Friday, April 26, 2019

Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor – April 2019

Berkshire Hathaway HomeServices
Georgia Properties
Real Estate Advisor – April 2019

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 with market data through March 2019.

The entry-level market has strong demand and very low inventory. There are many multiple offers and values rose faster than other segments. The luxury market remains a buyer’s market in most areas with buyers negotiating better pricing and terms.
The spring market is here! We see substantially increased buyer demand. Mortgage rates have dropped recently which is great news for everyone. Greater Metro Atlanta continues to be very affordable relative to other metro areas around the country.
Click here for a detailed report on the U.S. Market, Metro Atlanta Market, Brokerage Rankings and Future Trends.



Our next MEGA Open House Event is Sunday, April 28th from 2pm – 5pm. There will be hundreds of beautiful open houses available and one lucky sweepstakes winner will get a cool Amazon Alexa Package. MEGA Open House Events are a very effective component of our Advanced Property Marketing for our seller clients to attract more buyers. We run extensive open house ads on Zillow plus Facebook, Instagram, Google 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!



How would you feel if you sold your house and the buyer turned around and sold it for a profit of $30,000 or more? This is happening to hundreds of sellers in Metro Atlanta right now. iBuyers make their money based on their high commissions and high fees plus any profit on the buying and selling of the homes purchase. Click this link to our Real Estate Redefined Video Series to learn the facts – so you can “do the math” on your sale! https://vimeo.com/326632295/159429405a.

Contact us to learn more about our Advanced Property Marketing to expose our listings to the largest possible audience of buyers. This increases the chances of finding the right buyer and negotiating the best terms that achieve success for our clients.



This is a special time of year when we celebrate the Easter and Passover. We wish all our clients, customers and friends a Happy Easter and Blessed Passover.

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 seventeen 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.

Thursday, April 25, 2019

Rely On Us For A Better Way To Find Your Lake Lanier Home!

Rely On Us For A Better Way To Find Your 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 seventeen 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, April 24, 2019

Just Sold By Arthur Prescott! This Luxurious & Absolutely Stunning Lake Lanier Waterfront Home In Cumming On The South End Of Lanier Is What Dreams Are Made Of!

Just Sold By Arthur Prescott!  This Luxurious & Absolutely Stunning Lake Lanier Waterfront Home In Cumming On The South End Of Lanier Is What Dreams Are Made Of!

Property Description:

This absolutely stunning Lake Lanier luxury, waterfront home is located along the shores of Six Mile Creek in Cumming, Georgia on the south end of Lake Lanier! This Home Is Truly Luxury Redefined!  An exclusive, resort-style setting, gated entry, level lot, lake views and easy access to a covered deep water dock! Heated/Infinity/Pebble Tec saltwater pool, covered outdoor kitchen and dining areas, grounds with professional landscaping and lighting! Master on main, two gourmet kitchens, two fireplaces, wine cellar, game room, premium 12 camera video security system, home automation system! Newly remodeled with an overall estimated $800K in upgrades! This property offers the finest quality and extraordinary luxury to create an outstanding Lake Lanier lifestyle!

Click Here For More Details On The Sale!

Luxurious grounds and approach to 6010 Robbs Drive

Aerial view of 6010 Robbs Drive

The Lake Lanier cove with a covered dock at 6010 Robbs Drive


Pool and outdoor living at 6010 Robbs Drive

Outdoor kitchen and dining area at 6010 Robbs Drive

Covered slip dock on Lake Lanier at 6010 Robbs Drive

Grand entry to 6010 Robbs Drive

The luxurious main level kitchen at 6010 Robbs Drive

The fully appointed master bathroom at 6010 Robbs Drive

Ultra luxurious master bedroom at 6010 Robbs Drive

Terrace level kitchen and wine cellar at 6010 Robbs Drive

Terrace level family room at 6010 Robbs Drive
The property has an exclusive resort style setting with a gated entry, level lot, lake views, and easy access to a deep water dock! Check out the extensive upgrades and additions that the owners have made to this incredible resort style property!







CLICK HERE FOR ALL OF THE DETAILS & PHOTOS OF 6010 ROBBS DRIVE!

Many thanks to Beverly Wellborn of Smart Decision - Sharon Dover & Associates for her representation of the buyers in the sale!

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 seventeen 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, April 10, 2019

Lake Lanier Home For Sale 3511 Point View Circle Gainesville Georgia!



Immaculate Lake Lanier waterfront home on deep water with double-slip dock, party deck and beautiful year around lake views! Luxurious master on main, open floor plan & smart design! Features 4 bedrooms, 2.5 baths, rich hardwood floors, granite kitchen counters, stainless steel appliances, double ovens, jetted tub, double granite vanities, trey ceilings, tile baths, separate dining room, 2 fireplaces, lakeside deck and patio, and so much more! This is a SPECTACULAR lake home! 2005 quality construction that looks brand new! Move-In ready! 10+++!

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 seventeen 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, March 27, 2019

Georgia Housing Market Snapshot For February 2019

Georgia Housing Market Snapshot For February 2019. All information provided courtesy of the Georgia Association REALTORS®.

The housing market in Georgia remains healthy, with gains posted for Pending and Closed Sales, as well as Median and Average Prices. While Inventory is still low overall, we do see a gain in supply year over year. Indicators for February are as follows:
  • New Listings decreased 0.9 percent to 15,012.
  • Pending Sales were up 7.4 percent to 11,389. 
  • Inventory levels grew 2.3 percent to 40,724 units.
  • Median Sales Price increased 4.3 percent to $210,000.
  • Days on Market was down 5.6 percent to 68 days.
  • Months Supply of Inventory was down 7.9 percent to 3.5 months.
Please click below to view the full report for February 2019.




