There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house.
More Jobs Are Being Created
Instead of facing the job losses typical of any recession, the economy has been growing and adding jobs. According to the Bureau of Labor Statistics (BLS), 187,000 jobs were created in July, which is up from the 185,000 created in June. That means more people are finding work. In fact, so many jobs are being added that the unemployment rate is far lower than the long-term average of 5.7%
When wages rise, people have more money that they could save or use toward buying a home. This increase in income helps offset some of the affordability challenges in the housing market today. Affordability depends on three main factors: wages, home prices, and mortgage rates. With higher home prices and mortgage rates right now, Builder Online summarizes how growing wages can help:
“The housing market has been a beneficiary of the strong economy and labor market. Many of those employed have saved money over the past few years and used those funds toward a down payment on a home.”
If you’re thinking about selling your house, a strong job market, growing wages, and the resulting buyer demand is fantastic news. It means there’s a larger pool of potential buyers out there who are in a position to pursue their dreams of homeownership. Read full article on KeepingCurrentMatters.com.
Available Home
$729,000 |8125 Long Slope Drive |4 Beds, 3.5 Baths |2,856 SqFt
Lot 53, Vivienne Plan, on an Amazing 2-Acre Wooded Cul-De-Sac Lot! This bright and open concept floorplan is perfect for entertaining as well as relaxing on the deck overlooking the private backyard. The with spacious great room opens to the dining area and kitchen with large island, farm sink, gas cooktop, built-in oven and microwave, walk in pantry and mudroom with built-in bench. Main floor includes 5-inch plank wood flooring and home office. Learn more
Choose An Excellent School System
When you choose the Forsyth County School District, you are choosing an excellent system. Forsyth County School District, Georgia’s fifth largest district, has 41 schools that excel in solid academic programs and prepare students for success in college and careers. The district prides itself on providing a wide range of extracurricular activities, advanced placement courses, and career and technical education programs, as well as highly qualified teachers and excellent facilities.
Furthermore, the district places a strong emphasis on technology integrationand have an average Graduation Rate of 95%. Ensure your children’s education with these excellent Forsyth County Schools including: Silver City Elementary School, North Forsyth Middle School, North Forsyth High School. These schools all have excellent ratings and offer advanced placement classes. Find out more
Dawsonville – Minutes from the Mountains
Dawsonville is a great area that offers premium shopping at the North Georgia Premium Outlets or enjoy camping, fishing and more at Thompson Creek Park or Toto Creek Campground-COE. Love to hike? Check out the Appalachian Trail – Approach Trail
Dawsonville is home to the southern terminus of the famous Appalachian Trail, which starts at Springer Mountain, accessible from Amicalola Falls State Park. Looking for French cuisine or pizza; Dawsonville has a little bit of everything. Check out local restaurants here.
Special Financing offer: Seller to pay up to $17,500 in mortgage rate buy-down/closing cost assistance when obtaining a mortgage with D.C. Aiken from Bank South for a mortgage on these listed properties. Call agent for full details.*
Fireside Farms
7470 AC Smith Rd
North Forsyth, GA 30534
Call us today to make this your new home community! Or register here to get more information