Milton Insider: Volume 1, Issue 1

Page 1

MILTON

INSIDER

VOL. I, ISSUE I

MARKET STATS | 30004

The Milton real estate market may be slowing down, but it remains strong, and homes are still yielding high sales prices. Research shows that while buyers looking for homes are fewer, those looking to buy are ready and making solid, competitive offers. The due diligence and inspection periods, although short, are now back. Milton’s appeal is strong, with buyers purchasing homes off the market and coming from Buckhead, Brookhaven and all over the country. Sincerely,

Real Estate Snapshot

30004, All Property Types

Change since this time last year.

10.24 %

17.53%  Median Sales Price Average Sales Price

13.83%  14.68%  Median List Price of Sold Listings Average List Price of Sold Listings

For a more comprehensive market perspective of 30004, scan here

Source: Statistics presented in the Market Report are compiled based on figures and data generated by IDC Global and Datafloat.

Six Bridges Brewing + Crabapple Taproom

1850 HERITAGE WALK

Buzzed Bull Creamery

12660 CRABAPPLE ROAD

Liquid nitrogen-infused ice cream and milkshakes with and without alcohol. All ages encouraged!

MILTON

Parks

Milton City Park and Preserve

1785 DINSMORE ROAD

The site of the former Milton Country Club is now the City of Milton Community Center and offers a natural trail that winds through the 137-acre property.

Bell Memorial Park

15245 BELL PARK DRIVE

Consists of two trails, including one that’s ADA-compliant, winding through the Mark Law Arboretum.

Birmingham Park

750 HICKORY FLAT ROAD

Offering 3.3 miles of newly rehabbed trails – wider, cleaner and safer – through meadows and woods.

Providence Park

13440 PROVIDENCE PARK DRIVE

Features 42 acres, two wooded hiking trails and Providence Lake.

New York Butcher Shoppe & Wine Bar

12635 CRABAPPLE ROAD

Premium cuts, specialty meats, food and wine selections

NEW BUSINESSES IN
MILTON

MORTGAGE UPDATE

In early June, rates had been trending down, reaching a low of 5.09 percent, according to Freddie Mac. News of higher-than-expected inflation and a 75 basis point rate hike from the Federal Reserve pushed mortgage rates back up. As of July 5, 2022, rates remain elevated but are not as volatile as they have been over the past couple of weeks.

The rate that the Fed controls is the federal funds rate. Mortgage rates are not directly influenced by the federal funds rate, but they often trend up or down in anticipation of Fed policy decisions and how those decisions might impact the broader economy.

Historical 30-Year Fixed Mortgage Rates since 1972

type Average rate today 30-year fixed 5.16% 20-year fixed 4.60% 15-year fixed 4.28% 7/1 ARM 4.80% 5/1 ARM 4.49% 30-year FHA 4.25% 30-year VA 4.53% Accurate as of 7/5/2022 1972 1976
Mortgage
Data from Freddie Mac: freddiemac.com/pmms/pmms30
Median Rate of the Last 50-Years 18 16 14 12 10 8 6 4 2 0 7.72% 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016 2020

