A Few Photos From Memorial Day At Lake Lanier! Johnson Creek, Thompson Creek, and Athens Boat Club!

Here are a few quick photos from our Memorial Day Monday at Lake Lanier. Its been a comfortable and enjoyable weekend, with only a few scattered showers but otherwise sunny skies. We took a late morning cruise over to Thompson Creek and made a visit to Athens Boat Club to gas up the boat.

Athens Boat Club has added a very nice new pavillion to house their snack shop and restrooms as well as a picnic area.  It is quite an impressive structure for the old Athens Boat Club!  You can see it in the distance in the first photo.  The following pics are from the area of Thompson Creek this morning around 11 o'clock. Of course the last photo is of our beloved old SeaRay in the slip at our dock on Johnson Creek.

Leaving Athens Boat Club on Memorial Day 2014 at about 11:30 A,M

Beautiful lakefront property on Thompson Creek at Lake Lanier.

Very nice renovtion property on Thompson Creek Lake Lanier.

The cove view at Johnson Creek on Lake Lanier Memorial Day 2014!

Our beloved 1991 SeaRay 200 in its slip on Johnson Creek.  23 Years young!

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The Lake Lanier Association Needs Your Membership! Take A Look At Everything They Do For Our Lake Community!

Today was a wonderful day at Lake Lanier!  Especially since I was invited to a special luncheon courtesy of the Lake Lanier Association.  I made my way up McEver Road on the east side of Lake Lanier as I travelled from Cumming, through Buford, Flowery Branch, Oakwood and finally to the Lake Lanier Association's office at 615 Oak Street in downtown Gainesville.  The purpose of the luncheon was a desire on the part of the association to reach out to a few Lake Lanier real estate agents in order to present the association's mission and gather suggestions on how to increase membership.  It was a small group, but we shared plenty of information, suggestions and ideas amongst the group.  And that was a good thing!

The Lake Lanier Association was founded in 1966.  It currently has approximately 1,700 members.  Some of the members are individuals, families and local businesses.  I think that everyone that lives or works around our Lake Lanier community should be proud of the work that this group undertakes.  However, with over 10,000 dock permits and properties on this lake, one might certainly consider that the association should have more members and a greater voice and presence on issues concerning our Lake Lanier.  The Lake Lanier Association needs all of us as either members or donors!  Today, I committed to assist in helping increase awareness of, and membership in, this valuable organization.  In short, if you use and enjoy this wonderful lake for recreation, pleasure, business or investment you should seriously consider giving back with a donation or membership in the Lake Lanier Association.  Please checkout the slide presentations and the links below for a look at who they are and what they do.

Lake Lanier Association Needs You! March 2014 from Arthur Prescott

Lake Lanier Association Overview Presentation March 2014 from Arthur Prescott

CLICK HERE TO JOIN THE LAKE LANIER ASSOCIATION NOW!

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 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

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U.S. Army Corps Of Engineers Pitching First Marina On Lake Lanier In 30-Plus Years!

Wow! Could this news really be true? This news article just came across my desk courtesy of Jeff Gill with the Gainesville Times. If this news were to become true it could be huge for the northwestern side of Lake Lanier along the Chestatee River. I have a home in this area and personally would love to see a marina and a gas stop along this stretch of the lake. For years, residents in this area have looked only to Athens Boat Club as the only gas stop around. Athens Boat Club was not mentioned in this article, but has always done a fine job in their own right for providing gasoline to boaters on this area of Lanier.  A new marina at Bolding Mill Campground, however, would be so convenient and could really be special if it had a dining area for visitors. Now this is just my opinion, and I know that many others residents of the area may not share it. Here is the link to the article by Jeff Gill. What are your thoughts? Feel free to leave a comment below!


U.S. Army Corps Of Engineers Pitching First Marina On Lake Lanier In 30-Plus Years

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 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

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Lake Lanier Waterfront Lots & Land For Sale And What's Sold! Let's Check The Activity!

