A unique and rare opportunity to own this elegant lake front home in “Pointe South” One of Lake Lanier’s most private and elegant communities with private docks! Located within close proximity to marinas and lake dining by boat, and close to Flowery Branch/Buford shopping and local restaurants. Enjoy magnificent year-round south lake views and a short, gentle landscaped walk to the private deep water twin slip party dock. Golf cart path in place from home to the dock. Experience privacy in this serene setting and beautiful gardens to enjoy the deer and other native animals and birds in this lakeside area.
This custom beautiful well-built and maintained home with 8,212 square feet has over 4400 +/- square feet on the main level, spacious rooms and lifted ceilings. The main floor features hardwood floors, a two-story foyer with a grand winding staircase to the Terrace level. Main floor Rooms include a formal study with custom millwork, a spacious open concept great room with lake views, French doors and lots of windows, a large center island kitchen with stainless appliances, gas cooktop. The kitchen is open to the fireside keeping room and breakfast room with spectacular lake views and opens to the backside covered porch. Walk out of the great room to the main level stone patio with fireplace, and back porch for relaxing and viewing the lake.
The owner’s suite features a sitting room with fireplace, with French doors to the stone patio, large windows and lake views! There is a spacious vaulted bathroom with skylights, large shower, whirlpool tub, and large custom closet off the laundry room. In addition, there is an additional main level ensuite and a powder room.
The finished daylight terrace level has a spacious family and recreation room, open to a second kitchen, fitness room, plus three ensuites. A secret bonus room upstairs can make a great office or playroom. There are eight exterior cameras, including one at the dock to stay with the home. HOA and covenants. There is a three-car garage with a separate storage room with a side entrance.
$2,495,000, FMLS #7218366 Sheila Davis 📱770-235-6907 additional listing information
5390 Larch Lane, Gainesville, GA 30506
🧜♂️Introducing 5390 Larch Lane, Gainesville, GA 30506, One of Lake Lanier’s Finest properties with magnificent two-mile water views, gorgeous deep water💦 and just steps to private twin slip 🚤dock with boat lift! 1st time this property has been on the market, this beautiful, gated lakefront home was built in 2017 and has all the upgrades and amenities for relaxing at the lake! Enjoy lake life year-round from the backyard stoned patio with firepit which has the best views on the property! Room for future pool just off the terrace level if desired. FMLS offered at $2,500,000, #7228834, Sheila Davis 📱770-235-6907 additional details
Main level features open plan with walls of glass, stone gas fireplace, hardwood floors, granite kitchen with stainless appliances and island, home office, and primary bedroom ensuite. The finished terrace level has a living/recreation area, three bedrooms, and a professional gym/sauna. There is unfinished space with steps above the three-car garage for expansion or storage. Special features include a rip rap shoreline, a home generator, Hot Springs salt water outdoor spa, outdoor shower, sauna, irrigation system (pumped from lake), security system and camera system, professional fitness room($30K equipment), whole house water filtration. Can be sold with the Kawasaki mule 🛺 and furnished. The left side of this lake lot is CORPS of Engineers which provides great privacy! No home will be built to your left. Extra two space parking off the left side of driveway for guests.
2023 Lake Lanier Annual Member Celebration – Sheila Davis Group Signature Sponsors
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Sheila Davis Group Summer 2023 Newsletter
Why Buyers Need an Expert Agent by Their Side
The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over the available homes.
Navigating all of this can be daunting if you’re trying to do it alone. That’s why having a skilled expert to guide you through the homebuying process is essential, especially today. Bankrate shares this perspective:
“Advice and guidance from a professional real estate agent can be invaluable, particularly amid a hot or unpredictable housing market.”
Here are just a few of the ways a real estate expert makes a big difference:
- Experience – Real estate professionals know the ins and outs of what’s happening today, how it impacts buyers, and how to navigate any hurdles that may pop up.
- Education – Knowledge is power when it comes to buying a home. Your advisor will simply and effectively explain market conditions and translate what they mean for you so you can feel confident in your decision.
