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Burnt Hickory subdivision Kennesaw GA - Market Report oct. 2008 - John Reinhardt

By John Reinhardt

Real Estate Agent with Solid Source Realty, InFront Marketing

October 23, 2008 09:44 AM

www.InFrontMarketing.com

John Reinhardt

REALTOR

770.475.1130 Ext. 6806

BURNT HICKORY REGISTRY Market Report Oct. 2008

The City of Kennesaw where Burnt Hickory Registry is located was selected by Family Circle magazine as one of the nation's "10 Best Towns for Families." The article appears in the magazine's August 2007 edition. The publication announced the results of its search to identify the best communities across the country that combine big-city opportunities with suburban charm, a blend of affordable housing, good jobs, top-rated schools, wide-open spaces and a lot less stress.

Family Circle partnered with On Board, a New York City research firm providing real estate and demographic data to assemble a list of 1,850 towns with populations between 15,000 and 150,000 and a large concentration of households with an average income of $65,000. From that number, 800 localities were selected based on family-friendly criteria, including cost of living, jobs, schools, health care, air quality, green space and crime rate. Family Circle assessed which towns best met those standards and ranked them according to state. The winners were selected from the highest-rated towns in the top 10 nationwide.

In short, it's good statistics and reviews like this of the area that will help maintain home values and eventually evoke long term increases in value. The area experienced a tremendous growth spurt of upper middle class and upper class homes in the last three years. I do believe some homes were overvalued and are now suffering a value correction phase. There are beginning to be some bargains on inventory homes and resells in the area. All in all, a great area to select and resell value will return in this area quicker than most.

Status	Address	State	Subdivision	Bed	Bath	Price
Active	835 Registry Terrace	GEORGIA	Burnt Hickory Registry	6	6/1	$900,000
Active	4904 REGISTRY VIEW	GEORGIA	BURNT HICKORY REGISTRY	5	4/1	$549,000
Active	4508 REGISTRY PLACE NW	GEORGIA	BURNT HICKORY REGISTRY	5	5/0	$474,900 *
Active	847 REGISTRY TERRACE	GEORGIA	BURNT HICKORY REGISTRY	4	3/1	$387,000
Active	714 Registry Run NW	GEORGIA	Burnt Hickory Registry	5	3/0	$359,900
Active	730 REGISTRY RUN NW	GEORGIA	BURNT HICKORY REGISTRY	4	4/0	$349,900 *
Active	4838 Registry Drive NW	GEORGIA	Burnt Hickory Registry	5	5/0	$329,000 *
Sold	4831 REGISTRY DR	GEORGIA	BURNT HICKORY REGISTRY	4	3/1	$420,000 *
Sold	4876 REGISTRY LN	GEORGIA	Burnt Hickory Registry	5	4/0	$415,000
Sold	833 Registry Terrace	GEORGIA	Burnt Hickory Registry	5	4/1	$385,000 #
Sold	4506 Registry Place	GEORGIA	Burnt Hickory Registry	4	3/1	$392,000
Sold	4848 Registry Dr NW	GEORGIA	BURNT HICKORY REGISTRY	5	4/1	$392,000 # *
Sold	825 REGISTRY TERRACE	GEORGIA	BURNT HICKORY REGISTRY	4	3/2	$332,000
Sold	4877 REGISTRY LANE	GEORGIA	BURNT HICKORY REGISTRY	5	4/0	$313,000 # *
Sold	5003 REGISTRY COURT	GEORGIA	BURNT HICKORY REGISTRY	4	3/1	$300,000 # *
Sold	4905 REGISTRY VIEW	GEORGIA	BURNT HICKORY REGISTRY	6	4/1	$255,900 #