5 Reasons To Buy Your First Home In Acworth Ga

5 Reasons To Buy Your First Home In Acworth Ga

Image titleAre you thinking about buying a home in Acworth, GA? 

Here are five better-than-average motivations to purchase a home in the Acworth, GA area.

  1. Low Mortgage Interest Rates

Mortgage rates are low. I don’t mean “yeah, those are pretty good rates” kind of low. I mean the “that’s crazy - you can’t actually mean that” kind of low. I actually saw a mortgage interest rate of 3.6%[1]. That’s right: 3.6%!!! Just a few years ago, you were lucky to get an interest rate of 5%.

But those rates won’t last forever. In fact, bankrate.com is forecasting a gain to over 4.1% by July of this year[2]. In case you missed it, that means you’ll see a 15% increase in interest rates in just a few months.

Bottom line: mortgage rates are low and are only going to go up from here.

  1. Rising Home Values

Since this time last year, home values have increased drastically. Once again, not by a small amount - 4.3% since last year.[3] That means a house worth $300,000 last year has increased in value by almost $13,000!

But if you’re thinking “Well that means I should wait for them to go back down,” DON’T! Home values are predicted to go up by an additional 2.3% within the next year. So don’t wait - that same $300,000 now could cost you an additional $7,000 if you wait. AND - if you buy that house now, you will essentially earn $7,000 for making the investment now!

Bottom line: don’t get caught paying more for a house than you should. Take advantage of house prices now before they go up.

  1. Easy Access to Atlanta/Chattanooga

While there is plenty to do in Acworth, like spending the day on Lake Allatoona, sometimes you want to take a trip to the “big city.” Living in Acworth makes that easy through close proximity to Interstate-75. You can make it a day out watching a Falcons game, or head to one of Buckhead’s fine dining establishments for date nite. Seen everything there is to see in Atlanta? Head to Chattanooga to see the fish or ride the train; it’s only an hour drive away!

Bottom line: Acworth is close to the interstate - your highway to fun activities.

  1. Superb School Ratings

Another great reason to buy a home in Acworth if you have kids: the amazing schools[4]. With several top-rated public elementary, middle, and high schools, Acworth is a great place to send your kids to school. Want your child to attend a private school? There are many well-ranked private schools in and around Acworth.

Bottom line: If schools are important, Acworth is one of the best places to look for a house.

  1. Local Businesses

Support local business? Acworth has a booming small business scene that includes a wide variety of services. Own a business and want to network with other small business owners in Acworth? There are many networking groups[5] and business associations to join.

Bottom line: Own or support local business? Acworth has several small businesses and networking groups.

[1] - http://mortgage-x.com/general/average_rates.asp

[2] - http://www.bankrate.com/finance/mortgages/mortgage-rates-forecast.aspx

[3] - http://www.zillow.com/home-values/

[4] - http://www.schooldigger.com

[5] - http://www.masternetworks.com/

John Cenni Headshot
Phone: 678-439-7717
Dated: May 4th 2016
Views: 950
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