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    LAKE LANIER REAL ESTATE – We are the #1 Lake Lanier Realtors, 20 Years selling Lake Lanier Homes for Sale - We help both Buyers and Sellers, Call today for a no-obligation home consultation 770-235-6907. Top Lake Lanier Real Estate, LakeLaniersFinest.com, Leading Agents Lake Lanier

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    Sheila Davis’ 2024 Lake Lanier Real Estate Report and 2025 forecast

    Discover the Latest Insights in Lake Lanier Real Estate! Sheila Davis, has just released the highly anticipated 2024 Lake Lanier Real Estate Report & 2025 Forecast! 📊
    This comprehensive report is your ultimate guide to understanding market trends, home values, and what lies ahead for one of Georgia’s most sought-after regions -The Lake Lanier area. Whether you’re buying, selling, or just curious about Lake Lanier’s vibrant real estate landscape, this is a must-read!

    🌟 Why trust us?
    As the top Realtors on Lake Lanier, we have the expertise to guide you every step of the way.
    ✅ Why call us?
    We’re not just the #1 Realtors on Lake Lanier—we’re your local experts, neighbors, and biggest advocates. our team is passionate about this community – From finding the perfect lakeside home to selling for top dollar, we’re here to make your goals a reality.
    📞 Ready to talk? Call us today! 770-235-6907 Let’s discuss how we can make your Lake Lanier real estate dreams come true. Don’t wait—your next move starts here! Whether you’re planning your next move or simply exploring your options, we’re here to make it easy for you.

    Posted in: Buying a Lake home, Lake Lanier Information, Media, Media Sheila Davis Group, Our Blog, Selling your home Tagged: 2024 Lake Lanier Real Estate Report, Lake Lanier Real Estate, Top Realtors Lake Lanier

    The Best Week To List Your House Is Almost Here

    Lake Lanier homes for sale Sheila Davis Group

    Lake Lanier homes for sale Sheila Davis Group

    Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner.

    A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14th-20th:

    “Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the week of April 14–20 is the best time to sell—that is, if sellers want to see lots of interest in their homes, sell quickly, and pocket some extra cash, according to Realtor.com® data.”

    Here’s why this matters for you. While the spring market is a great time to sell no matter the week, this may be the peak sweet spot. And if you’ve been putting your plans on the back burner and waiting for the right time to act, this could be the nudge you need to make your move happen. As Hannah Jones, Senior Economic Research Analyst at Realtor.com explains:

    “The third week of April brings the best combination of housing market factors for sellers. The best week offers higher buyer demand, lower competition [from other sellers], and fewer price reductions than the typical week of the year.”

    But, if you want to get in on the action, you’ll need to move quickly and lean on the pros. Your local real estate agent is the perfect go-to when it comes to figuring out a plan to prep your house and get it on the market.

    They’ll be able to offer advice to balance your target listing date with what you need to do from a repair and renovation standpoint. And they can walk you through exactly how to prioritize your list so you know what to tackle first.

    For example, if your house is already in good shape, you’ll be able to really focus in on the smaller things that are easy to do and make a big impact. As an article from Investopedia says:

    “You won’t have time for any major renovations, so focus on quick repairs to address things that could deter potential buyers.”


    Just remember, even if you’re not ready to list within the next couple of weeks, that’s okay. The window of opportunity doesn’t close when this week ends. Spring is the peak homebuying season and it’s still a seller’s market, so you’ll be in the driver’s seat all season long.

    Bottom Line: Ready to get the ball rolling? Let’s connect and schedule a time to go over your next steps. Sheila Davis, The Sheila Davis Group -The Norton Agency 770-235-6907. or use this contact me form

    Lake Lanier Real Estate Sheila Davis Group

    Posted in: Buying a Lake home, Lake Lanier, Media Sheila Davis Group, Our Blog, Selling your home Tagged: Best Lake Lanier Realtors, Homes for sale, Lake Lanier homes for sale

    These Top Cities Show Home Prices Are Still Climbing

    If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know.

