Sunday, September 09, 2018

Top 10 Advantages for Lake Lanier Real Estate Sellers Using Berkshire Hathaway HomeServices Georgia Properties

Top 10 Advantages for Lake Lanier Real Estate Sellers Using Berkshire Hathaway HomeServices Georgia Properties!






Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Sunday, September 02, 2018

Georgia Housing Market Snapshot For July

Georgia Housing Market Snapshot For July.  All information provided courtesy of the Georgia Association REALTORS®.

Key indicators for the Georgia housing market for July are in! The market has been hot this summer, with prices continuing to rise and a slight uptick in new listings.
  • New Listings increased 4.4 percent to 15,708. 
  • Pending Sales were up 6.8 percent to 11,949. 
  • Inventory levels shrank 10 percent to 36,312 units. 
  • The Median Sales Price increased 8.3 percent to $225,900. 
  • Days on Market was down 8 percent to 46 days. 
  • Months Supply of Inventory was down 15 percent to 3 months. 
Please click SlideShare below to view the full report for July.



Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Thursday, August 30, 2018

Just Sold! Moving To Lake Lanier Was So Easy With This Immaculate, Move-In Ready Lake Lanier Waterfront Home In Forsyth County, Cumming, Georgia!

Just Sold!  Moving To Lake Lanier Was So Easy With This Immaculate, Move-In Ready Lake Lanier Waterfront Home In Forsyth County, Cumming, Georgia!  2525 Pilgrim Mill Circle is ready for immediate occupancy and lake living!

2525 Pilgrim Mill Circle, Cumming, GA. on Lake Lanier

Gorgeous Great Room!

Hardwood floors throughout the main level!

Completely renovated kitchen!

Fully remodeled bathrooms!

Look at this fabulous bedroom!

Screened Porch is so inviting!

Beautifully landscaped backyard!
Single-Slip Covered Dock!

Recently renovated with all of the latest goodies like hardwood floors, quartz and granite counters, tile baths, new tubs and vanities, new fixtures and more! Ranch style 3 bedrooms and 2.5 baths over a full finished basement! Covered porch on front with large deck and huge screened porch out back. Large, convenient, attached storage room for lawn equipment & lake accessories. Enormous circular brick driveway offers spacious parking for cars, boats, RV! Easy level access to the single-slip covered dock! Fantastic south Lake Lanier location!

More Details On The Sale:  www.LakeSidneyLanierHomes.com/5840032

Check out our full motion YouTube walk-through tour of this fabulous home!


Congratulations to the new buyer and to our happy seller clients!  Many thanks to Tara Bohanan of Keller Williams Realty Community Partners for her excellent representation of the buyer in the sale of this fantastic Lake Lanier home!

Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Tuesday, August 28, 2018

July 2018 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties!

July 2018 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties!  All data is courtesy of the 400 North Association of REALTORS®.

Highlights: (compared to July 2017)

Forsyth County
Infographic - https://create.piktochart.com/output/31806467-400n-7_2018-forsyth
Total single family home sales: 458 (2.6% decrease)
Median sales price: $365,000 (7.4% increase)
Average sales price: $402,000 (9.2% increase)
Total active listings: 1,453 (1.8% decrease)
New listings: 486 (1.5% increase)
Month’s Supply: 3.8 (1.1% decrease)


Dawson County
Infographic - https://create.piktochart.com/output/31806525-400n-7_2018-dawson
Total single family home sales: 47 (0.0% change)
Median sales price: $271,000 (14.8% increase)
Average sales price: $341,000 (12.9% increase)
Total active listings: 246 (2.9% increase)
New listings: 56 (27.3% increase)
Month’s Supply: 5.3 (6.3% decrease)


Lumpkin County
Infographic - https://create.piktochart.com/output/31806576-400n-07_2018-lumpkin
Total single family home sales: 41 (28.1% increase)
Median sales price: $235,000 (19.9% increase)
Average sales price: $278,000 (27.5% increase)
Total active listings: 169 (4.0% decrease)
New listings: 43 (16.2% increase)
Month’s Supply: 5.1 (11.0% decrease)




Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Sunday, August 26, 2018

Just Sold! Unique Waterfront, 7.02 Acre Tract With Dock For On Lake Lanier!

