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Arthur Prescott's Blog

By Arthur Prescott | Agent in Cumming, GA
  • Our Latest Lake Lanier Home For Sale! This Waterfront Property At 3350 Barry Lane In Gainesville Has Loads Of Privacy, Space A

    Posted Under: Home Buying in Gainesville, Home Selling in Gainesville, Investment Properties in Gainesville  |  May 22, 2014 4:02 PM  |  402 views  |  No comments

    Our newest Lake Lanier home for sale is beautiful inside and out!  Take a look for yourself!  Priced at $374,500 this one has loads of square footage, bedrooms and baths.  With a place for your boat in the single-slip covered dock located on a gorgeous, scenic cove!

    Come home to this incredibly spacious and private property with creek and lake frontage on Lake Lanier! Enormous 4 bedroom, 4.5 bath home with master on main, eat-in kitchen, office/bonus room, full finished basement, work-room/shop, expansive private deck, front porch, terrace level patio and so much more! Value packed property with tons of space and storage. Approximately 3/4 acre lot with an estimated 3,700 square foot home at an unbeatable price! Beautifully landscaped grounds with additional parking pad and an easy cart path to your single-slip covered dock on Lake Lanier!  So close to Laurel Park, the Olympic Rowing Venue at Clarks Bridge, and other Gainesville recreation spots!





    For more details on this Lake Lanier home for sale at 3350 Barry Lane, please click on the following detailed listing report!

    Property Listings


    3350 BARRY Lane

    Gainesville, GA

    MLS Number: 5293732

    Listing Price: $374,500

     

    View Details

    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

  • Berkshire Hathaway HomeServices Named "Real Estate Agency Brand Of The Year" In 2014!

    Posted Under: Home Buying in Cumming, Home Selling in Cumming  |  May 1, 2014 7:56 PM  |  240 views  |  No comments

    Berkshire Hathaway HomeServices is proud to announce that it was named “Real Estate Agency Brand of the Year” in the 26th annual Harris Poll EquiTrend® study.  Click here to view press release.


    Berkshire Hathaway HomeServices received the highest ranking in the Real Estate Agency category based on consumers’ perception of its brand familiarity, quality and purchasing consideration, among other qualifying elements. The study was based on opinions of more than 40,000 U.S. consumers surveyed online earlier this year.


    “We are excited about the momentum for our company as we enter the spring market," said Dan Forsman, president & CEO of Berkshire Hathaway HomeServices Georgia Properties.  "The Berkshire Hathaway HomeServices brand is being quickly recognized and valued by agents and consumers.  The combination of our national and our local branding campaigns are having a very positive impact for our associates and their clients. We look forward to a very strong year in 2014.”


    The brand received the highest numerical Equity Score among large real estate brands included in the 2014 Harris Poll EquiTrend® study, which measures and compares the brand health of more than 1,500 brands across 170 categories from airlines and apparel to retailers and real estate. Consumers responded with their brand perceptions, gauging their emotional connection to the brand, plus brand awareness, influence and familiarity. According to Harris, a brand is defined as a set of persuasive promises about a product, service or organization that differentiates it from others in a universally positive, contextually relevant or personally compelling way. 


    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

  • Five Of The Most Expensive Waterfront Homes For Sale On Lake Lanier! We Check The Details, Pics & Tours!

    Posted Under: Home Buying in Buford, Home Selling in Buford, Investment Properties in Buford  |  March 30, 2014 7:12 AM  |  502 views  |  No comments

    Without a doubt, there are some very special and expensive waterfront homes on Lake Lanier.  There is also a notable gap in this group of homes.  Once the price range clears three million dollars, the inventory is scarce indeed.  So, what will your money buy for all of those millions of dollars?  Lots of bedrooms, plenty of bathrooms, acres of privacy, lush landscaping, incredible swimming pools, and some extraordinary living spaces.  Checkout these one-of-a-kind homes currently listed for sale on Lake Lanier.

