Tax-free break approaching

July 19th, 2007

Atlanta Business Chronicle - 3:10 PM EDT Wednesday, July 18, 2007

Georgia’s annual sales tax holiday will be from Aug. 2 to midnight Aug. 5, according to the Georgia Department of Revenue.

During the tax-free period, Georgia consumers can buy certain clothing items, schools supplies, computers and computer accessories without paying state and local sales.

Clothing and footwear up to $100 per item are exempt, but there is no limit on how many pairs of shoes and clothing items an individual can buy. If the price of an article of clothing or pair of shoes exceeds $100, then the item will be taxed at its full retail price.

Clothing accessories, jewelry, handbags, umbrellas, eyewear, watches, watchbands and similar items are not exempt from sales tax during the tax-free period.

School supplies bought for classroom use or classroom related activities are exempt if they cost $20 or less per item. Included are pens, pencils, notebooks, paper, book bags, calculators, dictionaries, thesauruses, children’s books and books listed on approved school reading lists for pre-kindergarten through 12th grade. Sales tax will be due on the purchase of any single school supply item that exceeds $20.

Purchases of personal computers and accessories are exempt up to $1,500 per transaction. These items include monitors, personal computer base units, keyboards, handheld computers, monitors, printers, modems, non-recreational software and other peripheral devices.

Personal digital assistants are exempt unless they allow voice communication. Other items that are not exempt include regular cell phones, digital cameras, furniture and any systems, devices, software or peripherals designed or intended primarily for recreational use.

To see original article, go to http://www.bizjournals.com/atlanta/stories/2007/07/16/daily31.html?f=et50&ana=e_du

Smyrna Vinings Home Market Update - June

June 18th, 2007

Smyrna Vinings Home Market Update - June

What’s new 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.

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.

I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.

This past month in the Smyrna Vinings home market we’ve seen another 4% increase in active listings compared to last month which now brings the months of inventory to 10.04 months. We now have 747 active homes in Smyrna Vinings compared to 716 in May.

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.

After a pretty nasty increase in condo listings last month, it continued to worsen. The Smyrna Vinings condo and townhome market increased an additional 5% over last month, with a total of 434 units now on the market compared to 412 in May. This now puts the condo and townhome months of inventory up to 13.22 months. That’s right, now over an entire year worth of inventory.

What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. 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 hesistate to contact us.

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). 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.

Smyrna Vinings Home Market Update - May

May 19th, 2007

 

Smyrna Vinings Housing Market Trends
Here’s the latest update on 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. 

Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.
I know for all those trying to sell their home or thinking about selling, this is the last thing you’ll want to hear, but the market continues to worsen in both single family homes and townhomes and condos in the Smyrna Vinings market.
       
This past month in the Smyrna Vinings home market we’ve seen an additional 4% increase in active listings compared to last month which now brings the months of inventory to 9.36 months. We now have 716 active homes in Smyrna Vinings compared to 688 in April.
As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Woodbridge Crossing, Medlin Place, Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.  
           

While it appeared that the condo market might have actually been peaking, it took a marked turn for the worse this past month. The Smyrna Vinings condo and townhome market increased a whopping 13% over last month, with a total of 412 units now on the market compared to 366 in April. This now puts the condo and townhome months of inventory up to 12 months. That’s right, an entire year worth of inventory.

 

What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. 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 hesistate to contact us.     

       

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). 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.

Smyrna Vinings Home Market Update - April

April 16th, 2007
Smyrna Vinings Market Trends 4.16.07

 

  

Here’s the latest update on 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. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.       
While in the past month’s it has been apparent that we were in a buyer’s market for single family homes in all price points except the $200-299,999 range, this range has been steadily worsening as well to the point it is waffling between a seller’s and a buyer’s market. Overall, concern has been building in the marketplace and rightly so. Up till now, the market has been slowly worsening.
However, this past month in the single family home market we’ve seen a 12% increase in active listings compared to last month and a 14% increase in months of inventory. We now have 688 active listings compared to 617 in March and now represent 8.76 months worth of inventory.           

As noted previously, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.             

 

There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Some of the developments influencing these statistics are Greystone at Vinings, One Ivy Walk and Kensington Green.                  

Intererstingly enough, the condo and townhome market while not overly healthy, seems to be fighting to reverse the negative trends. The condo market increased 3% over last month, with a total of 366 units now on the market. 
  
What to look for? I keep telling you that we’re going to see the uptick in inventory and sure enough, it keeps going up along with months of inventory ratio. We will monitoring this closely over the next couple months. 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 hesistate to contact us.   
    

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). 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.

Smyrna Vinings Sunday Tour of Homes

March 31st, 2007

The Smyrna Vinings Sunday Tour of Homes will be running from 2-4 pm on Sunday, April 1, 2007. There are four homes on the tour and if you you preview all four homes, you will be able register for a $75 gift certificate to Soho in the Vinings. The following homes are on tour.

