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Market Conditions in Suwanee : Real Estate Advice

  • All131
  • Local Info17
  • Home Buying29
  • Home Selling5
  • Market Conditions10

Activity 14
Janell Carter, Real Estate Pro in Atlanta GA 30018, GA
Thu Jan 7, 2016
Janell Carter answered:
Hi Kimberly,

To find ratings for these schools you can go to www.schooldigger.com or www.greatschools.com Both of these sites offer ratings, demographics, test scores, and comments from parents. I hope this information helps you.

Janell Carter Realtor
Century 21 Intown
678-791-8956
www.janellcarter.com
... more
0 votes 2 answers Share Flag
Anthony Acos…, Real Estate Pro in Atlanta, GA
Fri Jun 13, 2014
Anthony Acosta answered:
I just listed a home that was built in 2004 with 3 bedrooms, 2-1/2 bath located at 405 Friars Head Drive Suwanee, GA 30024 in the Townsend Creek Community. Spacious living space, great kitchen, private backyard. Community amenities include Swimming Pool, 4-Tennis Courts, 2-Playgrounds, and an active homeowners association. Townnsend Creek has a beutiful private trail in the community's 40 acres of natural reserve. Call today to schedule a private tour of this great home. ... more
0 votes 2 answers Share Flag
Greg Tordik,  in Suwanee, GA
Thu Dec 5, 2013
Greg Tordik answered:
Acworth is a nice area which is near lake Allatoona the lake is very nice but not overly large. Suwanee is just 10-15 minutes from lake Lanier.
0 votes 3 answers Share Flag
Lee Taylor, Real Estate Pro in Decatur, GA
Wed Dec 4, 2013
Lee Taylor answered:
Define peaceful. Does that mean "near the lake" or "on the lake" or something else?

There is nothing very peaceful to me about any of our exurbs, unless you are talking exclusive, remarkable property.

Peace to me is walking home on wet pavement in Decatur from the office and stopping at The Marlay for shepherds pie and a Harp before bedtime.

Goodnight from ITP...
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0 votes 2 answers Share Flag
Liz Ryan, Real Estate Pro in Cumming, GA
Wed Dec 4, 2013
Liz Ryan answered:
Suwanee and Acworth are very far from each other, so my question is what criteria did you have that narrowed it down to those two? It would be similar to asking should I move to White Plains or Manhasset which are both are good choices, but located a far distance from each other.

My area of expertise is in Suwanee (Forsyth) having lived here 14 years. It's a wonderful place to live with award winning schools, low taxes, fabulous established neighborhoods featuring community residence clubs, tennis courts and pools...also reasonably priced.
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0 votes 7 answers Share Flag
Shelly Boodr…, Real Estate Pro in Suwanee, GA
Wed Dec 4, 2013
Shelly Boodram answered:
I feel the best place to live in Georgia is the city of Suwanee. It was in the money magazine for one of the best places to live...great place for family with children
0 votes 6 answers Share Flag
Rodney Mason, Real Estate Pro in Atlanta, GA
Mon Jul 22, 2013
Rodney Mason answered:
You would need to contact the local law enforcement agency for that information. Real Estate Agents are not allowed to comment on a variety of topics. The Fair Housing Act restricts the information that can be provided by a Real Estate Agent. Visiting the area and making your own determinations about what is best for you is the way to go.

Off Limit Topics Include:
• Crime Statistic (including questions about whether a neighborhood is good or bad or safe)
• Demographics
• Environmental Concerns
• Household Income
• Religion
• Schools (including questions about how good or bad the school is)

Determining to the answers to questions on any of the topics listed above is something that you would need to do on your own. It is up to the individual to make their own determination about a specific area. If a Real Estate Agent were to comment on such a thing, it could be steering which is a prohibited act.

Some websites to try include:

http://www.trulia.com/crime/

www.crimereports.com

www.familywatchdog.us/

www.neighborhoodscout.com

www.greatschools.org/

www.schoolmatters.com

Reasons Why A Real Estate Agent Cannot Comment
http://realestate.msn.com/article.aspx?cp-documentid=20748062
http://www.fairhousing.com/index.cfm?method=page.display&pageid=3657
http://realestate.aol.com/blog/2010/12/06/what-a-real-estate-agent-cant-tell-you

These links should be able to provide some of the answers you are seeking.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
... more
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Dea Palmer,  in Suwanee, GA
Tue Jan 22, 2013
Dea Palmer answered:
For the most accurate information you should contact :

Gwinnett County Public Schools
437 Old Peachtree Rd NW Suwanee, GA 30024-2978
Phone: (678) 301-6000
Call them with the addres,s and they will tell exactly which middle school.

Dea Palmer
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0 votes 3 answers Share Flag
Aroofguy, Home Buyer in Suwanee, GA
Sun Mar 25, 2012
Aroofguy answered:
any changes in demographics and inventory, particularly east of 85 Suwanee?

