Despite our current economic conditions, many buyers continue to express an interest in real estate in these communities
Woodstock, GA (PRWEB) April 12, 2010
Leading metro Atlanta Realtor Sara Hibbard reports that the demand for homes remains high in the Atlanta suburbs of Woodstock and Canton. Both cities are located in Cherokee County, which has been a high-growth area in the region for the past decade.
“Despite our current economic conditions, many buyers continue to express an interest in real estate in these communities,” said Hibbard. “It’s because they offer a truly desirable mix of features, including a close proximity to downtown Atlanta, growing economies, good schools, many recreation options and a true community feel.”
Both Woodstock and Canton have grown exponentially in the past two decades and the latter, which also serves as the county seat, was named the fastest-growing city in Georgia in 2005. Hibbard specializes in Canton homes for sale and Woodstock, GA real estate, as well as Acworth homes for sale and real estate throughout Cherokee County and the rest of the metro Atlanta area.
“It may be a soft market for real estate in most of Atlanta right now,” she said, “but keep in mind that the long-term growth prospects for this region are very, very positive, so it is actually a great time to buy, which is what many homebuyers and investors are realizing.” Hibbard also cites low prices, low mortgage rates, and the extension and expansion of the Home Buyer’s Tax Credit as some of the main factors behind the continuing demand for homes in Canton, Woodstock and many of their nearby communities.
According to the Zillow Home Value Index, the average home price in Canton has dropped by 8.8 percent on a year-over-year basis and by 3 percent in Woodstock. “There are also more foreclosures and short sales on the market now,” adds Hibbard, “and while these are an unfortunate consequence of our current state, they also represent another opportunity for buyers to make a good deal.”
For more in-depth information on the real estate markets in Canton, Woodstock, and the metro Atlanta real estate market as a whole, contact Sara Hibbard or visit her website, http://www.SaraHibbard.com. The site also contains community information, real estate news and mortgage rate updates, extensive listings, and a property search tool, among other things.