The Georgia housing market is showing definite improvement, and Heron Bay Golf and Country Club in Locust Grove is experiencing the same positive movement. New listings are down, pending sales are up and inventory has fallen significantly. Homeowners are beginning to feel relief and hoping that their home’s value will soon increase.
Economical and employment growth remain critical, providing jobs that will fuel housing demand and higher prices, and will provide hope for struggling homeowners. As the Median Sales Price edges up and the Days on Market decrease, this proves to be the 12th consecutive month of year-over-year declines. According to the Georgia Association of Realtors, the Months Supply of Inventory was down 40.4 percent to 5.3 months, indicating that demand has increased relative to supply.
Heron Bay’s leading national builder, D. R. Horton Homes, currently has eleven homes under construction beginning in the low $200,000s. For more information on these new homes and the master-planned golf community, visit heronbayinfo.com or call the Sales and Information Center at 770-957-5633.
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