    Property Listings


    6531 Athletic Club Drive

    Flowery Branch, GA

    MLS Number: 4235917

    Listing Price: $19,900,000

     

    View Details


    4890 Serene Shores Drive

    Gainesville, GA

    MLS Number: 4222769

    Listing Price: $8,495,000

     

    View Details


    6062 Overby Road

    Flowery Branch, GA

    MLS Number: 5171666

    Listing Price: $2,950,000

     

    View Details


    6329 Ansel Court

    Buford, GA

    MLS Number: 5265783

    Listing Price: $2,500,000

     

    View Details


    5340 Point South Drive

    Gainesville, GA

    MLS Number: 5158471

    Listing Price: $2,250,000

     

    View Details

    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

  • Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor For Metro Atlanta - April 2014

    Posted Under: Market Conditions in Cumming, Home Buying in Cumming, Home Selling in Cumming  |  March 26, 2014 6:01 AM  |  476 views  |  No comments

    Berkshire Hathaway HomeServices
    Georgia Properties
    Real Estate Advisor - April 2014

    We are providing this monthly real estate advisor report to keep you informed about the latest trends and issues in the real estate market. 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 helps our clients make better real estate decisions!


    • Click here for a detailed market report for the Greater Metro Atlanta area.
    • Once again, BHHS Georgia Properties was Number 1 in both homes sold and buyers represented for February 2014. We have been ranked #1 for 5 years in a row.
    • Closings for Metro Atlanta in February were down 15% compared to last month and down 25% compared to the previous year.
    • For the Greater Metro Atlanta area, listed inventory was down 1.9% from January 2014 and up 16% compared to February 2014 levels. The limited availability of quality properties has turned some local areas into a seller’s market.
    • The available “months of supply” rose to 6.6 months which is similar to January 2014. The slower pace of sales and slightly higher inventory are creating a more normal market condition.
    • The pace of short sales and foreclosures coming on the market has slowed considerably. In 2010, over 60% of sales were distressed properties but in February we only saw 134 foreclosures and 209 bank-owned sales. Resales and New Homes are the larger mix of sales.
    • New Homes are making a slow but sure comeback. There are some wonderful new home communities coming online with the latest innovations in smart building that may be great options for buyers. Click here to view new home communities.
    • The Case-Shiller Index reports that Metro Atlanta home values have increased 37% from the bottom of March 2012. But values remain down 16.94% from the peak of July 2007. Click here for the latest report.
    • The trend for mortgage rates is higher. The Mortgage Bankers Association and Freddie Mac predict 30-year mortgage rates to be over 5% in 2014. This could significantly reduce buying power for those that wait.
    • Baby Boomers are the leading buyer segment followed by First Time Buyers. Move-Up Buyers are showing some signs of improved activity but remain well below historical levels.

    This is an unprecedented opportunity to buy the home of your dreams while prices and financing are historically low. But these conditions will not last as the real estate market continues to recover.


    Berkshire Hathaway HomeServices
    Ranked Brand Of The Year



    Berkshire Hathaway HomeServices, the new real estate brokerage network operated by HSF Affiliates LLC, today announced it was named “Real Estate Agency Brand of the Year” in the 26th annual Harris Poll EquiTrend® study. Berkshire Hathaway HomeServices received the highest ranking in the Real Estate Agency category based on consumers’ perception of its brand familiarity, quality and purchasing consideration, among other qualifying elements. The study was based on opinions of more than 40,000 U.S. consumers surveyed online earlier this year.

    “We are delighted to be recognized by consumers in the venerable Harris Poll EquiTrend ® study,” said Earl Lee, CEO of HSF Affiliates LLC, which operates Berkshire Hathaway HomeServices. “This terrific honor by consumers is a tribute to our powerful brand – whose namesake is the world - renowned Berkshire Hathaway Inc. – and the top-quality affiliates and agents who represent it.” Added Stephen Phillips, president of Berkshire Hathaway HomeServices: “We are humbled by the honor, particularly since our brand was not even a year old at the time of the study. We look forward to a bright future as part of Berkshire Hathaway HomeServices.”

    The brand received the highest numerical Equity Score among large real estate brands included in the 2014 Harris Poll EquiTrend® study, which measures and compares the brand health of more than 1,500 brands across 170 categories from airlines and apparel to retailers and real estate. Consumers responded with their brand perceptions, gauging their emotional connection to the brand, plus brand awareness, influence and familiarity. According to Harris, a brand is defined as a set of persuasive promises about a product, service or organization that differentiates it from others in a universally positive, contextually relevant or personally compelling way. Berkshire Hathaway HomeServices, which transitioned its first affiliates in September 2013, has grown exponentially with independently owned brokerages operating across America. The network is built on a foundation of quality with rigorous standards for affiliation. 

    Contact Us To Put The Power Of Berkshire Hathaway HomeServices To Work For You!

    Happy Good Friday and Happy Easter 2014!

