Start out the new year in a new construction home by award-winning Rocklyn Homes. Rock & roll into great savings, an exciting new townhome community and an incredible buyer bonus!
ACT fast to get $10K Buyer Bonus plus up to $1K Broker Bonus on inventory homes on accepted homes by 02/15/2020. Print flyer
Renaissance at South Park is in the South Fulton area and has move-in ready homes now! Hurry in to choose your new low maintenance luxury townhome with the very popular rear entry garages and conveniently located with easy access to I-85. Enjoy the wonderful amenities that include a pool with beach swim out for warm weather, tennis courts and community clubhouse. Ask about our 2-story townhomes with basements that are available now!
Why should you purchase a new construction home now?
According to this article in KeepingCurrentMatters.com; ” Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.”
1. Buying a Home is a Great Investment
Several reports indicate that real estate is a good investment, topping other options such as gold, stocks, bonds, and savings. Why? Real estate helps build equity, a form of investing for you and your family. According to CoreLogic’s Equity Report,
“U.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.”
This means the average homeowner gained approximately $5,300 in equity over the past year. If you want to start building your equity, put your housing costs to work for you through homeownership this year.
2. Mortgage Interest Rates Are Low
The Primary Mortgage Market Survey from Freddie Mac indicates that interest rates for a 30-year mortgage have fallen since November 2018 when they hit 4.94%. In their latest forecast, Freddie Mac expects rates to remain low, leveling out to a yearly average of 3.8% in 2020. When you purchase a home at a low mortgage rate, it will impact your monthly mortgage payment, giving you the opportunity to buy more house for your money.
3. Investing in Your Family is a Win
There are some renters who haven’t purchased a home yet because they’re uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you’re living rent-free with your parents, you’re paying a mortgage – either yours or that of your landlord.
Today, rental prices continue to increase, and when you’re paying your landlord’s mortgage instead of your own, you’re not the one earning the equity. As an owner, your mortgage payment is a form of ‘forced savings’ you can use later in life to reinvest in your family. You can use it for a variety of opportunities, such as saving for your children’s education, moving up to a bigger home, or starting your own business. As a renter, it can be more challenging to achieve those types of dreams without home equity working for you.
Four model homes are now open for touring. Click here to see all available homes
Townhomes from the $200’s
Award Winning Rocklyn Homes is one of Atlanta’s Top Homebuilders in the Atlanta Business Chronicle. 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 and Fort Lauderdale, Florida areas from the high $100’s to $500’s.