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 seventeen 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.

Monday, March 25, 2019

Lake Lanier Waterfront Home Sales For January 2019! Let's Check The Sales Trends!

Lake Lanier Waterfront Home Sales For January 2019! Let's Check The Sales Trends!



The numbers are in for Lake Lanier home sales for the month of January 2019! 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:  18

The highest home price sale was $1,437,424

The lowest home price sale was $186,000

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

The average build date was 1988

The average original list price was $636,633

The average list price after price adjustments was $618,394

The average sales price was $575,240

Sales price vs original list price ratio came in at 91.53 %

Average total days on market was 111






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 seventeen 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.

Friday, March 22, 2019

Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor – March 2019

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. Better information leads to better real estate decisions!





Click here for a comprehensive market report for Greater Metro Atlanta and North Georgia through February 2019. The report includes National Trends, the Greater Metro Atlanta Real Estate Report plus Housing and Economic Drivers for Georgia.

Metro Atlanta Closed Units were up 23% from January and down 1.9% compared to last February. March activity looks stronger as we move toward the spring market.

Contact us to learn more about your local trends.




March Madness is upon us. Here is a link to a printable bracket. We will find out who wins in Minneapolis on Monday night, April 8th. Can you pick the perfect bracket? According to a study from DePaul University, the odds of picking a perfect bracket are one in 9.2 quintillion (1 in 9,223,372,036,854,775,808). The odds are worse than winning two Mega Millions jackpots in a row. Did you know?


Only once have all four #1 seeds made it to the final four (2008).
Until last year, no #16 seed had ever beaten a #1 seed in the first round. #16 seed Maryland-Baltimore County defeated #1 seed Virginia 74-54 in the first round only to lose in the second round to Kansas State.
The phrase “March Madness” was first coined in 1982 by sportscaster Brent Musburger.
In the 80 years of the tournament, only 35 schools have ever won the top prize.
During March Madness, pizza orders increase by 19% and beer sales increase by 28%. Dessert orders increase 9% after favorite teams lose.

March Madness is big fun and big business. We hope your favorite team has a great run in the tournament. It will be fun to watch the buzzer beaters, Cinderella stories and epic matchups!





Our next MEGA Open House Event is Sunday, March 24th 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 to attract more buyers. We run extensive open house ads on Zillow plus Facebook, Instagram, Google 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!

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 seventeen 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, March 20, 2019

Cumming Georgia Real Estate Video Market Update

 Cumming, Georgia Real Estate Video Market Update
















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 seventeen 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.

Monday, March 18, 2019

February 2019 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties!

February 2019 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties!  All data is courtesy of the 400 North Association of REALTORS®.

Highlights: (compared to February 2018)

Forsyth County
Infographic - https://create.piktochart.com/output/37420245-400n-02_2019-forsyth
Total single family home sales: 231 (16.3% decrease)
Median sales price: $358,000 (3.5% increase)
Average sales price: $379,000 (1.3% increase)
Total active listings: 1,121 (4.4% increase)
New listings: 378 (15.2% increase)
Month’s Supply: 3.1 (9.8% increase)

Dawson County
Infographic - https://create.piktochart.com/output/37420731-400n-02_2019-dawson
Total single family home sales: 39 (21.9% increase)
Median sales price: $247,000 (6.0% increase)
Average sales price: $292,000 (1.4% increase)
Total active listings: 184 (1.6% decrease)
New listings: 53 (10.4% increase)
Month’s Supply: 3.8 (8.5% decrease)

Lumpkin County
Infographic - https://create.piktochart.com/output/37420503-400n-02_2019-lumpkin
Total single family home sales: 20 (33.3% decrease)
Median sales price: $214,000 (19.6% increase)
Average sales price: $238,000 (22.7% increase)
Total active listings: 137 (14.2% increase)
New listings: 28 (3.7% increase)
Month’s Supply: 4.2 (11.9% increase)

Lake Lanier high waters above full pool

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 seventeen 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.

Thursday, March 14, 2019

Lake Sidney Lanier Homes And Arthur Prescott - Buying & Selling Lake Lanier Homes For Our Clients Since 2001! Throwback Thursday!

Lake Sidney Lanier Homes And Arthur Prescott - Buying & Selling Lake Lanier Homes For Our Clients Since 2001!  Throwback Thursday!

Today, as part of our throwback series, we are highlighting this Lake Lanier waterfront home located at 6342 Chesla Drive in Gainesville, Georgia.  We assisted our client in purchasing this relaxing Lake Lanier cabin in June of 2005!  This was a cozy, rustic cabin with lots of privacy.  It was located on a very nice lot with the home very close to the water.  There was a large deck area and a huge screened porch just steps from the water.  The home had seasonal views of the deep water cove and single slip dock.  In 2005, prices and demand were rocketing up, and this was one of the best deep water lake homes available under $400,000.

MLS Property Description:

Cozy, quaint cottage on deep water with a single-slip covered boat dock.  Hardwood floors, screened porch, gazebo.  Furniture is negotiable! 


MLS Property Details:


Bedrooms: 3
Bathrooms: 2
Year Built: 1984
Square Footage: 1,216 Finished Above Grade
Lot Size: 0.72 Acres

2005 Sales Price: $390,000

6342 Chesla Drive in Gainesville, Georgia on Lake Lanier

6342 Chesla Drive in Gainesville, Georgia on Lake Lanier

6342 Chesla Drive in Gainesville, Georgia on Lake Lanier

6342 Chesla Drive in Gainesville, Georgia on Lake Lanier

6342 Chesla Drive in Gainesville, Georgia on Lake Lanier

6342 Chesla Drive in Gainesville, Georgia 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 seventeen 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.