Today in Lake Lanier real estate, we're taking a look at the Lake Lanier waterfront lot market. Periodically, we like to get an updated analysis on what's going on with lots that are presently for sale as well as lot sales on Lake Lanier.

Our research today, shows 85 waterfront lots presently for sale on the lake.  Our search criteria was for lake frontage lots or land with a dock or dock permit in place, and with listing photos.  The price range on these properties was vast with the least expensive tract coming in at $29,900 and the most expensive tract coming in at $3,195,000!  The median price range of all of the 85 lots comes in at about $270,000-$275,000 price range. This price range is actually in line with some of the lower priced houses that are for sale on the lake! You can view the market analysis on all of the properties by clicking on the link below.

Market Analysis Of Lake Lanier Lots Listed For Sale

So all of this begs the question, what do you get for your money when you buy a waterfront lot or tract of land on Lake Lanier? And for the answer to that question, we've included a few of the listings below that represent the highest price, the lowest price, and a few properties in the middle price range.

Property Listings 6033 Grant Ford Road Gainesville, GA MLS Number: 5201837 Listing Price: $3,195,000   View Details 4795 Destitute Way Gainesville, GA MLS Number: 5226452 Listing Price: $275,000   View Details 3115 Winding Lake Drive Gainesville, GA MLS Number: 4236754 Listing Price: $269,000   View Details OLD STILL Trail Cumming, GA MLS Number: 5050015 Listing Price: $29,900   View Details

Okay, that's a look at what's for sale. But what about properties that sold in 2013? We thought we'd take a look at that as well. So we used the same criteria and ran the search for 2013, except instead of looking at what was active or for sale, we looked for properties that had closed or sold.  These search results showed 20 properties that met the criteria selected that had sold in 2013.  The highest priced sale came in at $364,900, and the lowest price sale came in at $35,000. The median price range of the 20 sold properties came in at about $132,500. Here's a look at the market analysis for that search.

Comparative Market Analysis For Lake Lanier Lots And Land Sales 2013

If you have a question about Lake Lanier real estate that is for sale or has sold please contact us for more information.

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 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

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Happy Holidays From Lake Sidney Lanier Homes!

Click picture to view full size image

Wishing You A Safe And Happy Holiday Season!

We would like to wish you a very safe and happy holiday season.  This special time of year brings us together with people from all walks of life and from all corners of the globe.  So we would like to say a Happy Holidays message to all.  Happy Holidays! In French: Joyeuses Fêtes! Happy Holidays! In Spanish: Felices Fiestas! Happy Holidays! In Swedish: Trevlig Helg! Happy Holidays! In Portuguese: Boas Festas! Happy Holidays! In Turkish: Mutlu Bayramlar! Happy Holidays! In Romanian: Sarbatori Fericite! Happy Holidays! In Mandarin: Jie Ri Yu Kuai! Happy Holidays! In Catalan: Bones Festes! Happy Holidays! In Japanese: Tanoshii kurisumasu wo! Happy Holidays! In Italian: Buone Feste! Happy Holidays! In South African (Xhose): Ii holide eximnandi! Happy Holidays! In German: Forhe Feiertage! Happy Holidays! In Dutch: Prettige feestdagen! Happy Holidays! In Hawaiian: Hau'oli Lanui Happy Holidays! In Gaelic: Beannachta na Feile! Happy Holidays! In Slovenian: Vesele Praznike! Happy Holidays! In Indonesian: Selamat Hari Raya! Happy Holidays! In Croatian: Sretni praznici!    Have A Safe And Happy Holiday!

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 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 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

Lake Lanier Pending Home Sales Look Strong! We Evaluate The State Of Our Lake Real Estate Market!

Today in Lake Lanier real estate, we decided to take a look at the health of our market. What better way to do this than to look at homes presently under contract on Lanier. So we did a little research, went into our MLS system, and did a search on all lakefront homes on Lanier that are either under contract pending, or in their due diligence. What we found was some really great news!

