Best Lake Lanier Realtors Archives - Lake Lanier Homes for Sale | Sheila Davis Group -The Norton Agency

Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic.

According to the latest Monthly Housing Market Trends Report from realtor.com:

“There were 65.5% more homes for sale in January compared to the same time in 2022. This means that there were 248,000 more homes available to buy this past month compared to one year ago. 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 graph below shows how today’s inventory of homes for sale compares to recent years:

What Does This Mean for You?

Fewer homes for sale means buyers have fewer choices than they did prior to the pandemic—and that frustration is leading some to give up on the homebuying process altogether. But with mortgage rates sitting lower than they were at the peak last fall, more buyers are willing to come back into the process—they just need to find homes to buy. This is welcome activity for the spring market, especially if you’re thinking of selling your house.

With a renewed interest in buying a home for many, the New York Times (NYT) reports:

“Home buyers are edging back into the market after being sidelined last year . . .”

So, if you want to take advantage of a sweet spot in the market, this spring could be your shot.

Bottom Line

The housing market needs more homes for sale to meet the demand of today’s buyers. If you’ve thought about selling, now’s the time for us to connect and get ready for you to make a move this spring. Give us a call at The Sheila Davis Group 770-235-6907 and please check out our website at https://www.lakelaniersfinest.com/

Is It Time To Sell Your Second Home?

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious.

A recent report from the Institute for Luxury Home Marketing (ILHM) explains just how much remote work impacted the demand for second and luxury homes:

“The unprecedented ten-fold increase towards remote work since the pandemic is an historic development that will continue to fuel second home demand for many years to come.”

But what if you bought a second home that you no longer use? If you’re now shifting back into the office or are seeing your priorities and needs change, you may find you’re not utilizing your second home as much. If so, it may be time to sell it.

And if you own what’s considered a luxury home, buyer demand for it may be even greater. In another report, the Institute for Luxury Home Marketing explains:

“. . . the last few years have left their legacy for the luxury market. While it might only represent a small percentage of the overall real estate market, luxury homeownership’s influence is growing. Not only has the purchase of homes valued over $1 million (a figure considered by the National Association of Realtors to be a benchmark for luxury) tripled from 2.6% to 6.5% since 2018, but demand for multiple luxury properties has soared over the last two years.

This phenomenal increase has been driven by a growing affluent demographic who consider owning a luxury property a necessity in their asset portfolio. All indications are that this trend is here to stay, albeit that demand is set to return to a more sustainable level.”

If you own a luxury second home that isn’t being used as much anymore, now’s the time to sell. There are still buyers in the market who are looking for a home like yours today.

Bottom Line

Let’s connect to explore the benefits of selling your second home this year. Give us a call today at 770-235-6907.

Lake Lanier Real Estate 1st Quarter 2022 Market Update

The spring lake market is fast paced! Don’t go it alone! Give us a call for expert help with selling or buying! Sheila Davis Group Lake Lanier Real Estate 770-235-6907

New to the Market on a Waterfront Point Lot with Incredible Sunsets!

Lake Lanier Luxury home on a waterfront point lot for sale

New on the market with fabulous panoramic lake views and the BEST Sunsets on Lanier! 7180 Lawson Drive, Gainesville/Forsyth County, FMLS #6937407, offered at $3,750,000, Sheila Davis 770-235-6907

Exceptional custom-built Cedar & Stone 5 bedroom, 5.5 bath home designed for lakefront living & entertaining

Private 1.56 acre point lot with 478 feet of Lake frontage!

Twin slip party dock with two

boat hoists and 6 jet ski hoists.

Grass to water lake access

Numerous covered decks and balconies and a covered pavilion for enjoying the views and sunsets

Link to additional details: Listing details: 7180-Lawson-Drive
Link to full virtual tour: Virtual Tour 7180 Lawson Dr

SOLD! 5935 Nachoochee Trail, Flowery Branch $600,000

SOLD! 5935 Nachoochee Trail, Flowery Branch $600,000, Congrats to our Agent, Jennifer Anderson, and our Seller on the sale of this spacious home with a resort like backyard & gorgeous pool in the back!

