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Rent to Own Homes in Georgia
Full of Southern charm, lush foliage, historic mansions and captivating islands, Georgia is compelling and welcoming. Nestled between Florida to the south and South Carolina to the north, Georgia has its own charisma, from thriving Atlanta to historic, mystique-filled Savannah.
North Georgia mountains and exciting rivers are just an hour’s drive from Atlanta, providing... Read More
Full of Southern charm, lush foliage, historic mansions and captivating islands, Georgia is compelling and welcoming. Nestled between Florida to the south and South Carolina to the north, Georgia has its own charisma, from thriving Atlanta to historic, mystique-filled Savannah.
North Georgia mountains and exciting rivers are just an hour’s drive from Atlanta, providing plenty of recreation for adventure-seekers and scenery-watchers alike. Atlanta offers its own delights and excitement, though, with many Fortune 500 companies, high-rise towers, universities, professional sports teams and media outlets. As the state capital, Atlanta is also home to many state agencies and professionals, including Georgia state legislators and executives such as the governor and secretary of state. Due to Atlanta’s favorable location and superb international airport resources, Delta Airways locates its headquarters in Atlanta. The city’s Hartsfield-Jackson International Airport is not only the busiest airport in the United States, it is also the busiest airport in the world.The below results are primarily rent to own homes in :
Full of Southern charm, lush foliage, historic mansions and captivating islands, Georgia is compelling and welcoming. Nestled between Florida to the south and South Carolina to the north, Georgia has its own charisma, from thriving Atlanta to historic, mystique-filled Savannah.
North Georgia mountains and exciting rivers are just an hour’s drive from Atlanta, providing... Read More
Full of Southern charm, lush foliage, historic mansions and captivating islands, Georgia is compelling and welcoming. Nestled between Florida to the south and South Carolina to the north, Georgia has its own charisma, from thriving Atlanta to historic, mystique-filled Savannah.
North Georgia mountains and exciting rivers are just an hour’s drive from Atlanta, providing plenty of recreation for adventure-seekers and scenery-watchers alike. Atlanta offers its own delights and excitement, though, with many Fortune 500 companies, high-rise towers, universities, professional sports teams and media outlets. As the state capital, Atlanta is also home to many state agencies and professionals, including Georgia state legislators and executives such as the governor and secretary of state. Due to Atlanta’s favorable location and superb international airport resources, Delta Airways locates its headquarters in Atlanta. The city’s Hartsfield-Jackson International Airport is not only the busiest airport in the United States, it is also the busiest airport in the world.The below results are primarily rent to own homes in :
Buying a Home in Georgia?
Georgia’s real estate market is varied, with Atlanta’s metropolitan area representing the state’s largest housing market. Statewide, the median home value is $141,900, and the median rent price is $1,150. The average selling price of a home in the state is $124,117. In any given month, about 6,800 single family homes and 1,041 condominiums and townhouses are sold in the state.
In the Atlanta region, median home prices are higher at $185,300. That Atlanta median price reflects a 9 percent year-over-year increase. The region’s average sales price is also on the rise, jumping 6.4 percent to $231,992. In spite of these higher-than-average prices, house hunters in the Atlanta area have a wide array of options, with nearly 25,000 homes on the market.
In Chatham County, including historic Savannah, homes are listed for an average of $190,570 and sell for an average of $184,563. There are about 142 single family homes on the market throughout the county.
Popular Neighborhoods in Georgia?
The state overflows with compelling cities and picturesque neighborhoods. The state’s most popular cities are Atlanta, Columbus, Augusta, Macon, Savannah and Athens. Popular neighborhoods in Atlanta include the affluent Buckeye and Druid Hills neighborhoods while Midtown is perfect for young professionals and families, artists and retirees.
Similarly, the Midtown neighborhood of Columbus is a local favorite, as is the Riverwood Plantation subdivision in Augusta. Macon’s College Hill neighborhood has abundant character and convenient access to parks and Mercer University, and Five Points, Downtown and Cobbham neighborhoods provide easy access to University of Georgia in Athens. Of course, the historic districts are the most coveted of Savannah’s neighborhoods, but Midtown is full of charm, peaceful streets and walkable shops, eateries and entertainment.
Other popular cities in Georgia include John’s Creek, Alpharetta, Roswell, St. Simons, Dunwoody and North Decatur.
Buying vs. Rent to Own Homes?
If you are looking for a more relaxed home-buying experience, a rent-to-own option may be a good alternative for you. With rent to own homes, financial and credit requirements are often more lax, and a down payment isn’t required until the end of the process. This gives you time to build up a down payment, improve your credit rating and spend down your credit card debt. While you will often pay a small option fee to get the ball rolling, that option fee is often credited to your eventual down payment. In addition to the financial benefits of renting to own, the process also eliminates some of the frustrations of conventional home purchases. Because you’re not waiting for escrow to close, you can usually move into your new home right away instead of the 30- to 90-day lag involved in escrow and title processes.
Cost of Living in Georgia?
Residents of Georgia enjoy a very affordable cost of living, paying just 92 cents on essentials for every dollar that other Americans spend. While some expenses like groceries are slightly pricier than the national average, other living expenses are more economical. Housing is the most affordable, 25 percent less expensive than in the rest of the country. Health care costs,are 3 percent below the national average, and utilities are 2 percent more affordable. Transportation is equal to the national average.
If you’re looking for areas of Georgia with the most affordable cost of living, you’re in luck because there are several economic communities. These budget-friendly cities include Warner Robins, Hinesville, Perry, Grovetown and Canton.
Eminently livable, Georgia is a verdant, welcoming state with bustling cities and robust industries. Diverse landscapes, a strong economy, affordable housing and low cost of living are just a few of the state’s advantages. Georgia’s top industries include its ever-growing financial sector. The industry is so strong, in fact, that Georgia financial institutions process 70 percent of all financial transactions made in the United States. Many other industries are also represented here, with Georgia serving as the headquarters for companies like CNN, Coca-Cola, The Home Depot and UPS.
With these varied business opportunities, Georgia is lucky to have an extremely affordable cost of living that is 8 percent less than the national average. Housing is even more affordable and attractive, costing just 75 percent of the U.S. norm. These economical homes are located throughout the state, in comfortable towns like Athens and Macon and neighborhoods like Midtown in Columbus and the Victorian Historic District in Savannah.
Summary
Eminently livable, Georgia is a verdant, welcoming state with bustling cities and robust industries. Diverse landscapes, a strong economy, affordable housing and low cost of living are just a few of the state’s advantages. Georgia’s top industries include its ever-growing financial sector. The industry is so strong, in fact, that Georgia financial institutions process 70 percent of all financial transactions made in the United States. Many other industries are also represented here, with Georgia serving as the headquarters for companies like CNN, Coca-Cola, The Home Depot and UPS.
With these varied business opportunities, Georgia is lucky to have an extremely affordable cost of living that is 8 percent less than the national average. Housing is even more affordable and attractive, costing just 75 percent of the U.S. norm. These economical homes are located throughout the state, in comfortable towns like Athens and Macon and neighborhoods like Midtown in Columbus and the Victorian Historic District in Savannah.