Archive | First Time Home Buyer

RSS feed for this section
Atlanta Skyline at Twilight

Where to Buy a Starter Home in the South

For first-time home buyers or those looking for a starter home on a budget, many places in the southern states offer affordable home costs compared with the national average. However, when you take into account factors like a thriving job market, low cost of living, cultural opportunities and the like, we can’t recommend the Atlanta metro area enough as an excellent place to buy. Why Buy a Starter Home in Atlanta? Metro Atlanta is unique in that it offers most of the same opportunities and amenities of other major cities while still affording a relatively low cost of living. Even as Atlanta’s housing market flourishes and increases in value, there are still plenty of highly affordable neighborhoods – including those […]

Atlanta Intown Condos

What Millennial Home Buyers Look for in an Atlanta Property

The millennial generation (loosely, people born between 1981 and 2004) has become the biggest segment of home buyers in the real estate market (34 percent, according to the NAR). Atlanta is no exception to this trend. In fact, as recently as 2015, Money Magazine ranked the ATL the second best city for Millennials, due in part to its thriving job market, low cost of living and vibrant social scene. But what do these millennial home buyers look for in an Atlanta property? If you plan to sell this year, what can you do to make your home more attractive to this generation? Northshore Fireplace recently conducted a survey of 1,000 millennials to discover their top priorities when purchasing a home. […]

1201 Standard Drive, Atlanta, GA 30319

How to Get Pre-Approved for Your First Home Purchase

Your first home purchase can be both an exciting and a daunting experience. In addition to the physical task of house hunting, there is the paperwork, waiting and stress involved in getting the mortgage loan. You can simplify this process profoundly by getting pre-approved for your home loan; in fact, most sellers today prefer that you have a pre-approval letter from the bank before ever making your offer. Pre-Qualified vs. Pre-Approved Many people interchange the words “pre-qualified” and “pre-approved,” but they are not the same thing. Pre-qualification is primarily for your benefit; the lender or mortgage broker simply asks you a few questions about your income, expenses, debt and expected down payment to give you a ballpark figure of how much […]

An artistic rendering of the Historic Fourth Ward Park

First-Time Home Buyers Flock to the Atlanta BeltLine

Arguably one of the most ambitious projects of its time, the Atlanta BeltLine is already radically changing the landscape of Atlanta, both literally and figuratively, connecting neighborhoods and parks across the city. One effect of this massive project: a surge in new developments along the BeltLine, and surge in popularity among the connected neighborhoods. First-time home buyers, in particular, are beginning to flock to neighborhoods along completed and developing segments of the Atlanta BeltLine, taking advantage of the affordable properties before prices begin to rise in earnest. What Is the Atlanta Beltline? The Atlanta Beltline is a project to revitalize a 22-mile loop of historic railroad corridors into a network of walking/jogging/biking trails, eventually interconnecting dozens of Atlanta neighborhoods and thousands […]

First Time Home Buyers

Atlanta’s Favorable Market Attracts First-Time Home Buyers

If you are a first-time home buyer in the United States, chances are you have at least taken a look at the Atlanta area, according to recent market research. As the Atlanta Journal-Constitution reports, Atlanta now ranks among the top cities in the nation for attracting first-time home buyers, among others like Orlando and Memphis. The analysis, conducted by Zillow, took several key metrics into account when evaluating the housing markets of major U.S. cities, including median home values, expected one-year appreciation rates and available inventory. The research concluded that many of the most favorable markets are concentrated in the South and Midwest. Other cities topping the list included Oklahoma City, San Antonio, Tampa and Birmingham, while some of the […]