Archive for the ‘News’ Category

Just in time for SUMMER since tomorrow is the first day of summer!  The Canoe Club officially opened a four-lane community pool at the beginning of June. The pool joins a 5,500-square-foot designer decorated clubhouse with multiple gathering rooms and a fully-equipped fitness center, all overlooking 52 acres of shimmering lakes.  Canoe Club is located just 15 miles south of Atlanta’s city limits in Fayetteville.  The Canoe Club features two pristine lakes perfect for canoeing, fishing and kayaking. Peachtree Residential Properties offers spacious home designs at The Canoe Club with rich architectural detail and countless opportunities for “Peachtree Tailoring” your home to your personal style!  52 acres of water + 58 acres of greenspace + 12 acres of activity = Endless possibilities! To learn about more of the fabulous amenities visit the Canoe Club website or the Peachtree Residential website. 

Sales Manager, Elaine White just SOLD the model home at Canoe Club and has two homes underway that will be ready this summer!  Call Elaine for more information on these single family new homes from $349,900.  Peachtree Residential is also offering $5,000 in Designer Options at Peachtree Design Center on pre-sales this month! See Elaine White for details. Contact Elaine at 770-616-4483 or Canoeclub@peachtreeresidential.com

In scenic Forsyth County, just minutes from GA 400, this master planned community will take your breath away. Peachtree Residential offers elegant new homes in Lake Forest! The new homes in the city of Cumming are nestled among majestic trees and only two remain!! They are currently under construction and will be complete in August!  The community has spectacular views of Sawnee Mountain and sparkling lake waters. The community offers a clubhouse, resort pool, tennis courts, miles of walking trails, sidewalks for outstanding recreation and is truley a landscape for living. One new home in Lake Forest recently sold and the two new construction homes underway offer superior quality construction with builder and structural warranties as well as numerous energy star saving features. All built by Peachtree Residential who has a stellar builder reputation for 24 years!

Take GA 400 North to Hwy. 369. Turn left on Hwy. 369 for 2.5 miles. Turn left on to Hendrix Rd. Lake Forest is 1.2 miles on the left. Contact Sandy Wasovich or Debbie Ustrud for information or an appointment. 770-855-0130 or 678-725-9206

Home prices signal a strong selling season  according to PRNewswire.  For the second month in a row, home prices have risen higher than a year ago. Median prices in March were an impressive 5.8 percent higher than March 2011 in the 53 metro areas surveyed for the RE/MAX National Housing Report. For the last 9 months, sales have reached a level higher than the same month in the previous year. Following these trends, the spring and summer months should experience increased activity. With falling inventory and many markets witnessing multiple offers with bidding competitions, prices are likely to continue to rise in many areas.”There is very little inventory, which is driving a lot of activity,” said Richard Smith, president and CEO of Realogy Corp., a global provider of real estate and relocation services. High-end markets are seeing increased activity as well. Even far from the major city centers, real estate watchers have seen luxury markets heat up according to U.S. News & World Report.

Peachtree Residential recently sold several inventory homes and are building more!  All inventory homes have been sold in several neighborhoods including Sterling on the Lake, but pre-sale opportunities remain on stunning homesites.  Tillman Hall is selling quickly in Peachtree Corners, so stop by before it’s too late to build your dream home!  Visit the Peachtree Residential website to view the current new home communities and see available the homes in great North Atlanta locations. 

Happy May 1st!  New Homes are Less Expensive to Maintain!  Newly constructed homes have savings that come from reduced energy and maintenance expenses.  Judie Woodall, from Strategic Real Estate Solutions offered insight on how new homes save you money. 

Data from the 2009 American Housing Survey (AHS) offer proof. The AHS classifies new construction as homes no more than four years old.  For example, for routine maintenance expenses, 26% of all homeowners spent $100 or more a month on various upkeep costs. However, only 11%  of owners of newly constructed homes spent this amount. In fact, 73% of new homeowners spent less than $25 a month on routine maintenance costs.  Similar findings are available for energy expenses. On a median per square foot basis, homeowners spent 78 cents per square foot per year on electricity. Owners of new homes spent 65 cents per square foot per year.  For homes with piped gas, homeowners spent on average 53 cents per square foot per year. Owners of new homes spent 38 cents per square foot per year.  These data highlight that a new home offers savings over the life of ownership due to reduced operating costs.

