Real estate blog entries tagged with lawrenceville by Lane Bailey, Realtor & Car Guy (Century 21 Results Realty)

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lawrenceville: Local? Hyper-Local? National? What IS the Market? - 02/10/11 02:39 PM

I love watching the news... but when they talk about the real estate market, I cringe. I like to hear the national numbers, but I also know that they are just a framework for a smaller discussion. Yep... a smaller discussion.
It matters what the overall market is doing, but it's not nearly as important as what is happening in your neighborhood. It matters what is happening in Georgia, and the Atlanta Metro market, but not nearly as much as what is happening in your specific city. Real estate prices and demand react to specific local issues much more than … (38 comments)

lawrenceville: Lawrenceville, GA Market Report, December 2010 - 01/18/11 02:31 PM

Image via Wikipedia Market stats for Lawrenceville, December, 2010, indicate that there are 1594 properties on the market. Overall, there is about an 9.9 month supply of properties. In 2009, sales for December jumped between November and December (166 to 175). For 2010, December sales jumped to 176 from 153 in November.
For Lawrenceville Homes Under $200k, there are 1347 listings, with about a 9.4 month supply of homes. It is an anomaly right now among Gwinnett Market/Price segments. The inventory went up for December, as did the number of months of inventory. Sales were up slightly from December 2009 (152 … (0 comments)

lawrenceville: Lawrenceville, GA Market Report, November 2010 - 12/16/10 02:56 PM

Image via Wikipedia arket stats for Lawrenceville, November, 2010, indicate that there are 1627 properties on the market. Overall, there is about an 10.5 month supply of properties, with sales weakening since June. In 2009, sales for November had dropped drastically between October and November (223 to 166). For 2010, November sales came in at 148.
For Lawrenceville Homes Under $200k, there are 1338 listings, with about a 9.5 month supply of homes. Sales accelerated through June, but then fell off as the tax credit was slated to end. While inventories are down from just a couple of years ago, for … (2 comments)

lawrenceville: Lawrenceville, GA Market Report, October 2010 - 11/25/10 03:31 PM

Image via Wikipedia Market stats for Lawrenceville, October, 2010, indicate that there are 1623 properties on the market. Overall, there is about an 9.8 month supply of properties, with sales weakening since June. Sales dropped off dramatically this year compared to last (154 v 223).
In the sub-$200k arena, there are 1299 listings, with about a 8.8 month supply of homes. Sales accelerated through June, but then fell off as the tax credit was slated to end. While inventories are down from just a couple of years ago, for the recent past, they are still high. Sales for this year v … (1 comments)

lawrenceville: Lawrenceville, GA Market Report, September 2010 - 10/26/10 04:14 PM

Image via Wikipedia Market stats for Lawrenceville, September, 2010, indicate that there are 16309 properties on the market. Overall, there is about an 9.8 month supply of properties, with sales weakening since June. Sales dropped off dramatically this year compared to last.
In the sub-$200k arena, there are 1273 listings, with about a 8.6 month supply of homes. Sales accelerated through June, but then fell off as the tax credit was slated to end. While inventories are down from just a couple of years ago, for the recent past, they are still high.
Between $200k and $400k, there are 292 listings … (1 comments)

lawrenceville: Lawrenceville, GA Market Report – August, 2010 - 09/30/10 03:38 AM

Image via Wikipedia Lawrenceville is in Gwinnett County, GA, just outside of Atlanta. As of the 2000 Census, there were 22,937 people in Lawrenceville, but that is only including people in the city limits, and there has been a lot of growth since 2000 in Gwinnett County (2008 estimates from the Census Bureau peg population around 29,000). It was incorporated in 1821. Lawrenceville is home to Central Gwinnett High School, and also has students that the Mountain View and Archer clusters. It is also home to Gwinnett Technical College and Georgia Gwinnett College. Another recent addition to Lawrenceville is that … (0 comments)

lawrenceville: This is what I feared… Gwinnett Market Report – July, 2010 - 08/22/10 03:57 PM

