Sunday, April 28, 2013

The Latest Lake Lanier Homes For Sale That Are Now Pending And Under Contract! Take A Look At The Details!

These Lake Lanier homes are some of the most recent to go to a "Pending" status, which means that they are now under contract.  Our website LakeSidneyLanierHomes.com alerted us to the news this evening.  Lake sales and activity continues to heat up, and we are seeing more of a change from a buyer's market to a seller's market as inventory is still tight.  Don't miss out on the latest Lake Lanier sales action!  Are you considering selling your Lake Lanier home?  Let us provide you with a free market analysis and sales trend report!



New Status: Pending (was Active)
New Main Photo
Gainesville, GA 30504
MLS Number: 5067462
$1,895,000 5 Bedrooms
View Details

New Status: Pending (was Contingent)
Gainesville, GA 30506
MLS Number: 5131419
$199,900 3 Bedrooms
View Details


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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Our Prudential Georgia Realty Greater Metro Atlanta Real Estate Update! Plus A Look At Luxury Homes & Estates Digital Magazine!

English: Metro Atlanta from Open Street Map
English: Metro Atlanta from Open Street Map (Photo credit: Wikipedia)























Our Prudential Georgia Realty Greater Metro Atlanta Real Estate Update is now complete with all of the details in this article below!  In addition, we have information on our Luxury Homes & Estates Digital Magazine!


Greater Metro Atlanta Real Estate Update




Real estate is heavily impacted by the laws of supply & demand plus a few other factors like mortgage rates and the economy. The “for sale” inventory across most markets remains very low. Desirable properties priced at market values are selling very quickly – often with multiple offers.



  • For the Greater Metro Atlanta area, inventory levels are down 36.4% from 2012 and 56.4% from 2011.
  • The available “months of supply” is 3.7 months based upon closed sales and 2.9 months based on pending sales. Six months of supply is considered a normal market.
  • The fallout rates of pending versus closings are higher than normal. Closed units are down for the past four months compared to the same month 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 that is now down to 37%. Resales are the larger mix of sales.
  • New Homes are making a slow but sure comeback. 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 13.41% in the last 12 months. But values remain down 29% from the peak of July 2007. Click here for the latest Case-Shiller report.
  • Home values will continue to rise in 2013 – especially in the lower price points driven by the very low levels of inventory and strong buyer demand.
  • Appraisals can be a problem. In areas, where prices are rising the appraiser may not be considering the latest comps or may not be able to use some comps that were done as private transactions. We can help provide information to the appraiser in the formats they require. This gives us the best chance to get the highest appraised value for loan approvals.
  • Mortgage rates remain incredibly low – but this will change significantly in a few years. The Fed continues their program of buying $85 billion per month in mortgage-backed securities. The simple fact is that mortgage rates are being held down artificially and the mortgage system must be restructured to be able to operate normally. That means higher rates and higher costs for financing are coming in the future.



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


    Luxury Homes & Estates Digital Magazine




    Prudential Georgia Realty is the leader in luxury real estate for the Greater Metro Atlanta area. Our company is also part of exclusive luxury networks with a significant presence in affluent markets around the world. We publish our Atlanta Luxury Homes & Estate Digital Magazine to highlight some of these exceptional properties.

    Click Here To View The Atlanta Luxury Homes Digital Magazine

    Our company offers a range of specialized services and connections to luxury networks for our Fine Homes clients. Prudential Real Estate has achieved the highest average sales price for any national brand for the past 10 years. The Prudential Fine Homes International program is a networking and certification program for our Fine Homes agents. These agents receive customized training and tools plus have access to networks that helps put High Net Worth buyers and sellers together. We have referral partners in all the major feeder markets that move qualified buyers to Metro Atlanta. Here are some highlights of our network affiliations:


  • The Prudential Real Estate Affiliates network with over 1700 locations.
  • We are members of Who’s Who in Luxury Real Estate. With over 1650 members and 80,000 agents, this is the largest and most prestigious luxury network in the world. Their website is also the leading global website for luxury properties.
  • We are owned by HomeServices of America, a Berkshire Hathaway affiliate. HomeServices of America is ranked the nation’s second-largest, full-service residential real estate brokerage firm and one of the largest providers of integrated real estate services, with more than 17,000 agents in 21 states.
  • We are members of The Realty Alliance which is comprised of the largest real estate companies around the nation.