32 Dunaire Court 3957 Harmony Walk Way

32 Dunaire Court          3957 Harmony Walk

4204 Terrace Court 4213 Terrace Court

4204 Terrace Ct           4213 Terrace Ct

The Tour of Homes starts at 2pm.

Directions are as follows:

1. From S. Cobb Drive go west on East-West Connector.

2. Turn left on Fontaine Road

3. Turn right on Nickajack Road

4. Turn right into Glenleigh subdivision and proceed to the T.

5. Turn right on Kinvarra Circle, then right on Dunaire Court.

6. The first home is on your right at 32 Dunaire Court.

7. From Glenleigh neighborhood exit, turn right onto Nickajack Road.

8. Turn right on windsor Drive

9. Turn right on Concord Road and proceed through covered bridge district

10. Turn left into Concord Walk on Harmony Walk Way

11. Proceed to end and home will be on your right at 3957 Harmony Walk Way.

12. Exit Concord Walk neighborhood and turn left on Concord Road.

13. Turn right on Concord Lane (just before CVS).

14. Turn right on N Cooper Lake Road.

15. Turn left into Austin Lake on Austin Lake Drive.

16. Turn right on Terrace Court, next home on right at 4204 Terrace Court.

17. Continue down Terrace Court to 4213 Terrace Court.

You have completed the tour. Be sure to register at each location in order to qualify for the drawing. If you have any questions, call Aaron Hofmann at 770-653-9601.

Smyrna Vinings Home Market Update - March

March 15th, 2007

Smyrna Vinings Housing Market Update - March

 

Here’s the latest update on the Smyrna Vinings home market. In the graph above, we have shown the number of active listings in both February and March by price segment for both houses and condos, as well as, the months of inventory in each price segment. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market. 
The interesting thing to note from this graph is that the market’s largest number of listings is at the high and low end of the market, with quite a drop off in the amount of inventory between $300,000 to $500,000. As noted above regarding month’s of inventory, the only market that appears to be a true seller’s market are houses in the $200,000 - $299,999 segment.              

 

As noted last month, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.             

There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Some of the developments influencing these statistics are Greystone at Vinings, One Ivy Walk and Kensington Green.             

Aside from $500+ price segment, the inventory amounts for other price points for the Smyrna Vinings home market actually indicates a fairly healthy housing market. As expected we’ve seen a slight uptick in the months of inventory in the single family homes over last month. It has increased from 7.20 last month to 7.69 in March. This is due to a 7% increase in active listings compared to last month, 617 houses compared to 578 in February. Intererstingly enough, the condo and townhome market also increased 7% over last month, with a total of 356 units now on the market. 
  
What to look for? We were expecting the increase in inventory and should continue to see that for the next couple months, but didn’t really expect the uptick in month’s of inventory. This will be something to watch closely over the next couple months.  
 

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). 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.

Best Smyrna Vinings Home under $500,000

March 12th, 2007

 JUST LISTED

 Austin Lake homes

 

About the Home:  

Best Home in Smyrna Vinings under $500,000 and in top swim/tennis community. Wonderful home. Click here for virtual tour.

Updated kitchen with new stainless steel appliances, granite countertops, deep undermount sink, recessed lighting, custom built cabinetry including island with wine rack and butlers pantry. 

New hardwood floors throughout main level with separate dining, living and family rooms. Huge master upstairs with sitting room, walk-in closet and large master bathroom with separate shower, jacuzzi tub and double vanities. 

Terrace level includes wine tasting room with wet bar, media room, recreation room, guest bedroom and bath and lots of storage. Terrace level pre-wired for speakers throughout. 

Outdoors you’ll love the custom built screen porch and deck overlooking professionally landscaped backyard with stone patio, arbor bench, koi pond, terraced gardens and large play area. Owner/agent.

About the neighborhood:  

 

Neighborhood amenities clubhouse, swimming pool, tennis courts, playset, lake all situated in a mature environment with lots of trees. The neighborhood is located in Smyrna. Recently revitalized, Smyrna’s appeal comes from its Village Green, a common green space that hosts concerts and festivals throughout the year. Shopping and fine dining is readily available in this fourth largest city in the metro Atlanta area..

 

5 Bedrooms
3.5 Bathrooms

Listing # 3439072

$475,000

Contact the H2 Realty Group to learn more about this great property or to schedule a showing. You can also use the following link Featured Properties to see our featured properties.

