The housing market continues to remain strong with low-interest rates enticing buyers to buy new homes. With this impressive rise in demand comes a shortage in supply and limited new construction opportunities available on the market. Fortunately, top Atlanta home builder The Providence Group is currently selling homes throughout popular intown and metro Atlanta areas including sought-after Gwinnett County.
“The lack of housing inventory is an issue all over Atlanta, but it is particularly acute in Gwinnett County where the months of supply for all housing stock above $200,000 is only .6 months,” MarketNsight President and housing analyst John Hunt said. “For the market to be at equilibrium (6 months of supply), we would need an additional 6,483 homes above $200,000 for sale right now. Good luck trying to put that many lots on the ground in today's regulatory environment.”
Over the past several years, Gwinnett County has experienced phenomenal growth, much of which can be attributed to its recent expansions, quality school systems, big-city conveniences and variety of home options. In fact, Niche ranked multiple Gwinnett County cities among its 2020Best Places to Buy a House in the Atlanta Area including Sugar Hill, Berkeley Lake, Grayson, Dacula and Suwanee.
With everyone spending more time at home, buyers are looking for spaces built for today’s lifestyles within community-driven neighborhoods. A new construction home offers the chance to personalize a home to fit a homebuyer’s specific needs.
The Providence Group is proud to offer a solution to the current housing scarcity with four new Gwinnett Countycommunities in Suwanee and Duluth. Each community offers a true “live, work, play” environment with access to nearby parks, mixed-use developments and historic downtowns that offer charming small-town feel among the area’s rapid growth.
Looking for carefree townhome living in Suwanee? Look no further than the charming, park-like community of Suwanee Towneship. Showcasing two and three-story townhome designs priced from the mid-$300,000s to mid-$400,000s, this gated community offers a laidback lifestyle within its own community Village Green featuring multiple park settings, a tree save area and fire pit for gathering with neighbors, family and friends. The community’s ideal location places the area’s great schools, parks and entertainment at homeowners’ doorsteps with North Gwinnett Middle, Sims Lake Park and SuwaneeTown Center just minutes away.
Showcasing both two-story townhomes and open-concept single-family homes priced from the mid-$300,000s, Ellington is a gated community consisting of 250 homesites designed with life in mind. With planned community amenities such as a cabana, pool and five pocket parks, homeowners will not have to travel beyond the community gates for fun. Additionally, Ellington is located within the Peachtree Ridge High SchoolDistrict and walkable to PeachtreeRidge Park, which sits on 154 acres and offers a paved walking trail, playground, pavilion and multiple athletic fields/courts.
Situated in the heart of Suwanee, vibrant, local living can be found at Harvest Park. This community of townhomes and single-family homes features award-winning designs and homes from the high $300,000s to mid-$400,000s. Residents enjoy exciting community amenities including a pool, cabana and neighborhood pocket parks. Perhaps the best part of living at Harvest Park is its fantastic location near Suwanee Town Center with its 10-acre park, interactive fountain, amphitheater for performances, community events and walking paths connecting to numerous restaurants, shops and office spaces.
Homebuyers looking to enjoy Main Street living in the heart of Duluth should look no further than Greysolon. Nestled in the city’s burgeoning downtown area, Greysolon is a community of 47 luxury townhomes set amidst open green spaces, grilling areas and a dog park. Newly released homesites offer even more opportunities for downtown townhome living. With HOA-maintained landscaping and lawn care, homeowners at Greysolon have plenty of time to explore the community’s local connection via the future MainStreet Trail, which will provide direct access to various boutiques and restaurants of downtown Duluth.
New home opportunities in Gwinnett County are going fast! To learn more or to schedule a private tour, visit www.TheProvidenceGroup.com/contact. For more information regarding new intown and metro Atlanta homes from The Providence Group, visit www.TheProvidenceGroup.com/new-homes.