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Displaying blog entries 1-10 of 32

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                                                               171                                                    

            Average Days on the Market                         143                  

            Original Average List Price                       $557,919            

            Average Sale Price                                      454,555            

            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 LANIER ASSOCIATION SOCIAL

by Jay Hufnagel

THE LAKE LANIER ASSOCIATION IS PLANNING A SOCIAL JUNE 24TH. HERE'S SOME INFORMATION BELOW:

IF YOU LIVE ON THE LAKE AND/OR ARE INTERESTED IN LAKE LANIER REAL ESTATE, THIS EVENT COULD BE A GREAT WAY TO SPEND FRIDAY EVENING.

LAKE LANIER ISLANDS ARTS AND CRAFTS AND BOAT SHOW

by Jay Hufnagel

Are you looking for something to do this weekend? There will be an Arts and Craft and Boat Show at Lake Lanier Islands Saturday, April 2nd and Sunday, April 3rd, from Noon to 5:00pm. Please see the information below on how you can win a $50.00 prize from the Lake Lanier Association.

 

 

BY THE WAY, WHILE YOU'RE OUT AND AROUND THE LAKE, IF YOU SEE ANY LAKE LANIER REAL ESTATE THAT APPEALS TO YOU, PLEASE FEEL FREE TO CALL ME AT 770-757-2799 OR EMAIL Jay Hufnagel AT SAYJAY@BELLSOUTH.NET .

 

LAKE LANIER 2010 HOME SALES SURPASS LAST YEAR

by Jay Hufnagel

Lake Lanier Real Estate “Dockable” Lake Home Sales saw a big increase (about 30%) over 2009 sales. That’s fantastic! It signals things are really starting to improve. Buyers are getting great bargains. Last year the average sale price was approximately $546,801. This year that figure has dropped to $426,271. Every lake home buyer wants the same thing – “a great deal”.  I expect that Buyers will continue getting what they want in 2011. 

Here are statistics for 2010 “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):

 Homes Sold                                                        142                                                                 

            Average Days on the Market                        147                  

            Original Average List Price                       $522,754             

            Average Sale Price                                    426,271             

            Sale vs. List Price                                      81.6%             

 

            Current Active Dockable Listings                  662                 

            Current Homes Pending (under contract)        20

 

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

IT'S GREAT TO LIVE IN THE SOUTH

by Jay Hufnagel

What do Real Estate Agents do on their "snow day"? Well, besides catching up on all kinds of administrative duties, it's a great day to be a kid again.

              

I hope you're enjoying this interesting weather that we're having here in the southeast. It's wild to think that this week we have 6 inches of snow and nights in the teens. In about 5 weeks the daffodils will be blooming. The record high temperature for today was 79 degrees. The record low temperature was -5 degrees. Ya gotta love the South!

So, enjoy the change. Make a snowman. Slide down a hill. These are the kind of days that will bring sweet memories to you, your children and grandkids.

              

 

Happy New Year!

2010 LAKE LANIER REAL ESTATE ACTIVITY

by Jay Hufnagel

Are you curious what has been selling on Lake Lanier?  So far this year, 36 waterfront homes have sold, and 22 are currently under contract (out of 458 homes active on the market). As you can see by the link below, the majority of the activity is below $450,000, with some great deals around $300,000. It’s interesting to compare the “original” list price to the actual “sale” price. As you can see, there’s quite a difference.

2010 Lake Lanier Real Estate (Waterfront Home Sales)

Buyer Full Report
       CMA Buyer

How has Lake Lanier waterfront lots fared? 2 waterfront lots have sold and 4 are under contract (out of 130 lots active on the market). Buyers are finding that they can get such a great deal on resale homes right now with great interest rates, that buying a lot doesn’t make that much sense to them, unless they’re getting a great deal or want to build right away.

2010 Lake Lanier Real Estate (Waterfront Lot Sales)

Buyer Full Report
       CMA Buyer

Whether you’re buying a home or lot, “now” is a wonderful time to buy. Either way, please let me know how I can help. 

Note:  Source is FMLS. The statistics above do not reflect For Sale by Owner (FSBO) activity or non FMLS listings.

By Jay Hufnagel, Keller Williams Realty Atl Prtnrs, Lake and Home Group, www.SayJayLakeandHome.com  , 770-757-2799.

LAKE LANIER 2009 HOME SALES SURPASS 2008

by Jay Hufnagel

At this time last year the lake was 17’ down from full pool and the thought that the lake would fill to full pool was just wishful thinking. Wow, what a difference a year makes! All it took was a lot of prayer, near record rainfalls, and today we’re at full pool. Lake home owners are optimistic again, and there’s an increase in Real Estate activity for Lakefront property.  

