Wednesday, October 19, 2011

If There is a City, Will My Home Value Increase?

In today's economic environment this statement holds no water. Your values are going to be based on what someone is willing to pay for your home.  It's all a matter of supply and demand. One other thing to mention is location. In real estate we use the terminology location, location, location. In some instances, having a home inside the city limits will be a deterrent. I look to my friends who live in John's Creek, who are now wishing they were still unincorporated Fulton County.

The vote is on November the 8th.  The other item on the ballot the SPLOST (Special Purpose Local Option Sales Tax) It is a one cent sales tax that goes directly to the schools.  Invest in good schools.  Good schools will support your home values.

Posted By: Louie