Johns Creek Homes and Real Estate
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Yeah...Atlanta will not be LA and Buckhead will not be BH. LA and New York and to a certain extent Chicago are cities that are known worldwide. Atlanta is not. I mean it's like people comparing UCI with UC Berkeley or UCLA...not even close to the same level.
Hmmm...average high of 84, 87, 86 in June, July and August and average lows between 28 and 31 between December and February. Average mean between 39 and 78.
http://www.weather.com/weather/wxclimatology/monthly/graph/USGA0650
Irvine on the other hand: Average highs between 63 and 71 for the whole year....average lows between 49 and 65 for the whole year with an average mean of 56 to 68...
http://www.weather.com/weather/wxclimatology/monthly/92697
I'm not getting it? I'm not the one making comparisons. I get that Atlanta metro county is growing but it's not Southern California...not even close.
Atlanta is growing at a faster rate than SoCal.
While I don't disagree that JC will see a rise in value, I have my doubts it will be as high as Irvine is. Even surrounding cities that have the same local pluses don't get as high as Irvine.
Would you move to JC? I would choose some other So Cal city before JC... and some other state before GA.
You understand that it would be very difficult for growth rate at an established locale like Southern California to be high. Growth rate is usually for rural areas where population is low. 2,000 increase in population for a city of 60,000 means a growth rate of 3.2 percent...a 2,000 increase for a city of 200,000 is 1%
Again...I seriously run in different circles. There are definitely materialistic people in OC but the bulk of the people I know in Irvine are people who work hard to give their family a good life. There are more single people in Irvine/OC as compared to Johns Creek which probably contributes to the materialism. I am pretty sure that people in Atlanta can get pretty materialistic.
HA!!
That's funny, Baby Irvine!!! I haven't heard that before. That reminds me. An Asian guy also once told me that Filipinos are the "Mexicans among Asians". I have no clue what the heck that means but it sounded kind of funny. (I didn't make it up, people, don't shoot the messenger.) The Italians among Asians thing was hilarious, though. Oy. Thanks for the laugh.
What am I looking at? There is a saturation point at which you can have more people...I mean it's pretty hard to sustain 20+% growth with an established metropolitan area like LA...I mean NY only went up 3.1%...is it going downhill? People should start selling their Manhattan properties because the end is coming. Seriously, it's not different than the GDP analysis. China, India, and Brazil all experienced double digit growth in GDP while the US are between 3-6 even in good times...it doesn't meant that 1) the US is now terrible and 2) that I should move to China, India or Brazil.
I mean, based upon that chart I should moved to Vegas. I mean 42% growth!
See...that's the other issue. I am not an investor in RE. I don't want to be an investor in RE. I just want to get a nice house in a nice area, pay it off, and save up for my retirement. If I was an investor in RE, I would go buy in the IE, Vegas, the Central Valley, all of which would net me a lot of money in the future without me having to fly cross-country. Or I can invest in funds/companies that are in the business of RE investment and not have to worry about the properties themselves.
Irvinecommuter
New member
Baby Irvine said:
Yeah...Atlanta will not be LA and Buckhead will not be BH. LA and New York and to a certain extent Chicago are cities that are known worldwide. Atlanta is not. I mean it's like people comparing UCI with UC Berkeley or UCLA...not even close to the same level.
panda
Well-known member
IHO,
JC is a real big medical community with Johns Creek Emory hospital. There are lot of Doctors / medical field professional who live here. Household income is about 12k higher than Irvine. IHO, it is humid in the summer, but not as hot as Dallas, Vegas, or Phoenix. Winters here have been unusally warm. We didn't have a day of snow in 2012 and 2011.
No beaches near by.. but 5 hours to Pensacola beach, FL and Kawaiah Island, SC. I think that these beaches are more beautiful than any OC beach.
JC is a real big medical community with Johns Creek Emory hospital. There are lot of Doctors / medical field professional who live here. Household income is about 12k higher than Irvine. IHO, it is humid in the summer, but not as hot as Dallas, Vegas, or Phoenix. Winters here have been unusally warm. We didn't have a day of snow in 2012 and 2011.
