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With all the Short Sales in Atlanta, Foreclosures and lack of construction, one neighborhood still is crankin' out homes and selling them at a premium. Village at Deaton Creek is a active adult gated community with everything but their grocery store in terms of amenities.
Recently, the Hall Chamber has a meeting discussing the active adult communities in the area and how many people are bypassing Florida altogether to come straight to Atlanta.
Village at Deaton Creek offers all the expected amenities found in the usual Broward County locales but features 4 full seasons without having insurance payments exceed the mortgage.
Twiss (from the chamber) said some of the trends people look for when looking for a retirement community include "a place that’s in a great location, a place with beautiful surroundings that is close to their families and a place that is in the south, but not all the way in Florida."
Twiss told the crowd that the focus of Del Webb is to provide this type of community for those 55 and older who want to live a vibrant lifestyle... through being involved in social clubs, activities, and different classes.
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Gwinnett Daily Post wrote a small article today about the Squillance family and how more and more people are deciding to make the move to a "active" adult community. While these are popular in Florida there are very few communities like this in the Metro Atlanta area. The most popular community, Village At Deaton Creek, is not only the most popular Active Adult Community, but it's the most popular, best selling community in Georgia, period.
"It was very, very easy for me (to leave)," Squillace said. "It was more difficult for my wife."
So he and his wife Elayne sold their home in the Connemara subdivision in Snellville and moved to Hoschton. There, they settled in The Village At Deaton Creek, a subdivision for senior lifestyles, leaving behind the home in which they resided for more than 20 years and put three kids through Brookwood High School.
Their friends at Connemara threw them a going away party and joked about how far away they were moving. But it's a trek more and more people their age are making. As the population ages - the Atlanta Regional Commission's Lifelong Communities Study says that by 2030, 20 to 23 percent of the metro area's population will be over age 60 - those people are also becoming more active. And moving to places where others are active as well.
Squillace is 66 and says, "I've never been as busy as I am since I retired. It's actually not a joke. People have asked me to do things and I haven't had time."
This is not your father's retirement. Squillace stays busy with projects, trips, children and grandchildren. But he also stays active with bocce, senior tennis, bowling and trivia. Then there's softball. A self-professed softball fanatic, Squillace is not just a player in his league (a pitcher, of course) - he's the commissioner. And the league isn't just some pick-up deal. The teams are sponsored - just like you'd see in little league. "It's great," Squillace said of the softball. "It's people the same age getting out and still having fun. It's done socially as much as competitively. But it is competitive."
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Home builder Pulte Homes Inc. will buy rival Centex Corp. in a $1.3 billion deal.
The deal is made up of a stock-for-stock swap valued at $3.1 billion, including $1.8 billion of net debt.
Bloomfield Hills, Mich.-based Pulte (NYSE: PHM) is metro Atlanta's second-largest home builder, with Dallas-based Centex (NYSE: CTX) ranked at No. 14, according to Atlanta Business Chronicle's 2008-2009 Book of Lists.
Pulte had two of the top-selling communities in 2008 in metro Atlanta -- Village at Deaton Creek and Sun City Peachtree.
"Combining these two industry leaders with proud legacies into one company puts us in an excellent position to navigate through the current housing downturn, poised to accelerate our return to profitability," said Richard J. Dugas Jr., Pulte president and CEO, in a statement. "Centex's significant presence in the entry level and move-up categories is complemented by Pulte's strength in both the move-up and active adult segments, the latter through our popular Del Webb brand."
The combined company will use the Pulte name and be based in Bloomfield Hills, but the firms said a “significant presence” will be maintained in Dallas. Dugas will assume the positions of chairman, president and CEO of the combined company. Current Centex CEO Timothy Eller will join an expanded Pulte board.
This buyout would make the "new" Pulte, the largest builder in the Atlanta area, but that's not saying alot since Centex stopped building spec homes last year.
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It may not look it, but Jackson County is growing in leaps in bounds. Just think back two years ago and no one had even heard of a city that sounds like you are clearing your throat (Hoschton).
Now, Hoschton is home to the fastest selling neighborhood in the Atlanta Area (Village at Deaton Creek).
This post isn't about that, it's about Jackson County, GA and how fast it's growing. Still considered rural, it offers many unique opportunities. It's roughly an hour and 15 minutes outside Atlanta, but only 30 minutes from Gainesville and Commerce and Jefferson are areas full of warehouse and logistical jobs. On the other side, Winder, GA is growing as well due to it's location between Atlanta and Athens.
Yes, one day, Jackson will be swallowed by the "Sprawl" of metro Atlanta, but for now, it's a footnote on a census report as the fastest growing counties in America. Third place to be exact.
All this with a population estimated at 55K or so.
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Savoy buyer finds foreclosure deal October 20, 2008
Not everyone is having as difficult a time with the housing slump as we all may think. People with good credit and/or first time homebuyers are finding unheard of deals right now. Recently an owner of a house in Lawrenceville decided it was a good time to make an investment. He put his house up for sale, but soon realized he wasn't getting any acceptable offers. A friend told him about Linda Suidan of Result's Realty Services, and how she had just helped him close on a house. So he gave her a call, and she made some suggestions on how to make his home more marketable, how he could possibly offer a lease purchase or simply rent his current home. Within a month she had his home rented, and he was on the hunt. Suidan e-mailed him several active foreclosure listings in the area that he specified. After choosing the ones he wanted to see, she produced current sales in the neighborhoods and directed him on the best investments. With the choice made Suidan needed to negotiate with the bank on the price. The buyer was extremely impressed by her ability to make all the numbers on the HUD statement meet his requirements. Now in a bigger, better house, closer to his work and at an extreme discount, this new homeowner is proud of his wise decision. People are having success in the housing market. If you know the right people you can make a wise investment and improve your way of life at the same time!
Dana Casaccio 770-558-3074
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