America’s relatively low mortgage rates spurred another increase in pending home sales in September, as the index rose 1.5%, according to the National Association of Realtors.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased to 108.7 in September, rising from August’s 107.3.
Contract signings compared to a year earlier increased 1.5% from last month’s increase, but jumped 3.9% from 2018, NAR said.
Lawrence Yun, NAR’s chief economist, said historically low mortgage rates played a significant role in the two straight months of gains.
“Even though home prices are rising faster than income, national buying power has increased by 6% because of better interest rates,” Yun said. “Furthermore, we’ve seen increased foot traffic as more buyers are evidently eager searching to become homeowners.” [read full article on Housingwire.com]
There is no doubt that you can get more for your money when interest rates are low. It is important that you choose your new home carefully. At Mountain Walk, each home has been created with exquisite and unique features. Created with the highest quality engineered components available, Mountain Walk is designed for low maintenance, low energy requirements, high value and high future resale.
Cornerstone Associates is known for developing and building some of the highest appreciating homes in Cobb County. The features are timeless and will be popular for many years of enjoyment.
Built with the discerning homeowner in mind, these townhomes are 30’ wide rather than the standard 24’ wide townhome. Once inside, you will feel like you are inside a single-family home rather than a townhome. You have to experience them to understand the difference. You can visit our decorated model today to feel the difference.
Imagine living in this spectacular area with views that are second to none. Live where you have direct access to the Kennesaw Mountain National Park amenities that make your active lifestyle even better. In addition to the Park Trails you are connected to miles of Cobb County walking trails connecting to Downtown Marietta, Kennesaw and beyond. Whether you walk, run or jog the variety of pathways and scenery is unmatched in Greater Atlanta.
Schools are important when choosing your new home. If you are considering the Cobb County area, consider this:
Kennesaw Mountain High School is rated 8 out of 10 in Great Schools.org and with a graduation rate of 83% and a college readiness scoring 9 out of 10. Be sure to check out these fine schools for your children’s future. Cobb County schools are rated among the highest in the State of Georgia. Mountain Walk is served by Hayes Elementary, Pine Mountain Middle, and Kennesaw Mountain High.
Sales Hours are Monday-Saturday 11am – 5pm; Sunday 1pm – 5pm; Thursday & Friday by appointment only.
GPS Directions: 1718 Old 41 Hwy NW, Marietta, GA 30060 or Get point to point directions here