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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Flowery Branch. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 770-601-2381
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| Average Home Price | $175,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $500,000 - $549,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Flowery Branch is | Increasing |
| Seller Activity for the past 90 days in Flowery Branch is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Sellers are getting Multiple Offers if there is value on the property. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Yes. |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Not many foreclosures but we should see some starting to come on line. |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Atlanta |
| Housing Hot Spots | Most home that have Lake Front are considered Housing Hotspots. |
| Average Sold Price | $175,000 - View Graph Trend |
Flowery Branch Local News
News for Flowery Branch, GA - March 2nd, 2012 9:04am
Flowery Branch's real estate market is unique and made up primarily of single-family detached homes. A few townhouses and condominiums are available and are generally priced in the $100,000s. Many units include amenities such as fireplaces, patios, professional landscaping and access to community swimming pools. Single-family homes are priced from approximately $100,000 in Flowery Branch communities such as Oak Fern, Mitchell Creek and Oak Brook Forrest.
For large, luxury estate properties in lavish Flowery Branch communities including Royal Lakes, Cozy Cove and Four Seasons on Lanier, prices can exceed $1.5 million. These homes include amenities such as boat dockage, multiple fireplaces, professional landscaping and private backyards. Properties are available with golf course and lake views and/or frontage. Available home styles include traditional, Tudor, contemporary, ranch, European and Chalet.
A noteworthy Flowery Branch master planned community, Sterling on the Lake, features beautiful homes and home sites that are sure to meet your needs. Amenities are plenty with a community clubhouse, swimming pools, trails, playgrounds and recreational facilities. Homes within the Sterling on the Lake community range in price from $200,000 to $700,000 for lakefront properties. Land and lots are available in Flowery Branch for custom building and some farm/ranch properties are also available.
News for Flowery Branch, GA - December 8th, 2011 11:25am
Perfect time to buy a home. Low interest rate and a good supply of homes, makes a great time to buy. Call me me at 770-601-2381 for a list of homes in your price range.
Contact Information
Jorge Morejon
770-601-2381
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Jorge Morejon
Keller Williams Realty Atlanta Partners
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 770-601-2381
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