    Easter is a wonderful sign that spring is here. It is celebrated by people of many faiths. From Easter egg hunts, visits from the Easter Bunny and Easter brunches with great food – this is a popular time of year. It is also noted as the beginning of the social season in many circles.

    For Christians, Easter is a religious feast and holiday celebrating the resurrection of Jesus Christ on the third day at Calvary as described in the New Testament. Easter is preceded by Lent, a forty-day period of fasting, prayer, and penance. The last week of Lent is called Holy Week, and it contains MaundyThursday and the Last Supper, as well as Good Friday, commemorating the crucifixion and death of Jesus. Easter is followed by a fifty-day period called Eastertide or the Easter Season, ending with Pentecost Sunday.

    We hope you and your family have a wonderful Easter. We are so happy that spring is finally here!

    If You Know Someone Who Can Benefit From This Information Or Our Real Estate Expertise, We Would Love To Help Them.


    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

  • The Gigantic Lake Lanier View On Dorsey Drive In Gainesville Georgia Has Sold!

    Posted Under: Home Buying in Gainesville, Home Selling in Gainesville, Investment Properties in Gainesville  |  March 21, 2014 2:01 PM  |  455 views  |  No comments

    The gigantic Lake Lanier view and quaint two bedroom home located at 3610 Dorsey Drive in Gainesville has sold!  We will miss it!  What a charming property that brought many showings in an incredibly short period of time.  From the moment the photos were taken, this property was a hit.  It quickly went under contract in just a few days and had multiple offers.  Lake Lanier properties with these giant views from the home seem few and far between these days.  We will miss the views at 3610 Dorsey Drive and hope to find another one like it soon.  Here are a few pics of what you missed!

    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

  • Cumming Georgia March Real Estate Video Update! See The Surprising Trends & Stats!

    Posted Under: Market Conditions in Cumming, Home Buying in Cumming, Home Selling in Cumming  |  March 17, 2014 8:47 AM  |  477 views  |  No comments

    We just received the latest real estate market report for Cumming, Georgia and I have to admit the numbers are a little bit surprising.  The video report below, provides data findings for all of Cumming, not just waterfront homes in Cumming on Lake Lanier.  So, the surprising news to me is that inventory of homes for sale in all of Cumming is still down.  It is actually lower than last year!  Days on market was lower, sales prices were generally higher, but the number of sales was down from last year...Could we be looking at a local real estate market in Cumming that has gotten a little ahead of itself?  Checkout the market video below for more details!

    Just click the video below for the latest real estate market update for Cumming Georgia. You may also view additional video reports for many of our local markets in the metro area. Please contact us with any questions regarding your real estate needs. We have access to proprietary information resources that are not available to the public and can help you understand the real facts in your area. Better information leads to better decisions!

    Cumming Video Market Update


    Powered by VScreen & SundaySky


    Click Here To View Additional Video Market Updates

    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

  • Berkshire Hathaway HomeServices Georgia Properties Real Estate Advisor For March 2014! We Check The Metro Atlanta Real Estate

    Posted Under: Market Conditions, Home Selling  |  March 1, 2014 7:43 PM  |  269 views  |  No comments

    Berkshire Hathaway HomeServices

    Georgia Properties

    Real Estate Advisor - March 2014

    We are providing this monthly real estate advisor report to keep you informed about the latest trends and issues in the real estate market. 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 helps our clients make better real estate decisions!

    Click here for a detailed market report for the Greater Metro Atlanta area.

    Once again, BHHS Georgia Properties was Number 1 in both homes sold and buyers represented for January 2014. We have been ranked #1 for 5 years in a row.

    Closings for Metro Atlanta in January were down 39% compared to last month and down 21% compared to the previous year.

    For the Greater Metro Atlanta area, listed inventory was down 1.3% from December 2013 and up 13.8% compared to last year. The limited availability of quality properties has turned some local areas into a seller’s market.

    The available “months of supply” rose to 6.6 months versus was 4.6 months in December 2013. The slower pace of sales and slightly higher inventory are creating a more normal market condition.

    The pace of short sales and foreclosures coming on the market has slowed considerably. In 2010, over 60% of sales were distressed properties but in January we only saw 164 foreclosures and 269 bank-owned sales. Resales and New Homes are the larger mix of sales.

    New Homes are making a slow but sure comeback. There are some wonderful new home communities coming online with the latest innovations in smart building that may be great options for buyers. Click here to view new home communities.

