100 Roswell Condos and Townhomes Sold

Time for a little mid-year recap for the Roswell condo and townhome market. We covered Roswell homes previously. For the first six months of 2010, 100 Roswell condos and townhomes sold, with the highest price being $493,000 for a great townhome in Wisteria Parkside to $46,000 for a Roswell condo in River Mill.

Of the 100 Roswell condos and townhomes that sold this year, the average sales price was $194,000 and took an average of 103 days on the market to sell. This compares with 59 Roswell condos and townhomes sold in the first six months of 2009, which equates to a 69% increase over the same period in 2009.

The top selling Roswell townhomes and condos so far in 2010 are:

• Creekside At Mansell

• Heritage at Roswell

• Holcomb Crossing

• Overlook at Centennial

• Views at Coleman Village

• Orchards Of Roswell

We’ll be back next month to update you on the Roswell real estate market in July. In the meantime, if you’re thinking about buying a Roswell condo or townhome in the second half of 2010, be sure to email your Roswell real estate team or call us at 770-874-6383.

In the meantime, you can search for all the Roswell homes for sale right here.

466 Roswell Homes Sold

Time for a little mid-year recap for the Roswell real estate market. First up, will be single family homes. For the first six months of 2010, 466 Roswell homes sold, with the highest price being $1.4 million for a lovely riverfront estate in Horseshoe Bend to $57,000 for a 2 bedroom/1bath fixer-upper home.

Of the 466 homes that sold in the first half of 2010, the average sales price was $353,571. Average days on market was 87 days, which is actually great compared to many parts of metro Atlanta. During the first half of 2009, 365 Roswell homes sold, which equates to a 27.7 % increase when comparing the first six months of 2010 with 2009. That’s obviously great news.

The top selling Roswell neighborhoods so far in 2010 are:

• Barrington Farms
• Brookfield Country Club
• Edenwilde
• Heatherton
• Horseshoe Bend
• Martins Landing
• Saddle Creek
• Westchester
• Willow Springs

We’ll be back later this week to cover the top-selling Roswell condos and townhomes for the first six months in 2010. In the meantime, if you’re thinking about buying a Roswell home in the second half of 2010, be sure to email your Roswell real estate team or call us at 770-874-6383.

In the meantime, you can search for all the Roswell homes for sale right here.

Roswell named one of the best places to live

The City of Roswell was recently named as one of the best places to live in the United States by Money Magazine. Roswell was the only Georgia city to make the list. Roswell came in at number 76 out of 100 cities with populations between 50,000 and 300,000 residents. Roswell was also ranked number 24 on the list as one of the top-earning towns in the country with a median income of $113,750.

Roswell Mayor Jere Wood said he is pleased with the ranking but not surprised. “They got it right. Roswell does have some of the best public schools in the state, the lowest crime rate in the region, a family friendly environment, and great community events. It’s easy to understand why families flock to Roswell.”

Money Magazine wrote, “Historically rich Roswell is committed to a family-friendly environment. Residents love their many public events, including the monthly Alive After Five summer festival, with plenty of food, shopping and live music.”

In ranking cities for the top 100, Money Magazine used data on income, housing, education, quality of life, crime statistics, leisure and culture, the tax rate, and weather.

2010 Hospitality Highway Century Race

July 11, 2010
5:30 am	to	12:00 pm

Be a part of history as GA 400 is temporarily closed for the inaugural Hospitality Highway Century to benefit the Georgia Transplant Foundation!

The ride starts at exit 7 of Georgia Route 400, and will wind through Sandy Springs, Milton, Roswell, Johns Creek, Alpharetta, and other scenic areas of North Fulton.

There are 8-mile, 25-mile, 63-mile, and 100-mile options. Registration is $40 ($45 if received after July 4th, including day of event) and includes a t-shirt, food, water and full mechanical support along the route. The ride is open to anyone 14-years of age or older.

