Smyrna Business Luncheon October 2, 2014

October 2, 2014
11:30 amto1:00 pm

smyrna-community-center

Mark your calendars for Smyrna Business Association’s October luncheon, which will be held at the Smyrna Community Center, 200 Village Green Circle, Smyna, GA 30080 (directions). The luncheon is from 11:30 to 1:00pm on Thursday, September 4th.

Candidates seeking elected office in the Smyrna area are invited to speak and answer questions. Lunch is $12 for members and $20 for non-members if registered by the Tuesday prior to the lunch.

Come network with local business leaders and enjoy the topical presentation.

[where: 30080]

What’s the Latest with Smyrna Vinings Condos?

In August, the Smyrna Vinings townhome and condo market sales slipped just a touch. Much like the Smyrna Vinings single family home market, Smyrna Vinings condo and townhome sales continue to be spurred by low interest rates. Sales are now higher than 2007 levels, which is a huge shift and double the sales from just a couple years ago.

Smyrna Vinings Condos Sales August 2014

As you can see, we’ve been tracking the market for quite some time. We sell a lot of Smyrna Vinings homes, condos and townhomes and one of the major reasons is that we specialize in the area, we know the inventory of homes for sale and understand the trends, statistics and all the local pertinent information necessary for you to make an informed decision.

The green bar is 2007 and we were selling a lot of condos and townhomes back then. Sales dropped continuously in 2008, while 2009 stabilized and picked up in the fourth quarter largely due to the first-time home buyer tax credit. 2010 saw the market peak in the late Spring and Summer. Smyrna Vinings condo saw slow and steady improvement in 2012 and took off in 2013. So much so, that we are now at all-time highs. Buyers are finding it harder to resist today’s low interest rates and the attractive prices. It really is the perfect opportunity for a home buyer.

Smyrna Vinings Condos for Sale August 2014

The Active Listings chart depicts Smyrna Vinings condos and townhomes currently for sale. You’ll note that total active listings peaked in 2008, which can be explained based upon sales dropping significantly in 2008, which resulted in Smyrna Vinings townhomes and condos sitting on the market longer. In 2009, we saw the active listings drop significantly and this can be tied to the economic uncertainty, which resulted in a lot less development of new condos and townhomes for sale in the Smyrna Vinings market.

This trend has continued. Inventory has risen slightly over the last couple months, but with sales also increasing, it is needed. One interesting point about this is you have less competition if you want to sell in today’s market. If you’ve thought about selling and just aren’t sure, be sure to contact us or find out how much your home is worth. And if you’re looking to buy, inventory is thin and you’ll be fighting over the best properties with other buyers.

Smyrna Vinings Condos Months Inventory August 2014

One other important statistic that we like to track is how we gauge the health of the Smyrna Vinings townhome and condo market. Months of inventory is a calculation that takes the current amount of homes for sale and divides that by the number of homes that have sold in the last 12 months. What the result means is if no more homes were listed, how many months would it take, based upon the past 12 months activity, to sell all the homes currently for sale. A result of 6 months is considered a healthy market, less than 6 months a seller’s market and more than 6 months, a buyer’s market.

The highest amount of bloat and most severe buyer’s market was in January of 2009 with significant improvement coming at the end of 2009 and throughout 2010. What you can see in the chart above is that months of inventory dropped significantly over the last couple years, with the beginning of 2014 hitting new lows. With the big jump in sales over the past year, inventory hasn’t been keeping up. In the past couple months, we’ve started to see inventory slowly decreasing, which can also explain the slight dip in sales as there just aren’t many condos and townhomes available for purchase.

That’s your Smyrna Vinings condo and townhome activity recap for August 2014.

Hope that was helpful and don’t hesitate to contact us if we can help you sell your Smyrna Vinings condo or townhome or find your new Smyrna Vinings townhome or condo. And don’t forget that we offer the most extensive Smyrna Vinings condo and townhome search in the area.

[where: 30080]

[where: 30339]

REV Fall Festival 2014

October 4, 2014
10:00 amto8:00 pm

rev fest fall 2014

Rev Coffee is proud and excited to announce REV Fall Festival 2014. REV Fest is a one-day music and arts festival held twice a year that features local artists and musicians. The event will be on Saturday, October 4th from 10am to 8pm, in the front and side parking lots of Rev Coffee.

