Month: January 2019

The city of Atlanta has had a consistently strong housing market for years now, and that doesn’t seem to change. If you are in search of a perfect place for investing in a new home, then you must consider one of the following cities in Georgia.

Smyrna

Smyrna city is located to the North West of Atlanta, in Cobb County, Georgia. It falls within the inner ring of the Atlanta metropolis. For some time, Smyrna has been at the top of the real estate business. It is precisely known to be attractive to young buyers. Smyrna’s appeal to the young generation is mostly considered to emerge from the development of SunTrust Park.

Between 2015 and 2016 alone, the median home sale price jumped from $292,000 to $320,375. By 2015, a home remained in the market for only up to 45 days, a sharp improvement from 50 days the previous year. This puts Smyrna at the very top of the real estate business.

Chamblee

Chamblee city sits in the Northern DeKalb County, which is to the North East of Atlanta. Chamblee is the second most lucrative city for real estate in Georgia. The city is known for its vibrancy and international flair. The rebuilding of the General Motors Assembly Plant in 2017 significantly attracted more business into the city. This led to a rapid influx of population and increased average income, hence increasing the demand and prices in real estate. If your real estate venture targets the business class, then Chamblee is the right place for you.

Cumming

Located in Forsyth County in the metropolitan areas of Atlanta, Cumming’s Water Park and Fairgrounds are attractive to young families. It is also known to be the home for some of Georgia’s greatest schools, which has also contributed significantly to the high influx of high-income families. The City’s median home sale price, which stood at $284,177 in 2015, shot up 8% to hit $307,725 in 2016.

Alpharetta

This city is located in Fulton County, within North Central Georgia. It hosts world-class dining, top-class concerts, and very extensive parks and outdoor recreation. The median home sale price in Alpharetta rose to $384,475 in 2016 from $366,250 the previous year.

Atlanta

Within the city of Atlanta itself, there are three leading housing markets. They are Grant Park, Reynoldstown and West End. These areas are known for their beautiful neighborhoods, excellent school districts, and scenic community parks. They are also home to vibrant shopping and entertainment districts.
All these cities have continued to show high growth prospects, and the housing sector is expected to exhibit higher growth in the coming years.

Markets

Buying or selling a property on your own can be done but it is an ordeal that would be made a whole lot easier if you had a real estate agent on your side.  Real estate agents commissions may seem high and that is why most choose to try it on their own first, but real estate agents more than earn their money.  Real estate transactions are rarely simple and these are some of the common mistakes that happen when you sell on your own.

Determining the Price

Do you know how to look at the comps and set the right price for your house?  An agent not only has access to that information but know how to price to sell.  Whether it is to create a multiple offer situation or just to move it quickly they have the right strategy.  If you are a buyer then they can help you find homes within your budget, rather than you wasting time going through hundreds of listings.

Helping You With Mortgage Options

Most people don’t look beyond their own bank when it comes to getting a mortgage whereas a real estate agent can put you in touch with a mortgage broker who can give you options for financing your home.

Having the Home Inspected

If you are moving to a new town and looking for a house an agent can help you get into the right neighborhood.  They also make sure that there is a home inspection done on the property and will advise you not to buy if the house isn’t structurally sound.

Negotiating on Your Behalf

Agents negotiate for a living so if the other party has an agent, then they are in a better position than you are.  The opposing agent can and will exploit your lack of knowledge when it comes to real estate.  It is their job to negotiate the best deal possible for your client.  If negotiating isn’t your strong suit then you could potentially lose thousands.

Agents Don’t Show FSBOs

When your home is listed with an agents, other agents will also show your home to home buyers.  It is like having all agents working for you at once.  However when you sell on your own your “For Sale by Owner” property will be completely ignored.  They have no incentive to show your property to their client base so your home will be ignored by every realtor in town.

Impartial Opinions

Your home has sentimental value to you, it doesn’t to your realtor.  You can ignore the flaws in your property because you have good memories there, whereas your realtor won’t.  The will tell you exactly what you need to do to your property to get the best price possible.

A real estate agent is invaluable when it comes time to buy or sell a home, you will have a much easier time with the whole real estate transaction when you have one on your side.

 

Agents