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Jay Hufnagel

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A WORD OF ADVICE FROM THE LAKE LANIER ASSOCIATION

by Jay Hufnagel

I received the following email today from the Lake Lanier Association. This advice can also apply to Lake Hartwell and Lake Keowee. If you own Real Estate on Lake Lanier, Lake Hartwell or Lake Keowee be glad we're getting the rain, but prepare to bring your dock in.

Greetings!

 

The lake has risen a foot just since last Saturday. The current level is 1062 and more rain is on the way. As a courtesy, particularly to our members who don't live on the lake full-time, we want to advise everyone that the lake level has changed significantly and is expected to increase further in the next few weeks. Stay aware of your dock cables and anchor poles and be sure they are adjusted adequately. The Corps of Engineers publishes a short-term forecast online which can be viewed at:

 

Link to lake level forecast

(Once you are on this webpage, click "ACF Lake Elevation and 5-Week Forecast" and then, click "Lanier" for the chart to display.)

 

Click here for Lake Hartwell Water Level information and projections.

 

Contact Jay Hufnagel, Keller Williams Realty, Lake and Home Group for more information on Buying or Selling on the lake.

LAKE LANIER YEAR 2011 HOME SALES MAY INDICATE A TURN-AROUND

by Jay Hufnagel

Have we seen the Bottom for Lake Lanier Real Estate?

Lake Lanier Real Estate “Dockable” Lake Home Sales saw a big increase (about 20%) over 2010 sales. That’s another fantastic year! Buyers are still getting great bargains, but we may be seeing a leveling off and possibly the bottom for Lake Lanier Real Estate. Last year the average sale price was approximately $426,271. This year that figure has increased to $456,376.  I wonder whether that signals a turn around.  Lake home buyers all want the same thing – “a great deal” and good interest rates.  Buyers should continue getting what they want in 2012. 

Here are statistics for 2011 “Dockable” Lake Lanier Real Estate. This list does not include condos and townhouses. (Based on information from the First Multiple Listing Service (FMLS) and does not include FSBO and non FMLS listings):

 

                                                                                 2011           

 

Homes Sold                                                               170                                                     

            Average Days on the Market                         143                  

            Original Average List Price                       $559,907             

            Average Sale Price                                       456,376             

            Sale vs. List Price                                            81.5%             

 

            Current Active Dockable Listings                  366                 

            Current Homes Pending (under contract)         22

If you’d like to receive an actual list of the homes that have sold or that are pending, please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.

   

  Buyer Full Report
       CMA Buyer

The time to buy lake property is now ….”they’re not making any more of it”.   

 

By: Jay Hufnagel, Keller Williams Realty Atlanta Partners, www.SayJayLakeandHome.com , 770-757-2799, just “Say Jay” for Real Estate

LAKE HARTWELL REAL ESTATE CONTINUES TO IMPROVE

by Jay Hufnagel

Lake Hartwell Real Estate Results Continue to Improve for 2011

Yesterday, at a Listing appointment, I was asked – “When do you think Lake Hartwell Real Estate will level off and start to improve”. As you can imagine, that’s not the first time I’ve been asked that question. Actually, current statistics point to the fact that we’re there or getting very close. Based on 2011 and current numbers, I predict 2012 will continue to stabilize, more lake homes will be sold, and confidence in buying second homes will improve. Here’s why I feel that way: 2011 Lake Hartwell Waterfront Home Sales improved 22.8% over 2010 sales, the average Sales price was almost the same as 2010 (decreasing less than 1%), and average Days on the Market increased by only 8 days (4.4%). 2012 will still bring great deals, and buyers that take advantage of low interest rates, nice inventory of homes, and a better economy, will see their goals of owning their dream lake home come true.

Here are statistics for the 2011 “waterfront” Real Estate activity on Lake Hartwell. This list does not include condos and townhomes (source: SC Western Upstate MLS and does not include FSBO and non Upstate MLS listings):

 

                                                                                 2011           

 

Homes Sold –                                                             140                                                                

            Average Days on the Market –                       189                 

            Average List Price -                                   $357,386             

            Average Sale Price -                                     324,850             

            Sale vs. List Price –                                         90.9%             

                        Note: List Price is the last price reflected in the MLS listing

                                  and may not be the Original List price. Also, some properties

                                  may have been listed multiple times.   

            Current Active Listings -                                 304                

            Current Homes Pending (under contract) -       16

 

If you’d like to receive an actual list of Lake Hartwell Real Estate (Waterfront Homes sold in 2011), please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.


Click Here to View Listings

 

The time to buy lake property is now ….”they’re not making any more of it”.   