  • For luxury sellers, our Advanced Property Marketing System for Fine Homes is the most effective methodology to sell your property for the highest value. Our company is ranked #1 in homes sold for the past three years for a reason. Our local and global connections ensure our clients have the best chance to find that right buyer to fall in love with their amazing home.
    Please contact us to learn more about our Advanced Property Marketing System for Fine Homes.




    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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    Saturday, April 27, 2013

    More Photos Of Our Latest Lake Lanier Cottage For Sale In Dawsonville! You Won't Want To Miss This One!
























    Hurry for the best chance at getting this Lake Lanier cottage!  With 4 bedrooms and a single slip dock in a great cove, this one is a screaming buy!


    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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    Thursday, April 25, 2013

    Lake Lanier Homes For Sale! See The Latest Homes Selling And Going Under Contract!


    These Lake Lanier homes are some of the most recent to go to a "Pending" status, which means that they are now under contract.  Our website LakeSidneyLanierHomes.com alerted us to the news this morning.  Lake sales and activity is really ramping up, and we are seeing more of a change from a buyer's market to a seller's market as inventory is still tight.  Don't miss out on the latest Lake Lanier sales action!  Are you considering selling your Lake Lanier home?  Let us provide you with a free market analysis and sales trend report!


    New Status: Pending (was Active)
    Buford, GA 30518
    MLS Number: 5087855
    $279,900 3 Bedrooms
    View Details

    New Status: Pending (was Active)
    Gainesville, GA 30542
    MLS Number: 5097579
    $179,900 4 Bedrooms
    View Details

    New Status: Pending (was Contingent)
    Cumming, GA 30041
    MLS Number: 5131370
    $574,000 4 Bedrooms
    View Details




    English: Chattahoochee River in Norcross, Geor...
    English: Chattahoochee River in Norcross, Georgia Français : La rivière Chattahoochee à Norcross, dans l'état de Georgie (Photo credit: Wikipedia)


    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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    Wednesday, April 24, 2013

    Come See This Adorable Lake Lanier Home For Sale! This One Is Just Steps From The Waterfront!

    We are very excited about our newest Lake Lanier home for sale in Dawsonville near Thompson Creek! This adorable Lake Lanier cottage has 4 bedrooms and 2 baths on a full basement, and is just steps from the waterfront! Restored and ready to go, this cute home has that Lake Lanier charm that is so enticing. Check out the photos below. More photos and details coming soon!



















    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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    Tuesday, April 23, 2013

    Showing Homes For Sale On Lake Lanier! Is A Lake Lanier Home With A Swimming Pool A Good Idea When It's Time To Sell?

    I was back out showing homes on Lake Lanier today! As I have been saying inventory still seems to be very tight. If you are interested in selling your home, now could very well be the best time in the past six to seven years. Lake Lanier water levels are high, mortgage interest rates are low, and inventory is very tight. For these reasons buyers are creating a lot of pent up demand and are having difficulty finding very nice quality homes in their price ranges. Many very nice homes seem to be selling quickly and there just does not seem to be enough inventory coming on line fast enough.

    Today I was up north in Gainesville, looking at Lake homes that had swimming pools. Often times we wonder what the value of a pool is to a buyer. Interestingly, in today's market where we have seen water levels fluctuate on Lake Lanier.  With that in mind, the idea of a beautiful swimming pool and outdoor living area becomes much more important and takes on a larger role. If water levels are going to fluctuate, and if there may be times when there is no water under the dock, a swimming pool and outdoor living space make great sense and offer another form of family enjoyment and entertainment for when the lake water level goes down.  In this scenario, the pool and outdoor living space can provide an avenue for freedom outdoors, entertaining and a general all around source of fun.  It can be a very nice, private space and a space that can be quite enjoyable for grilling, sitting out during the evening and having parties out by the pool. 