The start/ finish point is located in the former Home Depot parking lot, next to the Publix, in the Kings Market shopping center, in Roswell. The exact address is:

1425 Market Blvd
Roswell, GA 30076

• Registration for all riders will open at 5:30 a.m.
• Anyone who arrives after 6:00 a.m. will not be allowed to ride on Ga. 400.
• Exiting the start point and entering Ga. 400:
  • Take a right onto Market Blvd.
  • Turn left onto Holcomb Bride Rd.
  • Turn left onto Ga. 400 South
• All persons involved with the ride – cyclists, fans, volunteers, staff, etc. – should only park their vehicles in the former Home Depot parking lot, NOT in front of Publix. Additional parking will also be available in the former Comp. USA parking lot, located off of Market Blvd., in the same shopping center.

All proceeds benefit The Georgia Transplant Foundation.

Click here to register now.

Roswell Homebuyers – Homebuyer Tax Credit Extended

Roswell home buyers, you may yet get that homebuyer tax credit after all. This week, the Senate passed a bill to extend the $8,000 homebuyer tax credit until September 30th. It now goes to President Obama, who is expected to sign the bill. The bill was overwhelmingly approved by the House on Tuesday. The deadline had been June 30th to close on the property.

After a close brush with the deadline, Congress passed an extension of the Homebuyer Tax Credit closing deadline, the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts in place as of April 30, 2010 that have not yet closed. The legislation is designed to create a seamless extension and the new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30th and the date the President signs the bill into law.

Before you get too excited, the bill doesn’t help anyone currently shopping for a home. Buyers must have signed a contract by April 30th to qualify for the tax break. At issue is when the deal must be finalized.

Repeat home buyers also have until September 30th to close on new homes and receive a tax credit of up to $6,500.

Congress has been trying to pass the extension for the last month, but it got caught up in the usual Washington politics. The extension is estimated to raise the deficit by $9 million.

An estimated 200,000 people have missed out on the tax credit because they wouldn’t have been able to close by the end of business Wednesday. Many are trying to take advantage of short sales, which are complicated deals to complete.

Contact us for all of your Roswell real estate needs. We are local market experts and continue to find great deals for our clients.

The Georgia Water Stewardship Act

Outdoor Water Use Information

The Georgia Water Stewardship Act went into effect statewide on June 2, 2010, and it affect everyone who lives in Roswell, Georgia. It allows daily outdoor watering for purposes of planting, growing, managing, or maintaining ground cover, trees, shrubs, or other plants only between the hours of 4 p.m. and 10 a.m.

The following outdoor water uses are also allowed daily at any time of the day by anyone:

• Commercial agricultural operations as defined in Code Section 1-3-3;
• Capture and reuse of cooling system condensate or storm water in compliance with applicable local ordinances and state guidelines;
• Reuse of gray water in compliance with Code Section 31-3-5.2 and applicable local board of health regulations adopted pursuant thereto;
• Use of reclaimed waste water by a designated user from a system permitted by the Environmental Protection Division of the department to provide reclaimed waste water;
• Irrigation of personal food gardens;
• Irrigation of new and replanted plant, seed, or turf in landscapes, golf courses, or sports turf fields during installation and for a period of 30 days immediately following the date of installation;
• Drip irrigation or irrigation using soaker hoses;
• Hand watering with a hose with automatic cutoff or handheld container;
• Use of water withdrawn from private water wells or surface water by an owner or operator of property if such well or surface water is on said property;
• Irrigation of horticultural crops held for sale, resale, or installation;
• Irrigation of athletic fields, golf courses, or public turf grass recreational areas;
• Installation, maintenance, or calibration of irrigation systems; or Hydro seeding.

Outdoor water use for any purposes other than watering of plants, such as power washing or washing cars, is still restricted to the current odd/even watering schedule.

• Odd-numbered addresses can water on Tuesdays, Thursdays and Sundays.
• Even-numbered and unnumbered addresses are allowed to water on Mondays, Wednesdays and Saturdays.