 

By: Jay Hufnagel, Keller Williams Realty, Lake and Home Group, 770-757-2799, just “Say Jay” for Real Estate

"SAVE OUR LAKES NOW" UP TO DATE NEWS

by Jay Hufnagel

I received the following email this morning from the "Save Our Lakes Now" organization. If you're a stakeholder in Lake Hartwell Real Estate or just enjoy the lake, joining this cause could make a difference.

STATUS OF SAVE OUR LAKES NOW EFFORTS

When trying to fight city hall you often feel nothing will ever come of your efforts. This is doubly true when you are up against federal regulations, environmental concerns, claims of selfishly wanting lake level at the expense of everyone downstream, and entrenched practices of the Corps of Engineers. But we are making progress. It's been slower than we would like but the ice is melting and real progress could well be just around the corner. The Corps is even planning a near term change to the drought plan using an EA which is what we have been pleading for for several years.

A year or so back our proposals for improved drought plans were met with numerous road blocks:
1) SEPA would never permit due to contracts on power production
2) Short Nosed Sturgeon spawning grounds would be destroyed
3) Dissolved Oxygen in the harbor would be impacted
4) Many of the industrial concerns downstream would suffer severe harm
5) The lakes would not be experiencing their fair share of problems during a drought
6) The economic effects of low lake levels are insignificant
7) Wildlife and Fisheries in Athens would never permit such a change
8) Congress would never permit such changes
9) Money from the states was needed to fund a phase 2 study

One by one each has been eliminated. None of these were valid reasons to not change our drought plan. Basically we became a fact finding organization and literally met with the groups the Corps claimed were preventing them from adopting our proposals. It turns out in the final analysis that the Corps can make such changes at their discretion provided an Environmental Assessment is made.
Billboard Purchased by SOLN
It has taken many hours of sitting down with the various parties involved to get their reasoning on the table. And it has taken publicizing our plight. Several newspapers, The Austin Rhodes Show (WGAC), our blogs etc. have finally penetrated the 
protective fog that once surrounded Corps decisions. We even put up a billboard and held a protest demonstration at Thurmond Dam. In the past 3 months we have visited Jeff Duncan, and Jim DeMint and continued communication with Paul Broun for assistance from our national Congressmen and Senators and Shane Massey for help at the State Senate level. We are presently visiting the various County Councils around the Lakes of the Savannah River Basin and plans are in progress to meet with the Governors of both GA and SC.

All this takes time and money. Up till now only a few people have been responsible for the work and funding. Save Our Lakes Now is seeking a larger working base to make things happen more quickly and to make sure we never slip back into the horrible lake levels experienced in past droughts. If you can help with your time, money, or both please come join our effort. Details are available at www.saveourlakesnow.org.

 

GREAT HOME WITH SWIMMING POOL FOR SALE IN HARTWELL GA

by Jay Hufnagel

253 OLD REED CREEK RD - This is Country Living at its Best! An Enlarged Ranch Style 3 BR/2BA Home on 1.24 Acres with an enlarged inground Swimming Pool, Fireplace, Large Master BR on Main, Family Room, Dining Room/Breakfast area, 2 Car Attached Garage, Separate Carport for Boat Storage, and a Nice Patio around Pool Area for Entertaining. You're within walking distance from Lake Hartwell and a 5 minute drive to the Lake Hartwell New Prospect Access Boat Ramp and Community/Courtesy Dock.  This Home has been totally Renovated and Upgraded.  Come see this Home now and “Have it All” for a great price.

PUBLIC URGED TO COMMENT ON GOVERNOR'S WATER SUPPLY PROGRAM

by Jay Hufnagel

Whether you own Lake Lanier Real Estate, enjoy boating on Lake Lanier, or just have an interest in keeping our Georgia Lakes healthy, here's an article published by the Lake Lanier Association:

Just a reminder, the public comments on the Governor's Water Supply Program (GWSP) are due by 5:00PM on Monday, 12/5/2011. The Lake Lanier Association asks all persons in support of the 1073 full pool concept to submit a public comment indicating their support.  

 

Comments may be entered on the GWSP website at http://www.georgiawatersupply.org/. Public comment guidance and submission information is also available on the GWSP website.

 

Below is a copy and paste of the text of the public comment submitted by the Lake Lanier Association. LLA members are welcome to create their own comments using this information, but please do not simply copy and paste this text into your response. We think personally crafted messages from our members will be more effective than a generic response.

--------------------

 

The Lake Lanier Association has been an advocate for Lake Lanier for over 45 years. Our thousands of members as well as thousands of volunteers have focused on keeping Lake Lanier clean and full. Our annual Shore Sweep program has removed an estimated 500 tons of debris from the lake over the 23 years of its existence. Our association has advocated successfully for cleaner discharges into Lake Lanier from waste water treatment plants that discharge into the lake.Our track record as an advocate for the lake is long and consistent.

