Greg Hart with PrimeLending is this week’s guest on Atlanta Real Estate Forum Radio. Greg shares information on the variety of mortgage products that are available to homeowners, and his interview is followed by a round table discussion on metro Atlanta’s rapidly aging population.
Greg Hart is the branch manager for PrimeLending in Atlanta. He is a native to the Atlanta area, has been in the mortgage business for 12 years and has been with PrimeLending for one year.
PrimeLending is a bank-backed Dallas based company that has been in business for 25 years. They are the third largest FHA purchase money lender and the sixth largest purchase money lender in the country. One of their main goals is to be able to offer every type of loan product available in the market to their loan officers and customers, and they are driven by a motivation to help others. Since the company is focused solely on residential mortgages, they are able to offer this wide variety of products including renovation financing, and they are currently aiming to be the largest renovation lender in the country by 2014.
This week’s Deal of the Day is from Ansley Parkside who is offering $10,000 any way you want it! Start 2013 off right with a brand new energy efficient townhome at Ansley Parkside in Midtown Atlanta. Only 21 of these three bedroom and three-and-a-half bathroom Brownstones with two-car garages, Kitchen Aid appliances, granite counter tops, luxurious master suites and expansive decks priced from the mid $400,000s remain.
Our next segment is on the rapidly aging population in metro Atlanta. Today, roughly 18.5 percent of the U.S. population is over 60, which is compared to 16.3 percent a decade ago. By 2020, the percentage is expected to be at 22.2 and at 25 percent by 2050. Atlanta comes in at number 46 on the list of top 51 fastest aging metros with 13.8 percent of our population presently over 60. These growing numbers mean that home buyers can expect to see more active adult communities such as the ones from Jim Chapman, Del Webb, Windsong, The Orchards Group and Cresswind being built as well as more homes designed for aging in place.
For more information on the nation’s fastest aging metros and their impact on the economy and housing market, read the New Geography report.
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