Get on the VIP List at The Gates at King Springs – Waters Edge Group’s Newest Cobb County Townhome Community

In the market for a new home?  Check out Waters Edge Group’s newest community of The Gates at King Springs   featuring gorgeous well-appointed townhomes. The community will have 26 homesites featuring three and four bedroom townhomes featuring luxury finishes, hardwood floors, fireplaces, 2 car oversized rear-entry garages plus oversized private decks. [photo shown of like home]

To join the VIP List and receive the latest information on this new community; call Rene at 678-578-6816.

Why buy a new home now?

According to a recent article in Housingwire.com ” As rent prices continue to rise, a new study shows Millennials are paying about 45% of their total income toward rent, and pay out close to $100,000 toward rent before they turn 30.” Buying a new townhome will cost about the same or less in monthly payments and you will build equity in your home. 

But a survey from Zillow shows that while mortgage payments are more affordable on average than monthly rent payments, renters are struggling to buy a home due to perceived down-payment barriers. In 2017, rent increased 3.1% with higher increases seen in certain major metro areas, according to data from Trulia. Overall, rent has increased 19.6% since the end of 2012. 

 

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