Smyrna Home Sales off to Quick Start in 2015

Smyrna Vinings homebuyers aren’t wasting any time and seem determined to set new sales records for Smyrna Vinings home sales in 2015. If you’re looking for a Smyrna Vinings home, your fellow house hunters aren’t waiting and you shouldn’t either. Rates are phenomenal and inventory moves quickly. Smyrna Vinings home sales have been strong in January and February. The Smyrna Vinings real estate market has been on quite a resurgence for the past couple years. With US home loan rates remaining low, we expect demand to remain strong and we expect to see a lot of move-up homebuyers taking advantage of the opportunities that 2015 has to offer.

Smyrna Vinings Home Sales February 2015

This chart shows you the past 12 months of home sales at any given point. As you’ll notice, the green bar is 2007 and we were selling a fair amount more homes in 2007. Sales dropped significantly in 2008, with the drop becoming more pronounced toward the last quarter of 2008. That would be the beginning of the financial meltdown. 2009 home sales started off about 32% off the level just two years previously in January 2007. We saw Smyrna Vinings home sales continue to drop in 2009, but then leveling off in late summer and actually seeing sales pick up toward the end of the year. Typically, you expect sales to be higher in the late Spring and early Summer, but that hasn’t been the case in 2007-2010.

2015 Smyrna Vinings home sales have increased and are tracking with historic highs from way back in 2007. Nationally, everyone is now painting a very rosy picture for real estate markets. Something that we’ve experienced in the Smyrna Vinings area for a couple years now.

Smyrna Vinings Homes for Sale February 2015

The Active Listings chart depicts Smyrna Vinings homes currently for sale. As a general rule, we’ve seen inventory increase in the April to June range and then see the amount of Smyrna Vinings homes for sale reduce towards the end of the year. While sales and months of inventory numbers vary drastically from previous years, the one thing you can count on is that inventory decreases in the last quarter of the year, as indicated above. The big difference of course is that the overall number of homes on the market is just much less than in years past due to homes selling so quickly.

We’ve seen a slight decrease in the number of homes for sale in February 2015, which makes it that much harder for buyers to find their new home. Sellers are starting to understand that now is a great time to sell and take advantage of the current market. We’ve received a significant uptick in the number of homeowners that have contacted us in just the past couple weeks about listing their homes.

As sales are improving, we’re also seeing prices increasing as well. We’re going to continue to see more equity sellers in the market and fewer distressed properties as we move forward over the next couple years. This will result in continued low inventory levels as the number of equity sellers that can afford to sell will be outnumbered by buyers eager to take advantage of prices that are still very reasonable and interest rates that are phenomenal. 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. Less competition is a good thing if you’re ready to sell.

Smyrna Vinings Homes Months Inventory February 2015

One other important statistic that we like to track is the overall health of the Smyrna Vinings home 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. What we can see from the chart above is that we have lower inventory levels right now than at any point in the past five years. Compare that with the highest amount of bloat and most severe buyer’s market in July of 2009 with significant improvement starting in mid-2010 and continuing through today.

In February, inventory levels decreased slightly. As prices increase this year, expect to see a big pickup in new construction and an increase in resale activity as more home owners can afford to sell. We are in a seller’s market based on current inventory levels of less than 3 months of inventory versus a balanced market of 6 months of inventory. What this means as you will continue to see prices slowly rise from here as demand outpaces supply.

That is your Smyrna Vinings homes sales activity recap for February 2015. Hope that was helpful and don’t hesitate to contact us if we can help you sell your Smyrna Vinings home or find your new Smyrna Vinings home.

Click here if you’d like to know what your Smyrna Vinings homes is worth.

Click here to start your Smyrna Vinings home search.

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Vinings Business Lunch April 7th

April 7, 2015
11:30 amto1:00 pm

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Vinings Business Association Luncheon

You are invited to the Vinings Business Association (VBA) Monthly Luncheon on Tuesday, April 7th from 11:30am – 1:00pm at Social Vinings!

Speaker Holly Bass with Cobb Travel & Tourism, will talk about exciting news regarding Cobb County’s tourism industry. Cobb County is Atlanta’s sweet spot: Charming. Delightful. And alive with personality. Whether you’re on vacation or here for business, you’ll discover a place where hospitality comes naturally, travel comes easy and the pleasure is all yours. You’ve come to the right spot to plan your trip. Use our visitors’ toolkit to explore Cobb’s sweetest attractions – from entertainment, to history, to outdoor adventure.

Cobb County is the destination more and more visitors are choosing for a fulfilling experience. Culturally vibrant, refreshingly diverse, easily accessible, and effortlessly hospitable, it’s everything you love about being close to a world-class city, with the warmth and history of your favorite neighborhood.

Atlanta’s sweet spot is alive with energy and innovation. And it’s where you’re poised to make the most of your leisure time or event.

Discover Cobb. And find a sweet spot for a truly successful trip.

Vinings Business Association Luncheon is held monthly on the first Tuesday of each month. Lunch is $15.00 for Members and $20.00 for Non-Members. Lunch Program is from 11:30 am – 1:00 pm. Guests are always welcome.

Buffet lunch will be held at Social Vinings Restaurant at 3621 Vinings Slope Drive, Atlanta, GA 30339 (next to QuikTrip gas station). If attending lunch, you must register at least 24 hours in advance to guarantee your lunch. You can now pay online and avoid the line!

You must register online at least 24 hours in advance even if you are paying at the door. This will guarantee you a seat and lunch.

