Guyton
Real Estate
Property Transfers: Government-backed loans for first-time homebuyers harder to secure
This article is the second in a three-part series examining the challenges for entry-level homebuyers. Part 2 focuses on loan availability. With average home prices rising across the tri-county coastal Georgia region to between $316,300 and $365,250, according to real estate website Zillow, buyers in the housing market are facing home prices 8-9%...
Property Transfers: 'Mortgage-lockup effect' impacts availability of homes on the market
This article if the first in a three-part series examining the challenges for entry-level homebuyers. In the market for your first home? Feel like even a smaller, entry-level house is out of reach? ...
SEDA, Georgia Tech team up for housing study amid area’s booming population growth
Coastal Georgia’s boom in new industries, coupled with its population increase, has forced local authorities to pause and take into account where the influx of newcomers holding these new gigs will lay their head at night. Chatham County alone, for example, has a housing deficit of 9,300-10,000 units, especially to support workforce housing for those making 60% to 120%. of area median income.
Forestar Realty Group eyeing property on Highway 119 for proposed 272 homes in Pembroke
Georgia Highway 119 is a two-lane byway that stretches 81 miles and veers into various parts of rural America, including Riceboro and Clyo. Pembroke carries a portion of the road and developers have taken notice of the vast terrain that sits just outside the city limit. It is eye candy...
Housing subdivision approval in Effingham County raises conflict-of-interest concerns
Residents in Effingham County expressed concern that County Commissioner Wesley Corbitt may have a conflict of interest when it comes to a new housing subdivision that is proposed for 29 acres of land sold by a church he helped found and still attends. The Effingham County Board of Commissioner’s approved...
With Fetzer Lakes development withdrawn, Pembroke city manager addresses housing needs, options
In mid-February, developer James Dasher of Fetzer Lakes LLC withdrew his application for the rezoning and annexation of land that would have ultimately produced hundreds of homes in Pembroke. However, with Hyundai Motor Group Metaplant America expected to have more than 8,000 employees by 2031, an increase in housing in...
‘You win some, you lose some’: Developer details withdrawal of proposed Pembroke development
Nearly three hours before a vote to deny or approve the rezoning of land for a large housing development in Pembroke, residents learned the developer, James Dasher of Fetzer Lakes LLC, withdrew his application. “We just didn't feel like council was ready to move forward with a project of this...
‘That’s a victory’: Residents celebrate application withdrawal for large housing development
Residents in Pembroke were shocked when they learned a developer withdrew an application for a proposed 800-home development near Wildwood Church Road. Mayor Tiffany Zeigler made the announcement at the city council meeting Monday night. According to Zeigler, the developer did not specify why the application was withdrawn. City Manager Chris Benson thinks the developer will have to wait six months before reapplying.
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