Tuesday, October 15, 2024

Strategies For Selling Your Home This Fall And Winter


Strategies For Selling Your Home This Fall And Winter
/ Home Selling / By BHHSGA / October 11, 2024

If you are considering selling your home this fall or winter, you are in a favorable position. With the average days on market hovering just under 40 days, motivated buyers are actively seeking properties.

Here are key strategies to prepare your home for a successful sale during the cooler months:

Establish a Competitive Price
Homes are typically selling within just over a month, making it imperative to price your property strategically from the outset. A well-researched pricing strategy can significantly enhance your chances of a quicker sale.

Enhance Winter Curb Appeal
As temperatures drop, maintaining the exterior of your home becomes essential. Ensure walkways are clear of debris, enhance outdoor lighting for visibility, and consider adding seasonal touches, such as tasteful fall planters or welcoming wreaths, to create an inviting atmosphere.

Showcase Your Home’s Comfort
Potential buyers often seek cozy, energy-efficient homes during the colder months. Highlight features that enhance comfort, such as fireplaces, modern insulation, and efficient heating systems, to appeal to their desires for warmth and energy savings.

Maintain Flexibility
The fall and winter months typically attract serious buyers, but they may result in fewer overall showings. Being flexible with your showing schedule and pricing can create opportunities to close a deal before the year’s end.

By employing these strategies, you can position your home for success in the current market. With the right approach, you can attract motivated buyers and achieve your selling goals this season.

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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Thursday, September 26, 2024

Kitchen Features That Will Sell Your Home Faster!


Whether it's a wine fridge, butcher block, or a farmhouse sink, it's no secret that certain kitchen amenities can add significant value to a home. We spend a lot of time in our kitchens, so adding any upgrades you can (whether functional or aesthetic) can elevate the perceived value in the minds of potential buyers.

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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Wednesday, September 25, 2024

Lake Lanier Waterfront Homes For Sale With Docks - Your Neighborhood Report!



Lake Lanier Waterfront Homes For Sale With Docks -  Your Neighborhood Report!  Click here to find out what the most recent Lake Lanier Waterfront Homes With Docks are selling for, median sales prices, average days on the market, area information, and more!


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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Monday, September 23, 2024

August Housing Indicators For Georgia - Courtesy Of Georgia Association of REALTORS®

August Housing Indicators For Georgia - Courtesy Of Georgia Association of REALTORS®

The Monthly Housing Indicators for Georgia are in for August. New Listings showed a moderate increase.  Meanwhile, Pending and Closed Sales dipped slightly year-over-year. Median and Average Sales Prices stayed flat, while YoY inventory levels saw significant gains.

New Listings increased 15 percent to 18,020
Pending Sales decreased four percent to 10,069
Closed Sales decreased seven percent to 10,634
Days on Market increased 24 percent to 42 days
The Median Sales Price stayed flat at $360,000
The Average Sales Price increased two percent to $437,790
Inventory levels increased 48 percent to 38,605 units
Months Supply of Inventory was up to 3.9 months

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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Tuesday, August 27, 2024

Lake Lanier Waterfront Homes For Sale With Docks - Your Neighborhood Report!


Lake Lanier Waterfront Homes For Sale With Docks -  Your Neighborhood Report!  Click here to find out what the most recent Lake Lanier Waterfront Homes With Docks are selling for, median sales prices, average days on the market, area information, and more!


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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Friday, August 23, 2024

Interest Rates and Affordability Shape Georgia's Housing Market


The Georgia real estate market continues to evolve, with inventory, interest rates, and affordability playing a pivotal role in shaping the landscape for both buyers and sellers. As we dive into the heart of summer 2024, let's examine the latest trends.

Inventory: Still a Seller's Market, but with a Twist
While Georgia's real estate market remains predominantly seller-driven, there are signs of a subtle shift. Inventory levels have shown a modest increase compared to earlier in the year. This uptick, though gradual, offers a glimmer of hope for buyers facing fierce competition. However, it's important to note that inventory is still relatively tight in many areas, particularly in high-demand neighborhoods.

Interest Rates: Offer a Breath of Fresh Air
Interest rates have exhibited a rollercoaster-like behavior in recent months. Georgia homebuyers are catching a break as mortgage rates plunge to their lowest point in over a year. This significant decline is a welcome relief for those who have been sidelined by rising costs. The decrease in interest rates is expected to boost affordability and potentially reignite buyer interest in the housing market. While rates are still higher than historical lows, this downward trend is a positive sign for potential homebuyers.

Affordability: A Critical Factor in Homeownership
Affordability remains a primary concern for many potential homebuyers. The combination of rising home prices and interest rates has squeezed budgets. Nevertheless, factors such as income growth and job creation can influence affordability. There are variations across different regions of Georgia, with some areas offering more attainable options than others. This means buyers may need to adjust their expectations or explore less competitive markets to find affordable options. For first-time homebuyers, government assistance programs and creative financing options are valuable resources. Consulting with your Forever Agent helps to navigate the complexities of the market and identify potential opportunities.

What Does This Mean for You?
Whether you're a buyer or seller, understanding the current market dynamics is crucial. For buyers, patience and perseverance may be key as you navigate the competitive landscape. Consider expanding your search area or exploring different property types to increase your chances of finding the right home. For sellers, while the market may not be as frenzied as it once was, there's still strong demand in many areas. Pricing your home competitively and presenting it well can help attract qualified buyers. It's essential to consult with your Forever Agent to get the most accurate and up-to-date information about your specific market. Stay informed, be prepared, and make informed decisions as you navigate Georgia's evolving real estate landscape.

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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Wednesday, August 21, 2024

July Housing Indicators For Georgia - Courtesy Of Georgia Association of REALTORS®

July Housing Indicators For Georgia - Courtesy Of Georgia Association of REALTORS®

New Listings and Closed Sales showed a moderate increase year-over-year, while Pending Sales showed a decrease. Median and Average Sales Prices saw modest growth and YoY inventory levels saw significant gains in July with around 12,000 more in 2024 than in 2023.
  • New Listings increased 15 percent to 17,253
  • Pending Sales decreased six percent to 10,145
  • Closed Sales increased seven percent to 11,398
  • Days on Market increased 18 percent to 39 days
  • The Median Sales Price increased one percent to $365,000
  • The Average Sales Price increased four percent to $446,629
  • Inventory levels increased 49 percent to 36,882 units
  • Months Supply of Inventory was up to 3.7 months
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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Tuesday, August 13, 2024

8 Questions To Shed Light On Realtor Compensation Post NAR Settlement





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 twenty years of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please contact us directly at www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Monday, August 12, 2024

Lake Lanier Waterfront Homes For Sale With Docks - Your Neighborhood Report!


Lake Lanier Waterfront Homes For Sale With Docks -  Your Neighborhood Report!  Click here to find out what the most recent Lake Lanier Waterfront Homes With Docks are selling for, median sales prices, average days on the market, area information, and more!


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 twenty years 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 07, 2024

What The NAR Settlement Means For Home Buyers And Sellers




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 twenty years 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.