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    Lake Lanier Homes for Sale | Sheila Davis Group -The Norton Agency | Leading Lake Lanier Real Estate AgentsLake Lanier Homes for Sale | Sheila Davis Group -The Norton Agency | Leading Lake Lanier Real Estate Agents

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    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.

    Posted in: Featured Posts, Our Blog, Selling your home Tagged: Best Lake Lanier Realtors, Buford, Cumming, Dawsonville, dock, Flowery Branch, Gainesville, Homes for sale, Lake Lanier, sell my home

    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/

    Posted in: Buying a Lake home, Featured Posts, Our Blog, Selling your home Tagged: Best Lake Lanier Realtors, Buford, Cumming, Dawsonville, Flowery Branch, Gainesville, Homes for sale, Lake Lanier

    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

    Posted in: Featured Posts, Our Blog, Selling your home Tagged: Best Lake Lanier Realtors, Boats, Buford, Community dock, Cumming, Dawsonville, dock, Flowery Branch, Gainesville, Homes for sale, Just Listed on Lake Lanier, Lake Lanier, Lake Lanier homes for sale, Lakehouse, sell my home

    6602 Garrett Road – Fantastic South Lake Lanier home

    Lake Lanier home for sale buford, GA waterfront

    Premium Buford Lake Lanier location! 6602 Garrett Road, FANTASTIC South Lake Lanier location with level grass to water views in an exclusive area of Lanier! 6602 Garrett Rd, Buford, 5BR/4BA almost 5000 sq ft, single-slip dock in deep water! Finished terrace level. completely updated Cindy Ballard 770-355-6777 or Sheila Davis 770-235-6907, FMLS #654533 – recently reduced $46K! Now offered at $849,900 Info 6602 Garrett Road, Buford, GA

    https://www.sheiladavisco.com/wp-content/uploads/2019/08/FB-VIDEO-46K-reduction-.mp4

    Posted in: Buying a Lake home, Featured Posts, Our Blog Tagged: Buford, GA, Homes for sale, Just Listed on Lake Lanier, Lake house, Lake Lanier homes for sale, Lake Lanier Neighborhood, Lakehouse, private dock

    2018 Lake Lanier Real Estate Report by Sheila Davis

    2018 Real Estate Lake Lanier Georgia Real Estate Market Report Sheila Davis Group Norton

    Click here to read the 2018 Lake Lanier Real Estate Report written by our Lead Agent Sheila Davis

    Posted in: Buying a Lake home, Lake Lanier Information, Media, Media Sheila Davis Group, Our Blog, Selling your home Tagged: Boats, Buford, Cumming, Dawsonville, Flowery Branch, GA homes for sale, Gainesville, Harbour Point, Just Listed on Lake Lanier, Lake Lanier homes for sale, Lakehouse

    Price change: 6029 Shadburn Ferry on South Lake Lanier

    6029 Shadburn Ferry on South Lake Lanier, Lake Lanier Homes for Sale Sheila Davis Group, The Norton Agency

    Don’t miss this picture perfect South Lake Lanier home in the ideal location in a protected cove just off the big open water! The CORPS line is very close to the water. The home is situated just steps away from the Martin twin slip aluminum party dock just minutes by boat to South Lake restaurants and Lake Lanier Islands. This home has been perfectly updated and maintained. The gorgeous home features a flowing plan which includes a two-story Great room which is open to the Dining room, a Master bedroom  En`suite with an adjacent study, granite counter tops and stainless appliances in the kitchen which is open to a fireside keeping room. The finished terrace level includes a fabulous wet bar, family, game and media rooms, plus large storage/workshop. There is a covered patio on the back as well as a large deck with great lake views. Guest rooms are conveniently located on each floor. Located on an upscale lake street. Call Sheila Davis for a tour of this outstanding Lake Lanier home 770-235-6907.

    6029 Shadburn Ferry on South Lake Lanier, Lake Lanier Homes for Sale Sheila Davis Group, The Norton Agency 6029 Shadburn Ferry on South Lake Lanier

    Posted in: Just Listed by The Sheila Davis Group, Lake Lanier Tagged: Buford, Homes for sale, Lake Lanier Neighborhood, Lake Lanier Realtor, Lakehouse, Price change, private dock

    Just listed on South Lake Lanier in Buford: 6329 Lakeview Drive

    Just listed on South Lake Lanier

    Just listed on South Lake Lanier 6349 Lakeview Drive, Buford, GAEnjoy Views Everyday from this this outstanding South Lake home! The Buford, GA location is the perfect setting for this adorable just updated 3 bedroom and 3.5 bath cottage. Enjoy views from every room! New granite kitchen, hardwood floors, master bath, windows, exterior paint and roof. The Master is on the main level and there are two masonry fireplaces. This grass to water gentle lot leads to a sandy beach and a newer low maintenance aluminum twin slip dock. Enjoy the always in deep water and beautiful rip rap shoreline. Just minutes to marinas, restaurants and Sunset Cove and Lake Lanier Islands.  FMLS#  5830337,  $595,000,  Call Sheila @770-235-6907 to view this lake home before it’s gone!

    Posted in: Just Listed by The Sheila Davis Group, Our Blog Tagged: Buford, GA, Just Listed, Just Listed on Lake Lanier, Lake Lanier, Lake Lanier Neighborhood, Lakehouse, private dock, Sheila Davis Group, Top Realtor, waterfront

    JUST LISTED on South Lake Lanier!

    6029 Shadburn Ferry, Buford, GA Lake Lanier home for sale

    IDEAL BUFORD LOCATION for this picture perfect 5 Bedroom 4 1/2 Bath South Lake Home! The CORPS LINE IS SO CLOSE TO THE WATER. Just steps to the private Martin twin slip aluminum party dock in quiet deep water cove. This home is conveniently located just minutes to South Lake restaurants and Lake Lanier Islands! It has been perfectly updated and maintained. The flowing plan includes a 2-story Great Room, open to dining room, master with an adjacent study, granite counter tops and stainless steel appliances in the kitchen which is open to a fireside keeping room. The finished terrace level includes a fabulous wet bar, family, game and media rooms, plus a large storage/workshop. There is a covered patio on the terrace level as well. A guest room is located on each floor. Located on an upscale lake street in Buford, GA. Offered at $1,295,000, FMLS# 5801065 6029 Shadburn Ferry Rd, Buford, 30518 Give us a call to set up a tour! 770.235.6907 

    https://www.sheiladavisco.com/wp-content/uploads/2017/02/JUST-LISTED-on-LAKE-LANIER-6029-Shadburn-Ferry-Rd.mp4

     

    Posted in: Just Listed by The Sheila Davis Group, Lake Lanier Tagged: Buford, Homes for sale, Lake house, Lake Lanier homes for sale, Lake Lanier Neighborhood, Lakehouse, waterfront

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