- Negotiations – Your real estate advisor advocates for your best interests. Having an expert on your side provides assistance with the purchase agreement. An agent can also help you negotiate potential seller concessions if the inspection reveals issues with the home.
- Contracts – Real estate advisors guide you through the disclosures and contracts necessary in today’s heavily regulated environment.
- Pricing – Making an offer and negotiating with a seller can be one of the most difficult and stressful parts of the homebuying process. A skilled agent will help you understand what similar homes are selling for so you have the full picture of what you may want to offer.
All of these reasons combined may be why 86% of recent buyers used an agent according to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR). NAR also has this to say about why an agent is so essential today:
“A great real estate agent will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget. Agents are also a great source when you have questions about local amenities, utilities, zoning rules, contractors, and more.”
What’s the Key To Choosing the Right Expert?
It starts with trust. You’ll want to know you can trust the advice they’re giving you, so you need to make sure you’re connected with a true professional. No one can provide perfect advice because it’s impossible to know exactly what’s going to happen at every turn – especially in today’s market. But a true professional can give you the best possible advice based on the information and situation at hand.
They’ll help advocate for you throughout the process and coach you on the essential knowledge you need to make confident decisions. That’s exactly what you want and deserve.
Bottom Line
It’s critical to have an expert on your side who is skilled in navigating today’s housing market. If you’re planning to buy a home this year, let’s connect so you have a real estate advisor on your side to give you the best advice and guide you along the way. Give us a call today! Sheila Davis Group 770-235-6907
Powerful Job Market Fuels Homebuyer Demand
The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger.
One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, makes it clear more people are out looking at homes than there were prior to the pandemic (see graph below):
And though there’s less traffic than the buyer frenzy of the past couple of years, we’re not far off that pace. There are a lot of interested buyers checking out available homes right now.
But why are buyers so active at a time when mortgage rates are higher than they were just last year?
The Job Market Is Growing at a Stronger-Than-Expected Pace
With inflation still high, the Federal Reserve (the Fed) repeatedly hiking the Federal Funds Rate, and a lot of chatter in the media about a recession, it might surprise you just how strong today’s job market is. What might be even more surprising is the fact that it appears to be getting stronger (see graph below):
Each month, the Bureau of Labor Statistics (BLS) reports how many new jobs were added to the U.S. job market. The graph above shows 88,000 more jobs were created in April than in March. In fact, the April numbers beat expert projections. That’s a solid indicator the job market is growing.
Unemployment Is at a Near All-Time Low
Ever since the Fed began fighting inflation, many people expected the low unemployment rate we’ve seen over the past couple of years to rise – but that hasn’t happened.
In fact, what has happened is the unemployment rate has dropped to 3.4% – a 50-year low (see graph below):
With so many people steadily employed and financially stable right now, they’re still able to seriously consider buying a home.
What This Means for You
If you’re thinking about selling your house this year, a market with active buyers is music to your ears. That’s because there’ll be increased interest in your home when you put it on the market, especially at a time when the number of homes for sale is so low.
To get started, your best resource is an experienced real estate agent. They can help you price your house appropriately, navigate the offers you’ll receive, negotiate effectively, and minimize your stress and hassle.
Bottom Line
There are plenty of buyers out there right now trying to find a home that fits their needs. That’s because the job market is strong, and many people have the stable income needed to seriously consider homeownership. To put your house on the market and get in on the action, let’s connect. Sheila Davis 770-235-6907
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
Think Twice Before Waiting for Lower Home Prices
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.
A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:
“U.S. home prices rose by 0.8% in February . . . indicating that prices in most markets have already bottomed out.”
And the latest data from Black Knight shows the same shift. The graph below compares home price trends in November to those in February:
So, should you keep waiting to buy a home until prices come down? If you factor in what the experts are saying, you probably shouldn’t. The data shows prices are increasing in much of the country, not decreasing. And the latest data from the Home Price Expectation Survey indicates that experts project home prices will rise steadily and return to more normal levels of appreciation after 2023. The best way to understand what home values are doing in your area is to work with a local real estate professional who can give you the latest insights and expert advice.
