Posts Tagged ‘RE/MAX’

Home Values Rise

Home values rise for first time in 5 years!  CNN Money reported the trending from Coldwell Banker, ReMax and Keller Williams Realty.  Nationwide, home values rose 0.2% year-over-year for the first annual increase since 2007 per real estate listing site Zillow and prices were up 2.1% from the first quarter. “It seems clear that the country has hit a bottom in home values,” said Zillow’s chief economist Stan Humphries. “The housing recovery is holding together despite lower-than-expected job growth, indicating that it has some organic strength of its own.” 

Peachtree Residential has seen an increase in sales as well and is building new homes in highly sought after Atlanta locations.  There are recently completed homes ready to close in numerous neighborhoods.  Visit the Peachtree Residential website to see the available homes.  Peachtree Residential Properties was founded on the commitment to building quality homes with meticulous craftsmanship, custom designs, and the thoughtful touches that add to the homeowners’ quality of life. Today, Peachtree Residential is thriving and has been building new luxury residences in Atlanta area communities for 24 years!

Luxury Housing Markets Heat Up & Inventory is Low

Home prices signal a strong selling season  according to PRNewswire.  For the second month in a row, home prices have risen higher than a year ago. Median prices in March were an impressive 5.8 percent higher than March 2011 in the 53 metro areas surveyed for the RE/MAX National Housing Report. For the last 9 months, sales have reached a level higher than the same month in the previous year. Following these trends, the spring and summer months should experience increased activity. With falling inventory and many markets witnessing multiple offers with bidding competitions, prices are likely to continue to rise in many areas.”There is very little inventory, which is driving a lot of activity,” said Richard Smith, president and CEO of Realogy Corp., a global provider of real estate and relocation services. High-end markets are seeing increased activity as well. Even far from the major city centers, real estate watchers have seen luxury markets heat up according to U.S. News & World Report.

Peachtree Residential recently sold several inventory homes and are building more!  All inventory homes have been sold in several neighborhoods including Sterling on the Lake, but pre-sale opportunities remain on stunning homesites.  Tillman Hall is selling quickly in Peachtree Corners, so stop by before it’s too late to build your dream home!  Visit the Peachtree Residential website to view the current new home communities and see available the homes in great North Atlanta locations.