Peachtree Residential builds new homes in several top Atlanta locations.  Visit the Peachtree Residential website to view our neighborhoods and inventory homes.  Homes available ready for move- in or build your dream home.  Building new homes in several locations! 

Peachtree Residential  has been building ENERGY STAR homes in their communities since January 2011 permited homes. Buying a new home is one of the biggest purchases you’ll ever make and by choosing one that has earned the government’s trusted ENERGY STAR label, you can have the house of your dreams and enjoy peace of mind knowing it’s been built to meet strict energy efficiency guidelines set by the U.S. Environmental Protection Agency (EPA).

 According to recent reports The “green market” is expected to increase fivefold by 2016.  Green remodeling will see the most growth, according to the new study.  Jennifer Goodman shared this information from Builder newsletter:
Green homes, which comprised 17% of the overall residential construction market in 2011, are expected to grow to between 29% and 38% of the market by 2016, according to a new study released last week at the International Builders’ Show. This equates to a fivefold increase, from $17 billion in 2011 to between $87 and $114 billion in 2016, based on the five-year forecast for overall residential construction. In addition, the reported costs of building a green home have gone down significantly. Builders report that the extra expense of constructing a high-performance home is now 7%, as compared with 10% in 2008 and 11% in 2006.

By purchasing a ENERGY STAR approved home from Peachtree Residential, you know you’re making the right decision for your wallet, for your family  and for the environment.  The new ENERGY STAR home lowers utility bills by using less energy for heating, cooling and water heating. You will also notice enhanced performance and comfort.  It ensures consistent temperatures between and across rooms as well as enhancing the indoor air quality.  

Visit the Peachtree Residential website for more information on our communities and contact the sales manager to learn about our ENERGY STAR homes. 

Looking to SAVE money this winter?  New homes that are built to Energy Star specifications can help save you money!  Try these energy saving tips as well… 

• Set your thermostat to 68 degrees or lower.
• Install a programmable thermostat and use it wisely to save on heating costs.  
• Check your HVAC air filters monthly and change as needed.
• Use space heaters with caution.  They can cost approximately $0.15 per hour to operate on a high setting. 
• Reverse the direction on your ceiling fans in the winter (clockwise position) to redirect the warm air from the ceiling level back into the room
• Unplug unnecessary items when not being used.  Especially electrical devices that continue to drain electricity even when off. 

More energy saving tips can be found here from Sawnee EMC, but buying a new home is smarter and takes away hidden costs of a foreclosure or short sale.  Buy a new Peachtree Residential home with confidence and peace of mind!  Peachtree Residential stands behind 23 years of building experience and a great reputation building a high quality “greener” built home that is designed for today’s lifestyle.  Peachtree’s new homes have updated features, fresh designs and the ability to personalize YOUR home to meet your family’s needs at our Peachtree Design Center.  View the Peachtree Residential website for more information. 

Sales and traffic has increased at Peachtree Residential in 2012!  We have had several recent sales in many of Peachtree Residential neighborhoods. Not only are things picking up here at Peachtree, but the NAHB reports improving housing markets nearly doubled in January.  Shrinking new home inventory means the time to buy is now before prices go up and while the interest rates are low.  The Atlanta market is showing signs of improvement with mortgage applications on the rise and foreclosures down. 

Also the city of Milton, where Peachtree Residential has a beautiful neighborhood, The Hampshire’s, is off to an exciting year for 2012 as well.  They are building a new high school-Cambridge which will open in 2012, planning and completing the beautification of GA 9 this year and construction on new improvements for Crabapple crossroads intersection was all announced in the Milton Herald this past week.  So stop by a Peachtree Residential neighborhood to take advantage of our current inventory homes or January incentives on pre-sales.  Visit www.peachtreeresidential.com for more information on the new homes!

