5 Bed / 6 Bath Home in The River Club

4834 Elkhorn Hill Drive

Suwanee, GA 30024

$3950000
Welcome Home to your Elegant Rustic Style Lodge with unique custom finishes and high quality Craftsmanship throughout the home. A splendid setting where elegance meets nature. This 5BD/6.3 BA home (2 of the BD's are master Suites)has private view of the Greg Norman Golf Course, a pond and mature woods. Backyard features pool w/hot tub,waterfall and Firepit for your everyday enjoyment. 2 Cooks kitchens, 6 FP's,Spa area on terrace level w/Sauna,Steam shower,massage room, work out room & Aerobic room.3 Laundry rooms, Elevator, Wide plank hand scraped walnut floors.

Summary

MLS #5650314
Price3950000
Bedrooms5
Bathrooms (Full)6
Square Footage10185
Square Footage SourceTax Record
StatusActive

Features

7 Bed / 7 Bath Home in THE RIVER CLUB

4745 Cuyahoga Cove

Suwanee, GA 30024

$3790000
ONE OF THE MOST IMPRESSIVE FRENCH PROVINCIAL ESTATES TO REACH MARKET IN N. ATLANTA, BOASTING UNPRECEDENTED DETAIL & ARCHITECTURAL CUSTOM CRAFTSMANSHIP.... SITTING ON A LEVEL CUL-DE-SAC LOT YET PERCHED TALL ABOVE THE GREG NORMAL GOLF COURSE, WITH PANORAMIC VIEWS AND 380 FT OF LAKE FRONTAGE, THIS HOME TOOK ALMOST $1 MILLION IN HAND-CUT TENNESSEE STONEWORK ALONE. ENJOY WIDE-PLANK HEART OF PINE FLOORING, LARGE AND ENTERTAINING OPEN FLOOR PLAN. ABSOLUTELY STUNNING GOURMET CHEF'S KITCHEN WITH DOUBLE SUB ZEROS- AND VIRTUALLY EVERY CONCEIVABLE OPTION. 4 FIREPLACES. 5-CAR

Summary

MLS #5718436
Price3790000
Bedrooms7
Bathrooms (Full)7
Square Footage11738
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4914 Kettle River Point

Suwanee, GA 30024

$2599000
Welcome home to this Impeccable Family Retreat - you'll never have to go on vacation again! Stunning brick & stone estate situated on almost an acre of pure luxury overlooking the 4th hole. No detail has been spared inside and out with superb craftmanship on all 3 levels. Perfect home for entertaining or everyday family living. Outdoor amenities are unparalleled w/ pool, hot tub, firepit, putting green, poolside cabana w/ swim up bar. Elan system for whole house entertainment w/ control 4 for media. Master on main with Jr masters on the upper and terrace floors.

Summary

MLS #5664792
Price2599000
Bedrooms6
Bathrooms (Full)6
Square Footage10597
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4695 Whitestone Way

Suwanee, GA 30024

$2599000
Custom Home in The River Club. 6 Bedroom 6.5 Ba on double lot backing golf course. 1st floor features large 2 story foyer overlooking LR with handsome study and large entertaining DR. Gourmet kitchen overlooks oversized Family Room and covered porch. Master on main and 2nd bedroom on main. Upstairs features 3 bedrooms all with private baths and large dressing area. Terrace level features bedroom and bath, Bar area, game room and theatre.

Summary

MLS #5751567
Price2599000
Bedrooms6
Bathrooms (Full)6
Square Footage8412
Square Footage SourceAppraisal
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4605 Whitestone Way

Suwanee, GA 30024

$2500000
Exquisite estate home with the finest attention to detail throughout. Overlooking 4th green, home features marble inlayed foyer, Liv Rm, Office w/FP, opulent Great Rm w/FP, state of the art Kitchen, Stunning Keeping Rm w/beamed ceiling & FP, Romantic Master on main, elevator, World class terrace Lvl w/Rec Rm w/FP, Bar, Billiards Rm w/FP, Humidor, Home Theater(all equipment stays!), 2nd master suite & most beautiful finish work in the River Club. Pool & spa w/stone surround, stunning outdoor living areas. WOW!

