth 158 acres in south Forsyth County, with plans to develop its first Georgia project: a community known as Traditions with more than 400 homes.

The transaction marks the largest residential community land acquisition in metro Atlanta in seven years — a sign both of the improving residential market and of FrontDoor’s commitment to Traditions.

“After developing and building successful communities in Charleston, Naples and Orlando, wholesale nfl jerseys we are thrilled to have purchased the land for our first project in our hometown,” said Terry Russell, CEO and partner of FrontDoor. “We know the residents in this area, as well as families looking to relocate to Forsyth County, will appreciate the high quality of life and conveniences our communities provide.”

Amenities at Traditions will include a pool, tennis courts, 12 parks and a clubhouse overlooking a lake.

Located cheap nfl jerseys 1.7 miles from Ga. 400, Traditions will appeal to the many professionals who wholesale nfl jerseys work along Ga. 400 and in the Perimeter area. Residents will have access to award-winning schools, cheap jerseys including West Forsyth High, as well as outdoor recreation sites such as Fowler Park and the Big Creek Greenway walking, running cheap mlb jerseys and biking trail. An adjacent parcel will be developed into a 184,00 square-foot neighborhood shopping center anchored by a grocery store.

“Forsyth County is one of the most sought-after and fastest-growing residential submarkets in the area,” Russell said. “We couldn’t have chosen a more ideal location for our entry into the metro Atlanta market.”

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team | www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789