Looking Past COVID-19: Ramping Up for What’s Next

At Karen Cannon, Realtors, we understand the challenges that are presented by the COVID-19 pandemic. No one could have known that this virus would bring the world to a screeching halt, and we could not have known that 2020 would see a great stock market, good job reports, and growth all stop in a few short months. Even so, we are dedicated to making our clients’ home buying and selling needs our top priority as well as making the process as safe as possible.

There are a few tips here that explain what the road back should look like, and you can even begin to look for new properties, sell with confidence, and work remotely with a Realtor® right now. As the top-rated Dunwoody agents, our team has the expertise to assist our buyers and sellers with everything related to Dunwoody and Sandy Springs real estate including other surrounding locations in North Atlanta.

How Has the Housing Market Changed?

Luckily for the team here at Karen Cannon, Realtors, our hard work and expertise allowed us to remain consistent during the first month of COVID-19 and actually see similar numbers to the same time last year. April and May were also great months for us as everyone kept busy, but we knew that we needed to do something to accommodate all our clients who wanted to buy and sell homes.

We also know that June, July, and August can be busy months in our industry. Some of our clients may be nervous as they look for Dunwoody and Sandy Springs homes, or simply want to search all of North Atlanta. This is why our top-rated Dunwoody agents will offer more than ever to help our clients.

How Have We Improved Virtual Services?

We have expanded our virtual offerings to make sure that every client feels as safe and as comfortable as possible throughout the home buying and selling process. Our team uses specialized tools, technology, and practices to help keep our clients and team members safe during COVID-19.

First, we are always available to meet with each of our clients virtually. Whether it be on Facetime or Zoom, our clients’ comfort and safety will always be our first priority. Next, we offer expanded digital offerings for our listings. Strengthening the digital presence of listed homes through photography, video home tours, 3D virtual tours, aerial photography, floorplans, and virtual staging allows more people to view their dream home from the comfort of their current one.

Interest Rates Are Dropping

Interest rates have been dropping and that makes it even easier to work with one of our professional Realtors®. We can show you how to choose the most appropriate home and help you find financing. We have established relationships with many local and trusted providers and would be more than happy to connect you with the financing provider that best fits your needs. When you work with us, we help you through the entire process, making it as stress-free and seamless as possible.

People Are Already Shopping for Homes

At Karen Cannon, Realtors, we know that many people have already been shopping for their next home. Many have been using this time at home to start looking for something that will help them move to the next phase of their life. We understand and are ready to help our clients make the best choice for them.

Are Sandy Springs & Dunwoody Homes Selling?

Dunwoody and Sandy Springs are affluent areas in Northern Atlanta that attract those craving a traditional suburban lifestyle but with close proximity to corporate businesses and commerce. This area is filled with older homes that have the charm you are looking for, planned developments that you will love, and even new construction.

While we may have seen a slight decrease in activity at the initiation of COVID-19, the months of April and May were consistently busy. Now that June has started with the same level of demand, we anticipate that to continue along the same trend.

Reach Out to Karen Cannon, Realtors Today

The housing market is rebounding and we have been extremely active during the pandemic. We are an “essential business” that has been safely operating as people look to sell their homes. We also help first-time home-buyers and people relocating to Sandy Springs and Dunwoody. We ensure that each home closes successfully and we will be with you long after you close on your home. Explore Dunwoody homes for sale and Sandy Springs home for sale today!

Record Low Mortgage Rates for Buyers

Low mortgage rates help propel U.S. home sales and the refinance market. Mortgage rates in the United States have fallen to the lowest level ever on the heels of concerns stemming from the coronavirus outbreak.

As mortgage rates remain near three-year lows, those who are considering refinancing shouldn’t wait on the sidelines. Many lenders have hit their capacity in terms of how many loans they can process. Banks are currently inundated with small business loans.  This is a response to COVID-19 and the government stimulus, but are still processing mortgage loans. 

Rise in Mortgage Applications

Mortgage application data has shown that a growing number of Americans have been applying for loans to finance the purchase of a new home. Most consider this a positive sign for the spring home-buying season. 

