BUT ITS A USED HOUSE!

Here is a trend we are seeing in the North Georgia real estate market: BUT THE HOME IS OVER 10 YEARS OLD! WHY WOULD I BUY THIS HOME WHEN THERE IS SO MUCH TO DO! I live in the only golf course/boat community on Lake Lanier. One hour north of Atlanta it is truly a resort lifestyle experience. Unfortunately there is no new construction going on in the neighborhood! Why? Because the North Georgia area is slower than closer into the city. Because the North Georgia area does not have the jobs and we are too far to commute everyday into Atlanta. We are becoming a quasi retirement area where the empty nesters move to get away from the suburbs! This means that there is not enough demand to bring builders into our neighborhood to build specs. So here comes our clients who have waited for the opportunity to move into this neighborhood. Kids gone, golf clubs in the car, they are finally ready to buy after many years of driving the neighborhood looking for their future dream home. Those houses they have seen for years have grown older. Their dreams have been wiped out because they wanted a brand new, fully updated home, at a foreclosure price! Where is this home? The home has aged. If you want the newest and greatest build a new home. They do not want to because that would cost too much! I want a new home but at a deeply discounted resale price! They drive home dejected and confused. This is not fair. I should be able to have it all at a low price. Just not fair. So they go back to their existing home, read some real estate articles, watch HGTV, decide if they want to move or upgrade their current "older" home, and wait for the next "new older home" to appear in our neighborhood for sale. The cycle then continues.