If you needed another reason for the housing market to be booming, this might be it. Mortgage rates hit another low this week, encouraging homebuyers to purchase their new home.
This article in Housingwire.com shows why homes are going under contract at a record speed.
Incredibly Low Mortgage Rates
“The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8% this week, another record low, Freddie Mac said in a report on Thursday. The rate fell one basis points from the week prior and is now six basis points lower than the original all-time low set in mid-September. The average fixed rate for a 15-year mortgage was 2.33%, falling from last week’s 2.35%.
“Mortgage rates remain very low, providing homeowners who have not already taken advantage of this environment ample opportunity to do so,” said Sam Khater, Freddie Mac’s chief economist. “Mortgage rates today are, on average more than a full percentage point lower than rates over the last five years.”
It may be time for you to choose your new home at The Canoe Club, where several new homes are now under construction. Choose now to pick design features.
Available Home:
Homesite 67 |105 Canoe Ct |$519,000 |4 Bedrooms, 4 full & 1 half Baths – Full unfinished basement. Come home to this gorgeous ranch located on a one-acre lake homesite. The Bradley Plan features three bedrooms on the Main Level with 3 Full Baths. Relax and retreat to the large Owner’s Suite with a large walk-in closet and spa-inspired bath with double vanities and a separate frameless glass shower plus a free-standing tub. There is a bonus bedroom/office upstairs with an additional full bathroom. Entertain family & friends in this large open kitchen with a large island, built-in wall oven, microwave, 36″ gas cooktop with wooden vent hood. Stainless Frigidaire appliances. The kitchen overlooks the family room. Enjoy the breakfast area or entertain in the formal dining room. So much more to see. Click here—Ready in March 2021.
Weather is Nice – Get Outdoors
There is no doubt that you will love where you live every day at The Canoe Club. Enjoy all the amenities, including the 5,500 square foot Nantucket-inspired Lake Cottage Clubhouse overlooking the lake or the spacious clubhouse. And you will enjoy the large gathering room, sunroom, a catering kitchen, and a coffee bar.
If you like to be outdoors, this is your kind of place. Come home to a lakeside wharf dock and canoe storage plus a 24-hour fitness center. You will love being able to get out on the water and enjoy your best outdoor lifestyle while practicing social distancing. You will enjoy coming home to over 600 picturesque acres and two spectacular freshwater lakes, Menawa and Senoya. Take a peek at the community video here.
Click here for all available and move-in ready homes.
The Canoe Club is proud to be partnered with New Leaf Homes, Jeff Lindsey Communities, and Simply Southern Traditional Homes.
From Atlanta: Take I-85 South to Exit 61, Peachtree City/Fairburn. Turn left on GA Highway 74 and travel approximately 2.5 miles. Turn left onto Sandy Creek Road and travel 6.5 miles to GA Highway 54. At GA Highway 54, turn right and go about 3/4 mile. Turn left on Huiet Drive and travel approximately 1/2 mile to the entrance of The Canoe Club. Follow the community signs to the Lake Cottage and Sales Center.
Sales Center Contact Information
Verkina Parrish – 770-846-8004
Kristen Cunningham – 770-843-1390
Sales handled by Berkshire Hathaway HomeService – Georgia Properties-New Homes Division. All information is believed to be accurate but is not warranted. Subject to errors, omissions, and change without notice