    There’s still a lot of confusion and misinformation out there. So, no matter what you may have heard, the national data shows they’ve actually been climbing again (see graphs below):

    As you can see, in the first half of 2022, home prices went way up. Those increases were dramatic and unsustainable. So, in the second half of 2022, prices adjusted. Those dips were small and didn’t last very long. Still, the news made a big deal about these slight declines, which may have made you worry.

    But what’s important to know is that, in 2023, prices are going up again, and this time it’s at a more normal pace. The fact that all three reports now show more typical price increases this year is good news for the housing market.

    Home Prices Are Rising Across the Top Cities in the U.S.

    After seeing steady home price growth at the national level for the last several months, you may wonder if prices are going up in your local area, too. Know this: while this will vary from one area to the next, home prices are appreciating in these top cities Case-Shiller reports on in their monthly price index (see chart below):

    That’s why so many experts are able to forecast home prices will end the year in the positive and continue going up in 2024.

    Here’s How This Affects You

    • For Buyers: If you’ve been waiting to buy a home because you were concerned it might lose value, the fact that home prices are going up should ease your worries. Buying a home before prices climb higher can be a smart move since home values typically appreciate over time.
    • For Sellers: If you’ve been postponing selling your house because you were worried about how changing home prices would affect its value, now might be a good time to work with a real estate agent to put your house on the market. You don’t have to wait any longer because the data shows home prices are in your favor.

    Bottom Line

    If you delayed moving because you were concerned home prices would drop, don’t worry – the numbers show they’re going up nationally. To better understand how home prices are changing in your local area, give us a call, Sheila Davis 770-235-6907 Contact Us

    Posted in: Buying a home, Buying a Lake home, Featured Posts, Media, Media Sheila Davis Group, Our Blog, Selling your home

    Why Home Prices Keep Going Up

    If you’ve ever dreamed of buying your own place, or selling your current house to upgrade, you’re no stranger to the rollercoaster of emotions changing home prices can stir up. It’s a tale of financial goals, doubts, and a dash of anxiety that many have been through.

    But if you put off moving because you’re worried home prices might drop, make no mistake, they’re not going down. In fact, it’s just the opposite. National data from several sources says they’ve been going up consistently this year (see graph below):

     

    Here’s what this graph shows. In the first half of 2022, home prices rose significantly (the green bars on the left side of the graphs above). Those increases were dramatic and unsustainable.

    So, in the second half of the year, prices went through a correction and started dipping a bit (shown in red). But those slight declines were shallow and short-lived. Still, the media really focused on those drops in their headlines – and that created a lot of fear and uncertainty among consumers.

    But here’s what hasn’t been covered fully. So far in 2023, prices are going up once more, but this time at a more normal pace (the green bars on the right side of the graphs above). And after price gains that were too high and then the corrections that followed in 2022, the fact that all three reports show more normal or typical price appreciation this year is good news for the housing market.

    Orphe Divounguy, Senior Economist at Zillow, explains changing home prices over the past 12 months this way:

    “The U.S. housing market has surged over the past year after a temporary hiccup from July 2022-January 2023. . . . That downturn has proven to be short lived as housing has rebounded impressively so far in 2023. . .”

    Looking ahead, home price appreciation typically starts to ease up this time of year. As that happens, there’s some risk the media will confuse slowing price growth (deceleration of appreciation) with home prices falling (depreciation). Don’t be fooled. Slower price growth is still growth.

    Why Are Home Prices Increasing Now?
    One reason why home prices are going back up is because there still aren’t enough homes for sale for all the people who want to buy them.

    Even though higher mortgage rates cause buyer demand to moderate, they also cause the supply of available homes to go down. That’s because of the mortgage rate lock-in effect. When rates rise, some homeowners are reluctant to sell and lose their current low mortgage rate just to take on a higher one for their next home.