Image by lane.bailey via Flickr I have been kind of expecting this, but of course it will take a couple of months to confirm…
The Tax Credit did not kick the Gwinnett Market into gear…
Instead, its expiration killed sales. Looking over the last few months of sales we see that for 2010, sales were (compared to 2009):
January – down 10.9% February – up 1.7% March – up 10.1% April – up 14.1% May – up 17.3% June – down 0.8% July – down 26.2% As we look over these numbers, there are a few things to keep in … (1 comments)

lawrenceville: Lawrenceville Market Report - April, 2010 - 06/06/10 03:14 PM

Lawrenceville is in Gwinnett County, GA, just outside of Atlanta. As of the 2000 Census, there were 22,937 people in Lawrenceville, but that is only including people in the city limits, and there has been a lot of growth since 2000 in Gwinnett County (2008 estimates from the Census Bureau peg population around 29,000). It was incorporated in 1821. Lawrenceville is home to Central Gwinnett High School, and also has students that the Mountain View and Archer clusters. It is also home to Gwinnett Technical College and Georgia Gwinnett College. Another recent addition to Lawrenceville is that it is home to … (0 comments)

lawrenceville: Lawrenceville, GA Market Report - March 2010 - 05/07/10 04:41 PM

Market stats for Lawrenceville, March, 2010, indicate that there are 1566 properties on the market. Overall, there is about an 10.8 month supply of properties, with a continued deceleration in sales, since November.
Image via Wikipedia In the sub-$200k arena, there are 1150 listings, with about a 9.4 month supply of homes. Sales accelerated through November, but then fell off as the first tax credit was slated to end… and the Holiday slowdown hit. Sales have picked up for January, February and March, but so were listings.
Between $200k and $400k, there are 365 listings for sale, and about 16.6 months … (1 comments)

lawrenceville: Lawrenceville Market Report - February, 2010 - 04/11/10 04:19 PM

Market stats for Lawrenceville, January, 2010, indicate that there are 1495 properties on the market. Overall, there is about an 10.5 month supply of properties, with a slight deceleration in sales.
In the sub-$200k arena, there are 1070 listings, with about a 9 month supply of homes. Sales accelerated through November, but then fell off as the first tax credit was slated to end... and the Holiday slowdown hit. Sales have picked up for both January and February.
Between $200k and $400k, there are 375 listings for sale, and about 18 months of supply. Sales have slowed dramatically since December, right … (1 comments)

lawrenceville: Gwinnett County v Gwinnett's Cities... - 03/16/10 04:56 PM

Effective on March 1st, the issue between Gwinnett and 15 of its cities has been upgraded by the State of Georgia. The 15 cities and Gwinnett are now listed with the state as No Longer Qualified Local Governments.
The cities are: Auburn , Berkeley Lake, Buford, Dacula, Duluth, Grayson, Lawrenceville, Lilburn, Loganville, Norcross, Rest Haven, Snellville, Sugar Hill, Suwanee and Braselton.
At issue are parallel services being offered by Gwinnett County and the individual cities. Things like police services... Several of the cities have local police departments, but Gwinnett County Police (one of the largest departments in the state) patrols the … (1 comments)

lawrenceville: Lawrenceville Market Report, March, 2010 - 03/07/10 01:47 PM

lawrenceville: "Attention Drivers Statewide" and other Cheesy Pick-Up Lines... - 02/27/10 02:51 PM

Marketers and other businesses know that the world has become smaller... but that we stilllike to do business locally...
There is a national insurance company that has an ad running in at least several states that begins...
Attention Drivers Statewide...
They want to tap into that "local" feeling by inferring that they are only talking to people in one state. At the same time, they weren't so interested in talking to drivers in just one state that they limited the ad to one state...
It plays on Satellite TV, on national channels. If it were on cable, there would be a … (3 comments)

