IT'S A GREAT TIME TO BUY HALL COUNTY, GA, REAL ESTATE!
What with all the media attention focusing on gloom and doom in real estate, I remain optimistic about residential real estate. There is much good news about real estate that just isn't getting the media attention it deserves:
1. Interest rates are at historic lows. In the early 1980's, my husband and I relocated to Gainesville, GA (the best place in the world!). When we arrived, however, we couldn't afford to purchase a home, for two reasons:
#1 We had a house to sell in another state (a common problem) and
#2 Interest rates were 18% (a VERY UNIQUE problem).
Fortunately, in today's environment, interest rates are LOW...historically low...which makes it a great time to buy real estate in Gainesville, Flowery Branch, Lake Lanier, and all around Northeast Georgia!
2. Home mortgages are still available and lending standards are tighter than they have been in the recent past. The fact is that lenders have mortgage money to lend to those who meet the qualifications of credit score, debt-to-income ratios, and employment history.
3. Inventory is plentiful. Sellers are motivated, which means buyers can likely get more house for the money in such great communities as Sterling on the Lake in Flowery Branch, Avalon Hills in North Hall County, and the Gates at Limestone in the City of Gainesville (to name a few) than at any time in recent years.
When you consider supply and demand, nothing quite comes close to the value found in real estate. After all, each home is unique and truly one-of-a-kind simply because it is built on one commodity whose supply is fixed--and becoming more and more scarce each day--land! Let's Real Estate!