Low Inventory

“In order to take advantage of low mortgage rates, buyers will need homes to buy,” said Danielle Hale, chief economist at Realtor.com. According to Market Watch, the inventory of homes for sale has an hit all-time low amid the high demand from buyers. The low inventory is largely the result of depressed home construction activity in the wake of the 2018 recession, which did not keep pace with household formation across the country. Many single-family homes were also purchased by investors during the bust years and converted into rentals, further constricting supply.

Economic Health

Another factor that could prevent Americans from taking advantage of low rates is the overall health of the economy. Many buyers might get cold feet despite the potential savings they would be leaving on the table, Hamrick said.

“There’s no avoiding the fact that a home purchase is the most significant purchase individuals will make in their lifetimes” Hamrick said. Whether you are looking to downsize your home or take advantage of low interest rates, contact Karen Cannon, Realtors to walk you through the process. We can advise you based on the current climate and demand. 

Get started today by exploring Dunwoody homes for sale, Sandy Springs homes for sale, and Chamblee homes for sale!

Sources: bizjournal.com; marketwatch.com

Dunwoody, Georgia: Perfect for Young Families

Dunwoody is a growing community just north of the perimeter in North Atlanta. It’s close proximity to I-285 and 400, make it a perfect location for young families who may have a commuter. In addition to its location, Dunwoody offers many preschools, great elementary schools, new parks and community events. Whether you are thinking of starting a family or looking to move to a family-friendly community, take time to discover Dunwoody.

Commute

There are a lot of companies based in the perimeter area either in Dunwoody or Sandy Springs. Employers like IHG, State Farm, APEX Systems, Convergent Outsourcing, UPS, Newell Rubbermaid, First Data and Centene. To maintain sanity and quality of life, experts suggest trying to live close to work whenever possible. Atlanta’s traffic is ranked as some of the worst in the world. Living in Dunwoody means a few miles to I-285 or 400, two MARTA stations, or a few side-streets.

Preschool and Elementary Schools

Dunwoody has A LOT of preschools. Dunwoody Baptist Preschool, Montessori School of Dunwoody, Kingswood UMC Preschool, Dunwoody United Methodist Preschool, the Weinstein School, Dunwoody Christian Academy, North Atlanta Preschool, Dunwoody Prep, Kindercare, and Primrose to name a few. If you are looking for a community that takes early education seriously, look no further than Dunwoody. The Dunwoody cluster of DeKalb County Schools has 6 public elementary schools: Austin Elementary, Vanderlyn Elementary, Kingsley Elementary, Dunwoody Elementary, Chesnut Elementary and Hightower Elementary. An experienced Realtor can offer insight as to the niche accolades that make each school special and the right fit for you.

Windhollow Park source: Atlanta Parent Magazine

Dunwoody Parks and Recreation

It’s truly amazing the amount of acreage (180 to be specific) that Dunwoody has devoted to outdoor recreation. Brook Run Park is the largest park in not only Dunwoody, but the region at 110 acres and is ranked among the best in Atlanta. It includes a large children’s playground, 2-mile loop multi-use trail, skate park, dog park, community garden, event pavillions, baseball fields and general purpose rec fields coming soon. Dunwoody Park is attached to the Dunwoody Nature Center and “includes a significant nature preserve with hiking trails, Wildcat Creek, a playground in the woods, and nature classrooms.” Plus six other new or updated parks including The Dunwoody Trailway. This multi-use trail which connects across three distinctive parks in the City of Dunwoody: Brook Run Park, Pernoshal Park and Georgetown Park. Equipped with bicycle repair stations, the trail then leads to more outdoor adventures within Georgetown Park, a perfect place for a game of bocce, a relaxing stop at a pavilion or a newly built children’s playground furnished with comfortable shade awnings. In April 2019, the new pedestrian bridge over the north fork of Nancy Creek was completed. The 145-foot bridge connects Dunwoody’s Georgetown Community with Perimeter Center. Future plans for the trail incorporate connections to other parks in the city.” The Nature Center and Donaldson-Bannister Farms also host fantastic summer camps and school break camps for school aged children.

