Beginning in 2019, housing experts began projecting an upcoming housing inventory shortage. In response, SR Homes currently has move-in ready inventory homes in sought-after locations throughout the metro Atlanta area including Athens, Cumming, Gainesville, Johns Creek, Tucker and Watkinsville.
While the demand is there, according to Forbes, 2020 will see ‘historic low level’ of housing inventory, possibly the biggest shortage in U.S. history. HousingWire recently reported the latest numbers, that the nation’s inventory of homes for sale tumbled 14% in January, falling to the lowest level since at least 2012, referencing a report from Realtor.com.
“The months-of-supply for all housing stock in metro Atlanta currently stands at 2.5 months – well below the 6 months considered to be normal,” MarketNsight President John Hunt said. “This is the lowest months-of-supply number we have seen since we turned the corner in 2012.”
Homebuyers looking to join the Johns Creek area will not want to miss move-in ready opportunities from SR Homes available at Camden Hall. Homesite 15, located at 505 Camden Hall Drive in Johns Creek, features the Hartford home design. Perfect for a growing family, this traditional two-story home offers 3,741 square feet of living space with five bedrooms, four baths and a two-car garage.
Notable appointments include a stunning stone turret with four-sides brick, a two-story foyer leading to the dining, living and great rooms with fireplace and built-ins, a convenient mudroom with mudbench and a gourmet kitchen with oversized island, granite countertops, stainless steel appliances, custom cabinets and access to the covered porch. This home boasts gleaming hardwood floors throughout the common living areas. A secondary bedroom with full bath completes the main level, ideal for overnight guests. Three generous secondary bedrooms and a large media room accompany the owner’s suite on the upper level with its oversized walk-in closet and owner bath with separate tub and shower.
SR Homes also has move-in ready opportunities at its new Gainesville community, Gates at Limestone Creek. Homesite 1, featuring the Woodridge ranch design, is located at 2614 Limestone Creek Drive in Gainesville. This previous model home boasts 2,211 square feet of thoughtfully designed living space with four bedrooms, two baths and a two-car garage.
This home includes a sunroom, covered patio, dining room, double-sided fireplace, custom built-ins in the great room and impressive kitchen with double oven, gas cooktop and granite countertops. The luxurious owner’s suite features a walk-in shower and tub for added convenience. Residents at Gates at Limestone Creek enjoy a low-maintenance lifestyle with included lawncare and a gated setting.
Move-in ready opportunities from SR Homes are also available at Pebble Creek in Watkinsville. Featuring the Hewett home design, Homesite 53 sits on a 1+ acre lot. This ranch plan offers 2,713 square feet of impressive living space with four bedrooms, three baths and a three-car, detached garage. The covered front porch enters into a formal entry and open-concept main level featuring a gourmet kitchen with spacious island, counter-seating options, walk-in pantry and views into the dramatic two-story great room with fireplace and access to the oversized covered porch.
The luxurious owner’s suite boasts a tray ceiling, dual vanities, walk-in shower and spacious walk-in closet. Perfect for overnight guests or a teen suite, the upper level features a secondary bedroom, full bath and spacious loft area/flex space.
As the housing inventory continues to fall in comparison to demand, SR Homes currently has move-in ready opportunities available throughout Clarke, DeKalb, Hall, Forsyth, Fulton and Oconee counties.