Mortgage Rates in the 4’s Spurring New Home Sales – Find your new home at The Gates at King Springs in Smyrna

Many prospective homebuyers have been sitting on the fence to see where mortgage rates would go and if they would drop way down.  You can get off the fence because mortgage rates are now in the 4’s with today’s rate being between 3.5% for a 15-year fixed loan and at 4.00% for a 30-year fixed loan according to BankRate.com .

The demand for purchase mortgage applications grew higher as interest rates remain flat, Freddie Mac revealed in its latest Primary Mortgage Market Survey.  The survey showed that the 30-year fixed-rate mortgage averaged 4.08% last week, up from 4.06% the week before. However, it is much lower compared to 2018’s rate of 4.4%. Purchase mortgage applications demand rose to their second highest weekly increase over the past year due to an upsurge in refinance activity, according to Freddie Mac Chief Economist, Sam Khater.  Overall, mortgage demand climbed to the highest level since the third quarter of 2016.

So now is a great time to put that new townhome under contract for late spring or summer move-in dates.  Stop by The Gates at King Springs and tour their model home.

They have just opened Phase III and if you act fast you can still make your final design selections .  Need an incentive to get off the fence?  How about this special offer on move-in ready homes?  Get $10K that can be used any way you want on contracts written by 04/30/2019 plus $5K in closing costs with preferred lender.  Hurry…these homes will go quickly! The Gates at King Springs Homesites 2, 6, 23,24,25 READY NOW!!!

Events are going on year-round in the Smyrna area.  Taste of Marietta, one of the largest and tastiest events in Georgia, returns to the Historic Marietta Square on Sunday, April 28 from 11am-7pm. With an impressive variety of restaurants – some new to the event, along with past favorites – this year’s festival is sure to be better than ever. Nearly doubling in size over the past 10 years, Taste of Marietta has consistently been named a top festival in Cobb County.

Spring is in the air and that can only mean one thing in Atlanta: the Atlanta Dogwood Festival is back April 12th through April 14! The Dogwoods are in full bloom, and hundreds of artists from around the country will set up their tents for the 83rd Annual Atlanta Dogwood Festival.

An Atlanta staple for more than 80 years, there is something for everyone at the Atlanta Dogwood Festival at Piedmont Park in Midtown Atlanta. Virtually every kind of art imaginable is represented at the festival, with a nationally-renowned Fine Artist Market that includes sculpture, paintings, pottery, jewelry, photography and much more.

Great shopping and events can be found just down the road at Cumberland Mall and The Galleria and this great community is only four miles to Vinings Jubilee and is less than 2 miles from Smyrna Market Village, Belmont Village and the Silver Comet Trail. It is a quick walk to Tolleson Park.  Like to golf?  Check out the Fox Creek Golf Course just off Windy Hill Road.

If you do venture out of your neighborhood, it is only a few miles to hop on I-285 or I-75 and head to Atlanta, Midtown, Buckhead or Hartsfield Jackson Airport for business or pleasure.  With such easy access to major expressways, Smyrna is convenient to the very best of Atlanta and the commute to downtown Atlanta is a breeze.

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Award-Winning Schools

King Springs Elementary School was just awarded one of the 2018 Best Public Elementary Schools in America.  One of the first homeowners at The Gates at King Springs is a school principal in Georgia and the school was the winning reason why this family opted to live in this award-winning community. With an “A” rating, Kings Springs Elementary is in the top 100 of the best public schools in Georgia.

Homes from the high $300’s

3844 King Springs Road

Smyrna, Georgia 30082

Call Renee Hayden 678-578-6816 for an appointment today or email her at Renee.hayden@bhhsgeorgia.com.

*All photos shown depict similar product being built.