Lake Sidney Lanier Homes Blog

Friday, November 15, 2024

These Kinds Of Last-Minute Changes To Your Financial Picture Can Derail Your Closing Timeline!

Remember, these kinds of last-minute changes to your financial picture can derail your closing timeline or even put your loan approval at risk! If you're on the path to buying a home, it’s best to hold off on any major financial shifts—whether it’s changing jobs, taking on new credit, or making large deposits—until after closing. Be sure to reach out to your agent or loan officer before making any big moves.

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, November 13, 2024

Planning to sell or refinance your home? Be mindful of prepayment penalties!

Planning to sell or refinance your home? Be mindful of prepayment penalties that some mortgages charge if you pay off your loan early. It’s important to review your loan terms to avoid any surprises when you’re ready to move forward.

Tuesday, November 05, 2024

Here are the latest housing market statistics for Cumming, GA!

Here are the latest housing market statistics for Cumming, GA! If you'd like more detail on the market, what's available or how much your home might be worth, let's set up a meeting to discuss!

Monday, November 04, 2024

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!

Wednesday, October 23, 2024

Savvy Home Seekers Navigate Opportunity

/ Home Buying / By BHHSGA / October 11, 2024

As we move into the fall of 2024, the real estate market shows signs of balance. For buyers, this creates a unique opportunity. Mortgage rates have fluctuated over the past year, but the market is beginning to find its footing. Normalized home prices reduces the intensity of competitive offers and more room for negotiation.

Key factors to consider:

Inventory Levels

More homes are coming onto the market as sellers prepare for the end of the year. This increase in supply can give buyers more options to find their perfect home.

Affordability

With home price growth slowing, it may be easier to find a home within your budget. Consider locking in your mortgage rate early, as the Federal Reserve has indicated that further rate hikes may be unlikely for the rest of the year.

Seasonal Deals

Fall is typically a slower season for real estate, which can benefit buyers. Sellers may be more willing to negotiate to close before the holidays.

Whether you’re a first-time homebuyer or looking to upgrade, this fall’s real estate market offers stability and opportunity.

Saturday, October 19, 2024

Top Value BOO-sting Home Renovations

Realtor.com's economic research team recently did a study on the impact of renovation-related key words on U.S. listing prices (while controlling for other factors) and here's what they found! One thing all these renovations have in common is the fact that they pack a visual punch, catching the eyes of potential buyers when searching for, or looking at, a home. Compared to more invisible (yet also necessary) adjustments like plumbing overhauls or HVAC replacement, these renovations are more noticeable and appreciated when it comes to selling.

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.

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.

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!

Click Here For All Of The Details

Monday, September 23, 2024

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

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