We just recently sold this Unique Waterfront, 7.02 Acre Tract With Dock On Lake Lanier! Check out all of the sale details below...



Lake Lanier waterfront acreage with approximately 7 acres, 201 feet of waterfront with boat dock, and 600 feet of frontage on Pine Forest Road!  This is the perfect setting for a large estate home or potential multi-home enclave. There simply aren't many of these size tracts still available for development on Lake Lanier! Located on a scenic cove on Lake Lanier with easy access to the big water near Browns Bridge.  A perfect land tract to design your waterfront dream property!

Many thanks to Steve Shultz of Keller Williams Realty Community Partners for his superb representation of the buyers in the sale!

Full Listing And Sale Details For 5348 Pine Forest Road, Gainesville, GA. On Lake Lanier

7+ Acres located at 5348 Pine Forest Road, Gainesville on Lake Lanier

Scenic acreage beyond the gates at 5348 Pine Forest Road at Lake Lanier





Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.


Friday, August 24, 2018

Berkshire Hathaway HomeServices Georgia Properties #1 In Metro Atlanta Home Sales Again!

Berkshire Hathaway HomeServices Georgia Properties #1 In Metro Atlanta Home Sales Again!
REAL ESTATE REDEFINED



Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Wednesday, August 22, 2018

Lake Lanier Waterfront Home Sales For July 2018! Let's Check The Sales Trends!

Lake Lanier Waterfront Home Sales For July 2018! Let's Check The Sales Trends!



The numbers are in for Lake Lanier home sales for the month of July 2018! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

Lake Lanier waterfront homes sold:  38

The highest home price sale was $1,100,000

The lowest home price sale was $260,000

The average home sold had four bedrooms, three bathrooms, and 1 half bathrooms

The average build date was 1985

The average original list price was $635,067

The average list price after price adjustments was $613,186

The average sales price was $588,339

Sales price vs original list price ratio came in at 93.05 %

Average total days on market was 92






Our market analysis is generated at the beginning of each month. It is designed to show you Lake Lanier home sales statistics. Each month, we search the First Multiple Listing Service for home sales (closings) based on the following criteria:

Area: All counties with frontage on Lake Lanier. Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.

Status: Sold (Closed Transactions)

Lake Frontage: The home must be a waterfront property on Lake Lanier as described as lake frontage in the First Multiple Listing Service.

Property Category: Our analysis includes only residential detached homes as categorized in FMLS.

This market analysis is deemed to be accurate but is not warranted. It is meant to give a general idea and overview of the current housing market for waterfront homes on Lake Lanier.


Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Monday, August 20, 2018

New Homes Available Now At Lake Lanier!

New Homes Available Now At Lake Lanier!  Enjoy waterfront living in a brand new home with a boat slip option!  Call us for more details! 770-309-7531




Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Sunday, August 19, 2018

Don't forget today is the day for our Berkshire Hathaway HomeServices Georgia Properties Super Sunday Mega Open House Event from 2-5 p.m!


Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Wednesday, August 15, 2018

Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor – August 2018

Berkshire Hathaway HomeServices
Georgia Properties
Real Estate Advisor – August 2018


We are providing this monthly real estate advisor to keep you informed about the latest trends and issues in the real estate market. Remember that real estate is local and every market is different. Contact us to find out the specific details for your local area. If you know someone else who might be interested in receiving this report or who may benefit from our expertise, please let us know. Better information leads to better real estate decisions!
 