Our research showed 50 homes on Lake Lanier with a dock or dock permit in place that are presently under contract. Seven of the homes are currently in their contingent due-diligence inspection period. Of those seven homes the average list price is $868,400! That is amazing! Not only that, but of the 50 homes, 41 homes have already passed their inspection and are listed as pending sales. These 41 homes have an average list price of $643,107! These are simply amazing numbers that make for really good news for home sellers. And all of this coming at the end of the year when sales on the Lake would typically be slowing down.

If you are considering buying a Lake Lanier home, but are sitting on the fence wondering what pricing is going to do in 2014, clearly this shows that the market is strong and that prices are probably going up. The link below will take you to the report for all of the complete details. Feel free to contact us for more information, or if you would like for us to create a custom search specifically for your Lake Lanier home search needs.

Lake Lanier Pending Home Sales

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 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 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

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Prudential Georgia Realty's Atlanta Real Estate Advisor For December 2013!

Prudential Georgia Realty Real Estate Advisor

December 2013

Introducing…

BERKSHIRE HATHAWAY HomeServices

On December 10th, our company will be adopting the new Berkshire Hathaway HomeServices brand. We are excited to begin this new chapter for our company and this conversion will bring many advantages for our agents and their clients. This year, we also celebrate 50 years of serving the needs of our clients in the Greater Metro Atlanta area. During that time, we have operated as Crest Realty, Merrill Lynch Realty, Prudential Atlanta Realty and Prudential Georgia Realty. Though the name has changed, our commitment to deliver exceptional real estate services has not. In the last five years, our company has been consistently ranked as the #1 real estate company with more homes sold than any other brokerage.

• According to the Forbes Global 2000 list, Berkshire Hathaway is the 8th largest public company in the world. The company is led by Chairman and CEO, Warren Buffett who is often referred to as “the Oracle of Omaha” for his keen insight on business matters.
• Berkshire Hathaway owns and operates approximately 55 companies and employs approximately 300,000 people. Company holdings include major brands like GEICO, Fruit of the Loom, Dairy Queen, Benjamin Moore, Helzberg Diamonds, NetJets, Heinz, MidAmerican Energy and Shaw Industries which is located in Dalton, Georgia.
• Berkshire Hathaway has major stock positions in companies like Wells Fargo (8.7%), American Express (13.7%), IBM (6%) and Coca-Cola (8.9%).
• Berkshire Hathaway was named the No. 1 company in Barron’s annual ranking of the world’s 100 most respected companies.

Being part of such a large and successful organization gives us many advantages. For example, our listing clients will benefit from an unprecedented level of exposure. Look for more details and exciting news as we move closer to our big announcement on December 10th.

We look forward to leveraging the Power of Berkshire Hathaway to deliver even more advantages for our clients and customers. Contact us to learn more.

Greater Metro Atlanta Real Estate Update

We are providing this monthly real estate advisor report to keep you informed about the latest trends and issues in the real estate market. 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 helps our clients make better real estate decisions!

• For the Greater Metro Atlanta area, listed inventory is up 26.8% from the lowest point in February 2013. But inventory remains down .2% compared to 2012 levels and down 34% from 2011. The limited availability of quality properties with reasonable value has turned many local areas into a seller’s market.
• The available “months of supply” was 4.7 months based upon closed sales (6 months is considered normal).
• Closings for Metro Atlanta in October were down 6.9% compared to last month and down 11.3% compared to the previous year.
• Compared to October 2012, closings under $100,000 were down 53%. The exit of large investors has allowed the distribution of properties to return to normal. Closings over $1 mil were down over 20%. Closings in the $500k - $1 mil price range were very strong - up 34% from last year.
• The pace of short sales and foreclosures coming on the market has slowed considerably. In 2010, over 60% of sales were distressed properties but in October we only saw 284 foreclosures and 278 bank-owned sales. Resales and New Homes are the larger mix of sales.
• New Homes are making a slow but sure comeback. New home closings are up 55% from last quarter. There are some wonderful new home communities coming online with the latest innovations in smart building that may be great options for buyers. Click here to view new home communities.
• The Case-Shiller Index reports that Metro Atlanta home values have increased 37% from the bottom of March 2012. But values remain down 16.85% from the peak of July 2007. Click here for the latest report. Click Here for a detailed set of slides that show the National Market, the Metro Atlanta Market, and how our company is performing. There is a reason we are ranked #1 in Metro Atlanta.
• The trend for mortgage rates is higher. The Mortgage Bankers Association and Freddie Mac predict 30-year mortgage rates to be over 5% in 2014. This could significantly reduce buying power for those that wait.
• First time buyers and baby boomers remain the strongest market segments. Move-up buyers are showing some signs of improved activity but remain well below historical levels.