To see other properties currently available in Smyrna, use the following link: Smyrna Neighborhoods

 

Just Listed - Best Price to get in Smyrna’s Top Swim/Tennis Community

March 7th, 2007

  JUST LISTED

4204 Terrace Court 

4204 Terrace Court, Smyrna

Wonderful 4BR/2.5BA Austin Lake Home

Top 10 Reasons to Buy this Home

1.      Best Price for Smyrna’s top swim/tennis community

2.      Hardwood Floors throughout Main and Upstairs

3.      Great Open Floor Plan

4.      Fabulous wainscoting in Foyer and Dining Room

5.      Upgraded tile in Foyer and all Bathrooms

6.      Gorgeous Family Room with fireplace, vaulted two-story ceiling and recessed lighting

7.      Large Master Bedroom with Trey Ceiling

8.      Spacious Kitchen with tons of cabinetry, Pantry and hardwood floors

9.      Screen Porch with natural lighting overlooking private backyard

10.    Community Amenities including Pool, Tennis Courts, Lake and Playset

Bonus Feature: One Year Home Warranty Included!!!

This wonderful home is located in Austin Lake community off of N Cooper Lake Road, just south of Concord Road and just west of South Cobb Drive and offers easy access to the Silver Comet Trail, I-285, Downtown, Midtown and the Perimeter.

24 Hour Property Info Hotline: 1-800-495-5127 ext. 1144

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group can work with you to sell your home quickly and get you the best deal possible in the metro Atlanta area. Click here for all Austin Lake homes for sale. All tools and resources can be accessed at www.H2realty.com.

 

 

Wonderful 5BR/2.5BA Home in Popular Swim/Tennis Community

February 21st, 2007
 JUST LISTED
front1.JPG

32 Dunaire Court, Mableton

Wonderful 5BR/2.5BA John Wieland Home

Top 10 Reasons to Buy this Home

1.      Huge Home on Cul-de-sac Lot with Side Entry Garage

2.       Professionally Landscaped with Fenced Backyard

3.      Deck with Hot Tub ready for Summer Parties

4.      Gorgeous Family Room with Fireplace, Separate Living Room and Separate Dining Room

5.      Spacious Kitchen with Corian Countertops, Pantry and Hardwood Floors

6.      Sun Room filled with Natural Light from Walls of Windows and Skylights

7.      Large Master Bedroom with Trey Ceiling

8.      New Roof and Siding Installed in 2005

9.      Front and Rear Entry Stairs

10. Community Amenities including new Saltwater Pool, Lighted Tennis Courts and Playset

Bonus Feature: One Year Home Warranty Included!!!

This wonderful home is located in Glenleigh community off of Nickajack Road, just south of the East West Connector and offers easy access to the Silver Comet Trail, I-285, Downtown, Midtown and the Perimeter.

24 Hour Property Info Hotline: 1-800-495-5127 ext. 1134


The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). The H2 Realty Group can work with you to sell your home quickly and get you the best deal possible in the metro Atlanta area. Click here for all Glenleigh homes for sale. All tools and resources can be accessed at www.H2realty.com.

Smyrna Vinings Home Market Update - February

February 16th, 2007

 

Smyrna Vinings Market Update - February 2007

 

 

Here’s the latest update on 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. Months of inventory indicates the number of months it is estimated to take to sell all active homes currently listed based upon the amount of homes sold in the past year in their respective zip codes and price points. More than 6 months of inventory typically points to it being a buyer’s market.            

As noted last month, some areas are still heavily weighted due to so much new construction that has entered the market at a price point that was not common in the Smyrna Vinings home market. New construction in this price point include Vinings Estates, Stonehaven at Vinings, Stonecrest Manor, Ellis Wade, Kensington Green, West Village, Spring Street Village, Rileys Walk, Walker Street Cottages, Collier Place, Concord Lake Village, Parkview Village, Barnes Mill, Collins Lake Estate and Wakefield Estates.            

There is a similar trend in the condo market as we’re seeing the introduction of $500-750,000 condos in the Smyrna Vinings Market. Some of the developments influencing these statistics are Greystone at Vinings, One Ivy Walk and Kensington Green.            

Beyond this, while there are variances within each zip code, the inventory amounts for other price points for the Smyrna Vinings home market actually indicates a fairly healthy housing market. Of interest, we’ve seen a slight uptick in the months of inventory in the single family homes over last month. It has increased from 7.02 last month to 7.20 in February. For single family homes, we’ve had a slight increase in active listings from last months update to 578 active homes from 546, while there continues to be no real change in the active condo listings with 301 active condos on the market versus 304 in January.
  
What to look for? In the coming months, we should see the inventory increase slightly, but you should also expect to see an improvement in months of inventory as we are coming into prime selling season in Atlanta and the market fundamentals for the majority of price points in the Smyrna Vinings home market are fairly healthy.
 

The H2 Realty Group is exclusively partnered with Keller Williams Realty, the fourth largest and fastest growing real estate company in North America (according to the August 2005 issue of REALTOR Magazine). 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.

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