No beaches near by.. but 5 hours to Pensacola beach, FL and Kawaiah Island, SC. I think that these beaches are more beautiful than any OC beach.
irvinehomeowner said:
Irvinecommuter
New member
Baby Irvine said:
Hmmm...average high of 84, 87, 86 in June, July and August and average lows between 28 and 31 between December and February. Average mean between 39 and 78.
http://www.weather.com/weather/wxclimatology/monthly/graph/USGA0650
Irvine on the other hand: Average highs between 63 and 71 for the whole year....average lows between 49 and 65 for the whole year with an average mean of 56 to 68...
http://www.weather.com/weather/wxclimatology/monthly/92697
Irvinecommuter
New member
Baby Irvine said:
I'm not getting it? I'm not the one making comparisons. I get that Atlanta metro county is growing but it's not Southern California...not even close.
nosuchreality
Well-known member
Irvinecommuter said:
Atlanta is growing at a faster rate than SoCal.
irvinehomeowner
Well-known member
Maybe by the numbers... but where you choose to live is more than numbers. Location, weather, local amenities, demographics etc have quite a bit to do with why a city gains value.nosuchreality said:
While I don't disagree that JC will see a rise in value, I have my doubts it will be as high as Irvine is. Even surrounding cities that have the same local pluses don't get as high as Irvine.
Would you move to JC? I would choose some other So Cal city before JC... and some other state before GA.
Irvinecommuter
New member
nosuchreality said:
You understand that it would be very difficult for growth rate at an established locale like Southern California to be high. Growth rate is usually for rural areas where population is low. 2,000 increase in population for a city of 60,000 means a growth rate of 3.2 percent...a 2,000 increase for a city of 200,000 is 1%
panda
Well-known member
Hahaha.. we are not there yet.. maybe in 10 - 15 years... also this is the south.. it is a little more innocent materialistic. Nothing compares to the REAL THING.. the OC!! 
Starlight East said:I hope you warned him that John's Creek will be the next Irvine and just as materialistic.
Baby Irvine said:Crazy thing just happened.... I promised IrvineCommuter that I won't bash Irvine... so please do not shoot the messenger.
A college friend of mine who I haven't talked to for 5 years just called me out of the blue who currently lives in Woodbury. He bought a detached condo in '09. He goes on and on about how materialistic this place is and this is not the environment he wants to raise his daughter and family in. He also has a new baby on the way. He tells me that in Irvine everyone tries to look like a celebrity but they are only middle class. We both attended the same church and small group in college.
I asked him.. how did you find me? I was little afraid that he may be lurking on the TalkIrvine or somethign. He said he looked up my name and was doing some housing research on Atlanta and Johns Creek and found me. We talk about an hour catching up about family life he was asking me a lot of questions about Atlanta, Johns Creek etc..... ..... finally he says.. Panda... find me a JC home in the golf course. I am looking to spend half a mil.. I am smirk inside thinking.. does he think we are in 2011 or something? lol.
I put my hand on the bible as I type this. True story... Irvinecommuter, please don't shoot the messenger. Promise.. there will be no Irvine bashing coming out of Panda's mouth
panda
Well-known member
You guys think that the OC culture is very different from the midwest, east coast, and the south. My friend must of mentioned atleast 3 times that the OC culture really doesn't fit him which I sort of get but not completely.
I main gateway to Atlanta are people from east coast and the midwest more so than the west coast. I think that the new york and midwest transplants would adjust to the culture pretty easily here, but perhaps for the west coast person, it maybe a culture shock. One thing that is different even being from Chicago is that practically everyone i meet here are christians. It is very common when you meet someone new and they ask you which church you attend? I am not just talking about just asians.
Alright... I won't hide it.. Johns Creek is a bit materialistic
What do you expect when you bring a whole lotta Koreans together. Like Roundcorner would say, Koreans are the italians among Asians.... and he is not joking round when we are talking about Johns Creek.
I main gateway to Atlanta are people from east coast and the midwest more so than the west coast. I think that the new york and midwest transplants would adjust to the culture pretty easily here, but perhaps for the west coast person, it maybe a culture shock. One thing that is different even being from Chicago is that practically everyone i meet here are christians. It is very common when you meet someone new and they ask you which church you attend? I am not just talking about just asians.
Alright... I won't hide it.. Johns Creek is a bit materialistic
What do you expect when you bring a whole lotta Koreans together. Like Roundcorner would say, Koreans are the italians among Asians.... and he is not joking round when we are talking about Johns Creek.
Irvinecommuter
New member
Baby Irvine said:You guys think that the OC culture is very different from the midwest, east coast, and the south. My friend must of mentioned atleast 3 times that the OC culture really doesn't fit him which I sort of get but not completely.