The motivation behind Rev Fest is a merging of artists, musicians, and businesses in the Smyrna, and the surrounding community. Our hope is to provide a venue for local artists to display and sell their talents and passions while at the same time inviting the community to observe and enjoy in a comfortable and entertaining environment.

They wanted to do something new this year to highlight the work of our service community in Smyrna, so they are hosting a Chili Cook-off with the Smyrna Fire Department.

More cook-off details coming soon!

The festivities begin at 10:00am. A variety of artists will have booths set up for viewing their work. Please see below for a list of all participating artists coming to REVFest.

The music gets going at 12:00 noon and will continue until 8:00pm. All of the performing musicians are also listed below.

Click here for a full line-up of REV Fall Festival 2014 artists and musicians.

Thank you for your support and hope to see you at Rev Fest!

Parking will be available in the rear of the building. The main entrance will be blocked for all Rev Fest activities. Please enter through the Jonquil Road entrance.

REV Coffee is located at 1680-B Spring Road in Smyrna.

[where: 30080]

7th Annual Smyrna Golf Classic

October 6, 2014
7:00 amto3:00 pm

fox-creek-golf-course-smyrna

Time for the  Smyrna Business Association 7th Annual Golf Tournament on Monday, October 6, 2014. They still have limited playing spots remaining. Don’t miss out on this great opportunity to enjoy a round of golf in a relaxed professional and entertaining atmosphere. Registration and breakfast begins at 7:00 and the tee time starts is at 9:30. The tournament will be a four-man scramble format.

The tournament will be held at Fox Creek Golf Club at 1501 Windy Hill Road, Smyrna, GA 30080. Telephone number is (770) 435-1000.

This fun tournament benefits the Smyrna Business Association Scholarship Fund which awards deserving local High School Seniors.

The day’s events include:

  • Registration and Breakfast 7:00 AM – 8:30 AM
  • Chipping Contest 7:00 AM – 8:30 AM
  • $10,000 Putting Contest Qualifying: 7:00 AM – 8:30 AM
  • $10,000 Putting Contest Final 8:40 AM
  • Shotgun Start 9:00 AM
  • 19th Hole Party/Awards 2:00 PM -3:00 PM
  • Tournament Ends 3:00 PM

Support our golf tournament…Your business matters!

Registration fee for Players under 65 is $100.00. Senior players fee is $75.00.

Click here to register online for the Smyrna Business Association 7th Annual Golf Tournament.

The Smyrna Business Association was founded in 1983 to promote goodwill, unity and harmony among all businesses. We are an all volunteer organization that is funded in full by local individuals and businesses. Please help us support our projects that benefit the Smyrna community.

[where: 30080]

Bark in the Park September 27th

September 27, 2014
11:00 amto2:00 pm

dog in park

Gather your human and/or canine family for a day in the park for food and fun. Bring your own lunch or indulge in delicious Food Truck fare. Enter your precious pooch in one or more fun contests. Or just relax and watch the show!

Bark in the Park will include the “Smyrna Reads” closing event, fabulous food trucks and lots of pet contests. The event will be held at Tolleson Park, 3590 King Springs Road, Smyrna GA 30080 on Saturday, September 27, 2014 from 11:00 a.m. – 2:00 p.m.

Fun for all ages and free of charge.

FOOD TRUCKS:
Buen Provecho – Puerto Rican cuisine
King of Pops – human and doggie desserts
Mix’D Up – burgers and more
FLAVOURS Curbside Cafe – Latin, Asian, American

PET CONTEST CATEGORIES:
Toss & Catch
Best Trick (adult leading dog)
Best Trick (child leading dog)
Best Costume
Cutest Puppy
Loudest Bark
Best Human Bark
Smallest Dog
Largest Dog

Prizes will be awarded for each category. Register for contest categories on site.
“Smyrna Reads” sponsored by Smyrna Public Library and Advanced Disposal.

“Dog” picture courtesy of m_bartosch and FreeDigitalPhotos.net.