Forsyth County and Cumming Georgia wealth rising! |
Great news for Forsyth County, GA!
The Forsyth County News reported on January 25, 2008 that Forsyth County Georgia ranks 13th in the list of wealthiest US Counties
Brian Dill of the Cumming-Forsyth Chamber of Commerce said "making the list is indicative of the rise in affluency that the community has experienced over the past five years."
What does this mean to us in terms of the Cumming Georgia real estate market? Well, John Clark of the Federation of Forsyth County Homeowners speculates that it could "help property values...
that it is appealing to a lot of homeowners."
This news is especially good for commercial and retail sectors as the level of disposable income increases. An example of this retail development will be seen in the new "Avenue Forsyth" in Cumming due to open its first phase in April 2008 at GA 400 and Exit 13. This development has been compared to the Forum Shops with higher end stores as well as Barnes and Nobles and AMC Movie Theatres.
How does this affect Cumming GA real estate? Forbes said "the more a county is recognized for its wealth, the more people want to move there." Forsyth County has been on the top ten list of fastest growing counties in the nation as well and people relocating to the area who read this information may be thinking, this is something I'd like to be a part of. Many home buyers and sellers are looking towards Forsyth County Georgia and Cumming Georgia in particular.
Help the economy, buy a house!
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