    I have often heard that buyers either definitely want a pool or definitely do not want a pool.  Many buyers do not want the service and work that is part of owning a pool. So for that and other reasons, sellers who have a pool, may be limiting their buyer markets by quickly screening out those buyers who do not wish to have the service and upkeep of a pool. But I must tell you there are some gorgeous outdoor living spaces that incorporate swimming pools, grilling areas, hot tubs and lush landscaping. These features can provide for a tremendous escape, especially when the lake levels drop and the weather is nice outside.  How about you? What are your feelings about a swimming pool on a Lake Lanier property?  Do you think that a pool as an outdoor living space is a good idea? Are you looking for a Lake Lanier home with a swimming pool? Here is a partial list of homes with swimming pools, that are lakefront on Lake Lanier. Place a comment below, or give us a call, we'd love to discuss your thoughts about what you expect in a waterfront property on Lake Lanier!
















    Monday, April 22, 2013

    Speed Dining While Showing Homes For Sale On Lake Lanier!

    Before I get started on this post, I realize how silly this topic might sound!  Speed dining while showing homes on Lake Lanier?  So let me explain!

    I've been on a home showing tour-de-force these last couple of days.  Often showing 15 or more homes in a day.  We've started at 8:30 A.M. in the morning and usually finished up around 6 P.M. in the evenings.  And when you have to find a home, and you're on a tight time frame to do it, there isn't time to dilly dally around with sitting down for a one hour lunch at a crowded restaurant.  I like showing homes, and many clients have to make a decision quickly and value their time to get the job done.  It's all good with me!  And the more homes I can show on Lake Lanier in a day, the more knowledgable I become about home values, price range characteristics, and hot deals!  Most importantly it's a lot of fun, and the scenery is fantastic!

    So, that brings us to the point of one of my favorite topics:  Dining!  I love a great dinner in a wonderful setting as much as anyone.  However, now and then, you just have to make it fast and make it good.  So here are a couple of places that I stumbled upon this past week.

    First and fastest?  RaceTrac!  Really?  Yes, really!  It's like the Las Vegas casino buffet of convenience, fast food (hot or cold), clean, and friendly.  Our visit to one of their newest stores in Gainesville was excellent.  It's located at the corner of McEver Road and Browns Bridge Road.  There's also a brand new one in Dawsonville on Hwy. 400.  A chicken chipotle wrap for lunch, too many drink selections to count, desserts of all types, a walk-in beverage cooler, seating areas for dining in the store and so much more!  Fast, pleasant service, gas pumps galore, clean restrooms.  I was astounded by the variety, efficiency, and design of this Taj Mahal of convenience stores.  A silly, quick stop, but with variety and customer service that I applaud!  And check out their Mission Statement / Core Values!





    The second hot stop that I would like to recognize is in Cumming on Browns Bridge Road.  A local favorite, truly a huge fave among the area residents.  That Biscuit Place!  I have to admit that I have driven past this eatery many times and witnessed its popularity.  But I have never stopped in until this past Saturday.  For breakfast or lunch, this local joint packs them in.  Think full parking lot with overflow customers parking in the grassy areas surrounding the restaurant.  Fast?  You bet!  They have a drive through, and we used it to feed three hungry Lake Lanier real estate shoppers with ease.  We hit up this winner on Saturday morning.  Two bacon egg and cheese biscuits and one chicken biscuit.  All huge!  All fresh!  All local!  Here's a look at their menu!  I'll be back to That Biscuit Place for sure!  Click the link below for their Facebook Page.