Bottom Line
If you’re waiting to buy a home until prices come down, you may want to reconsider. Let’s connect to make sure you understand what’s happening in our local North Georgia housing market. The Sheila Davis Group 770-235-6907 lakelaniersfinest.com
4 Key Tips for Selling Your House This Spring🌷
🌷Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips:
- Make Sure You Give Buyers Access
One of the biggest mistakes you can make as a seller is limiting the days and times when buyers have access to view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’ access to view it. If it’s not accessible, it could cost you by sitting on the market longer and ultimately selling for a lower price.
- Make Your Home Look as Good as Possible on the Inside
For anything to sell, especially your home, it must look inviting. We as your real estate agent can give you expert advice on ideal staging for your home. Even updating a room with fresh paint, steam cleaning carpets, or removing clutter from the garage can make a big impact.
- First Impressions Matter
The old saying “you never get a second chance to make a first impression” matters when selling your house. Often, the first impression a buyer gets is what they see as they walk up to the front door. Putting in the work in on the exterior of your home is just as important as what you stage inside. Freshen up your landscaping to improve your home’s curb appeal so you can make an impact with potential buyers.
- Price It Right
This is probably the most important aspect of selling your home in today’s real estate market. If a house is priced competitively, it’s going to sell. Period. To do this, you have to know what’s happening with home prices in your area and understand the factors that are affecting the market right now. That’s why it’s best to work with a trusted real estate professional, such as Sheila Davis Group, who can ensure you list your house at the right price.
Bottom Line
Everyone selling their home wants three things: to sell it for the most money they can, to do it in a certain amount of time, and to do all of that with the fewest hassles. To accomplish these goals, give us a call and lets discuss so you can understand the steps you need to take to sell your home this spring. Sheila 770-235-6907
We’re in a Sellers’ Market. What Does That Mean?
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?
It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers (see graph below):
What Does This Mean for You?
When the supply of homes for sale is as low as it is right now, it’s much harder for buyers to find one to purchase. That creates increased competition among purchasers and keeps upward pressure on prices. And if buyers know they’re not the only one interested in a home, they’re going to do their best to submit a very attractive offer. As this happens, sellers are positioned to negotiate deals that meet their ideal terms. Lawrence Yun, Chief Economist at NAR, says:
“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”
Right now, there are still buyers who are ready, willing, and able to purchase a home. If you list your house right now in good condition and at the right price, it could get a lot of attention from competitive buyers.
Bottom Line
Today’s sellers’ market holds great opportunities for homeowners ready to make a move. Listing your house now will maximize your exposure to serious, competitive buyers. Contact us today to discuss how to jumpstart the selling process. Sheila Davis -The Sheila Davis Group 770-235-6907
Balancing Your Wants and Needs as a Homebuyer This Spring
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way:
“While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there are still fewer homes available to buy on a typical day than there were a few years ago.”
The current housing shortage has an impact on how you search for a home this spring. With limited options on the market, buyers who consider what’s a necessity versus what’s a nice-to-have will be more successful in their home search.
The first step? Get pre-approved for a mortgage. Pre-approval helps you better understand what you can borrow for your home loan, and that plays an important role in how you’ll put your list together. After all, you don’t want to fall in love with a home that’s out of reach. Once you have a good grasp on your budget, the best way to prioritize all the features you want and need in a home is to put together a list.
Here’s a great way to think about them before you begin:
- Must-Haves – If a house doesn’t have these features, it won’t work for you and your lifestyle.
- Nice-To-Haves – These are features you’d love to have but can live without. Nice-to-haves aren’t dealbreakers, but if you find a home that hits all the must-haves and some of the these, it’s a contender.
- Dream State – This is where you can really think big. Again, these aren’t features you’ll need, but if you find a home in your budget that has all the must-haves, most of the nice-to-haves, and any of these, it’s a clear winner.
Finally, once you’ve created your list and categorized it in a way that works for you, give us a call and discuss it with us. We will be able to help you refine the list further, coach you through the best ways to stick to it and help find a home in your area that meets your needs. The Sheila Davis Group 770-235-6907