Summary

MLS #5722910
Price2500000
Bedrooms6
Bathrooms (Full)6
Square Footage9476
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

869 Big Horn Hollow

Suwanee, GA 30024

$2450000
Welcome home...you've earned this! Enter an innovative floor plan built for entertaining & family enjoyment. Delight in vaulted wood beamed ceilings throughout, wood, brick & travertine floors, wide baseboards, stained doors throughout. The chef of the family will revel in the showcase kitchen of granite and brick. Master on main, separate his & hers baths/closets with car wash shower for both to enjoy. Terrace level is filled with customized features including media room with built in show cases for memorabilia, bar, wine cellar, game room, cozy rec room with fireplace

Summary

MLS #5713023
Price2450000
Bedrooms6
Bathrooms (Full)6
Square Footage9663
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

912 Little Darby Lane

Suwanee, GA 30024

$2099000
Old world European inspired master piece, indescribable detail thruout,in private setting, 2 story grand foyer w/spiral staircase, pecky cypress paneled study, gourmet kitchen views to fireside keep rm ,Private master suite on main level w/spa like master bath, his/hers closets w/custom built-ins, whole house audio system ,cover porch w/outdoor fireplace/Terrace level features: Pub style bar,w/1800 bottle wine cellar, theater seats 8 features concession stand, billiard rm,card rm,spa rm w/sauna, salt water pool & spa w/cascading waterfalls & outdoor fire pit.

Summary

MLS #5693604
Price2099000
Bedrooms6
Bathrooms (Full)6
Square Footage9755
Square Footage SourceBuilder
StatusActive

Features

6 Bed / 5 Bath Home in The River Club

962 Little Darby Lane

Suwanee, GA 30024

$1849999
Exquisite details with superb finishing mark this amazing River Club home! Formal DR w pecky cypress walls, rustic aged exposed beams, handkerchief ceiling in foyer w built in bookcases. Kitchen built for 2 chefs w island feat all Viking appl & custom inlay cabinetry. Owners suite on main. Barn door leads to pool bath, mud rm w laundry & hammered copper sink. Junior master w spa bath. Finished terrace level& outdoor living at its finest. Complete w private 1 Bdrm Guest House w kitchenette & screened porch overlooking saltwater pool w spa.

Summary

MLS #5645985
Price1849999
Bedrooms6
Bathrooms (Full)5
Square Footage7603
Square Footage SourceBuilder
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

878 Crescent River Pass

Suwanee, GA 30024

$1799999
Stunning Brick & Stone Manor home w good golf course views. Outdoor living rooms on multi levels w fireplace overlooking pool & waterfall spa. Chefs kitchen w mixed woods. Working island w veggie sink, warming drawer, Wolf gas coooktop, dual dishwashers, subzero and wine chiller. Main floor boasts study w fireplace, living room w fireplace & stone walls, formal dining room, & owners suite on main. 3 generous ensuite bedrooms upstairs. Terrace level finished w media, billiards area, custom bar, wine, office, & guest bedroom w full bath.

Summary

MLS #5758623
Price1799999
Bedrooms5
Bathrooms (Full)5
Square Footage7316
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 5 Bath Home in The River Club

5212 Boulder Bluff Way

Suwanee, GA 30024

$1789900
A cul-de-sac lot, this 6 bed home offers an abundance of outdoor living spaces,spa pool & fire pit backing up to natural woods. Foyer flanked w/a large DR & study.The kitchen has it all: island w/serving bar,walk-in pantry & counter space for the home chef.The vaulted kitchen-family room is accented w/ truss beams. Main floor master has spacious his/her walk in closets. A finished terrace w/ theater, family/billiards & game rooms,full kitchen, weight room, guest suite & BA completes this home.

Summary

MLS #5687744
Price1789900
Bedrooms6
Bathrooms (Full)5
Square Footage7553
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in None

2915 Southers Circle

Suwanee, GA 30024

$1680000
Peaceful estate with all the amenities-an entertainer's delight! Enter through the iron gate & follow the drive through the trees to your new dream home. A must see with no detail forgotten! Gorgeous Chef's kitchen open to keeping room & breakfast area. Master on main. Finished basement w/full kitchen, custom walnut bar, theater room & more. Saltwater pool/spa with auto cover & outdoor fireplace. HUGE shop w/14' RV door & second 12' door, foam insulation, wired 220 w/gas lines run. Enjoy the convenience of the Chattahoochee Recreation Area out your back door.

