If you are in the market for a new home, check out these amazing new homes by Award-Winning Rocklyn Homes. Princeton Ridge is now selling and is located within minutes to Stonecrest Mall. Make your appointment today to visit the Sales Center or get on our VIP list here.
Is Housing Affordable?
Without a doubt, housing is still affordable. According to this article in KeepingCurrentMatters.com, buying a home is still a good investment.
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year.
However, skyrocketing prices are causing some to start questioning affordability in the current housing market.
The findings show the historical averages of the national payment to income ratio, which they define as “the share of the median income needed to make the monthly payments on the median-priced home.” Their study reveals:
- The average over the last 25 years was 23.6%
- The average over the last 5 years was 20.1%
- The average today stands at 20.5%
Take a look at some of these outstanding plans. The home plans being offered at this new community includes the Marlin, Maxwell, McAfee, Melbourne and Mercer. The homes feature three bedrooms and two and one-half baths plus garage. Each home will have outstanding features such as gourmet kitchens with island*, easy to maintain hardwood flooring on the main floor, oak tread stairs, owners suites with sitting area* and spa-inspired baths with garden tub and separate shower with tiled floor. *Per plan
Click here to take a virtual tour of each home.
Ideally located under five miles to Stonecrest Mall, Princeton Ridge will have easy access to I-20, Hwy 124 and Hwy 278. If you love nature, it is a quick trip to Arabia Mountain for sightseeing or hiking. Stone Mountain Park is a twenty minute ride to enjoy all the year round events. The city of Lithonia is a fast six minutes down the road. Lastly, with such easy access to I-20, the best of the City of Atlanta is just around thirty minutes away.
Homes From the Mid $200’s
1850 Phillips Rd
Lithonia, GA 30058
Sales Center Hours Coming Soon!
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Award-Winning Rocklyn Homes is one of Atlanta’s Top 5 Homebuilders in the Atlanta Business Chronicle 2018 and listed as the 12th largest builder in Atlanta by the Atlanta Business Chronicle 2019. Ranked Nationally at #68 in the 2019 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 High $100’s to $400’s.
Rise UP with Rocklyn homes, the exclusive homebuilder of the Atlanta Falcons.#RocklynHomes.com
*All photos shown depict similar products being built. Price, plans, specifications are subject to change without prior notice. * All options are per plan
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