6 northfulton.com
Sponsored Section • REAL ESTATE REPORT
June 2014
Public schools are important By: CARROLL CUNNINGHAM Strong public schools are an important facet of any housing market. The difference between a good elementary and a great elementary school can translate into thousands of dollars. Home buyers will stretch their budgets $10,000 to $15,000 more to get into an area where the schools have been ranked high academically. Good schools equate to a more vibrant community. If the real estate market is hot in a particular area… so is the local economy. It has been shown that there is a definite correlation between the school system and the real estate market. The Rand Corporation did a study for the city of Santa Monica, CA and found 4 major impacts made by the school system on the community. They were: Housing values, crime rate, tax revenues and civic participation. There was also strong evidence that the quality of education impacted the physical and mental health in the community. A one year increase in the average education levels showed a substantial reduction that same year in major crimes – 27% fewer murders; 30% fewer assaults and 20% fewer motor vehicle thefts. The study noted that a 1% increase in the average school district reading or math scores equated to a .5% to 1% increase in property tax revenue. The higher housing values, the higher the property tax revenues are for the community. Schools definitely impact our community. Another impact comes from our
community leaders. They must be made aware of a very dangerous term, “Student Mobility.” This refers to the phenomenon of students changing schools for reasons other than grade promotion. Frequent CUNNINGHAM movement of students from school to school puts those students at greater risk for academic and behavioral problems. Many drop-out students have been victims of frequent school change. Housing is the most important issue that must be addressed with this critical problem. Often times a family moves due housing being cheaper for the family. When this movement occurs, and schools end up with a 40 to 60% mobility rate, the quality of the education for all students in the system are impacted. Being a Principal and teacher for 30 years, I know how important schools are to the community. It is so essential for the community leaders, the school system and the real estate companies that operate in that community to work together to preserve high academic standards for our clients. We all must remember that students are clients; the citizens who live in our area are clients; and new buyers and sellers of homes are clients. They definitely deserve our cooperation in working together to give them an outstanding community in which to live, work and grow.
Fabulous Forsyth & Fulton County Locations! Live in One of These Prestigious Counties with Fantastic School Systems, Recreation and Much More! Fulton County Cedar Park
(Milton) 678-867-6782 Homes From the Low $600’s
Bethany Crossing Now Selling!
(Alpharetta) 678-867-6782 Homes From the $340’s
Briarcrest - Coming Soon! ManorView - Coming Soon! (Alpharetta) 770-205-8141 (Milton) 770-205-8141 Homes From the Mid $500’s
Forsyth County Waterstone Falls
(Cumming) 404-281-2400 Homes From the Low $500’s
Arbors at LakeView Now Selling!
(Cumming) 770-500-8635 Homes From the $310’s
Homes From the $280’s
Bridleton - Now Selling! (Suwanee) 770-344-7854 Homes From the $400’s
Marketplace Commons Coming Soon! (Cumming) 678-513-1481 Homes From the $270’s
Post Preserve
(Cumming) 770-205-8141 Homes From the Low $400’s
Ravens Ridge
(Cumming) 470-253-8825 Homes From the High $400’s
Edgebrook at James Creek (Cumming) 678-513-1481 Homes From the Low $300’s
The Summit at Shiloh
(Alpharetta) 470-253-8825 Homes From the Low $300’s
Seneca
(Cumming) 404-281-2400 Homes From the Low $400’s
(Cumming) 470-253-8825 Homes From the $350’s
Visit ryland.com for more information. RA1543
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In the Atlanta division, prices, plans and specifications are subject to change without notice. Photographs and or renderings are for illustrative purposes only. Information believed to be accurate but not warranted. See Sales Counselor for details and a complete list of HouseWorks® features. © 2014 The Ryland Group, Inc.
Historic Roswell attracts new development Roswell was recently voted the #1 city in Georgia because of its quality of life, cost of living and low crime index (source Movoto Real Estate Blog). Roswell is fast becoming the most vibrant and exciting city in Georgia. Anyone who has attended Alive After 5, the numerous art festivals, Roswell Cycling Festival or the annual Youth Day Parade would agree. Along with this excitement is a new development off Canton Street in Historic Roswell. Roswell Home Team (RHT), a partnership of Anne Chamberlin, Tricia Frame and Laura Hamling, has just closed the deal with their buyer, FrontDoor Communities, on the record sale of 16+ acres at 109 Goulding Place. This property will be developed as single family homes and townhomes with the historic mansion as its centerpiece. The character of the homes will be in keeping with the design and style of Historic Roswell. The location is in walking distance to all the amenities in the Historic District which provides a diversity of shops, restaurants and businesses. The City of Roswell is quickly becoming a walkable community: a livable, sustainable place that provides its residents safe transportation choices and improved quality of
life. Increased walkability benefits all ages & improves physical fitness and social interaction. Roswell plans for a walkable community through an accessible and connected network of sidewalks and multi-use trails. RHT is excited to bring their resources to their hometown of Roswell. They have already closed over $13m in sales in their first year as a team and have another $6m in listings & under contract this year. Chamberlin, Frame & Hamling have been involved in Real Estate in the Roswell area for over 30 years and are Million Dollar Club members. Their other interests and associations include serving on the City of Roswell Design and Review Board, Roswell Woman’s Club, PTA Boards, Child Development Association, STAR House, Meals on Wheels, Greater Atlanta Home Builders, Atlanta Board of Realtors and the National Association of Realtors. Our philosophy is simple: “We use our passion for and knowledge of Roswell to help our clients buy or sell their properties. We live and breathe Roswell.” For information on the Roswell area please contact Anne Chamberlin (678-427-1241) Tricia Frame (770855-0257) or Laura Hamling (404432-3973).