    So, with higher mortgage rates impacting both buyers and sellers, the supply and demand equation of the housing market has been affected. But since there are still more people who want to purchase homes than there are homes available to buy, prices continue to rise. As Freddie Mac states:

    “While rising interest rates have reduced affordability—and therefore demand—they have also reduced supply through the mortgage rate lock-in effect. Overall, it appears the reduction in supply has outweighed the decrease in demand, thus house prices have started to increase . . .”

    Here’s How This Impacts You

    Buyers: If you’ve been waiting to buy a home because you were afraid its value might drop, knowing that home prices have gone back up should make you feel better. Buying a home gives you a chance to own something that usually becomes more valuable over time.

    Sellers: If you’ve been holding off on selling your house because you were worried about how changing home prices would impact its value, it could be a smart move to work with a real estate agent and put your house on the market. You don’t have to wait any longer because the most recent data indicates home prices have turned in your favor.

    Bottom Line: If you put off moving because you were worried that home prices might go down, data shows they’re increasing across the country. Let’s connect so you can understand how home prices are changing in our local area. Sheila Davis 770-235-6907

    Posted in: Buying a home, Buying a Lake home, Featured Posts, Media Sheila Davis Group, Our Blog, Selling your home Tagged: 2023, Buying Myths, first time home buyers, For Buyers, For Sellers, Housing Market Updates, Housing Myths, RE Market, Real Estate, selling myths

    Key Skills You Need Your Listing Agent To Have

    Selling your house is a big decision. And that can make it feel both exciting and a little bit nerve-wracking. But the key to a successful sale is finding the perfect listing agent to work with you throughout the process. A listing agent, also known as a seller’s agent, helps market and sell your house while advocating for you every step of the way.

    But, how do you know you’ve found the perfect match in an agent? Here are three key skills you’ll want your listing agent to have.

    They Price Your House Based on the Latest Data

    While it may be tempting to pick the agent who suggests the highest asking price for your house, that strategy may cost you. It’s easy to get caught up in the excitement when you see a bigger number, but overpricing your house can have consequences. It could mean it’ll sit on the market longer because the higher price is actually deterring buyers.

    Instead, you want to pick an agent who’s going to have an open conversation about how they think you should price your house and why. A great agent will base their pricing strategy on solid data. They won’t throw out a number just to win your listing. Instead, they’ll show you the facts, explain their pricing strategy, and make sure you’re on the same page. As NerdWallet explains:

    “An agent who recommends the highest price isn’t always the best choice. Choose an agent who backs up the recommendation with market knowledge.”

    They’re a Great Negotiator

    The home-selling process can be emotional, especially if you’ve been in your house for a long time. You’re connected to it and have a lot of memories there. This can make the negotiation process harder. That’s where a trusted professional comes in.

    A skilled listing agent will be calm under pressure and will be your point-person in all of those conversations. Their experience in handling the back-and-forth gives you with the peace of mind that you’ve got someone on your side who’s got your best interests in mind throughout this journey.

    They’re a Skilled Problem Solver

    At the heart of it all, a listing agent’s main priority is to get your house sold. A great agent never loses sight of that goal and will help you prioritize your needs above all else. If they identify any necessary steps you need to take, they’ll be open with you about it. Their commitment to your success means they’ll work with you to address any potential roadblocks and find creative solutions to anything that pops up along the way.

    BankRate explains it like this:

    “Just as important as the knowledge and experience agents bring is their ability to guide you smoothly through the process. Above all, go with an agent you trust and will feel comfortable with. . .”

    Bottom Line

    Whether you’re a first-time seller or you’ve been through selling a house before, a great listing agent is the key to success. Let’s connect so you have a skilled local expert by your side to guide you through every step of the process. The Sheila Davis Group 770-235-6907

    Posted in: Featured Posts, Media Sheila Davis Group, Our Blog, Selling your home Tagged: Best Lake Lanier Realtors, Lake Lanier homes for sale, Lake Lanier Realtor, Top Realtor

    Home Prices Are Not Falling

    During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the residential real estate market.

    If it made you question if you should delay your own plans to move, here’s what you really need to know.