Summary

MLS #5740199
Price1680000
Bedrooms6
Bathrooms (Full)6
Square Footage5385
Square Footage SourceAppraisal
StatusActive

Features

4 Bed / 4 Bath Home in The River Club

4870 Hanalei Hollow

Suwanee, GA 30024

$1599990
Home must be sold with a 18-24 month lease back. Fabulous Arthur Rutenberg Custom Home siutated in the River Valley at The River Club. This stunning home features an open floor plan for entertaining, gourmet chef's kitchen and owners suite on the main floor. Upstairs are 3 additional on suite bedrooms and a bonus room. Home has amazing view of 16th fairway and is walking distance to the club. This home is sold furnished.

Summary

MLS #5765916
Price1599990
Bedrooms4
Bathrooms (Full)4
Square Footage4333
Square Footage SourceBuilder
StatusActive

Features

6 Bed / 6 Bath Home in THE RIVER CLUB

4732 Blackwater Way

Suwanee, GA 30024

$1599900
Sitting beautifully on the 6th hole, this home has all the extensive trim/finishes any discriminating buyer will appreciate! Filled w natural light w features to include solid teak flooring, true hand crafted masonry frpl, planked walls in FR, waterworks faucets throughout, custom interior trim & built ins, calcutta gold marble counter tops, & custom hardware. Home is accented w hand baked brick, stone foundation & slate roof for welcoming appeal. Owner suite up w frpl & bath w waterworks tub, steam shower & bidet. Terr lvl w kitchen/bar & bath. 4 car garage too!

Summary

MLS #5566477
Price1599900
Bedrooms6
Bathrooms (Full)6
Square Footage7800
Square Footage SourceTax Record
StatusActive

Features

7 Bed / 8 Bath Home in Belmore Estates

4994 Price Drive

Suwanee, GA 30024

$1599000
Stunning brick & stone estate on over 1 acre in private gated community. Resort style pool featuring waterfall,slide,hot tub, & fire pit plus covered porch w fireplace.4car garage, 8 fireplaces, 3 laundry rooms. Huge owner's suite w private balcony, spacious secondary bedrooms & lofts. Gourmet kitchen well-equipped w high-end appliances opens to spacious keeping room & breakfast room overlooking pool.Terrace level has 2nd kitchen/bar, theater, fitness, steam sauna, game room, den, & guest suite. MANY details and UPGRADES! Luxurious Lifestyle!

Summary

MLS #5765505
Price1599000
Bedrooms7
Bathrooms (Full)8
Square Footage11592
Square Footage SourceTax Record
StatusActive

Features

6 Bed / 6 Bath Home in The River Club

4505 Whitestone Way

Suwanee, GA 30024

$1550000
Tuscan columns and a wrought iron railing greet you at the covered porch of this brick & stone estate, inviting you to step inside. The gracious interior includes 12' ceilings, panelled study, sunny solarium with brick walls & soaring arched windows, a chef's dream kitchen w/ honed granite counter tops, soapstone apron sink, top of the line appliances. Tremendous entertaining space with covered outdoor living space including an outdoor dining porch. Guest suite on main lined by leaded glass windows w/ access to the covered porch.

Summary

MLS #5634131
Price1550000
Bedrooms6
Bathrooms (Full)6
Square Footage8187
Square Footage SourceAppraisal
StatusActive

Features

4 Bed / 5 Bath Home in The River Club

878 Big Horn Hollow

Suwanee, GA 30024

$1499999
Superb craftsmanship reflect in the River Club brick/stone home. Welcoming foyer feat inlaid floors & flanked by gentleman's Study w custom builtins & formal DR. Natural light fills the GR w fireplace & wet bar. Gourmet Kit feat dual Dishwashers, Subzero, Thermador 6 burner cooktop & dual convection ovens, large island & 2 pantries! Main level owner ste w sitting area & spa bath. Stained Canadian Maple hardwood flooring, 2 ensuite bdrms up & junior owner ste w jetted tub & dual vanities. Fin terr includes billiards/game room & gym w rubber flooring w full bath.

Summary

MLS #5758524
Price1499999
Bedrooms4
Bathrooms (Full)5
Square Footage7133
Square Footage SourceAppraisal
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

932 Chattooga Trace

Suwanee, GA 30024

$1490000
Modern Day CHIC nestled in the ultra exclusive River Club. Every detail was carefully selected and quality crafted; Reclaimed wood beams & finishes, shiplap & birch walls, Luster Stone walls & ceilings, rich moldings. Master suite on main offers serenity & privacy. Open 2 story family room w/ stone fireplace & T&G ceiling adjacent to the modern renovated chef's kitchen. Enjoy alfresco dining on the covered porch or enjoy smores by the fire on the amazing renovated Trex deck that overlooks the pristine gardens. Full daylight terrace level awaits your finishes.