If you would like help finding your next home or selling your current one, please give Jennifer a call at 770-356-2629 or 770-235-6907. We would

love to help you!

Just SOLD on Lake Lanier: 2731 Inglewood Drive, $975,000

Just SOLD on Lake Lanier: 2731 Inglewood Drive, $975,000. Congrats to our agent, Jennifer Anderson, and our Buyers on the purchase of this beautiful waterfront home with a private dock slip! If you would like help finding your own slice of paradise on Georgia’s Lake Lanier, give us a call at 770-235-6907 or message us here

Just Sold on Lake Lanier: 6341 Cheslea Drive, Gainesville $649,000

Just Sold on Lake Lanier: 6341 Cheslea Drive, Gainesville $649,000 Congrats to our agent Michelle Sparks and sellers on the sale of this adorable lakefront home.

For help finding your own Lake home call Michelle 404-379-5798 or contact us here

Enjoy the virtual tour of this Gorgeous Pointe South home on Lake Lanier

Enjoy the Virtual tour on this move-in ready spacious 4 bedroom, 4 Bath Luxury home in the Pointe South subdivision on Lake Lanier, $849,000, Sheila Davis 770-235-6907 FMLS #: 6895259, 5439 Spinnaker Lane, Gainesville 30504
The home is situated on a cul-de-sac in a private setting with 300 ft of lakefront overlooking the lake! Gorgeous landscaping with water views & access for a kayak or canoe from the lot. Not a dockable property due to US Army CORPS criteria. Just minutes to Sunrise Cove Marina and University Yacht Club for your boat. Link to Additional Listing details

Enjoy the Virtual Tour of 3739 Harbour Landing Drive

3739 HARBOUR LANDING DRIVE, GAINESVILLE, GA 30506, $3,195,000, Sheila Davis 770-235-6907, Enjoy upscale lake living at its finest in “Country club style” on Lake Lanier! Exquisite custom luxury lakefront home with amazing lake and mountain views plus nightly sunsets from the expansive covered porches!

Built for entertaining, this all-brick home has three finished levels of luxury, walls of windows, an ELEVATOR, a formal study & formal dining room, a two story great room open to custom built kitchen with large island, custom pantry, and high end appliances + more! A boat slip option is available included in the price. The adjacent 1 +/- acre lot is available with a boat slip option and is available for purchase to make two acres with two boat slips.

This home is located in the Harbour Point Yacht Club, a private gated lake community with magnificent water vistas and private marina for your boat, plus other amenities including pool, tennis, clubhouse and social activities. 15-20 minutes to multiple golf courses, too! Listing Details

Just Listed: 6255 Holland Drive, Cumming a Magnificent Lake Lanier gated estate on sought after Young Deer Creek!

Dream no more! This magnificent Lake Lanier gated estate in Cumming, GA on sought after Young Deer Creek! Location location! Close to GA400 and by water just minutes to all the south lake marinas and restaurants. This one has everything you need and desire for luxury lake living including a gated entrance, 2.5 acres of privacy and space with CORPS line just steps to the water, a gleaming swimming pool with surrounding outdoor living, and grass to water views on level topography to your private twin slip boat dock. Located towards the back of Young Deer Creek, on a cul-de-sac street, the area is more quiet and less traveled than other south locations by land and water. A commanding gated entrance leads down the gracious pavered driveway to a circular drive entrance with beautiful water feature. Plenty of room for entertaining guests and parking! This gracious all brick home features three finished levels of luxury for lake living. Walls of glass for year-round views of the pool overlooking the lake from most rooms. The main level features a study, formal dining room, an owner’s suite with fabulous new bathroom and custom closet, an open two-story great room with fireplace adjacent to newly updated custom kitchen with island. The terrace level is set up for entertaining off the pool with family room with mini kitchen and fireplace, fitness room, theatre, office, and guest suite. This property has ample rear outdoor patios and verandas, pool, outdoor bar/kitchen, playground, and space ready for a new pool house/cabana. Offered at $3,250,000, FMLS #6892268, Sheila Davis 770-235-6907 additional listing details: https://matrix.fmlsd.mlsmatrix.com/matrix/shared/fSzz1V52JDc/6255HOLLANDDrive