    Home Prices Never Crashed

    Disregard what you saw in the headlines. The actual data shows home prices were remarkably resilient and performed far better than the media would have you believe (see graph below):

    This graph uses reports from three trusted sources to clearly illustrate prices have already rebounded after experiencing only slight declines nationally. That’s a far cry from the crash so many articles called for.

    The declines that did happen (shown in red), weren’t drastic but were short-lived. As Nicole Friedman, a reporter at the Wall Street Journal (WSJ), says:

    “Home prices aren’t falling anymore. . . The surprisingly quick recovery suggests that the residential real-estate downturn is turning out to be shorter and shallower than many housing economists expected . . .”

    Even though some media coverage made a big deal about home prices pulling back, the slight correction that happened is already in the rearview mirror. Basically, this data shows you home prices aren’t falling anymore – they’re actually going back up.

    What’s Next for Home Prices?

    The consensus from experts is that home price growth will continue in the years ahead and is returning to normal levels for the market. That means we’ll still see home prices appreciating, just at a slower pace than the last few years – and that’s a good thing.

    Some news sources will see home price growth slowing and put out stories that make you think prices are falling again. The return of misleading headlines like those is already having an impact on how homebuyers are feeling again. You can see how this affects general opinion in the Consumer Confidence Survey from Fannie Mae (see graph below):

    While the percentage of Americans who think prices will fall has been slowly declining this year, the latest Consumer Confidence data indicates that’s ticked back up recently (shown in red). This change is surprising especially since the home price data shows prices are going up, not down. It tells you the impact the media still has on public opinion.

    Don’t fall for the negative headlines and become part of this statistic. Remember, data from a number of sources shows home prices aren’t falling anymore.

    Bottom Line:

    Even though the media may make things sound doom and gloom, the data shows home prices aren’t falling anymore. So, don’t let the headlines scare you or delay your plans. Let’s connect so you have a trusted resource to cut through the noise and tell you what’s really happening in our area. Give us a call today! 770-235-6907 Sheila Davis

    Sheila Davis 770-235-6907

     

    Posted in: Featured Posts, Media Sheila Davis Group, Our Blog, Selling your home

    Real Estate Continues To Be the Best Investment

    real estate is best long term investment 2023

    Some Highlights:

    According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.

    Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on.

    Let’s connect if you’re ready to buy a home and invest in your future. Sheila Davis Group 770-235-6907 https://www.sheiladavisco.com/  @thenortonagency

     

    Posted in: Buying a Lake home, Featured Posts, Media, Media Sheila Davis Group, Our Blog Tagged: best investments 2023, buying a home, where to put your money

    The Sheila Davis Group has been recognized by America’s Best Real Estate Professionals in the nation.


    America’s Best Real Estate Professionals honors America’s Best Real Estate Professionals across the country! Over 27,500 Real Estate Sales Professionals from every state are featured in America’s Best. Those ranked are among the top 1.5% of the 1.6 million real estate professionals in the U.S.
    We have been ranked #22 of medium sized groups in the state of Georgia and #1 in Hall county and Lake Lanier!
    I feel honored to lead the group of dedicated and hardworking agents and real estate support staff in our group. We are blessed and thankful with clients and friends who put their trust in us.
    Thank you for your support.

    Sheila Davis

    Posted in: Buying a Lake home, Featured Posts, Media, Media Sheila Davis Group, Our Blog

    2023 Lake Lanier Annual Member Celebration – Sheila Davis Group Signature Sponsors

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    Posted in: LLA Lake Lanier Association, Media Sheila Davis Group, Our Blog Tagged: 2023, Lake Lanier, Lake Lanier Association, Lake Lanier Islands, LLA

    Sheila Davis Group Summer 2023 Newsletter

     

     

     


     

    Posted in: Buying a Lake home, Lake Lanier Information, Media Sheila Davis Group, Our Blog, Selling your home Tagged: Lake Lanier homes for sale, Lake Lanier Realtor, private dock, Sheila Davis Group, Top Realtor

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