Summary

MLS #5760185
Price1490000
Bedrooms5
Bathrooms (Full)5
Square Footage5780
Square Footage SourceAppraisal
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

5108 Coosa Court

Suwanee, GA 30024

$1475000
Located in a Private setting,home has been meticulously maintained paneled study, gourmet kitchen views to fireside vaulted keep rm,hardwood flooring throughout,master suite on main level w/spa like master bath, his/hers closets w/custom built-ins,second master suite upstairs,large secondary bedrooms w/private baths & great closet space,laundry on main & upstairs cover screen porch w/outdoor fireplace amazing backyard w/stone paver patio that views cascading waterfall & outdoor fire pit.Home backs up to nature preserve,prefect lot for pool walk out from your main floor

Summary

MLS #5765721
Price1475000
Bedrooms5
Bathrooms (Full)5
Square Footage6603
Square Footage SourceTax Record
StatusActive

Features

5 Bed / 4 Bath Home in The River Club

4971 Roaring Fork Pass

Suwanee, GA 30024

$1444800
Stunning J. Patrick O'Donnell brick & stone masterpiece brimming with character in The River Club. Situated on wide lot with preserved forest area, this 5BR, 4 and 2 half BA home is loaded with high-end features, including custom closet system in elegant master retreat on main. Chef's kitchen with pot filler, beverage refrigerator, warming drawer, farm sink, sliding barn door and Wolf range opens up to vaulted, beamed ceilings in family room and screened porch with fireplace. Perfect for entertaining! Full daylight lower level is framed, roughed in for lg in-law suite.

Summary

MLS #5706779
Price1444800
Bedrooms5
Bathrooms (Full)4
Square Footage5000
Square Footage SourceBuilder
StatusActive

Features

5 Bed / 5 Bath Home in The River Club

5192 Boulder Bluff Way

Suwanee, GA 30024

$1425000
Fabulous build opportunity with builder Pat O'Donnell. Lot is nestled in quiet cul de sac close to The River Club amenity area. 5 bed/5.1 bath home. Master suite on main with spa like bath and his/her closet. Formal dining room/study, gourmet cook's kitchen over looking the great room and outside covered veranda with fireplace. Four additional bdrms upstairs all with private baths. Live in a community that meets expectations.

Summary

MLS #5741679
Price1425000
Bedrooms5
Bathrooms (Full)5
Square Footage4571
Square Footage SourceBuilder
StatusActive

Features

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Category Archives: market report

I’m Always Up For a Good Surprise..

2005 29 Jan - Atlanta Ice Storm - Spring St. (...
Image via Wikipedia

I was working over the market data for Gwinnett County, GA… outside of Atlanta.  And the numbers were a bit surprising.  They were good… Almost across the board…

Why am I not excited?  I want to be excited.  I want to shout to the world that Gwinnett County’s real estate market has turned.

But I’m skeptical…

Generally, December has to lowest number of listings that we are going to see throughout the year.  Seldom will we see an increase in listings… in fact, only in the high end (where listings are often on the market over a year) do we see around the same number of listings in December as in November or January.

But this year, there was a dramatic dip in November, related to October.  There was just as dramatic of an uptick for December , compared to November.

So, was November an anomaly or was December the odd duck?

2005 29 Jan - Atlanta Ice Storm - North Ave Br...
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My honest guess is that December is the odd one out.  Looking at the last several month, it seems obvious.  Here are the sales percentages vs the same month in 2009. Keep in mind, this is after the tax credit expired.

  • August – Down 11.5%
  • September – Down 22.6%
  • October – Down 24.0%
  • November – Down 27.3%
  • December – Down 4.0%

Obviously, that is quite strong.  But is real?  It will take a while to figure out.  We’ll have a better idea in a month or so, when the January numbers solidify, but we will still be looking at an “unstimulated” market compared to the market last year which was paying a $8,000 Tax Credit for First Time Home Buyers, and $6,500 for Existing Home Buyers.  So, it will be September or October before we really can compare 2010 numbers with 2011 numbers and see an honest comparison.

I’m Hopeful…

I certainly have reservations.  I am mentally preparing for a boomerang in January numbers.  But I remain hopeful.  I’m looking forward to the January reports, which will come out starting in mid-February.

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Gwinnett County GA Overall Market Report… November, 2010

Gwinnett County Historic Courthouse, Lawrencev...
Image via Wikipedia

Here are the final numbers for Gwinnett County Home sales for November, 2010.

