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NEWS & EVENTS

Two Reasons Why Waiting a Year To Buy Could Cost You

  If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself two simple questions: What will home prices be like in 2022? Where will mortgage rates be by the end...

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Is a 20% Down Payment Really Necessary To Purchase a Home?

  There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle. That may be because those individuals assume a 20% down payment is necessary. While putting more money down if you’re...

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Is It Time To Move on to a New Home?

  If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure. To really explore tenure, it’s important to understand what drives...

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Fun Things to Do this Fall in McDonough Georgia

Fall is finally here and we are so excited to celebrate. From pumpkin spice lattes to tailgating for the big game, there are so many fall activities. Are you looking for ideas of what you and your family can do this autumn in McDonough Georgia? Here are some of our favorites. Southern Belle Farm   Spend the day out on the farm. Southern Belle Farm has something to offer everyone in the family. Get lost...

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Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

  One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes available for sale). An article from the Wall Street Journal shows this is true for new home construction: “Home builders have...

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Looking for a Place To Call Home? Consider a Condominium.

  It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data shows condo sales rising throughout...

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What Do Experts Say About Today’s Mortgage Rates?

    Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers with an incredible opportunity. Here’s what they have to say: Sam Khater, Chief Economist at Freddie Mac, points out the historic nature of...

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What You Can Do Right Now To Prepare for Homeownership

  As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has increased by 11.4 percent since January . . . .” Those rising rental costs may make it seem impossible to prepare for homeownership...

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The Marvelous Marvelle in the Heart of Marietta Georgia

Situated in the heart of Marietta, Marvelle is the perfect place to call your home. Marvelle won the 2020 Obie Gold Award for Community of the Year and you can clearly see why when you drive through the streets and see the stunning Charleston inspired homes. Beautiful front porches and sun decks allow for southern hospitality and charm. And professional landscaping and weekly grounds maintenance keeps the community looking amazing all year round. You’ll see...

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The Charming Creekside at Olde Town in Conyers Georgia

Nestled in the heart of Conyers is a well-appointed gated community from the mid 300’s, Creekside at Olde Town. This redeveloped community will eventually be home to 69 new residents. My Home Communities is the award winning builder of Creekside. The community showcases a variety of practical, spacious living areas available in ranch and two-story floor plans to meet today’s lifestyles. With many included features such as granite kitchen countertops, judges panels in DR’s, and...

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