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.