Here's some great news! 2009 sales of Waterfront Lake Homes saw an increase of 12% over 2008 sales. That’s not much, but it signals things are improving. Plus, buyers are getting great bargains. Last year the average sale price was approximately 88% of the original list price. This year that figure has dropped to 80%.  Every lake home buyer that I talk to wants the same thing – “a great deal”.  As 2010 begins and the inventory improves, indicators show that buyers will get what they want. 

Here are statistics for 2009 “waterfront” 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):

                                                                               2009           

 Homes Sold                                105                                                                                          

            Average Days on the Market                              160                  

            Original Average List Price                             $717,882             

            Average Sale Price                                         577,185             

            Sale vs. List Price                                            80%                

            Current Active Listings                                      475                

            Current Homes Pending (under contract)               19

 

Waterfront Lots Sold                                                    8                   

            Average Days on the Market –                          150                  

            Average List Price –                                     $355,462        

            Average Sale Price -                                      310,987          

            Sale vs. List Price –                                         87%             

            Current Active Listings -                                  111

            Current Lots Pending (under contract) -               5

 

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 Report
    CMA Buyer

 

 Lots Sold

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

ARE YOU STILL CONCERNED ABOUT LAKE HARTWELL'S WATER LEVEL?

by Jay Hufnagel

Recently, I received a couple of emails stating that the US Army Corps of Engineers is accepting comments on reducing the water flow this winter. About three years ago, the Corps did the same thing for Lake Lanier in Georgia. Out of over 10,000 Lake Lanier home owners, only 300 – 400 sent comments. That’s sad!  Here’s an opportunity to voice your thoughts.  Please see the email messages below for contact information.

 

 

Email Dated October 20, 2009

There is a Public Comment period open until October 31st for a temporary provision to reduce the amount of water released this winter. These comments can be made via email, US mail, or fax.

 Send comments to:

 US Army Corps of Engineers

Savannah District, Savannah Planning Unit

ATTN: Mr. William Bailey

PO Box 889

Savannah, GA 31402-0889

Fax: 912 652 5787

william.g.bailey@usace.army.mil

Sample comment:  I am a member of the Lake Hartwell Association and a full time resident on the lake. I strongly urge the Corps to maintain reduced flow rates until the Upstate lakes have reached full pool levels or until there is clear evidence of adverse impacts to the basin (we have certainly experienced our share of clear and severe impacts to Lake Hartwell in recent years). The historic drought of recent years has taught us that we must take every measure to conserve the precious water resources of Hartwell Lake and the Savannah River Basin.

 

Email Dated October 12, 2009 

If you have not done so yet please send an email to Col. Kertis of the Corps immediately.  We need to get as many emails to him as possible before the deadline for public comment is over on October 30.  Tell him in your own words how you feel about the Corps continuing to ignore our economic and recreational losses around the lakes.  How you feel about them refusing to correct the drought plan so we don't have a repeat of the mess we had last year.  In your own words remind him how they almost lost control of the lakes completely in the last drought and Save Our Lakes Now proposal would prevent that happening in the future.  If you had a bad experience during the last drought such as being unable to use your dock, etc. you may want to throw in a comment or two about that.

 

The Colonel's email address is edward.kertis@usace.army.mil. 

 

Please Click here for Current Lake Level Information.

 

By Jay Hufnagel, Keller Williams Realty, www.SayJayLakeandHome.com , 864-287-7530.

LAKE LANIER IS FULL

by Jay Hufnagel

Lake Lanier is finally full as of October 14, 2009. That’s about 5 years since it was at the 1071 mark. Who would have thought we would be looking at a full lake after seeing it last year when people were referring to it as Lanier Pond. All it took was about a foot more then average rainfall for the year and close to 6” of rain in the last 15 days.

 

           

 

You can’t pick up a Newspaper around here today without reading the good news. Also, the web is buzzing about how people are amazed at the speed the lake came up and the new appearance. Lt. Governor Casey Cagle has written to the US Army Corps of Engineers asking them to increase the “Full” level so more water can be stored at times when we’re in a drought. Here’s hoping and praying that we can keep this precious commodity at the level it is today….for the good of everyone.

 

By Jay Hufnagel, Keller Williams Realty, Lake and Home Group, www.SayJayLakeandHome.com , 770-757-2799.

Displaying blog entries 1-10 of 32

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