[where: 30339]

Smyrna Vinings Featured Home in Retreat at Old Vinings Lake

Smyrna Vinings Featured Home

Gorgeous home in The Retreat at Old Vinings Lake.

This wonderful 4BR/3BA home is located in The Retreat at Old Vinings Lake. Built by Traton Homes in 2001 to 2004. The Retreat at Old Vinings Lake is an active swim/tennis community and features 304 homes.

Amenities include neighborhood playground, clubhouse, swimming pool, tennis courts, walking trails and a lake.

Fabulous executive home in excellent condition.

You’ll love the hardwood floors, custom details and fresh paint. Bedroom on main, huge Master Bedroom suite, large bedrooms, beautiful Dining Room and Living Room.

Huge two-story Great Room with custom built-ins and wall of windows.

Wonderful open Kitchen with view to Great Room.

Large deck overlooking huge flat, fenced backyard. Always hard to find flat yards with basement homes.

Full daylight basement ready to build that man cave. Oversized patio.

The best buy in this amenity-packed neighborhood!

Contact us today to schedule your exclusive priority showing.

To learn more about this Smyrna Vinings condo, click on the Virtual Tour above, check out the property flyer or contact us directly.

This 4BR/3BA home is located at 5363 Vinings Lake View, Mableton, GA 30126 and is offered at $300,000 and is a must-see. FMLS #5510389.

Exclusively marketed by:

Aaron Hofmann & Greg Godding
Atlanta Communities

404-910-3616

770-240-2001

aaron@SmyrnaVinings.com

SmyrnaVinings.com

[where: 30126]

Easter Brunch at South City Kitchen

April 5, 2015
10:00 amto7:00 pm

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South City Kitchen Vinings will host a special Easter brunch on April 5, 2015. Easter brunch at South City Kitchen is a time-honored tradition! The 3-course prix fixe menu is $32 per person and $16 for children under 12, and the price does not include tax or gratuity.

South City Kitchen Vinings will open at 10:00am and will close at 7:00pm. Please note that the Easter Brunch menu will be the only menu option on this day.

Choice of Appetizer

  • HOUSEMADE PECAN GRANOLA seasonal fruit and yogurt
  • FRIED GREEN TOMATOES goat cheese, pepper coulis, basil
  • PAN-FRIED CHICKEN LIVERS country ham, caramelized onions, toasted brioche, creamed corn, garlic jus
  • PIMENTO CHEESE celery, housemade pickles, benne seed corn crackers
  • BBQ PORK scallion hoe cake, horseradish slaw, housemade BBQ sauce
  • SHE-CRAB SOUP fresh cream, sherry
  • CAESAR SALAD garlic-grit croutons, okra, Grana Padano
  • STRAWBERRY SALAD arugula, pickled onion, pistachio, Vella Jack cheese, cane syrup vinaigrette

Choice of Entree

  • BUTTERMILK FRIED CHICKEN garlic collard greens, red bliss potatoes, honey-thyme jus
  • SHRIMP & RED MULE GRITS poblanos, tasso ham, smoked tomato gravy
  • GEORGIA MOUNTAIN TROUT butternut squash, Brussels sprouts, preserved lemon, hazelnut brown butter
  • JUMBO LUMP CRAB CAKE HASH artichoke-tasso hash, over-easy egg, hollandaise, tomato relish
  • GRILLED PORK CHOP red beans and Carolina Gold rice, Creole mustard glaze
  • FARMSTEAD VEGETABLES spaghetti squash, Brussels sprouts, cauliflower, Red Mule grits
  • APPLE BUTTER-MASCARPONE FRENCH TOAST Vermont maple syrup, bacon, skillet potatoes
  • PAN-SEARED SALMON spaghetti squash, Tuscan kale, preserved tomato vinaigrette
  • BRISKET BENEDICT Creole mustard hollandaise, pickled jalapenos, Red Mule grits
  • BBQ PORK BENEDICT coleslaw, BBQ hollandaise, Red Mule grits
  • BENTON’S BENEDICT Benton’s ham, American cheese, chive hollandaise, Red Mule grits

Choice of Dessert

  • FLOURLESS CHOCOLATE CAKE chantilly cream, caramelized krispies
  • ORANGE CHESS PIE macerated clementine, berry coulis
  • PEACH COBBLER vanilla bean ice cream

For reservations, call 770.435.0700

South City Kitchen Vinings is owned and operated by Fifth Group Restaurants—owners of South City Kitchen Midtown, La Tavola, Ecco, The Original El Taco, Alma Cocina, Lure and Bold American Events. South City Kitchen Vinings is located at 1675 Cumberland Parkway, SE, Atlanta, GA 30080 in One Ivy Walk.

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Smyrna Document Shredding Event March 28th

March 28, 2015
9:00 amto12:00 pm

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Smyrna Document Shredding Day

Keep Smyrna Beautiful is holding its Spring Document Shredding Day on Saturday, March 28th from 9 a.m. – 12 p.m. at the Aline Wolfe Recreation Center. This is your opportunity to have household papers securely shredded on site, at no cost to you.

Each vehicle is limited to 200 pounds of paper ( roughly eight 12x12x18 file boxes). Staples and paper clips are OK.

Please be aware that the following items may not be accepted: plastics, electronics, binders, metal rings/clips, cardboard, shoes with metal spikes. You may also bring used shoes to be donated to MUST or to be recycled.

Iron Mountain will have trucks on site to shred your stuff as you watch.

The event will be held at:

Aline Wolfe Adult Recreation Center

884 Church Street

Smyrna, Georgia 30080

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