What About New Construction…

300px-Wrought-iron-fencing

Over the last few days, I decided to drop into a couple of North Gwinnett County’s newest subdivisions.  I wanted to get a feel for how sales have been going.

The first subdivision has been in pre-sale since December.  They really didn’t start pushing sales until early January, though.  I saw about 87 lots, with 17 of them marked as sold.  Their Model Home is up and ready to run (I was pressed for time, so I didn’t stop to see if it was actually open).  There were homes being built on at least half a dozen lots.  Most of those were pre-sold, but there were a couple of that might have been spec homes (homes the builder was ordering so that there would be some standing inventory for buyers not wanting to wait on construction).… Read the rest

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Ruby Forest Snapshot June, 2014

Ruby Forest Price Trend 6-11-14

Ruby Forest is starting to pick up some traction, but there are some sellers that are going to let their best chance for a sale pass them by, while there is an opportunity for those that are motivated.

By looking at two different sets of numbers, I see a disparate picture.… Read the rest

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Buford, GA, Market Report, October 2013

Market stats for Buford, GA, October, 2013 indicate that there were 325 properties on the market, a decrease of 9 from last month. Overall, there was about an 4.1 month supply of properties (Absorption Rate or A/R). There were 69 sales for October, down from 81 last month and down from the 76 sales Oct12.… Read the rest

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Sugar Hill, GA, Market Report, October 2013

Market stats for Sugar Hill, GA , October, 2013 indicates that there were 103 homes on the market, up 2 from last month. Overall, there is about an 3.2 month supply (2.9 last month). There were 33 sales, compared to 29 last month and 36 last October.… Read the rest

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Suwanee, GA, Market Report, October, 2013

Market stats for Suwanee, GA, October, 2013 indicate that there were 300 properties on the market (down from 310 last month). Overall, there was about a 3.4 month supply of properties (up from 2.9 last month). October had 68 sales.… Read the rest

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