Monday, May 27, 2019

Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor – May 2019


Berkshire Hathaway HomeServices
Georgia Properties
Real Estate Advisor – May 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 through April 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 mid-market ($500,000 to $1 mil) and luxury market ($1 mil+) are showing positive gains compared to last year.
The spring market is in full swing and April results are stronger after a slower first quarter. Early results for May also show strong sales results.
Mortgage rates have dropped recently which is great news for everyone. Metro Atlanta continues to be very affordable relative to other metropolitan 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 Events are Sunday, May 19th, June 9th and June 23rd from 2pm – 5pm. There will be hundreds of beautiful open houses available and one lucky sweepstakes winner will win 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 the most potential buyers. We run a massive advertising campaign on Zillow, Facebook, Instagram and thousands of popular websites plus extensive local neighborhood marketing to generate maximum exposure to 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!



5G is the 5th generation of cellular wireless technology that will bring lightning speeds of 10 to 20 “Gigabytes Per Second” to your phone, tablet or other devices. That is more than 100 to 200 times the current speeds of 4th generation cellular wireless! 5G technology has lower latency which means applications like video, virtual reality and smart home solutions will work better. 5G also allows these new networks to connect many more devices. The combination of these 3 things will be a game-changer for the way we work, live and play. Click here to view our Real Estate Redefined Video with more details about 5G wireless technology.

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.

Friday, May 24, 2019

Just Sold! Exceptional, Lake Lanier Waterfront Cottage On Deep Water Cove With Single-Slip Covered Dock In Cumming!

Just Sold!  1930 Kemp Drive - An Exceptional, Lake Lanier Waterfront Cottage On Deep Water Cove With Single-Slip Covered Dock In Cumming!  After a very brief 4 days on the market, this Lake Lanier charmer was under contract and moving to close!

Property Description:

Exceptional, Lake Lanier Waterfront Cottage On Deep Water Cove With Single-Slip Covered Dock In Cumming!  Rare grass-to-water lot provides scenic, open spectacular views! Recently renovated five bedrooms, three bath cottage with master on main, open kitchen with island and breakfast bar, great room with large stone fireplace and a large sunroom off the back. Full finished terrace level including two bedrooms, one bath, and two additional living areas.Possible inlaw suite. Walk-out terrace level with covered patio offers easy access to a level lake approach. Beautifully landscaped lot, oversized two car garage with large storage area up. Additional outbuilding included. Outstanding property!

Click Here For All Of The Details Of The Sale Of 1930 Kemp Drive!

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

Outbuilding Included

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier

1930 Kemp Drive waterfront on Lake Lanier


Many thanks to our seller clients for trusting Lake Sidney Lanier Homes and Arthur Prescott in the listing and sale of their wonderful Lake Lanier home!  And congratulations to the new owner with a big thank you to Veronica Jones of Mark Spain Real Estate for her excellent representation of the buyer in this transaction!

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, May 23, 2019

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

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

Highlights: (compared to April 2018)

Forsyth County

https://create.piktochart.com/output/38873340-400n-04_2019-forsyth
Total single family home sales: 395 (7.7% decrease)
Median sales price: $365,000 (3.4% increase)
Average sales price: $401,000 (4.4% increase)
Total active listings: 1,297 (5.4% increase)
New listings: 530 (12.8% increase)
Month’s Supply: 3.6 (13.2% increase)

Dawson County

https://create.piktochart.com/output/38874756-400n-04_2019-dawson
Total single family home sales: 52 (20.0% decrease)
Median sales price: $243,000 (1.3% increase)
Average sales price: $315,000 (2.6% increase)
Total active listings: 200 (13.0% decrease)
New listings: 66 (3.1% increase)
Month’s Supply: 4.1 (17.9% decrease)

Lumpkin County

https://create.piktochart.com/output/38874617-400n-04_2019-lumpkin
Total single family home sales: 42 (10.5% increase)
Median sales price: $200,000 (6.1% decrease)
Average sales price: $222,000 (.9% decrease)
Total active listings: 138 (0.7% decrease)
New listings: 45 (36.4% increase)
Month’s Supply: 4.0 (1.9% decrease)

Outdoor Dining At Pig Tale's Restaurant At Aqualand Marina 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.

Tuesday, May 21, 2019

Just Sold! Two Waterfront Land Tracts Totaling 3.059 Acres In Flowery Branch On Lake Lanier!