Dunwoody 4th of July source: Atlanta Parent Magazine

Celebrations

The Dunwoody Fourth of July Parade is hosted by the Dunwoody Homeowners Association and the Dunwoody Reporter. 2,500 participants walk or ride in the 2-mile stretch that brings in close to 32,000 spectators. It is the largest Independance Day parade in Georgia. It includes floats, bands, cheerleaders, animals, veterans, antique cars, etc. and it ends with the Boy Scout’s BBQ lunch. The Dunwoody Homeowners Association also hosts the annual Light Up Dunwoody Festivities. Santa sits outside of the Cheek-Spruill Farmhouse and the evening ends with the lighting of the Christmas Tree and Menorah. Bands, dancers, performers, balloon artists and cookie decorating makes it a favorite family tradition. Dunwoody has numerous trunk-n-treat events put on by churches and at Brook Run Food Truck Thursday the week of Halloween. The Dunwoody Police Department hosts numerous community engaging events that foster a sense of community. Everything from Coffee with A Cop, Pizza with the Police, car seat safety checks, cpr classes and national night out.

When You’re Ready to Move

If Dunwoody sounds like the place for you, call Karen Cannon Realtors. We are one of Atlanta’s top producing Realtor teams and have strong ties to the community. One of our experienced agents can listen to your priorities and assess the perfect area and home for your unique real estate situation. We find out about homes for sale before anyone else, and make sure that our clients see them first. The homes we list sell faster and for a higher percentage of the listing price than those listed with other local agents. Check out our Dunwoody homes for sale now! We have the skill to get the job done, and the heart to make sure it’s done right.

Common Home Buying Mistakes to Avoid

When it comes to buying a home, many people lead with their heart. However, getting wrapped up in the emotion of the experience can cause you to overlook some important details. If you aren’t careful, you might make some major mistakes that can delay – or even prevent – closing on the home you’ve chosen. Here are some common home buying mistakes to avoid:

Failing to Get Pre-Approved

In today’s market, heading to the bank or mortgage company to be pre-qualified should be one of your first steps when you start thinking about buying a home. The process is relatively painless and can help you get a realistic picture of what sort of home you can really afford. Pre-qualification also signals to sellers and agents that you’re ready to buy and that you have no interest in wasting their time.

When taking out a home loan, make sure to understand the basic process, how your credit score will be taken into consideration, the avenues where you can get a loan, and the types of loans that are available to you.

Misunderstanding The Total Price Tag

Even if you have an idea of your budget, many homebuyers fail to set a specific price ceiling for the home they can afford. When hunting for homes, ask your lender to discuss closing costs with you – beyond a simple down-payment, there are often other fees associated with getting a loan and can add up quickly.

Inspections, title insurance, and legal fees should all be a part of your budget planning process from the beginning. There’s nothing more upsetting than having an offer accepted and finding out that you can’t pull the cash together to seal the deal.

Skipping the Pre-Purchase Home Inspection

Skimping on your home inspection could seem like a money-saver, but could end up costing you a bundle in future home repairs. You may feel that the money for the inspection would better serve you as part of the down payment, but don’t be tempted to skip it. No matter how nice the house looks, or what the sellers tell you about its condition, always get a house inspected before you buy it. There are so many little details (and potentially major problems) that only a trained professional can spot.

Even if you’re willing to overlook some problems, it’s better to know exactly what you are buying, including any possible issues. A thorough inspection usually costs a few hundred dollars and is worth every penny.

Opting Against A Home Protection Plan

In the event that your home inspector misses a repair or issue with the home prior to your purchase, you can be left with huge repair bills for an unanticipated issue. A home protection plan, which you can arrange through your real estate agent or mortgage company, is a short-term insurance plan to hedge against just this sort of unforeseen issue – usually for a period of one year from the closing date. While they don’t cover every issue of a home, it offers peace of mind and costs are low. The benefits, should you need them, can help.

