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For most people, finding the right home in Stone Mountain, Georgia is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Stone Mountain, Georgia lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Stone Mountain within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Stone Mountain that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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In 1822 the area that now makes up the City of Stone Mountain was made a part of the newly formed Dekalb County. A post office was created in 1834 on the old Augusta Road, and Andrew Johnson built a hotel along the road in 1836. At around the same time, Aaron Cloud built an observation tower at the summit of the mountain. Visitors to the mountain would travel to the area by rail and road, and then walk up the 1.1 mile mountaintop trail to the top, where Cloud also had a restaurant and club. By 1839 a general store was added and a village was established under the name New Gibraltar. The name was officially changed to Stone Mountain by the Georgia legislature in 1847. During the Civil War, Stone Mountain village was destroyed by men under the command of General John McPherson on July 19, 1864. -- Source: Wikipedia.com
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Census Data for Stone Mountain, Georgia
| Stone Mountain | Georgia | United States | |
| Population | 7,145 | 8,186,453 | 281,421,906 |
| Median age | 30 | 33.4 | 35.3 |
| Median age for Male | 27.8 | 32.1 | 34 |
| Median age for Female | 32 | 34.6 | 36.5 |
| Households | 2,499 | 3,006,369 | 105,480,101 |
| Household population | 7,103 | 7,952,631 | 273,643,273 |
| Average household size | 2.84 | 2.65 | 2.59 |
| Families | 1,760 | 2,111,647 | 71,787,347 |
| Average family size | 3.36 | 3.14 | 3.14 |
| Housing units | 2,638 | 3,281,737 | 115,904,641 |
| Occupied units | 2,499 | 3,006,369 | 105,480,101 |
| Vacant units | 139 | 275,368 | 10,424,540 |
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