 

With over 7.5 million annual visitors, the importance of Lake Lanier to the economic fabric of the entire State of Georgia is well documented as well as its contribution to the quality of life. The Governor's Water Supply Program is a unique opportunity for the State of Georgia to focus on how Lake Lanier can contribute an even greater value to the residents and businesses of the state.

 

We want to call attention to the Project Types authorized under the GSWP:

1) Project Type

The GWSP may provide financing for water supply projects, including:

* expanding existing water supply, amenity or flood control reservoirs for water supply;

* converting flood control or amenity reservoirs to water supply reservoirs;

* increasing safe yield of existing water supply reservoirs through the addition of pump storage capability;

* removing sediment from existing water supply reservoir to increase safe yield;

* establishing new water supply reservoirs;

* interconnecting water systems for supply and/or supply redundancy;

* drilling new wells, including for direct potable use or streamflow augmentation that protects or enhances water

supply;

* reopening inactive wells;

* desalination;

* developing aquifer storage and recovery capability; and

* indirect potable reuse systems.

The two highlighted Project Types are directly related to a low cost way for Lake Lanier to contribute to the purpose of the GSWP as stated:

  • PURPOSE OF THE GOVERNOR'S WATER SUPPLY PROGRAM

The purpose of the Governor's Water Supply Program (GWSP) is to align and mobilize the resources of the state of Georgia to assist local governments with developing new sources of water supply adequate to meet future water demands.

 

We would like to comment of two of the Project types:

 

  • expanding existing water supply, amenity or flood control reservoirs for water supply

 

Through a coordinated program with the Georgia Congressional Delegation and the Corps of Engineers the full pool level of Lake Lanier could be raised by 2 feet. This would result in an additional 26 billion gallons of water storage. Since this volume of water would be above the current conservation layer, 100% of the water could be used for authorized purposes, as well as further insuring Lake Lanier as a source of water during droughts. This will increase the volume of water above the Conservation Zone by 7% and exceeds the amount of water contemplated by the new reservoir projects.

 

The decision by the 11th Circuit Appeal Court to set aside Judge Magnuson's ruling and to direct the Corps of Engineers to include water supply as an authorized use of Lake Lanier provides a unique opportunity to address this important issue. While new reservoir construction is expensive and requires considerable time, increasing Lake Lanier by 2 feet is relative inexpensive and can occur much faster.

 

Gwinnett, Forsyth and Dawson Counties as well as the State of Georgia Legislature have passed resolutions supporting raising Lake Lanier by 2 feet. Copies of those resolutions are attached.

 

The second project we would like to comment on is:

 

  • removing sediment from existing water supply reservoir to increase safe yield

 

It is a natural occurrence that sediment builds up in lakes. Eventually sediment accumulates to the point of impacting the functions of the reservoir. Over the 50 year life of Lake Lanier, estimates vary as to the amount of sedimentation. Some estimate as high as 10% - 15%. If that were to be the case, then the total volume of water in Lake Lanier would have decreased by 61 - 92 billion gallons since the Corps of Engineers management of the reservoirs is based on action zones linked to total elevation of the lake.

 

Even though some of this sedimentation would have occurred below the Conservation Zone, nonetheless, much of it is above the Conservation Zone and therefore decreases the volume of water available for water supply and other authorized purposes.

 

Both of these Project Types have the impact of increasing the volume of water that is available for safe yield. The Lake Lanier Association recommends the formation of a special committee as part of the authorization of the GSWP to develop a project that will:

 

  1. Establish the cost parameters associated with raising the full pool of Lake Lanier by 2 feet.
  2. Establish the process steps necessary to move the project through the necessary Congressional and federal agencies.
  3. Conduct bathometric studies to better define the amount of sedimentation in Lake Lanier
  4. Establish the costs and benefits associated with removing sedimentation in the lake.
  5. Work with the Corps of Engineers to define Congressional authorization parameters associated with sediment removal.

 

Lake Lanier Association is anxious to work with the Georgia Water Supply Program to assist achieving the goals of ensuring Georgia's water supply future.

 

LAKE HOME IN CHICKASAW POINT

by Jay Hufnagel

From the Road this 4 Bedroom, 3.5 Bath, Waterfront Home in Chickasaw Point is deceiving.

From the Water your response will be... "Wow, Spectacular, now this is a Lake Home". Most of the Rooms in this Beautiful Home  look over a Large Lake Hartwell Cove and a Single Slip Covered Dock.

