North Atlanta Real Estate Voice

Archive for the 'Cherokee County' Category

4 Bedroom Home For Sale with Wrap Around Porch at 406 Cherokee Springs Road in Woodstock, GA 30188

For more information or to schedule a tour of the home, please contact Barry Wolfert at 770-656-7551 or email me.

406 Cherokee Springs Drive, Woodstock, GA 30188

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This is a lovely traditional styled home with 4 bedrooms and 2.5 bathrooms and a basement. Featuring a wrap around rocking chair porch and 1 acre lot, this home offers hardwood floors, two fireplaces and new cabinets in the kitchen. This home is located in Woodstock and located off Earney Road which is off of Hickory Flat Highway.

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Cherokee County, GA – Housing Market Review

The most common questions I am asked are: Is the market getting any better and is activity picking up?

The problem in providing an answer is that is really depends on the day you ask.  Over the last 12 months, there really hasn’t been any consistent trend in the market.  Some weeks see lots of activity and interest while others have no activity.  It has been this lack of consistency that has made this such a difficult market. However, things are starting to change and trends are developing.

Positive News

Interest rates continue to be low (in the high 4%/low 5% range) and the $8000 federal tax credit for first time buyers and $1800 Georgia state tax credit for all buyers are good until the end of November.  In fact, houses are probably the most affordable they’ve ever been.  And, if you’re a home buyer, it’s still a buyer’s market.

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Cherokee County, Georgia Housing Market Review

The most common questions I am asked are: Is the market getting any better and is activity picking up?  The problem in providing an answer is that is really depends on the day you ask.  Over the last 6 – 9 months, there really has been any consistent trend in the market.  Some weeks see lots of activity and interest while others have no activity.  It has been this lack of consistency that has made this such a difficult market.

On the positive side, we have low interest rates, an $8000 federal tax credit for first time buyers, an $1800 Georgia state tax credit for all buyers and a buyer’s market.  On the negative side, high unemployment, low consumer confidence and a credit crunch have kept buyers from jumping back into the market.

To get a clear picture of the Cherokee market, I have broken down the sales trends for 2006 through April 2009.  The chart below for Cherokee County includes the cities of Woodstock,  Canton, Ball Ground, Holly Springs and Waleska.

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