Failing to Hire a Real Estate Agent

With so many resources for finding homes for sale online, it can be tempting to go it alone. But without a qualified Realtor by your side, you are making yourself vulnerable to being taken advantage of, or not understanding everything in the contract. No one knows the housing marketing or what factors go into a home’s value like a professional real estate agent. When they specialize in the area in which you are looking, a Realtor is familiar with factors like the age of the homes in certain communities, market value, school ratings, traffic and commute details, and accessibility to shopping or public transportation.

All buyers have access to the same real estate websites that you do. As a result, in many markets, homes that show up through these mediums can be snatched up before you can schedule a visit. But with a good agent on your side, you may be shown homes that haven’t even hit the market yet. Armed with your specific requirements, the right agent can have you open the front door for a walk-through before other buyers even know about the property.

 

At Karen Cannon, Realtors, every agent on our team has been carefully chosen for his or her professionalism, industry knowledge, and connection to the community. We connect buyers and sellers better than anyone because we often know about homes for sale prior to listing. Let us be your advocate throughout the home buying process and help you avoid these common mistakes. We’ll save you time and money, and help you find the home that is perfect for you.

Get started today by exploring Dunwoody real estate, Sandy Springs real estate, and Chamblee real estate.

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Why Professional Photography Is Important When Selling A Home

We’ve all heard the old saying “A picture is worth a thousand words.” And, in real estate, pictures make a huge difference in how quickly you sell your home. Now, thanks to the continued advancement of technology, buyers can have an intimate look into your home they are interested in without ever leaving their couch. And buyers are doing their research, more now than ever before. They are filtering through sites based on location, prices, school districts, square footage, etc. Once they have narrowed down their search to their liking, they are immediately flipping through photos.

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Often, the photos are what’s piquing a buyer’s interest in your home and prompting them to take the next step in contacting their real estate agent. That is why it is important to work with a real estate agent in getting professional photography done before putting your home on the market. Your agent should have the expert knowledge and connections to professional photographers to produce images that resonate and appeal to sellers. And the more photos the better, so choosing one or two won’t do the trick! At Karen Cannon, Realtors, we work with the best real estate photographers that have an eye for the right angles, best lighting and provide high-quality photos to capture the best features of your home.

Homes with more photos sell faster, which makes sense because buyers are doing more research than ever before. The more buyers can find ahead of time, the better your chances of getting your home sold quickly. According to the National Association of Realtors 2017 study, Homes with one photo spent an average of 70 days on the market, but a home with 20 photos spent 32 days on the market. Not only do professional photographs help you sell your home quickly, but it can also help you get a better deal, too. For homes in the $200,000-$1 million range, those that include high-quality photography in their listings sell for $3,000-$11,000 more.  

And we’re putting an emphasis on the words professional photography because you need high-quality photos. While there are plenty of great HGTV shows with useful information out there, nothing can replace the quality and direction of an agent and a professional real estate photographer. It is often the first impression that buyers have of your home before stepping foot onto the actual property. In fact, 89% of buyers who used the internet to aid their home search found the photos to be very useful. Your agent will have referrals to photographers that specialize in real estate that they have worked with personally.

As time goes on and technology continues to advance, online platforms and visual tools become more robust allowing home buyers more and more insight into a home before ever connecting with the seller or agent. At Karen Cannon, Realtors, we stay on top of the latest trends and constantly look for innovative marketing techniques to help sell our clients home quickly. We take it to the next level with 3D Virtual Tours to let a buyer walk through your home no matter their location.

At Karen Cannon, Realtors, we are local real estate experts for Dunwoody, Sandy Springs and North Atlanta.  We live, work and play here, and our agents are hand-picked for their connections in the community. Our clients know about homes coming on the market before anyone else.  And our highly effective marketing program allows us to shorten the number of days on the market. We’ve even put homes under contract sight unseen!

If you are thinking about selling your home, or are interested in moving into Dunwoody, Sandy Springs or the surrounding areas, call us at 770-352-9658.