Blue Ridge GA Real Estate Outlook - North Georgia Home Value in 2012
The value of homes in 2012 will be a hot issue throughout the nation, even more so here in North Georgia. As every New Year begins, people often wonder what home values will do for the 12 ensuing months. Given the recent trends in North Georgia real estate, there’s should be a reason to think 2012 could bring some value.
Since the economy was affected heavily a few years back, the housing market has certainly been hit nationally, as well as locally. Local values were dropped by a heavy percentage and while some have been in a better position, for the most part the area has seen decreasing value in the real estate market.
Luckily, there is a boon of good trends that point to what could be a strong year for the North Georgia real estate market. Apartment rental averages continue to climb all over the state of Georgia, from the top to bottom and that’s no different here locally. Apartment rental averages in North Georgia went up about six percent; compare that to Atlanta which went up six percent and Savannah apartments which went up nine percent. If these rates continue to grow, it would certainly swing potential buyers back on the market, climbing the property ladder.
Record low mortgage rates throughout the country and locally are another sign that buyers could have vested interest in 2012. Compared to the mortgage rates of 2010 and 2009, this year’s costs will be a quarter lower than those times. Experts expect more buyers to be out looking for houses, the key will be closing.
Nationally, real estate experts are expecting a slow climb throughout the 2012 year. Each month is expected to have a positive impact on the real estate market, up until the fourth quarter, which is usually a slow period for home sales because of holidays and vacations.
Certainly each area in North Georgia will have a separate fortune in 2012. Indicators and factors such as price averages, amount of listings and individual sales will continue to be the driving force if the market is to get some rejuvenation this year.
This Blue Ridge GA Real Estate blog is hosted by Gayle Barton of BERKSHIRE HATHAWAY Georgia Properties located in the quaint mountain town of Blue Ridge, GA. Please feel free to call (866-413-1781) or drop me an email gaylebarton@inbox.com if I can assist you with buying or selling your Blue Ridge GA mountain home or property.
Showing posts with label cabin for sale. Show all posts
Showing posts with label cabin for sale. Show all posts
Friday, January 27, 2012
Monday, November 8, 2010
WHY THE HOLIDAYS ARE A GREAT TIME TO SELL YOUR CABIN
Who says that the holidays are a bad time to sell your property??
NOT ME!
During Thanksgiving and Christmas breaks our town is bustling with happy families making happy family memories they wish would never end. And, many feel that the best way to keep those memories alive is to BUY their mountain cabin!
In an area where the mountain cabin or luxury log home can be used as a vacation rental to generate income when the owner is not staying in it, who wouldn’t want a home-away-from-home?
If you are thinking about selling your mountain cabin or luxury log home, but fear that it won’t sell just because we’re nearing the holidays, call me today and I’ll show how professional marketing can get the job done in any season!
This North Georgia Real Estate blog is hosted by BERKSHIRE HATHAWAY Georgia Properties located in the quaint mountain town of Blue Ridge, GA. Please feel free to call (866-413-1781) or drop me an email gaylebarton@inbox.com if I can assist you with buying or selling your mountain home or property.
Monday, March 1, 2010
Why NOW is a great time to buy Blue Ridge, GA Real Estate
This quaint mountain town offers a pretty, historic downtown area with loads of shops and local restaurants, numerous outdoor activities, a scenic railway and luxury log cabin rentals with great mountain views for a very reasonable price.
These draws along with its location, just 90 miles north of Atlanta, provide a constant flow of area visitors and cabin rental guests making the purchase of a turn-key vacation rental / investment property in the area a smart real estate investment choice.
One thing that is certain about the North Georgia mountains, because of it’s natural beauty, people are always going to have an interest in purchasing real estate in the region.
Though, like the rest of the country, our local real estate market has recently experienced an economic downturn, local experts know that the moment things turn around, the property prices in this area are certain to rebound.
But, what really makes Blue Ridge investment property such a good investment at this time is the fact that a buyer can currently find quality properties in this beautiful mountain region priced well below market value.
For buyers with an experienced agent by their side, an agent who is fully tapped into the local investment property / rental market, you can find successful Blue Ridge investment properties at amazing prices.
Whether you use choose to use the property as a vacation rental investment property or keep it for you own personal mountain get-away, when the market rebounds, you are placing yourself in a position to realize valuable gains.
Owning a piece of property in this little piece of “paradise” is a desire that many people have and I would like to help you take advantage of that wish at a time when low property values combined with low interest rates are allowing more people than ever to “live the dream”.
Please feel free to call (866-413-1781) or drop me an email gaylebarton@tds.net if I can assist you with questions about buying or selling your mountain home or property.
This North Georgia Real Estate blog is hosted by
Gayle Barton of BERKSHIRE HATHAWAY Georgia Properties located in the quaint mountain town of Blue Ridge, GA.
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