I main gateway to Atlanta are people from east coast and the midwest more so than the west coast. I think that the new york and midwest transplants would adjust to the culture pretty easily here, but perhaps for the west coast person, it maybe a culture shock. One thing that is different even being from Chicago is that practically everyone i meet here are christians. It is very common when you meet someone new and they ask you which church you attend? I am not just talking about just asians.
Alright... I won't hide it.. Johns Creek is a bit materialistic
Again...I seriously run in different circles. There are definitely materialistic people in OC but the bulk of the people I know in Irvine are people who work hard to give their family a good life. There are more single people in Irvine/OC as compared to Johns Creek which probably contributes to the materialism. I am pretty sure that people in Atlanta can get pretty materialistic.
irvinehomeowner
Well-known member
Isn't that the South culture? Hence... the Bible Belt.Baby Irvine said:
socal78
Well-known member
Baby Irvine said:Alright... I won't hide it.. Johns Creek is a bit materialistic
What do you expect when you bring a whole lotta Koreans together. Like Roundcorner would say, Koreans are the italians among Asians.... and he is not joking round when we are talking about Johns Creek.
HA!!
That's funny, Baby Irvine!!! I haven't heard that before. That reminds me. An Asian guy also once told me that Filipinos are the "Mexicans among Asians". I have no clue what the heck that means but it sounded kind of funny. (I didn't make it up, people, don't shoot the messenger.) The Italians among Asians thing was hilarious, though. Oy. Thanks for the laugh.
panda
Well-known member
Irvinecommuter and IHO,
This picture below reinforces what nosuchreality said. LA/OC 's population grew 463k 3.7% from 2000 -2010 while Atlanta population grew over a million 24% increase in the same time period. This is reason why I uprooted my family from Chicago and moved to Atlanta to build my real estate career here. This is the reason why median home prices on the north east part of Johns Creek have jumped 20% since last year.
Open your eyes guys! 8)
As an investor, you need 3x the capital to play in Irvine. In Irvine, with 20% down you are negative cash flow, even at 30% down you are in the negative territory. In Suwanee, GA you are positive cash flow by 18% cash on cash return with today's 30 year mortgage rates with 20% down. This is one way you can tell if real estate is undervalued or over valued.
This picture below reinforces what nosuchreality said. LA/OC 's population grew 463k 3.7% from 2000 -2010 while Atlanta population grew over a million 24% increase in the same time period. This is reason why I uprooted my family from Chicago and moved to Atlanta to build my real estate career here. This is the reason why median home prices on the north east part of Johns Creek have jumped 20% since last year.
Open your eyes guys! 8)
As an investor, you need 3x the capital to play in Irvine. In Irvine, with 20% down you are negative cash flow, even at 30% down you are in the negative territory. In Suwanee, GA you are positive cash flow by 18% cash on cash return with today's 30 year mortgage rates with 20% down. This is one way you can tell if real estate is undervalued or over valued.
Irvinecommuter said:
Irvinecommuter
New member
Baby Irvine said:Irvinecommuter and IHO,
This picture below reinforces what nosuchreality said. LA/OC 's population grew 463k 3.7% from 2000 -2010 while Atlanta population grew over a million 24% increase in the same time period. This is reason why I uprooted my family from Chicago and moved to Atlanta to build my real estate career here. This is the reason why median home prices on the north east part of Johns Creek have jumped 20% since last year.
Open your eyes guys! 8)
As an investor, you need 3x the capital to play in Irvine. In Irvine, with 20% down you are negative cash flow, even at 30% down you are in the negative territory. In Suwanee, GA you are positive cash flow by 18% cash on cash return with today's 30 year mortgage rates with 20% down. This is one way you can tell if real estate is undervalued or over valued.
Irvinecommuter said:
What am I looking at? There is a saturation point at which you can have more people...I mean it's pretty hard to sustain 20+% growth with an established metropolitan area like LA...I mean NY only went up 3.1%...is it going downhill? People should start selling their Manhattan properties because the end is coming. Seriously, it's not different than the GDP analysis. China, India, and Brazil all experienced double digit growth in GDP while the US are between 3-6 even in good times...it doesn't meant that 1) the US is now terrible and 2) that I should move to China, India or Brazil.
I mean, based upon that chart I should moved to Vegas. I mean 42% growth!
See...that's the other issue. I am not an investor in RE. I don't want to be an investor in RE. I just want to get a nice house in a nice area, pay it off, and save up for my retirement. If I was an investor in RE, I would go buy in the IE, Vegas, the Central Valley, all of which would net me a lot of money in the future without me having to fly cross-country. Or I can invest in funds/companies that are in the business of RE investment and not have to worry about the properties themselves.