It’s a new year and the time has never been better to choose a new home. Mortgage rates are still historically low and now is a great time to lock in your rate on a new construction home at Horizon at Laurel Canyon.
Horizon at Laurel Canyon in Canton, Georgia is a lifestyle within itself. Nestled at the foothills of the Blue Ridge Mountains, Horizon offers golf, a clubhouse, pool, tennis and more. Spend the day meandering in the shops of downtown Canton or take a drive north to Ellijay, Jasper or Blue Ridge. Whichever you decide, you will be experiencing the good life in a Patrick Malloy home.
This is the community that you have imagined. Designed with the active adult in mind, Horizon at Laurel Canyon is not age restricted and offers all the amenities that homeowners desire.
Affordability of Real Estate
Consider this article from Keepingcurrentmatters.com :
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years.
It’s not, however, just the price of a home that matters.
Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability equation is a buyer’s income. The median family income has risen by approximately 3% over the last year.
The National Association of Realtors (NAR) releases a monthly Housing Affordability Index. The latest index shows that home affordability is better today than at almost any point over the last 30 years. The index determines how affordable homes are based on the following:
“A Home Affordability Index value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home. An index of 120 signifies that a family earning the median income has 20 percent more than the level of income needed pay the mortgage on a median-priced home, assuming a 20 percent down payment so that the monthly payment and interest will not exceed 25 percent of this level of income (qualifying income).”
The Horizon at Laurel Canyon has homes available now.
Homesite 77 |$549,795 |3 BR, 2 full & 1 half BA – Cambridge D Ranch on basement backing up to 18th Fairway! 3 bedroom/2.5 bath on a basement. Designer Kitchen with upgraded cabinets and vent hood with additional microwave drawer in island. Fireplace with cedar mantle and painted brick hearth. Laundry room with sink and upgraded hardwoods through out main level, except in bedrooms. Contact us for more information
Lot Homesite 73 |$568,155 |3 BR, 3 full BA –The Fullerton B- Ranch is a Must Have!! This home backs up to the Golf Course overseeing the 18th Hole. Perfect for ENTERTAINING, your deep Backyard is adorned by a covered Deck/Porch and and additional uncovered Deck! Enjoy many wonderful Decorator Upgrades! This plan comes complete with a 3 Car Garage! Ready in Spring 2020, but you can see the beautiful 1/2 Acre Lot NOW Contact us for more information
Call Camille Gard at 770-547-6659 or email her at firstname.lastname@example.org or call Christel Cramer at 770-894-1904 or email her at email@example.com for further information on available homes and current incentives.
Stop by the professionally decorated model home at 203 Laurel Vista Drive, Canton, GA
Directions: I-575 North to Exit 20 turn left onto Riverstone Parkway. Turn Right @ Reinhardt College Parkway, turn Right on Waleska GA 140. Turn Left past Publix, turn Left on Laurel Canyon Parkway, travel 1.3 miles to Laurel Canyon.
Monday – Saturday 11:00 – Dusk
Sunday 1:00 – Dusk
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Sales handled by Berkshire Hathaway HomeService – Georgia Properties – New Homes Division