Vinings Business After Hours September 16th

September 16, 2014
5:30 pmto7:00 pm

vinings-business-association

The Vinings Business Association will be holding their September After Hours business networking event at Courtyard Hotel in Vinings.

The August After Hours Event will be on Tuesday, September 16th from 5:30-7:00pm. Enjoy Southern hospitality and charm during your stay at the Courtyard Atlanta Vinings hotel. Courtyard Atlanta Vinings is located at 2857 Paces Ferry Rd, Atlanta, GA 30339 in Vinings.

The event is for Vinings Business Association members and guests.

Click here if you are interested in becoming a Vinings Business Association member.

Members enjoy the opportunity to meet monthly on the first Tuesday of every month for lunch from 11:30 to 1:30 and a monthly After Hours social on the third Tuesday of every month.

Enjoy an evening of networking with industry professionals in a comfortable, upscale and entertaining atmosphere. Food and Limited After Hour Beverages Included.

No Cost for Members or Guests

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Smyrna Vinings Home Sales Keep on Truckin’

Smyrna Vinings home sales continued their strong run in August. 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 2014 will continue to offer. We’re certainly off to a good start.

Smyrna Vinings Home Sales August 2014

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.

2014 Smyrna Vinings home sales dropped slightly in August as buyers continue to  jump on the opportunities. A lot of what that tells us is that supply is modulating actual sales as the demand is certainly there. While nationally there has been some concern about a housing slowdown, we’re definitely not seeing it in the Smyrna Vinings real estate market.

Smyrna Vinings Homes for Sale August 2014

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 increase in the number of homes for sale in each month in 2014 until July and August, when we saw a small decrease. Sellers are starting to understand that now is a great time to sell and take advantage of the current market.

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 depressed 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 August 2014

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 August, inventory levels decreased slightly from the end of 2013, but are tracking very closely with last year. As prices have increased this year, we have seen a big pickup in new construction and an increase in resale activity as more home owners can afford to sell. Technically, we continue to work in a seller’s market based on current inventory levels. 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 August 2014. 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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2014 Cobb Restaurant Week

September 13, 2014toSeptember 20, 2014

2014 cobb restaurant week

Cobb County Convention & Visitors Bureau can’t wait for you to enjoy the Sixth Annual Cobb Restaurant Week.

Visit local restaurants in celebrating their culinary talents, tasteful cuisine and vibrant atmospheres during Cobb County’s Sixth Annual Restaurant Week. Diners are encouraged to explore new offerings from your favorite restaurants or try dishes in venues you have yet had the pleasure to experience.

This event showcases Cobb restaurants with special dining promotions of three-course dinners from September 13 – 20, 2014 for $15, 25 or $35 per person, plus tip, plus tax*.

Many of Cobb’s finest dining establishments were selected to take part in this fabulous food event. There are no passes to buy, coupons to carry or cards to punch. You simply attend the restaurant of your choice during Cobb Restaurant Week and select from a special three-course dinner menu, for $15, $25 and $35 per person, plus tip, plus tax*.

Reservations are accepted and encouraged.

Reservations are made by calling the individual restaurants or booking online. Due to the overwhelming number of reservations during this week,please promptly notify the restaurant if you are unable to keep your reservation. Please do not make duplicate reservations at multiple restaurants. This doesn’t allow restaurants to accurately plan for staffing or food usage.

Cobb Restaurant Week provides a great opportunity to support the local dining community by exploring the newest restaurants and hitting up old favorites.

Many great Smyrna Vinings restaurants are participating in the Cobb Restaurant Week including:

  • Big Chow Grill
  • Cinco
  • grub BURGER BAR
  • Jocks & Jills
  • Longhorn Steakhouse
  • Maggiano’s
  • Old Vinings Inn
  • Rays on the River
  • Social Vinings
  • SOHO
  • South City Kitchen Vinings
  • Stoney River
  • Ted’s Montana Grill
  • Uncle Maddio’s Pizza Joint

Visit the Cobb County Convention & Visitors Bureau’s website for menus and updates on new restaurants being added.

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Crepe Revolution

Atlanta Braves Stadium Groundbreaking Ceremony

September 16, 2014
11:00 amto12:00 pm

braves stadium

 

The Atlanta Braves will be holding  a groundbreaking ceremony for the new stadium on Tuesday, September 16th at 11 a.m.

The new stadium will be located at the intersection of Interstates 285 and 75 in Cumberland district of Cobb County.

The stadium is expected to cost $672 million and will be built in time for Opening Day in 2017 according to organizers.

The Braves stadium will feature 41,500 seats, a three-deck design and an extensive canopy. It will also include a multi-use community featuring shops, restaurants and other year-round attractions.

9th Annual Vinings Golf Classic and Pairings Party

pinetree country club

The Vinings Historic Preservation Society is pleased to announce the 9th Annual Vinings Golf Classic. This year’s tournament will be played Monday, September 8th at Pinetree Country Club in Kennesaw, Georgia. Winding through and around picturesque rolling hills, the course is one of the state’s most exciting and challenging layouts. Pinetree Country Club has hosted the Georgia State Amateur Championship four times.

The SOHO Pairings Party will be held Sunday evening, September 7th, at SOHO, the Zagat award-winning restaurant located in historic Vinings. Serving contemporary food in a lively environment, SOHO is a longtime neighborhood favorite and annual sponsor of the Vinings Golf Classic. Entertainment, food and libations are included with your ticket.  They will also have a live and a silent auction. You or your business can be a part of the auction by donating an item or service.

All of Vinings is invited to this party and you don’t want to miss it!

Click here to register for the 9th Annual Vinings Golf Classic.

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