At the end of November, 2010, there were 6,017 homes on the market in Gwinnett County, GA.  As usual, we have a drop off in listings during the Holiday Season.  November listings were down from October.  December also showed a decrease.  While this is a lot of listings, it is low compared to the 10,000+ listings that were on the market a couple of years ago.  There were 488 sales in November.  This was down from 716 sales for November, 2009.  Averaging the result for the last three months yielded an Absorption Rate of 11.2 months of inventory, which has been steadily increasing since June (this isn’t an increase that is good).  This has been pretty consistent across the board on price and location segments, although not exactly the same in all areas.

The Under $200,000 market segment was the meat in this sandwich.  For November, it represented 3,943 homes listed.  There were 231 sales during that period.  So, active listings went up (bad) and sales were WAY down (very bad).  Averaging the last three month gave the segment an Absorption Rate of 11 months.  The rate has been rising since May (rather than the more “market normal” June), having bottomed at just under 7.2 months of inventory.  Year over year sales for October were down from 496 in November, 2009.

In the $200,000 to $400,000 range, there were 1,537 listings county-wide.  The Absorption Rate, currently at about 15.5 months of inventory, has been rising since August.  And while sales are down, listings are down, too.  Year over year sales were down significantly, 69 for 2010 v 171 for 2009.  In effect, while there are less than half of the listings of the next lower market segment, there are barely more than a third of the sales.

Between $400,000 and $600,000, there were 320 listings in Gwinnett County and 8 sales for November, 2010.  Again, the Absorption Rate had been basically dropping since March, 2010, but jumped up significantly based on weak sales in both October and November.  Currently it indicates about 45.7 months of inventory.  Inventories are down slightly, but sales are abysmal v last year.  For November, 2009, there were 34 sales.

In the $600,000 to $800,000 strata, the Absorption Rate indicates 72 months of inventory.  That rate has been rising since July (it was 10 months, then).  But, in February there was a 38 month inventory of properties.  For November, there were 72 listings in this price range.  There was 1 sale… down from 9 in November, 2009.

As we move up to the $800,000 to $1,000,000 price level of Gwinnett County, GA, homes for sale, we see that there were 49 active listings and 2 sales for November, 2010.  This has an indicated Absorption Rate of 82 months of inventory.  Because the sales at this price level are less consistent than at lower levels, the rate bounces around a lot.  But, there is an upward trend in the absorption rate… which isn’t good.

On the top level, Over $1,000,000, there were 96 listings and 1 sale for November, 2010.  Here we have seen the Absorption Rate on the increase, despite the inventory dropping.  For August there was about 36 months of inventory.  Sales are down significantly from last year (when there were 3 sales…).  Since this is a very wide range (prices from $1,000,000 to over $10,000,000), there are more listings and sales than the next level down.  Also, the homes are generally harder to compare because this realm is populated with custom homes and “one-offs”.

I’m looking forward to seeing the sales data for December soon.  It will take quite a while before we get out of comparing to numbers that were skewed by government subsidies and stimulus.

You might have noticed that these reports lag by a month to a month and a half.  The reason for the lag is that it takes until the end of the following month for the data to stabilize.  So, the data for November wasn’t very solid until the beginning of January.  I have tried to use preliminary data, but it always seemed to veer at the last minute…

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Lane’s Prognostications for 2011…

Real Estate = Big Money
Image by thinkpanama via Flickr

We’ll see how well I peg this.

Lane’s Predictions for 2011…

Looking back over the last year or two in real estate market reports, there are a few things that have been jumping out at me.