3

5

7 14 22 29

Alpharetta Farmers Market

8:30 a.m. - 1 p.m., Saturdays, Recurring

Town Green at City Center, Alpharetta

Crabapple Fest

10 a.m. - 5 p.m., Saturday

Crabapple Road, Milton

Grilling & Gridiron

1:30 p.m.- 4 p.m., Saturday

Downtown Alpharetta

LiveLOUD Concert

6 p.m. - 10 p.m., Saturday

The Green at Crabapple Market

17th Annual Scarecrow Harvest

9 a.m., Monday, through November 1

Downtown Alpharetta

Picnic on The Green

6 p.m. - 8 p.m., Wednesday

The Green at Crabapple Market

Wire & Wood Alpharetta Music Festival

5 p.m. - 11 p.m., Friday & Saturday

Downtown Alpharetta

Shop, Sip & Stroll

3 p.m. - 7 p.m., Friday

The Green at Crabapple Market

Boo Bash at Wills Park

4 p.m. - 9 p.m., Saturday

Alpharetta Community Center

Carvin’ in Crabapple

2 p.m. - 5 p.m., Saturday

Broadwell Pavilion, Crabapple

Trick or Treat at Avalon

10 a.m. - 12 p.m., Saturday

Avalon, Alpharetta

Halloween Tailgating | UGA vs. Florida

2 p.m. - 8 p.m., Saturday

The Green at Crabapple Market

Discovery Day Kids Club

10 a.m. - 12 p.m., Wednesday, Recurring

Halcyon, Alpharetta

5 4

16 17 20

2 3 2 10 31

Dino Safari ... A Walk Thru Adventure

11 a.m. - 8 p.m., Friday

North Point Mall, Alpharetta

Veteran’s Day Breakfast

8 a.m. - 9 a.m., Saturday

City Hall, Milton

Picnic on The Green

6 p.m. - 8 p.m., Wednesday

The Green at Crabapple Market

A Charlie Brown Christmas

7 p.m. - 9 p.m., Thursday & Friday

Alpharetta Arts Center

Avalon on Ice & The Lighting of Avalon

Begins 12 p.m., Sunday

Avalon, Alpharetta

Season of Celebration

Tree Lighting & Food Drive

5 p.m. - 9 p.m., Fridays, Recurring

Town Green Alpharetta City Hall

Christmas in Crabapple & Tree Lighting

2 p.m. - 6 p.m., Saturday

Broadwell Pavilion, Crabapple

Pancakes with Santa

8 a.m. - 10 a.m., Saturday

Fire Station 44: 13690 Hwy 9, Milton

Avalon’s Noon Year’s Eve Party

10 a.m. - 1 p.m., Saturday

The Hotel at Avalon & Alpharetta Conference Center

Milton + Crabapple EVENTS 1
October November December

HABACHY DESIGNS + ATELIER

LUXURY INTERIOR DESIGN SERVICES
Professional interior designer Michael Habachy shares his top luxury trends inspired by nature. Visit habachydesigns.com for more.

CUSTOM-WOOD AND IRON DRAPERY HARDWARE

DAWN OG TASSEL CHANDELIER

INSPIRED BY EQUESTRIAN TAIL PLAITING, THE FIXTURE CAN BE CUSTOMIZED AND IS CRAFTED FROM A RANGE OF LINEN FIBERS, PATINATED SOLID BRASS, AND WOOD FINISHES.

BURL NESTING BOWLS SET

MOLDED AND NATURAL- EDGED BRONZE BOWLS DESIGNED BY BRIAN CHAABAN. AVAILABLE IN A RANGE OF ENTICING PATINAS.

THE TIRED MAN CHAIR COVERED IN SHEEPSKIN, THE CHAIR IS CHARACTERIZED BY ORGANIC, BEARLIKE SHAPES AND ITS CURVED FORM AND VOLUMINOUS ARMRESTS.

WILDER SIDE TABLE

BRONZE GLASS TOP AND NATURAL CAST BRONZE ROOT-INSPIRED TABLE BASE. THE MAKER USES A NEARLY 6,000-YEAR-OLD METHOD KNOWN AS LOST-WAX CASTING.

CAST BRONZE & ALABASTER WALL SCONCE

NAMI CABINET

NAMED AFTER THE JAPANESE WORD FOR WAVE, THE NAMI COLLECTION SHOWCASES BRONZEWORK IN THE FORM OF SWELLING SURF.

GIAC CHAIR

THE DINING CHAIR IS CAST WITH A SINUOUS WROUGHT FRAME WHICH IS A NOD TO THE WORK OF THE LATE SCULPTOR, GIACOMETTI.

SCULPTURAL STICK ART BY KRISTIN GENET
INSPIRED BY NATURE
1125 Sanctuary Parkway, Suite 400, Alpharetta, Georgia 30009 $400M+ Total Sales $72 Million Sold in 2021 $58 Million Sold in Milton in 2021 No. 1 Large Team, Volume North Atlanta Office Voted No. 1 Real Estate Team in North Atlanta, Appen Media Stagers REALTOR® of the Year (USA/Canada), Real Estate Stagers Association Top 10 Luxury Real Estate Agent, ATLANTAN Magazine Top Agent in Atlanta, Atlanta Magazine Certified Luxury Home Marketing Specialist, CLHMS JENNY DOYLE c. 404.840.7354 o. 770.442.7300 jennydoyle@atlantafinehomes.com thejennydoylegroup.com | sir.com Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Atlanta Fine Homes, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies. Brokerage Office: 1125Sanctuary Parkway, Suite 400, Alpharetta, Georgia 30009 Visit The Jenny Doyle Group in Downtown Milton at: 945 Mid Broadwell Road Milton, Georgia 30004 View our current active and off-market listings at thejennydoylegroup.com

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