Just Sold!  Two Waterfront Land Tracts Totaling 3.059 Acres In Flowery Branch On Lake Lanier!

Congratulations to our Lake Lanier buyer clients on their recent purchase of this very private, waterfront land located along Nichols Road in Flowery Branch!  This property had tremendous water frontage on a deep water cove near Aqualand Marina and Lake Lanier's open sailing waters.  A covered, single-slip, 31' x 32' dock was included in the purchase.  With so few, large, undeveloped land tracts left on Lake Lanier, this property was a tremendous acquisition and one that offers excellent opportunities!

Click Here For Details Of The Sale

Lake Lanier Property with frontage on Nichols Road in Flowery Branch

Lake Lanier Property with frontage on Nichols Road in Flowery Branch
Lake Lanier Property with frontage on Nichols Road in Flowery Branch




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, May 17, 2019

Just Sold! 4.68 Acre Waterfront Lot In Lake Lanier's Luxurious Harbour Point Yacht Club!

Just Sold!  4.68 Acre Waterfront Lot In Lake Lanier's Luxurious Harbour Point Yacht Club!
Congratulations to our buyer clients on the purchase of this extraordinary property located in the prestigious Lake Lanier resort community, Harbour Point Yacht Club!  One of the largest land sales ever recorded in Harbour Point, our clients are sure to enjoy the privacy and exclusivity of this one-of-a-kind property located at 3542 Water Front Drive in Gainesville.  We can't wait to see the progress on this property as the new owners start their home construction!




Congratulations to Eric White of the Lake Sidney Lanier Homes team for his hard work and expert representation of our clients in this transaction!  Eric travels Lake Lanier daily, and he consistently finds the best waterfront properties for our clients!  And, many thanks to Linda Morris of Harbour Point Realty for her assistance and representation of the seller 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 eighteen 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, May 15, 2019

Just Sold! Our Most Recent Sale 3565 Sweetwater Drive Cumming, GA Near Lake Lanier!

Just Sold! Our Most Recent Sale 3565 Sweetwater Drive Cumming, GA Near Lake Lanier! We were under contract so quickly, that we never got the chance to do our regular blog listing post!

Details Of The Sale:  www.LakeSidneyLanierHomes.com/6533019



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.

Tuesday, May 14, 2019

Why Use An Accredited Buyer's Agent When Purchasing A Home?

Why Use An Accredited Buyer's Agent When Purchasing A 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, May 08, 2019

Georgia Housing Market Snapshot For March 2019

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


The Georgia housing market posted steady numbers for March with slight increases and decreases across the board. Indicators for March are as follows:
  • New Listings decreased 1.1 percent to 18,483.
  • Pending Sales were up 0.5 percent to 13,911.
  • Inventory levels grew 1.5 percent to 41,463 units.
  • Median Sales Price increased 4.4 percent to $222,000.
  • Days on Market was down 9.1 percent to 60 days.
  • Months Supply of Inventory was down 5.3 percent to 3.6 months.
Please click below to view the full report for March 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.

Sunday, May 05, 2019

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

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



The numbers are in for Lake Lanier home sales for the month of March 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 $1,379,853

The lowest home price sale was $330,000

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

The average build date was 1983

The average original list price was $763,656

The average list price after price adjustments was $671,211

The average sales price was $619,270

Sales price vs original list price ratio came in at 86.72 %

Average total days on market was 213






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.

Monday, April 29, 2019

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

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

Highlights: (compared to March 2018)

Forsyth County

Total single family home sales: 353 (10.9% decrease)
Median sales price: $365,000 (4.3% increase)
Average sales price: $402,000 (8.4% increase)
Total active listings: 1,196 (4.1% increase)
New listings: 472 (2.6% increase)
Month’s Supply: 3.3 (9.9% increase)

Dawson County

Total single family home sales: 59 (68.6% increase)
Median sales price: $239,000 (5.3% increase)
Average sales price: $319,000 (16.0% increase)
Total active listings: 188 (7.4% decrease)
New listings: 59 (7.8% decrease)
Month’s Supply: 3.8 (18.4% decrease)

Lumpkin County

Total single family home sales: 38 (8.6% increase)
Median sales price: $206,000 (3.7% decrease)
Average sales price: $213,000 (9.0% decrease)
Total active listings: 134 (6.3% increase)
New listings: 41 (24.2% increase)
Month’s Supply: 4.0 (3.7% increase)

The Cherry Trees In Bloom On Johnson Creek @ 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.