     That Biscuit Place - Cumming, GA


    So, that's pretty much it for a silly post about serious food, convenience and speed dining on Lake Lanier!  Just a couple of notable experiences from this past weekend's home shopping trips 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 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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    Sunday, April 21, 2013

    See Our Updated Lake Lanier And Metro Atlanta New Movers Smart Guide! Plus, New CRS Articles For Lake Lanier Home Area Buyers & Sellers!

    Wow!  Have you seen our latest New Movers Smart Guide?  It is packed with all sorts of fantastic community, school and real estate information for Lake Lanier and the surrounding areas, even Metro Atlanta!  View in-depth articles, a Metro Atlanta Community Guide,  Metro Atlanta Education Guide, Local Real Estate Market Videos, Area Attractions, Maps and so much more!  There is simply so much information packed into this online resource, it is hard to describe.  Check it out for yourself by clicking on the link below!



    Are you familiar with the Council Of Residential Specialists? As a Council Member, I am proud to be able to provide exceptional information, marketing ideas, and real estate knowledge which is part of the Council's mission and path to success. CRS describes their network as follows:






    Working with a CRS member as your real estate agent has tremendous benefits and advantages!  The interesting articles below were provided to us in our weekly CRS newsletter.  Simply click on the links to read these valuable articles from the various sources.  Contact us  today to find out more about how our CRS Membership can benefit you in the purchase or sale of your Lake Lanier real estate!

    9 Ways to Make a Home Offer Irresistible to Sellers via@Kiplinger
    The Worst Home Improvements for the Money via@ChicagoTribune
    House Stalkers Finding Ways to Buy Homes that Aren't for Sale via @NBCNewsBusiness
    5 Steps to Becoming Unflusterable via @CBSmoneywatch


















    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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    Tuesday, April 16, 2013

    April Real Estate Market Update For Cumming & Other Lake Lanier Areas! See All Of The Latest Trends!

    Just click the video below for the latest real estate market update for Cumming, Georgia. You may also view additional video reports for Forsyth County, Milton, Alpharetta, Dawsonville/ Dahlonega, the North Georgia Mountains and many other markets in the metro area. Please contact us with any questions regarding your real estate needs. We have access to proprietary information resources that are not available to the public and can help you understand the real facts in your area. 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 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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    Monday, April 15, 2013

    Showing Lake Lanier Homes For Sale! Lake Lanier Waterfront Homes, With Docks Under $300,000!

    What a weekend!  Saturday was the perfect weather day for showing homes for sale on Lake Lanier!  We were out all morning looking at waterfront homes with docks priced under $300,000.  I was impressed by the homes that we visited, and I will say that there are a number of homes in this price range that will really surprise you with the water view, depth of water and condition of the home.

    We spent most of our time in Cumming on the Forsyth County side of Lake Lanier.  We showed the following four homes and visited the waterfront on each property.  With the lake at full pool and Spring in the air, it was a very pleasant time to be on Lake Lanier.  I wished that we could have seen more homes!  Inventory is still a bit light.  If you are considering selling your Lake Lanier home or real estate, this market may be one of the best times to list in the last five years.  The lake is gorgeous, mortgage rates are still attractive and there is quite a bit of pent up buyer demand.  Please contact us if you are interested in a free market analysis and listing proposal, and we will gladly meet with you at your property for a comprehensive evaluation and marketing plan!




    Property Listings

    1970 Ridge Road
    Cumming, GA
    MLS Number: 5129417
    Listing Price: $249,000
     
    View Details

    1295 TIMBER LAKE Trail
    Cumming, GA
    MLS Number: 5075622
    Listing Price: $245,000
     
    View Details

    5655 Mercedes Drive
    Cumming, GA
    MLS Number: 5091443
    Listing Price: $244,900
     
    View Details

    6255 Shady Grove Road
    Cumming, GA
    MLS Number: 5087730
    Listing Price: $229,000
     
    View Details























    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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