Great news for residences in Johns Creek!  Johns Creek was founded on Dec. 1, 2006 and was recently ranked second in Georgia in a quality of life study by The Business Journals.  It is ranked 2nd in Georgia only topped by it’s fellow neighbor in the city of Milton.  The mayor Mike Bodker said “ We have so many positives-great housing, great schools, and great recreational opportunities.  All combined, this makes for the outstanding quality of life we are rapidly becoming known for.  The placement of each cities in North Fulton high in the southeast rankings confirms, not only is Johns Creek  a great place to live, but the region as a whole is a true destination for families and businesses looking for the best of everything.”  More details can be found in The John’s Creek newspaper. 
John’s Creek also has been included in the “America’s Top 25 Places to Live to Go to School” list by national consumer directory Relocate America.  Peachtree Residential builds new homes in the city of John’s Creek as well.  One neighborhood in particular is Tavistock, an exclusive, gated community with a prime North Fulton location. Tavistock is a private enclave of only 35 spacious, over sized wooded homesites.  It offers stately floorplans with design flexibility and features including rich architectural detail, side-entry garages, beautiful front porches and exteriors with all sides brick. Residents will also enjoy superb North Fulton County schools including Northview High School.  Contact Dan Rogers for more information to view our inventory homes that are ready for families to move-in or build your dream home.  678-417-1702 or Tavistock@peachtreeres.com

Milton has best quality of life in state, 9th in South.  The City of Milton has the highest quality of life in the state and the ninth-best in the southern United States, according to a recent “On Numbers” study. “This study affirms the belief many of us have had here in Milton since we incorporated, namely that we have the best quality of life in the state,” said Mayor Joe Lockwood. “Now it’s substantiated with some pretty powerful numbers, and is not just community pride.”

What makes Milton a great city you may ask yourself?  Some contributing factors include:  The inward migration from other states, high percentage of stability and people that live in the same home for more then a year.  Also a high percentage of workers who work from home or  can walk to work or travel from home to work in 29 minutes or less.  The median household income is high and poverty rate for families is low.  The housing vacancy rate is low and homeownership is very high.  These are just a few of the reasons and more information can be found here. 

Peachtree Residential also builds new estate homes in Milton. The new homes in The Hampshires are priced from the mid $500’s on acre plus homesites with wooded yards.  The community is established in Fulton County and continues to grow on a regular basis.  Peachtree Residential is building a new decorated model home in The Hampshires, so the current one is for sale.  The model home is for sale at a GREAT value price of $559,900 and is the popular Peachtree Residential Vanderbilt floor plan with a three car garage and has plenty of acreage! The dramatic two story family room views into the private wooded back yard. The guest bedroom, full bath and mud room are on the first floor.
The new home has an open flowing floor plan with a kitchen that boasts glazed cabinetry, a designer island, 5 burner cook top and double oven!  The owner’s suite is upstairs with cathedral trey ceiling and spa bath with a jetted tub. There are three secondary bedrooms upstairs as well as the laundry room. Call Debbie to view this model home, inventory homes or build your dream home on one of our other gorgeous wooded homesites.  678-566-3179 or email hampshires@peachtreeres.com

 On Friday, November 11th, 2011, the chief economist of the nation’s largest real estate group said Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year’s record lows.

“Tight mortgage credit conditions have been holding back homebuyers all year, and consumer confidence has been shaky recently,” Lawrence Yun, chief economist of the National Association of Realtors, said. “Nonetheless, there is a sizeable pent-up demand based on population growth, employment levels and a doubling-up phenomenon that can’t continue indefinitely.” Mortgage interest rates, he predicted, would gradually rise from record 2011 lows to 4.5% by the middle of 2012.  With falling inventory, the median home price should rise in 2012, he said. “Home prices have yet to show a definitive stabilization pattern in most areas. Still, given an over-correction in prices, there likely will be moderate appreciation in 2012,” Yun said.
So stop in and visit one of Peachtree Residential’s beautiful communities to take advantage of current inventory homes that are priced to sell for closings this year and with unbelievable incentives.  Several homes are under construction as well and there is the opportunity to join several others who are building their dream home with Peachtree Residential and taking advantage of our re-set pre-sale prices for today’s market!

Currently Peachtree Residential is building new homes in Alpharetta, Cumming, East Cobb, Fayetteville, Flowery Branch, Hoschton, Johns Creek, Milton, Norcross-Peachtree Corners, and Roswell. The new homes are priced from the $200’s to a Million.  Several communities are gated, some on lakes, or in Master Planned Communities and several with amenities or located within walking distance to parks.  To learn more about Peachtree Residential and start your quality new home search visit www.PeachtreeResidential.com 770-622-2522