Below is the summary for Greater Metro Atlanta through July 2018. Click here for a more comprehensive market report slide deck.
  • The entry-level market has strong demand and very low inventory. Finding the right property is getting harder which is resulting in lower closings for this segment. The luxury market is a buyer’s market with buyers negotiating better pricing and terms.
  • Mortgage Rates are rising slowly which will impact affordability. Metro Atlanta continues to be very affordable relative to other metro areas around the country.
  • July Pending Contracts were down 1.5% from June and up 6% from the prior year. July Closings were down 8.9% from last month and up 1.8% from the prior year.
  • Year-to-Date Pended Sales units were up 4.6% versus the prior year. Year-to-Date Closings were up 2.9% versus the prior year.
  • The Average Sales Price for July was $321,000 – down 3.7% from last month and up 6.3% from last year. 2018 is on track to be the highest annual ASP on record.
  • Inventory for July was up 4.1% from last month and down 4.8% from last year.
  • Overall Months of Supply for July was 2.8 months. Six months is considered normal. Luxury properties took longer with homes above $1 million averaging 9 months and properties over $2 million averaging 35 months to close. The luxury market remains a buyer’s market in many areas.
  • The Average List-to-Sale Price Ratio was 97% for all price points. Many properties in high-demand areas are selling above list.
  • The latest Case-Shiller Index for Atlanta (7/31/18) was up 1% compared to the previous month. Metro Atlanta Home Values are up 76% from the bottom of March 2012. Increased home values are building equity and getting sellers back into the market.
  • Visit Prosperity Home Mortgage to meet one of our Mortgage Consultants. Ask about the Prosperity Buyer Advantage and our 7-Day Close program.
 

The Greater Metro Atlanta area is home to thousands of elementary, middle and high schools. Safe Kids USA offers the following Top Back to School Safety Tips:
Reminders for Drivers:
  • Slow down and be especially alert in residential neighborhoods and school zones.
  • Watch for children on and near the road in the morning and after school hours.
  • Reduce any distractions inside your car so you can concentrate on the road and your surroundings. Put down your phone and don’t talk or text while driving.
Reminders for Kids:
  • Kids should cross the street with an adult until they are at least 10 years old.
  • Never run out into the streets or cross in between parked cars.
  • Make sure kids always walk in front of the bus where the driver can see them.
 
Our next MEGA Open House Events are Sunday, August 19th plus Sunday, September 9th and September 23rd from 2pm – 5pm. There will be hundreds of beautiful open houses available and one lucky sweepstakes winner will get a cool Amazon Alexa Prize Package.
MEGA Open House Events are a very effective component of our Advanced Property Marketing for our seller clients. We run extensive open house ads on Zillow plus FacebookInstagramGoogle and WAZE to generate interest from potential buyers.
If you know anyone interested in listing their home, contact us so we can get them scheduled for a MEGA Open House Event!
 

Labor Day is Monday September 3, 2018. Together, we will celebrate the contributions of workers across America. Labor Day has also become the symbolic end of the summer season - although summer officially ends on September 22. In high society, Labor Day is the last day of the year when it is fashionable to wear white or seersucker. 
There is some debate over who first proposed the celebration of Labor Day back in 1882. Some believe it was a gentleman named Matthew Maguire who was serving as the secretary of the Central Labor Union of New York. Others believe it was Peter McGuire of the American Federation of Labor who had seen a similar celebration in Canada. Regardless of which Maguire/ McGuire, we are all happy this popular federal holiday now exists.

Labor Day is also the unofficial start of football season! High school, college and NFL teams will be underway. May your favorite teams play well!

 

Berkshire Hathaway HomeServices Georgia Properties is bringing real estate to Alexa and Google Home. Just enable the “Atlanta Real Estate” skill to search properties, check home values and get the latest real estate market update. Enable your Atlanta Real Estate skill today and check it out! You never know – Alexa may help you find the home of your dreams!

We would be honored to assist you or someone you know with their real estate needs. We are experts in the local market and have access to proprietary information sources that are not available to the public. Better information leads to better decisions!


Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with Berkshire Hathaway HomeServices Georgia Properties. He has over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.