This is an unprecedented opportunity to buy the home of your dreams while prices and financing are historically low. But these conditions will not last as the real estate market continues to recover.

Happy Thanksgiving!

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 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 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

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Looking For A Lake Lanier Home In Gainesville Georgia? Here's What You Can Expect To Find!

Have you been considering the purchase of a Lake Lanier home in Gainesville on the northern end of the lake?  I am often asked where the least expensive lake homes are located, if they are cheaper if they are further north and more rural, and what the average price of a Lake Lanier home is these days.  Because of these types of questions, we thought that we would take a look at what the prices have been running on lake homes located in the different areas on Lake Lanier.  As the third post in this series of posts, today we decided to analyze the pricing for a Lake Lanier home in Gainesville, Georgia for the months of January through October of 2013.

Our Gainesville home sales search included lakefront homes with a dock, but did not include mobile or modular homes.  Only stick-built homes were counted in this search.  Our results found 92 home sales with the average price coming in at $485,546.  That's a lot of home sales, and the most we've found in any area so far in our series!  Of course, Gainesville does comprise a very large area of shoreline on Lake Lanier, and it was expected to have a larger number of sales due to the aspect of location.  To see all of the details on the actual sales, simply click the following link:


Lake Lanier Home Sales In Gainesville

Lake Lanier Homes For Sale In Gainesville


Stay tuned for our next post in this series, when we will look at the Lake Lanier home sales in Oakwood!

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 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 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

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Coming Soon To Lake Lanier! Berkshire Hathaway HomeServices Of Georgia!

Yesterday I attended the Prudential Georgia Realty Masters' Club event which outlined many of the important aspects regarding the upcoming conversion to Berkshire Hathaway HomeServices Of Georgia. This was a fantastic event that was held at the Cobb Galleria Centre. It started at 10 AM and did not conclude until 3:30 PM. Certainly, there was a lot of information to cover, and many new features and benefits to the name change and new brand for our real estate company.

Overall, I came away with many important bits of information regarding Berkshire Hathaway HomeServices.  Here are just a few of the points that were of value:

1. Unquestioned financial strength.  Berkshire Hathaway home services is among the few companies entrusted with the Berkshire Hathaway name, an enterprise worth more than $200 billion today!

2. Among the most respected companies worldwide.  Our namesake, Berkshire Hathaway, was named the number one company in Barron's annual ranking of the world's 100 most respected companies. This speaks to a commitment to business ethics and integrity over all else, as is consistently demonstrated by its chairman, Warren Buffett!

3. Grounded in experience and leadership. Our local foundation is the same great real estate company that is ranked number one for the greater metro Atlanta area. For over 50 years, we have been serving the needs of our clients and expect to be doing the same for the next 100 years!

4. The most comprehensive agent solutions and services. We provide the most innovative agent solutions faster and for lower costs.  Our clients benefit from powerful global referral networks, leading mobile solutions, award-winning online marketing, social media tools and much more. Our agent marketing and support services allow agents to scale their business and stay focused on what they do best - service their clients and sell real estate!

Stay tuned for a lot more information to come regarding our future transition from Prudential Georgia Realty to Berkshire Hathaway HomeServices of Georgia.

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 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 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.

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