lawrenceville: Gwinnett Market Reports from January - 02/24/10 01:49 AM

The real estate market for Gwinnett County is in a state of flux. There are wide variations between different location throughout the county, as well as different price strata. There are a few themes that are readily apparent, but some locations and price ranges are standouts (good or bad)...
Some quick county-wide numbers...
January, 2010 sales were 352 homes. This is down 11.1% from the 396 homes in January, 2009, That was down 14.7% from the 464 homes in January,2008. (There might still be some stragglers that haven't been entered yet... but there shouldn't be many. These numbers are as … (0 comments)

lawrenceville: Lawrenceville Market Report for December 2009 - 01/19/10 05:15 AM

No one will say that 2009 hasn't been an interesting year in real estate. If you have been on the buyer side of the market, there have been amazing deals available, as well as difficulty in trying to buy in some segments... or if there were credit challenges. If you have been on the selling side, the competition for buyers has been intense. And the bank owned properties and short sales haven't helped.
Looking back over the last couple of months for Lawrenceville, GA, the market has moved... a lot. The biggest thing has been the First Time Home Buyer Tax … (0 comments)

lawrenceville: New Homes Around Gwinnett County - 12/17/09 06:39 AM

Image by lane.bailey via Flickr There are still some new home developments going up around Gwinnett County, GA. Even though we keep hearing on the TV and radio that new construction has all but stalled, it hasn’t completely stopped.
And, December is traditionally the slowest month of the year for homes to go under contract (January is the slowest for closings…). So, there are a number of builders that are offering incentives for buyers during this time of year.
Talk about a Christmas present!!! Regardless of what holiday you might be celebrating this time of year… or even if you … (0 comments)

lawrenceville: Let's Talk About Lawrenceville, GA... - 12/12/09 07:49 AM

Lawrenceville is the largest city in Gwinnett County, GA (pop. 29528 inside the city limits in July, 2008). And it is the second oldest in the Atlanta Metro area, created by Charter by the the Georgia General Assembly in December 1821.
It is named after Commodore James Lawrence, Commander of the Frigate Chesapeake during the War of 1812. He is best knownhis dying command, "Don't give up the ship." He never lived in the area of Lawrenceville, though.
The first courthouse was built on what is now the Square in Lawrenceville in 1823-1824, although the current courthouse that stands in that … (4 comments)

lawrenceville: Gwinnett County Schools Redistricting Plans... - 10/07/09 03:01 PM

Gwinnett County Public Schools are undergoing a redistricting plan due to growth in the county. The new plan is expected to begin with the 2010 school year. It was announced on October 2nd, 2009. There are several dates to keep in mind:
November 4, Deadline for completion of boundary input forms. November 13, 2009-- Boundary committee completes review and submits recommendations. November 19, 2009-- Public redistricting comments from affected schools (Location Instructional Support Center Board Room, 7-9 p.m. November 25-December 4-- Final recommendations with revised boundary maps delivered to schools. December 10, 2009-- Anticipated Board of Education vote on redistricting. The … (0 comments)

lawrenceville: What the Hail!?! - 04/11/09 07:23 AM

The crew was out in Sugar Hill last evening visiting with some out of town family when the skies became angry... Lightning flashed. Thunder rolled. Rain fell. Hail pelted. Severe thunderstorms rolled through much of the Atlanta area this evening. Luckily, we all escaped damage, but it was quite a show as the clouds roiled in the sky and winds blew in different directions.
The drive home was entertaining as well. We hit the road during a lull and were trying to beat a storm cell as it swept to the east near Suwanee. We almost did... we hit the leading … (3 comments)

lawrenceville: Best of both worlds? Brand new foreclosed homes... - 03/18/09 04:35 PM

I just got an email about 5 properties that are brand new and are part of a bank foreclosure sale. One of the most dangerous parts of buying a foreclosed home is that they are often suffering from "deferred maintenance." Since these are brand new, they shouldn't have as many possible issues.
What most people would immediately jump to is that the homes are pretty heavily discounted.
Was $285,985, Now $219,900 Was $279,900, Now $199,900 Was $275,980, Now $219,900 Was $277,780, Now $219,900 Was $258,900, Now $209,900 So, there could be some good deals here.
But, I think the better headline … (2 comments)

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