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Lake Lanier 2008 Waterfront Real Estate Sales Activity

by Jay Hufnagel
Thank you to all of you that have been praying for rain. As of today, January 7, 2009, Lake Lanier is less then 17 feet below full pool, and it’s expected to improve by at least 2 feet by the weekend. Stacy Shelton, from The Atlanta Journal-Constitution, wrote Tuesday, January 6, 2009, Lake Lanier rises nearly 2 feet since early Tuesday. The article has some great quotes in it from John Feldt (National Weather Service).
 
If you haven’t already signed up to receive email updates from the 1071 Coalition, I strongly urge you to do so. This group is dedicated to driving a coalition of support for a full pool (1071 feet above sea level) and a healthy Lake Lanier.
 
Here are statistics for 2008 “waterfront” Real Estate activity on Lake Lanier. 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):
 
                                                                               2008             
 
Homes Sold   -    91                                                                    
            Average Days on the Market                       91                     
            Original Average List Price                      $711,673            
            Average Sale Price                                      628,116            
            Sale vs. List Price                                            88.3%             
 
            Current Active Listings                                   436                
            Current Homes Pending (under contract)      9
 
Waterfront Lots Sold   -  5                     
             Average Days on the Market –                     103                   
            Average List Price –                                  $302,600        
            Average Sale Price -                                     267,430         
            Sale vs. List Price –                                         88.4%              
 
            Current Active Listings -                               289
            Current Lots Pending (under contract) -       1
 
 
If you’d like to receive an actual list of the homes/lots that have sold, please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.
 
Homes Sold
       Buyer Full Page
       CMA Page
Lots Sold
 Buyer Full Page
       CMA Page
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. Please comment below on what your thoughts are concerning these statistics.
 

Lake Hartwell 2008 Real Estate Sales

by Jay Hufnagel
Wow! Have you been watching the lake level since we’ve had some rain in the last few weeks? In September, Larry Orr from the US Army Corps of Engineers, said that "if we didn’t have much rain that the lake could be down 28 feet or more". As of the newspaper today, January 7, 2009, the lake is down only 18 feet and probably will improve by a couple more feet within the next week. As lake property owners and stakeholders, we shouldn’t let our guard down. I urge you to stay in touch with the “Save Our Lakes Now” program, and notify our government leaders and the US Army Corps of Engineers that we want more attention and focus on getting and keeping our lake to full pool. Juan Brown wrote an interesting special column in the Anderson Independent Mail, January 4, 2009, When lakes reach full pool again, what then? I urge you to read it.
 
Here are statistics for the 2008 “waterfront” Real Estate activity on Lake Hartwell. This list does not include condos and townhomes (Based on information from the SC Western Upstate MLS from January 1, 2008 through December 31, 2008, and does not include FSBO and non Upstate MLS listings):
 
                                                                                     2008           
 
Homes Sold –   55                                          
            Average Days on the Market –                       134                 
            Average List Price -                                   $505,756            
            Average Sale Price -                                    464,279            
            Sale vs. List Price –                                         91.8%             
 
            Current Active Listings -   238                
            Current Homes Pending (under contract) -  8
 
Waterfront Lots Sold -  23                  
 
            Average Days on the Market –                        152                
            Average List Price –                                  $251,008        
            Average Sale Price -                                    226,782         
            Sale vs. List Price –                                         90.3%             
 
            Current Active Listings -  178
            Current Lots Pending (under contract) - 2
 
If you’d like to receive an actual list of the homes/lots that have sold in 2008, please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.
 
Homes Sold
Lots Sold
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, 864-287-7530, www.SayJayLakeandHome.com .

Lake Lanier Water Level

by Jay Hufnagel
Are you still concerned about Lake Lanier’s water level?
 
With the rain we’ve had lately many “Stakeholders and Concerned Citizens” have forgotten about the water crisis we face on Lake Lanier. Today there was an interesting article in the AJC by Stacy Shelton (Lanier’s return to full will be a long time coming). In the article she refers to some of the steps taken to reduce the flow out of the lake. 
 
In late February many of us (over 300) emailed the US Army Corps of Engineers about reducing the outflow of water from Lake Lanier into the Chattahoochee River. The Lake Lanier Association and now, the 1071 Coalition, have since been very pro-active in keeping the pressure on the Corps to keep reducing the outflow even more. And, maybe it’s working. Since the first of the year, it appears that the Corps has taken a more pro-active approach in managing the lake. Now’s not the time to let up.
 
Please consider emailing or writing to Governor Sonny Perdue, Senator Saxby Chambliss, saxby_chambliss@chambliss.senate.gov ,  and the US Army Corps of Engineers ( joseph.m.brabham@usace.army.mil ) to voice your continuing support for, in the words of the Lake Lanier Association, “a full & clean Lake Lanier”.
 
If you haven’t already, please visit the 1071 Coalition website and sign up to receive information on what more you can do.

Displaying blog entries 1-3 of 3

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