Are things looking up since 2007?
0 votes 7 answers Share Flag
Solomon Gree…, Real Estate Pro in Duluth, GA
Wed Jan 25, 2012
Solomon Greene answered:
Sorry Desperate, It reads right there "jumbo loan," so it Harp will not likely apply. Still think you should contact NFCC.org for guidance, but a short sale might also be an option if things move in that direction. Please let me know if things move in that direction. There are professionals in my office who do only that type of transaction, have the connections with the various lenders and can help you navigate the process smoothly.

Solomon Greene
REALTOR® Keller Williams Realty Atlanta Partners
(678) 775-2677
... more
0 votes 2 answers Share Flag
Janelle Burns, Real Estate Pro in Stockbridge, GA
Fri Aug 26, 2011
Janelle Burns answered:
Hi Other/Just Looking,
I am actively showing homes in both areas, and will be happy to share my knowledge with you. Please indicate what price-point you are seeking. Please call me at 404-219-6033 or email JanelleBurns@kw.com to discuss your housing needs, and I will be happy to provide you with some options that meet your criteria. Regarding the schools: the correct web site is www.greatschools.org where parents give their opinion of the schools their children attend. You may also visit the actual county web sites....cobbk12.org and review Test Scores located on the left side, and Awards and Honors under The District tab along with more information about Cobb County School offerings. Gwinnett County information is located at www.gwinnettk12.ga.us and also provides information on Awards and Testing. How we value our child's educational opportunities differs from parent to parent, and can also be influenced by ethnic and cultural traditions. Each county provides their version of educational opportunities, as well as opportunities for athletic achievement and personal expression within the Arts. How your child learns is a critical component to be considered, also. The State of Georgia has its informational web sites: www.doe.k12.ga.us AND georgiastandards.org AND thinkfinity.org. Looking forward to hearing from you and share a smile today! ... more
0 votes 6 answers Share Flag
Elden Alvarez, Real Estate Pro in Duluth, GA
Sat Jul 24, 2010
Elden Alvarez answered:
If you would like a listings analysys of the area you are looking in feel free to give me a call. We also have many home lending products to choose from.

678.226.7840
Elden Alvarez
Mortgage Banker
Brand Mortgage, LLC
... more
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Hank Miller, Real Estate Pro in Alpharetta, GA
Tue Mar 24, 2009
Hank Miller answered:
Well I guess I take the counterpoint position and disagree with Stephanie and James. I'd love to see what type of "market analysis" can be done considering three months of data, you're seriously going to forecast trends limiting the data to that?

I'm a certified appraiser and broker and have been that way for the last 20 years - the idea that we're only able to use sales within the last three months is absolutely incorrect. In an ideal world we're expected to stay within 6 months but the real world allows a year. There's a diminished number of sold comps in general and even fewer when you analyze data and see the quarterly trends; OCT-JAN will always have lower volume than MAY-JULY.

Most of the useless information will come from agent pushed "CMA's" or "Market Analysis". As appraisers we have a number of data sources and programs to quickly and easily show trends for areas, zip codes, price ranges, styles....anything you want and any way you want it. If we use MLS we can download up to 15,000 records from up to 10 years ago. The idea that doesn't help you in this market is ridiculous.

Drop me an email with what you're looking for - this is waht we do all day every day.

Hank Miller, SRA, ABR
Associate Broker & Certified Appraiser
Prudential GA Realty
678-428-8276
... more
0 votes 4 answers Share Flag
Deryk Harper, Real Estate Pro in Alpharetta, GA
Sat Oct 4, 2008
Deryk Harper answered:
Raj,
I am curious. Where are you in Atlanta that your property value has not dropped? I have done comps for months all over the north metro area and I find that values have dropped 4-10% everywhere I look. I would love to take my Buyers to an area where values have not dropped.

As far as the loan goes Cameron has a good point about the cost of refinancing. But, like Cameron suggested, that math only works though if the ARM were to stay at 6% or less. If the rate on the ARM were to rise significantly after the 2 year period, which it definitely could, then you could end up in much worse shape financially at that time.

If it were me, and I have become much more conservative over the past couple of years, I would want to lock in to a fixed rate and not have to worry about market fluctuation. Even if I planned on selling near term there is no guarantee that I can get the price I would want, or a qualified Buyer, in the current economy.


I also agree with Elo that you don't want to do this with just any lender at this point. Make sure you do your homework and get references from the lender and examples of recent successful loans they have brokered. Talk to others that have just closed loans with this lender. The may be rushing you because credit and available capital to lend is questionable and may not be available soon or it may just be because they have not had much business and they need a paycheck.

Good luck to you whatever you decide.
Deryk
... more
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