  • For over two years I have been hearing about the millions of homes in “Shadow Inventory”.  These are properties in the foreclosure process, or already foreclosed, that the banks are basically sitting on, waiting until “the market improves” before releasing them into the market.  I predict that next year there will STILL be people talking about the coming giant wave of Shadow Inventory. It isn’t that there isn’t a shadow inventory, but that we have dropped from over 10,000 homes on the market in Gwinnett County, GA to around 6,000.  Even for the overall Atlanta Metro area, we have gone from 120,000 homes to under 70,000.
  • The federal government has been borrowing unheard of amounts of money for the last few years.  Much of it has come from China and other foreign investors… but the deficit spending is not coming to an end, while the depth of the investment pool is…  Despite the best attempts of the Fed, Interest Rates ARE going to rise. Currently we are seeing rates under 5%.  I expect that we will be looking at closer to 7% by the end of the year.
  • Looking at the market reports, there are a few things that are VERY obvious.
    • Government Stimulus for the Housing Market only provides a temporary bump… and then it is worse than it was before, but there will be another wave of government intervention I hope I am wrong on this one).
    • The entry level market (under $200k) is well on the way to recovery… and that will continue. We won’t really know it until around September or October because it will be masked by the tax credits in 2010.
    • Meanwhile, it has been a rough ride for the luxury market.  And I don’t think we will see a meaningful recovery in prices for the Luxury Market (above $600k). There is a lot of downward pressure on this segment, and while there are some signs of strength, the best that segment can hope for is stagnation.
    • The “Near Luxury” segment (from $200k-$600k) will be mixed. It is also the market to watch for signs of permanent recovery.  I know that I will be watching the $200k-$400k and $400k-$600k segments to try to glean the health of the overall market.
  • I fully believe that unemployment (or rather employment) is at the center of the struggle in the Housing Market, and not the other way around.  Until the Unemployment rate drops, housing cannot really recover.  I don’t see Unemployment going under 9% during 2011. In fact, unless something changes radically, I don’t think it will even get that close (maybe 9.3%).

I’ll probably have a few more predictions before long…

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Norcross, GA, Market Report, November 2010

This map shows the incorporated and unincorpor...
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Market stats for Norcross, November, 2010 indicate that there were 386 properties on the market. Overall, there is about a 10.3 month supply of properties. October and September sales were down v 2009 (42 v 57 and 43 v 55), but August was way up (52 v 43).  November was a thrashing… 27 v 47 in 2009.

In the sub-$200k arena, there were 215 listings, with about 7.5 month supply.  Sales are down significantly from a year ago in this segment, which is the main driver of sales in this area (25 v 34).  But the segment is still looking pretty strong, despite the weakness in July and September and relative weakness of sales in October and November.

Between $200k and $400k, there were 127 listings for sale, and about 20 months of supply.  Sales have been down and slowing for the last few months.  But October was down (4 v 13 last year).  With the increase in inventory.  November only had 1 sales, v 11 last year.

From $400k to $600k, there were 39 homes on the market. The absorption rate is around 19.5 months. Much of the perception of strong Absorption Rates is from shrinking inventories.  Actual sales have been mostly decelerating.  I expect to see the numbers move the other way in the next few months.

Georgia state route marker. Signs use FHWA typ...
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In the $600k to $800k arena, there were 2 listings on the market.  Inventories have decreased as sales have increased compared to last year.  The absorption rate (6 month average) is at 4 months of inventory… but with only 4 sales this year, obviously it is easy to bump one way or the other. The ONLY reason for the strong looking Absorption Rate is that there are only 2 listings.

The range from $800k to $1m, there were 1 homes listed on the market and no sales… seemingly forever.

Above $1m, there were 2 properties listed.  But because of the smaller numbers of sales, the absorption rate could be significantly impacted by just a couple of sales.  There have been two sales in the last year (Apr 10 and Oct 10).

Norcross, GA is a suburb of Atlanta in Gwinnett County. The population is 2000 was 8,41, but that only included the area inside the city limits, and it has seen tremendous growth since that census. The City of Norcross revamped their old town a long time ago, and it has served as a model for other towns in the area. It is also home to Meadow Creek and Norcross High Schools. One of the things that Norcross is known for locally is the beautiful older homes in the downtown area. They have maintained their historic flair quite successfully.

I have a page dedicated to Norcross Market Data.

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Wayback Wednesday… Looking Ahead to 2009…

Fiat 500 (2007)
Image via Wikipedia

Two years ago this week, I posted up my predictions for the next year.  That year would be 2009.  I got a few right, and got a few wrong.  I was just looking back and I was surprised by them… some were pretty bold.

Here is the original post

Here is a quick rundown of how I did…

  1. Right
  2. Rightish
  3. Hit that one
  4. Kind of right…
  5. Not so good on that one
  6. That one was good
  7. Nailed that one
  8. Not so much
  9. Got that one pretty right
  10. Hit that one out of the park…
Rundown Shack OF
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On my “bonus predictions”…

  • Red Wings, yes.  Bruins, no.
  • Islanders, yes.  Thrashers… pretty close.
  • Chrysler… bought by Fiat.
  • Saturn, closed.  Hummer, sold.
  • Toyota had a loss for the year.
  • How’s that Global Warming working out?
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