    The Case-Shiller Index reports that Metro Atlanta home values have increased 37% from the bottom of March 2012. But values remain down 16.94% from the peak of July 2007. Click here for the latest report.

    The trend for mortgage rates is higher. The Mortgage Bankers Association and Freddie Mac predict 30-year mortgage rates to be over 5% in 2014. This could significantly reduce buying power for those that wait.

    Baby Boomers are the leading buyer segment followed by First Time Buyers. Move-Up Buyers are showing some signs of improved activity but remain well below historical levels.

    This is an unprecedented opportunity to buy the home of your dreams while prices and financing are historically low. But these conditions will not last as the real estate market continues to recover.

    THE LUXURY LIVING SHOW!

    Sponsored By Berkshire Hathaway HomeServices

    Berkshire Hathaway HomeServices Georgia Properties is pleased to invite you to the 5th Annual Luxury Living Show at Phipps Plaza in Buckhead. In partnership with the Atlanta Homes & Lifestyles magazine and Global BMW, we are pleased to bring you the latest ideas in kitchen and bath design. Here is a brief overview of the events:

    March 2 - March 31: Visit the full size "Living Kitchen and Bath" on Mall Level One, Court of the South, and experience the newest trends in kitchen and bath design. View the latest luxury automobiles from Global BMW. See the extraordinary luxury homes from the Berkshire Hathaway HomeServices Luxury Collection. Luxury Collection Specialists will be on hand during the month of March to answer your questions and discuss "best practices" for luxury real estate.

    Sunday, March 2 (1PM - 5PM): Opening day festivities include fabulous shopping, along with a presentation at 3:30PM by internationally acclaimed Interior Designer, Suzanne Kasler, in the Living Kitchen. A book signing of her new book, Timeless Style, will follow her presentation.

    Wednesday, March 5 - Saturday, March 8: Berkshire Hathaway HomeServices Georgia Properties will unveil an innovative Interactive Kiosk design. This is the latest technology for luxury real estate search and provides new options for consumers in a retail environment. Also learn about our new Mobile Real Estate App currently available in the App Store and Google Play Store.

    Saturday, March 8 (Noon - 3PM): Top local chefs make magic happen in the Living Kitchen! Come meet them and sample some delightful treats.

    Visit our Berkshire Hathaway HomeServices Luxury Collection table to enter the drawing to win a brand new iPad. We look forward to seeing you there!

    Spring Forward On March 9th

    Yes, it is that time of year again. Daylight Saving Time begins at 2am Sunday morning, March 9th. So remember to move your clock forward one hour before you go to bed Saturday night!

    History of Day Saving Time: People often ask - what is Daylight Saving Time and why do we have it? Daylight Saving Time (or summer time as it is called in many countries) is a way of getting more light out of the day by advancing clocks by one hour during the summer. During Daylight Saving Time, the sun appears to rise one hour later in the morning, when people are usually asleep anyway, and sets one hour later in the evening, seeming to stretch the day longer.

    The reason many countries implement DST is to make better use of the daylight in the evenings. Some believe that it could be linked to reducing the amount of road accidents and injuries. The extra hour of daylight in the evening is said to give children more social time with friends and family and can even boost the tourism industry because it increases the amount of outdoor activities.

    DST is also considered a means to save energy due to less artificial light needed during the evening hours. Clocks are set one hour ahead during the spring, and one hour back to standard time in the autumn. However, many studies disagree about the energy savings of DST - some may show a positive outcome of the energy savings, others do not.

    Benjamin Franklin first suggested Daylight Saving Time in 1784, but modern DST was not proposed until 1895 when an entomologist from New Zealand, George Vernon Hudson, presented a proposal for a two-hour daylight saving shift to the Wellington Philosophical Society. The conception of DST was mainly credited to an English builder, William Willett in 1905, when he presented the idea to advance the clock during the summer months. His proposal was published two years later and introduced to the House of Commons in February 1908. The first Daylight Saving Bill was examined by a select committee but was never made into a law. It wasn't until World War I, in 1916, that DST was adopted and implemented by several countries in Europe who initially rejected the idea. The United States, Canada and some other countries extended DST in 2007. The new start date is the second Sunday in March (previously the firstSunday in April) through to the first Sunday in November (previously the last Sunday in October).

    If you would like to set your clock to the correct time, please click this link.

    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 over a decade 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 678-513-2014 or email us at Arthur.Prescott@BHHSGeorgia.com.

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