For tips regarding Water Conservation go to www.conservewatergeorgia.net.

We hope you will join us as we continue to strive toward greater water efficiency and conservation to help sustain our water resources. For information on outdoor watering or restrictions, call 770-641-3707 or email waterefficiency@roswellgov.com.

Roswell Fourth of July Plans?

July 4, 2010
6:00 pm	to	10:00 pm

11th Annual Roswell July 4th Extravaganza

Fireworks

Show your patriotism by celebrating our Country’s Independence Day in Roswell with entertainment and a breathtaking fireworks display. This year’s July 4th Fireworks Extravaganza will take place at Roswell High School located on King Road off of SR 92.

Entertainment begins at 6 p.m. and includes the following performances:

* Back Trax at 6 p.m.

* Banks & Shane at 7:30 p.m.

Moby, a popular local radio personality, will emcee the event and there will be activities for the children. At dark, a beautiful 30-minute fireworks display will be the highlight of the evening.

Bring your chairs, blankets and picnics for an old fashion family outing. Concessions by Millers Ale House and Restaurant will be on hand to purchase. Children carnival and inflatable activities will be available at a nominal fee.

For more information, call 770-641-3705. Roswell High School is a drug, alcohol and tobacco free zone.

Roswell Alive After Five

June 17, 2010
5:00 pm	to	9:00 pm
July 15, 2010
5:00 pm	to	9:00 pm
August 19, 2010
5:00 pm	to	9:00 pm
September 16, 2010
5:00 pm	to	9:00 pm
October 21, 2010
5:00 pm	to	9:00 pm

Historic Canton Street will be “alive” on Thursday, June 17 as the 2010 Alive After Five street party kicks off from 5-9 p.m in Roswell, Georgia. Live music, food, displays and shopping make this event a fun and family friendly break during the busy work week. Alive After Five occurs the third Thursday of every month from April-October. Trolley shuttles from the parking lot of City Hall are available free of charge.

Shops and restaurants offer discounts and specials, and live music plays throughout the district. A free trolley will transport participants to all event locations. A collaboration with the Historic Roswell Merchants’ Association. Here’s the list of musical performances.

DATES	HEART OF ROSWELL	PLUM TREE VILLAGE	ECLECTIC FINDS/SWEET PEA COTTAGE
MAY 20	Harm’s Way	Men In Blues	Gwen Hughes
JUNE 17	Pet Rock	Bandwidth	Wax Poets
JULY 15	Mike Watson	BackTrax	Housebroken
AUGUST 19	James Henley	Bone Rockers	Mike Watson
SEPTEMBER 16	Robbie Ducey	Pet Rock	Flyer
OCTOBER 21	Wax Poets	Harm’s Way	700 South

Roswell’s Riverside Sounds concert series

May 1, 2010
7:00 pm	to	9:00 pm
June 5, 2010
7:00 pm	to	9:00 pm
July 3, 2010
7:00 pm	to	9:00 pm
August 7, 2010
7:00 pm	to	9:00 pm
September 4, 2010
7:00 pm	to	9:00 pm
October 2, 2010
7:00 pm	to	9:00 pm

Roswell’s Riverside Sounds concert series will kick off on Saturday, May 1st with this year’s theme “The Southern Shuffle,” an unexpected and eclectic mix of southern sounds.

These free monthly outdoor concerts are held at Riverside Park, 575 Riverside Road, May thru October from 7-9 p.m. on the first Saturday of each month.

This year’s line-up includes:

May 1st – Webb Wilder and the Beatnecks

June 5th – The Brilliant Inventions

July 3rd – The Packway Handle Band

August 7th – Randall Bramblett Band

Sept 4th – Heather Luttrell

Oct 2nd – Marshall Ruffin Band

New reserved parking passes on sale, $30 per vehicle for a 6-concert season. A limited number are available for purchase at City Hall, 38 Hill Street, Suite 100.