Couple Rowing Kayak On Lake
It’s almost Spring and, for many people, thoughts turn to buying a new home. Whether you are wanting to move up from your current house or this is a first time purchase for you, it stands to reason that you want to get the most for your hard earned money. And you want a place where you can enjoy the outdoors.
A current article in RISMedia.com discusses what is happening in real estate market right now and if you might want to dive right into this market.
Should You Dive Right In?
With the way things are forecast to go in the housing market in 2021, buyers might be feeling a little overwhelmed. Home sales are predicted to increase by 21.9% with home values expected to rise 10.5% by December 2021, according to a recent Zillow report.
However, while some buyers may think it wise to wait for the market to cool, Zillow’s data shows they may benefit more from simply diving in—of course, if they are financially prepared to do so—as the possibility of rising mortgage rates could bring affordability challenges in the future. Additionally, if the persistent inventory shortage keeps up, this will continue pushing home prices even higher.
Make The Most of Historically Low Mortgage Rates
An example, Zillow reports that today’s average mortgage rate is 2.68% for a 30-year fixed loan. With a 20% down payment, that means it would cost a typical U.S. buyer about $861 per month, plus taxes and insurance, to purchase a home. However, if home values rise 8% and interest rates climb to 3%, that same house would cost buyers $969 per month. And with a 12% spike in home values, the scenario would be monthly payments of $1,005.
Incredible Year-Round Amenities
The Canoe Club is a great place to live. 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.
Other amenities include a 5,500 square foot Nantucket-inspired Lake Cottage Clubhouse overlooking the lake. And you will enjoy the large gathering room, sunroom, a catering kitchen, and a coffee bar.
Choose Your Plan Now for Summer Move-in Dates
The Lakeshore
Now is the time to choose a home plan and set your sights on The Canoe Club for summer move-in dates. There is no doubt that current homeowners are loving their new homes and community. Is it your time to make the move to an incredible lifestyle?
The Canoe Club in Fayetteville is located approximately 22 minutes from downtown Atlanta, making it an easy trip to enjoy all that downtown Atlanta has to offer. If you travel frequently or work within the airport industry, Fayetteville is only 13 miles from Atlanta-Hartsfield International Airport.
Click here for all available and move-in ready homes.
The Canoe Club is proud to be partnered with New Leaf Homes and Jeff Lindsey Communities.
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.