 

 

It's a very Short Gentle Walk to the Lake. Inside you'll find Everything you want in a Dream Lake Home, Huge Family Room with Views and Fireplace, Master Bedroom on Main with Sitting Area, plus an Additional Bedroom that can be used as a Study on the Main.  Downstairs on the Terrace Level you'll see a Large Bedroom, Full Bath, Work Shop and Entertainment Area. Outside you'll find a Huge 2 Car Detached Garage with Large Apartment with Bedroom and Full Bath on the second Floor. Enjoy the Multiple Decks surrounding this home where you can Entertain, enjoy your Coffee, Read, or Relax in your Hot Tub watching the Calm waters of Lake Hartwell.  Come see this Right now at 124 Indian Hills Dr, Westminster, SC. Offered at only $449,000.

LAKE LANIER ASSOCIATION SOCIAL PLANNED

by Jay Hufnagel

Do you own Lake Lanier Real Estate? Are you buying a home or property on Lake Lanier?

Here's some great information that I just received from the Lake Lanier Association (LLA):

Just a reminder, the September LLA Social will be held Thursday, September 15th starting at 6:00PM at Fish Tales Lakeside Grill at Hideaway Bay Marina. Come by car or by boat. 6300 Mitchell Street, Flowery Branch, GA 30542. Print out this email to use as a coupon at Fishtales the night of the event.

Buy one entree, get the 2nd half price. Second item must be of equal or lessor value. Cannot be combined with any other offer including restaurant.com. One coupon allowed per table.

Also, we are looking for volunteers to help with advance shoreline scouting for the Shore Sweep event taking place on Saturday, September 24th. We have several shoreline areas of the lake that we would like an advance team to look at via boat and mark on a map the locations of Styrofoam or other debris that need to be picked up during Shore Sweep. This is a terrific way for people that may not have the availability or physical capability to help on Shore Sweep Saturday to still participate in this community event. If you would be available to help by being an advance scout, please email us at lakeinfo@lakelanier.org to see if there is a remaining area of shoreline for you to help map.

 

 

LAKE LANIER WATER LEVEL

by Jay Hufnagel

I received an email from J. Cloud of the Lake Lanier Association. Along with Lake Lanier, many other Lakes (Lake Hartwell, Lake Keowee, etc.) in Georgia and South Carolina are feeling the effects of heat and lack of rain. Last week as I was showing property on Lake Hartwell I noticed several docks (with boats in their slips) that had not been pushed out and were on the verge of being dry docked and possibly damaged (especially with boat lifts). Please see J. Cloud's note below and if you own lake property, check your dock soon:

 

"As you may have noticed, the lake has dropped over a foot in the last two weeks. The current level is 1064.87 and the projections show a downward trend into the fall. A number of docks are in the process of being stranded and damaged as a result of declining water levels. As a courtesy, particularly to our members who don't live on the lake full-time, we want to advise everyone that the lake level has changed significantly and is expected to decline further in the next few weeks. Stay aware of your dock and boat to avoid unnecessary damage from the declining water level. The Corps of Engineers publishes a short-term forecast online which can be viewed at:

 

Link to lake level forecast

(Once you are on this webpage, click "ACF Lake Elevation and 5-Week Forecast" and then, click "Lanier" for the chart to display.)

 

Also, with Labor Day weekend approaching, we want to encourage all our members to be especially cautious around the lake and on the water. There have been several tragic situations resulting in fatalities on the lake this summer, so we encourage everyone to familiarize themselves with boating safety guidelines, watch out for other boaters, and take care when swimming."

 

By the way, it's still a great time to buy Real Estate on the lake.

CURRENT LAKE LANIER, HARTWELL AND KEOWEE SALES

by Jay Hufnagel

Real Estate has been very interesting lately. I've actually had one of the best 9 months since I entered the Real Estate field in 2004. My Dad used to say, "If you do the right things, and do it enough, eventually things will come together for you". Short sales, foreclosures and distressed properties are still ruling the market, but Buyers are getting great deals on Resale homes where Sellers have become more realistic on pricing.

 
If you're interested in seeing how Waterfront Lake Property has been selling (since the first of the year), please click on the links below:
 
Lake Lanier Real Estate (101 Homes Sold, 30 Currently Under Contract, Average Selling Price $481,437)

Buyer Full Report
    CMA Buyer

 
Lake Hartwell Real Estate (75 Homes Sold, 25 Currently Under Contract, Average Selling Price $336,514)
 
 
Lake Keowee Real Estate (40 Homes Sold, 19 Currently Under Contract, Average Selling Price $888,242)
 
 
Please let me know if you would like to see what homes are selling for "in your neck of the woods".                                               
 

Displaying blog entries 1-10 of 106

Contact Information

Lake and Home Group
Keller Williams Realty
4878 Manhattan Dr.
Buford GA 30518
GA: 770-757-2799
SC: 864-287-7530
Fax: 770-504-5509