Tributary Going Hollywood?
April 22, 2009 by Aaron Hofmann
Filed under New Developments
Welcome back!
The Tributary will be getting a little extra publicity this year. Ashton Kutcher, Katherine Heigl and Tom Selleck star in Five Killers, a feature film set and filmed in part at Tributary.
Described as a light-hearted action comedy, Five Killers features Ashton Kutcher as a CIA assassin who meets and falls in love with Katherine Heigl in France (where the photo above was taken). Afterwards, he gives up his assassin “business” to become a family man.
The couple moves to an idyllic, suburban Georgia neighborhood (Tributary) to be near her parents. After several years of wedded bliss, Ashton Kutcher’s character realizes there are several contracts out on him, and chaos ensues. Action sequences and a block party will be filmed at Tributary in May and June.
So if you’re looking for your own piece of Hollywood right here in Georgia, you may want to consider doing a little house hunting in Tributary. And if you hear gun shots while looking for homes, don’t worry, they’re just blanks.
Tributary is a large neighborhood in Douglasville. With Sweetwater Creek State Park next door, the ideal location for nature based activities is minutes away. And at 20 minutes to Midtown (down speedy Interstate 20), all that Atlanta has to offer is in your backyard. Downtown, Midtown, and Buckhead, Vinings and Georgia Tech offer more clubbing, dining and shopping than any human should tackle in a weekend.
Tributary embraces all the best qualities of America’s classic neighborhoods and places them 20 minutes from downtown, Vinings/Galleria and the airport, and right next to a 2,500-acre nature preserve.
Here you can walk from your home to a park in seven minutes or less, even if you pause a couple of times to greet your neighbors. There are parks by the dozens – playgrounds, social parks, a skate park, off-leash dog parks and even a bocce park. And at the heart of it all, there’s Founders Park – where you are likely to find residents laying on blankets, playing flag football, checking e-mail (it’s a WiFi hotspot), and gathering for concerts, movies, and other community functions.
There are also neighborhood activity centers with swimming pools, a fitness center, a basketball court, tennis center, an athletic field complex, and even our own private mountain biking trail.
Contact us today to learn more about Tributary homes for sale.
Mortgage Rate Update – April 20, 2009
April 21, 2009 by Aaron Hofmann
Filed under Market Updates
It’s time for another Atlanta mortgage rate update. If you’re in the market for a new Atlanta home, then you definitely want to keep an eye on interest rates, what’s effecting and where they might be headed. While we’re not seeing a huge movement in rates, we have seen a lot of volatility within each week. And while you don’t typically see a drastic swing in rates in one week, rates have moved pretty dramatically over a 2-3 week period.
The week in review:
Home loan rates remained unchanged this last week after receiving a couple economic reports that inflation appears to be in check for the moment. Interest rates continue to hover at historic lows. But, how long will it last?
What to expect:
There are several economic reports due out at the end of the week but none are generally market movers. It is earnings season and we’ll get earnings reports and future guidance from some major companies this week. Remember: Weak economic news generally translates into lower home loan rates. So, we could see some swings throughout the week.
On a longer term horizon, we have unprecedented stimulus and spending going on. The market is closely watching for signs of improvement and, more importantly, heating up inflation. Once those signs are evident, expect rates to move up rather quickly.
Breg-ometer:
Next 7 days: Rates should stay in the same range
Next 30 days: Rates once again should be in the same range
Next 90 days: Will signs of economic recovery be evident?
Courtesy of:
Bob Bregitzer
Record Cobb County Foreclosures
April 13, 2009 by Aaron Hofmann
Filed under Real Estate
The largest number of foreclosed homes in Cobb County were auctioned off last Tuesday at the Cobb Superior Courthouse steps. In total 1,187 properties were scheduled to be auctioned. For the year, 3,005 foreclosure notices have been published for foreclosure auction, comparied to 1,921 during the same time period in 2008.
As you may know, Georgia is a non-judicial foreclosure state, which in a nutshell means that no court proceeding must be held to foreclose. Legal notices must be published for four consecutive Fridays before a property can be sold at auction.
As foreclosures have increased, it has created a fabulous buying opportunity. Today’s foreclosures are not the foreclosures that we used to see. Many of these homes are immaculate.
To help you identify top foreclosures in Cobb County, we have put together a team of experts ready to advise you on the opportunities. If you’re interested in taking advantage of the current opportunities, contact us to get started. In the meantime, check out these current foreclosures.
Be sure to sumbit a Showing Request or a More Information Request if we can be of assistance.
Smyrna Vinings Home Market Update – February
April 3, 2009 by Aaron Hofmann
Filed under Market Updates
Smyrna Vinings Home Market Update
We’re back again for the update on the latest in the Smyrna Vinings home market. In the table above, we have shown by zip code for both single family homes and condos the amount of homes currently active and resulting months of inventory.
Now that we’re quickly approaching the Spring real estate market in Smyrna Vinings, we should start to see inventories begin to increase in the Smyrna Vinings market in homes, condos and townhomes. This is more of a cyclical thing, than a sign of a tough market.
This past month in the Smyrna Vinings home market we had a decrease in the number of active listings compared to last month and a small decrease in months of inventory to 12.34 months. We have 625 active homes in Smyrna Vinings compared to 633 in January.
Inventory is heavily weighted by new construction as well as the steady flow of foreclosures and short sales hitting the market. We’re continuing to see prices come down as a result.
New construction in this price point include Cottage Garden, Walker Street Manor, Morris Commons, Sherwood Park, Brookside Park, The Cottages at Market Village, West Haven, Cottages at Lois Pointe, Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, The Estates at Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Cottages at Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.
After a 7% decrease in condo listings last month, there was a 9% decrease this month. The Smyrna Vinings condo and townhome market, decreased by 33 units over last month, with a total of 344 units now on the market compared to 377 in January. Months of inventory have decreased to 14.74 months, which still has a way to go to get back to a healthy market.
Economic news has improved interest rates dramatically. Downward movement of rates signal a great buying opportunity.
If you’ve thought about selling your home, be sure to contact us. While the statistics aren’t great, homes are still getting sold. However, now more than ever, it’s imperative that your home is positioned properly in the marketplace. If you have any questions on how best to do that, don’t hesitate to contact us.
Click here if you’re ready to begin your Atlanta home search.
The H2 Realty Group is exclusively partnered with Keller Williams Realty, the third largest real estate company in North America (according to REAL Trends). The H2 Realty Group provides services to home buyers and home sellers in the north metro Atlanta area including Smyrna, Vinings, Buckhead, Midtown, Brookhaven, Marietta, Mableton, Kennesaw, Sandy Springs, Roswell, Alpharetta, Duluth and Norcross.
All tools and resources can be accessed at www.H2realty.com.
