Alpharetta Real Estate

Archive for the 'Forsyth' Category

5Apr

Market Indicator: Bowen Homes Sells 12 in 14 days

categories: Buyers, Forsyth, Local Market Conditions

With so much doom and gloom in the real estate market, I thought that I’d share some market news that I got from none other source than my barber. Hey, barbers know what is going on around town.

Bowen Family Homes has sold 12 new homes in their Stonehaven subdivision in South Forsyth in the last two weeks.

The neighborhood will ultimately have about 500 homes in the $200’s and has a 10-acre recreation area. There are currently about 300 homes built.

I suspect that a lot of these buyers are first time buyers taking advantage of low interest rates and not having to sell a home before they buy.

Just wanted to let you know that it is not all doom and gloom in the Alpharetta (and Cumming) real estate market.

Now, if you need the best haircut in Alpharetta, go to Gino and Jacksons at Hwy 9 and Windward Parkway next to La Parrilla.

Posted by Kevin Warmath | Currently No Comments »

5Feb

Ronald Reagan Parkway is Only Political Point on Super Tuesday

categories: Alpharetta Real Estate, Commercial Activity, Forsyth

ALPHARETTA and SOUTH FORSYTH - Trying to find something political to write about around here on Super Tuesday is surprisingly difficult. There are practically zero candidate yard signs out in Alpharetta; I’ve seen maybe one Romney and two Ron Paul signs on Highway 9. I did see a couple Obama signs when inside the perimeter the other day. Zero Hilary signs.

It seems that Georgia has either been conceded from the beginning or just ignore. Just as well. I’m tiring of the campaign already and we have ten more months to go.

In the spirit of politics and Super Tuesday, though, I thought I resurrect the memory of Ronald Reagan. You see, Reagan’s name has been given to a major new boulevard in south Forsyth County. Right now, Ronald Reagan Parkway is a few disconnected stretches of four-lane road near GA-400 and Highway 20 (Exit 14). However, the parkway is quickly being pieced together and promises to become a much needed alternative to GA-400 in Forsyth.

But here is the scoop: The Taubman Company is in the initial phases of a major, upscale shopping complex at McGinnis Ferry Road and Ronald Reagan Parkway. Wait! you say. Ronald Reagan and McGinnis Ferry don’t intersect…yet. The plan is for Ronald Reagan Parkway to run south from Highway 20 where is passes near the Northside Hospital, pass the new Forums developing at Hwy 141 (Exit 13) and continue south to McGinnis Ferry. The Taubman development would anchor 163 acres at the southern end of The Parkway and could have buildings as tall as 12 stories and 500 residential units.

The development is by no stretch a sure thing; it is my understanding that the county is still considering the zoning changes required. If anyone has more detail, please post a comment.

While the development would technically be in Forsyth County, it is important to Alpharettans because it might as well be in Alpharetta. McGinnis Ferry is the county line and this location would only be a stone’s throw from the exclusive Prospect Park development in Alpharetta, which is under construction on Old Milton. A Tabuman development would be another feather in North Fulton’s growing high end retail market.

Posted by Kevin Warmath | Currently No Comments »