Mortgage rates are at historical lows. According to this article in TheMortgageReports.com ” The news is all good for mortgage rates. No matter where you look, experts are predicting sub-4 percent rates across the year. Fannie Mae predicts the lowest rates, with a 2020 average of 3.6 percent, while Realtor.com clocks in with the highest at 3.85 percent.
The time to act is now to put your new home under contract to move in early 2020 or springtime if under construction.
Housing inventory remains a challenge
Inventory has been notoriously tight over the last year, and experts are saying that trend will continue. In fact, Realtor.com’s senior economist George Ratiu even predicts a possible “historic low level” of inventory in the coming year. Here’s how Ratiu explains it:
“As mortgage rates sank in March, the low rate environment gave the housing market a second wind,” says Ratiu.
“Thousands of buyers that were priced out by sky-high prices found a way to enter the market by leaning on financing, and those that were on the edge of qualifying were suddenly and automatically back in.”“At the start of the year, two out of three markets were seeing inventory growth. As we wrap the year, only one in 10 are seeing growth.” –George Ratiu, Senior Economist, Realtor.com.
The bottom line is now is the perfect time to take put your new home under contract. Kyle Farm was awarded the Gold Award for Community of the Year. Along with winning the Gold Award for “Community of the Year,” Kyle Farm also won for “Best Floor Plan” and “Best Community Amenity.”
ACT FAST to get $20,000 Any Way You Want It, Plus $5,000 towards closing when using preferred lender.
Located near Historic Marietta, Downtown Acworth, Downtown Kennesaw, Kennesaw National Park and great malls for shopping and dining like The Avenue at West Cobb or Town Center at Cobb with gorgeous views of Lost Mountain.
Fall is here and is a great time to enjoy the outdoors with a walk to Lost Mountain. The resort-style amenities include an elegant Clubhouse, Jr. Olympic swimming pool, Children’s Splash pad, outdoor Hot Spa, Outdoor Firepit, Fitness Gym, Event Lawn, Volleyball, Tennis Courts, Playground Area, Dog Park and Bocce Ball.
Now is a great time to move to a sought-after school system like West Cobb. Kyle Farm is located in the West Cobb School District with students attending Kemp Elementary, Lovinggood Middle & Hillgrove High! Each one of these schools boasts enviable ratings! Check out greatschools.org to see for yourself. All residents of Kyle Farm, both with or without children in school, will benefit from the value of purchasing a home in this top-rated school district!
Move in Now!
649 Wynnewood Court SW |$604,925 | 5 Bedrooms/4 Baths – Darlington C- Spacious home on FULL DAYLIGHT BASEMENT! Open Family Room with separate Office & Guest Suite on main. n. Upper Level: Owner’s Suite with an incredible Spa Bath & his & hers closets! Rounded off with 3 additional bedrooms with 2 full baths and large open Loft. Incredible oversized covered Deck overlooking a large private wooded backyard! MOVE IN NOW!
Lot Homesite 177 |$720,988 |5 BR, 4 full BA | Dartmouth B– Executive Home in exclusive Preserve Section! 3 car garage. Splendid family room open to spacious kitchen & sunroom. Separate dining and living room. Main level guest suite with private bath. Second level features Owner’s Suite with spa bath & his/her closets. Three additional bedrooms, one with private bath and one with Jack & Jill bath. Large family loft and laundry room upstairs for convenience.