On the Fence?
If you are still on the fence, consider this article from Keeping Matters Current.com “
In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.
“CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.”
Why the difference between the costs of renting versus owning?
It makes sense that rents have risen. However, how did mortgage payments decrease? CoreLogic explained:
“It’s mainly because mortgage rates back in December 2005 were significantly higher, averaging 6.3% for a fixed-rate 30-year loan, compared with 4.6% in December 2018.
The national median sale price in December 2005 – $190,000 – was lower than the $220,305 median in December 2018, but because of higher mortgage rates in 2005 the typical monthly mortgage payment was slightly higher back then – $941 – compared with $904 in December 2018.”
Additionally, a recent report by the National Association of Realtors (NAR) showed that purchasing a home requires less of your monthly paycheck.
Now is a great time to choose your new home at Belmont Hills for a late spring or summer move-in date. Award-Winning Rocklyn Homes offers new construction townhome communities in the DeKalb County area.
Find your new home at Belmont Hills where basement home plans are NOW available. Belmont Hills, located just off Covington Highway minutes from I-20 and I-285 is in a convenient location with easy access to the best of Atlanta plus there is a L.A. Fitness just across the street for those who are fitness-minded.
Three bedroom, 2.5 Bath plans with brick, stacked stone and cedar shake accents on the exteriors make the homes timeless. The interior of these Rocklyn Home plans offer exceptional value with arched entry ways, interior barrel arches, 3 hardwoods on the main, gas fireplaces, high top breakfast bar or island*, granite countertops with tile backsplash and 42 cabinets. Other features include private rear patio* and a full security system. [*per plan]
2282 Rolling Trail Lithonia GA 30058 | 3 Bedrooms, 2 full & 1 half Bathrooms|$201,898 –Basement Home!! Thoughtfully designed 3BDRM/2.5 Bath Maxwell floorplan with DAYLIGHT BASEMENT. Detail designed spacious kitchen featuring granite countertops/breakfast bar and 42″ cabinets. Open entertaining floor plan, hardwood floors on main with fireplace. Private fully fenced backyard with patio. Bedroom level offers large master with separate garden tub and glass enclosed shower. 2 secondary bedrooms, guest bath and laundry. Walking distance from shopping, fitness center and dining.
Belmont Hills won the 2018 Gold OBIE award in the fall of 2018 for Best Building Design Attached Model. Conveniently located, affordable townhomes from the High $100s near the best of Atlanta.
For more information, call 770-990-9152 or email us at BellmontHills@RocklynHomes.com+
GPS Instructions:6241 Covington Hwy, Lithonia, GA 30058
Sales Center Hours
Tuesday – Saturday: 11am – 6pm
Sunday & Monday: 1pm – 6pm
Award Winning Rocklyn Homes is one of Atlantas Top Homebuilders in the Atlanta Business Chronicle. Ranked Nationally at #87 in the 2018 Builder 100 List by Builder Magazine. Rocklyn builds quality single-family homes and townhomes with award-winning plans in the Metro Atlanta area from the mid $100s to $400s.