Tag Archives: Dinsmore Team

2014 Housing Market Forecast

Housing UpThere was a great article in the Washington Business Journal on the 2014 Housing Market that I thought I would share, quoting two notable Economists.

According to Lawrence Yun, Chief Economist for the National Association of Realtors, good things will continue to happen in the housing market in 2014.   Due to suppressed activity during the past four years, rising demand, and a steady decline in inventory, Mr. Yun expects home prices to increase in 2014 as well as 2015, nationally.   He predicts that the nation median existing home prices should increase by 6% in 2014.

“Real estate will be a hedge against inflation, with values rising 15 percent cumulatively over the next three years, also meaning there will be fewer upside-down home owners,” Yun said. “Today is a perfect opportunity for moderate-income renters to become successful home owners, but stringent mortgage credit conditions are holding them back.”

Mark Vitner, Managing Director and Senior Economist at Wells Fargo, predicts that distressed homes (short-sales and foreclosures) will still be around, but will be declining.  “Distressed homes right now are like an after-Christmas sale – most of the best stuff has been picked over, but make no mistake they’ll be with us for a while.”

Yun projects the market share of distressed sales will decline from about 25% in 2012 to 8% in 2014.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

Traditions – New Lifestyle Community in South Forsyth

While groundbreaking just took place, this new 400-home community in South Forsyth County, Georgia is drawing a lot of interest.

130917_Traditions_Rendering-01

Traditions will feature amenities for families of all ages including playgrounds, sports fields, tennis courts, a signature pool and lakefront clubhouse as well as multiple parks and open spaces sprinkled about the community. All of this will be within walking distance to Fowler Park and the Big Creek Greenway Trail. In addition, a grocery-anchored neighborhood marketplace with pedestrian access from Traditions is planned directly adjacent to the community.

Traditions - Phase 1

The homes, ranging from $300,000 to $500,000, will be designed by the award-winning architecture firm Wakefield Beasley and will include standard features that would be considered extras in other communities.  Local artists and designers have also been contracted to provide unique touches to Traditions homes and its outdoor amenities, creating inspiring outdoor spaces and floor plans for today’s busy family.

Traditions siteplanTraditions is located near top-rated schools (Vickery Elementary School, Vickery Middle School, West Forsyth High School) and is less than two miles from GA 400 and will be the closest residential community in Forsyth County to Atlanta (accessible by either the McFarland Rd. or Hwy 141 exits). Residents will be a short drive to The Collection (formerly known as The Avenue) and many other popular restaurants, shopping and other entertainment venues.

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

Phase I should be completed by mid-2014.   If you are interested in this fabulous new community, please contact me before the choice lots have been taken.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

New Neighborhood Coming Soon in Alpharetta – Woodland Cove

Acadia Homes & Neighborhoods, luxury home1recognized by the Atlanta Business Chronicle as a 2013 Pacesetter, will soon be offering new homes in Alpharetta.   Woodland Cove will be an intimate enclave of 28 executive-style homes in one of metro-Atlanta’s most sought after suburbs.  Priced from the $400’s, the new construction will be a mixture of slab and basement homes.

Woodland Cove will be located off Douglas Road in Alpharetta (1 mile from Jones Bridge Road).

Alpharetta is known as an executive bedroom community; home to many corporate headquarters, upscale communities and great schools.

If you would like more information on Woodland Cove or other fabulous communities in the North Metro-Atlanta area, please contact me.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

For more information on Alpharetta, see www.AwesomeAlpharetta.com.  Here’s an excerpt from their site.

Alpharetta’s unique shopping destinations make it a shopper’s paradise. Visit North Point Mall, with the only American Girl Boutique and Bistro in the Southeast, and then explore Queen of Hearts and its 30,000 square feet of antiques and collectibles.

Experience the Historic Downtown district that has maintained its small town charm while gaining a sophisticated stature. Enjoy a concert under the stars at Verizon Wireless Amphitheatre.  Explore award-winning parks, championship golf courses and outdoor adventures surrounded by tall trees and lush landscaping.

Atlanta’s Top 10 Builders for Third Quarter 2013

home builderThis article comes directly from AtlantaRealEstateForum.com.  I thought it would be beneficial to share.

Metrostudy released its list of Atlanta’s top 10 builders based on the number of new home closings that occurred during the first three quarters of 2013. They are, as follows:

1. Crown Communities

2. D.R. Horton

3. Peachtree Communities

4. Pulte Homes Corporation

5. Ashton Woods Homes

6. Ryland Homes

6. Lennar

8. The Providence Group

9. Wilson Parker Homes

10. JEH Homes

It is interesting to note that both Ryland Homes and Lennar are tied at No. 6, with an equal 2.9 percent of the market share. Also, on this list, Pulte Homes Corporation represents a combination of closings from Pulte Homes, Del Webb and Centex. Closings of new single-family homes are up 44 percent over this time last year.

Atlanta new home builders offer a wide array of home prices and styles, and with current interest rates holding steady near four percent, now is the perfect time to buy a new home in Atlanta.

Metrostudy is the leading provider of primary and secondary market information to the housing industry and related industries nationwide, and it provides data on 22 counties in the metro Atlanta area. If you’d like more information on Metrostudy data, call Eugene James at 404-370-9001 ext. 111.

Marie Dinsmore, Certified Luxury Home Marketing Specialist

The Dinsmore Real Estate Team  |  www.dinsmoreteam.com

Marie@DinsmoreTeam.com | 770-712-7789

Community Resources

WELCOME

2019 Welcome Services

The Dinsmore Team has created this handy guide for both Buyers and Sellers. The guide lists trusted service providers that we use personally and professionally. The providers listed service the Forsyth and North Fulton County areas.

2014 Complete Guide to Moving

This 20-Page Guide will be your comprehensive source for selling your home and planning your move. It includes tips for getting ready to sell, planning your move, packing and transitioning into your new home.

2014 Home Owners Tip Guide

This 20-Page Guide will help you develop an annual maintenance schedule for your home's systems and appliances to help you avoid bigger problems by taking care of them while they are small. It's also a great resource for trouble shooting malfunctions on your own, saving you time and money.


utilities

Looking for a fast way to connect all of your utility services online? Try Connect Utilities.

Please let us know if there are other resources you'd like to see.

Marie@DinsmoreTeam.com

770-712-7789