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LAKE LANIER WATER CONTROL CORPS COMMENTS DUE

by Jay Hufnagel

I just received this important email from the Lake Lanier Association. If your a Lake Lanier Real Estate home owner, a Lake Lanier boating enthusiast, or just an avid fan of Lake Lanier, please make your voice heard.

 

The Lake Lanier Association

As you may already be aware, today is the deadline for submission of public comments for the Corps of Engineers Water Control Manual revision for the ACF System. The Lake Lanier Association has already submitted comments and we encourage our members to submit their own comments with similar emphasis. In case you would like to review the comments submitted by the Lake Lanier Association, the full text and supporting documents are posted on our website. A quick summary of our comments are as follows:

 

- The 5,000 cfs minimum flow required at the state line is not representative of the true lowest historical flows in the ACF and is not sustainable.

 

- Lanier was never designed to support ALL downstream demands and can't be expected to because the dams originally proposed on the Flint River were never built.

 

- The Corps' current operating rules require more water to be released from Lanier than is necessary and do not allow as much to be stored as is possible. These draw the lake down more than necessary and make it less likely to refill to full pool under contemporary climatic conditions.

 

- The Endangered Species Act does not require the Corps to augment Apalachicola River flows above run-of-river levels and the practice should not be required because it depletes Lanier unnecessarily.

 

- Regular navigation is no longer feasible on the ACF and the Corps should not try to support it in view of the other demands on Lanier as a resource of last resort.

 

To submit comments online, click the following link:

US Army Corps of Engineers WCM Public Comment Form

 

To submit comments via email, send to: acf-wcm@usace.army.mil

 

To see the full text of our comments, and the supporting document references, see our website.

Lake Lanier Association

 

 

 

ITS TIME TO BUY REAL ESTATE ON LAKE LANIER

by Jay Hufnagel

                        2012 (Year to Date) Lake Lanier Real Estate Sales

 

I’m getting asked from prospective Buyers, “Where are all of the Listings on Lake Lanier?” Last year, about this time, there were about 370 Active Lake Lanier Waterfront listings in FMLS. Today, we have about 230. That’s quite a big decline. Why? Well, in my humble opinion, Sellers are reluctant to list their properties at current market rates, there are concerns about the water level, and many are waiting until Spring, hoping that the water comes up and they won’t have to give big discounts. I hope they don’t miss a good time to sell. Think about it! Serious Buyers have a lot of reasons to buy today: some of the best loan rates in history (close to 3.5% for 30 yrs.), low water levels so they can be more confident in what kind of water they’ll have during seasonal and drought fluctuations, fantastic list prices that are near 1996 levels, and a market that is conducive to negotiation and getting great deals.

 

Here are year to date (10/18/12) statistics for 2012 “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):

 

                                                                                 2012           

 

Homes Sold                                                               137                                                     

            Average Days on the Market                         237                  

            Original Average List Price                       $539,654             

            Average Sale Price                                       464,127             

            Sale vs. Original List Price                              86.1%             

 

            Current Active Dockable Listings                  232                 

            Current Homes Pending (under contract)        31

 

 

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.

 

CLICK BELOW FOR HOMES SOLD AND UNDER CONTRACT

Buyer Full

Quick Comparative Market Analysis

 

      

 

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 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.

RATES ARE CREEPING BACK UP

by Jay Hufnagel

Have you been waiting for interest rates to come down before you buy? Hopefully you haven't waited too long! Here's a link to an article that talks about rates and how they're going up - "I got a little greedy and I lost". 

 

LAKE LANIER ANNUAL SHORE SWEEP

by Jay Hufnagel

The Lake Lanier Association is planning it's 22nd Annual Shore Sweep on Saturday, September 25, 2010. If you own Lake Lanier Real Estate, been looking at Lake Lanier Homes for Sale, or just enjoy boating, swimming and having fun on Lake Lanier then this is your chance to give back. Please see the information below on locations and times to meet or go to www.lakelanier.org .

Contact Jay Hufnagel, Keller Williams Realty, www.SayJayLakeandHome.com , sayjay@bellsouth.net , 770-757-2799, for more information or for details on Lake Lanier Real Estate for sale. 

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.

STUNNING LAKE LANIER HOME IN BEAUTIFUL LAKE COMMUNITY

by Jay Hufnagel

 

This Gorgeous Lake Lanier 4 Bedroom and 3.5 Bath Home at 7475 Kingfisher Lane in Dawsonville, Georgia is located in Lakes Edge Subdivision. Located just minutes from Hwy 400, this beautiful Lake Lanier Home has everything you’re looking for - Huge Great Room with Fireplace, Formal Dining Room, Huge Kitchen with Breakfast Bar and Area, and a Keeping Room with Stone Fireplace. You’ll love the large Master Bedroom (on the Main Floor) with Sitting Area that overlooks the big Private Back Yard that borders the US Army Corps of Engineers property of Lake Lanier. The Master Bath Suite includes a Double Vanity, Garden Tub and Separate Walk-in Marble Shower. The unfinished Basement is huge and just waiting to be transformed into a Showcase Terrace Level with two more Bedrooms, Full Bath, Media Room, Bonus Room and Entertainment Area.

All of this and you’re just a 2 minute walk to a Community Multi-Slip, Party Deck, Dock in Deep Water of Lake Lanier. Invite your Family and Friends to enjoy your Beautiful Home and the Quality of Lake Living.

Other Key Features and Upgrades in this Beautiful Lake Lanier Home include: Room for Large Swimming Pool in Backyard, 13 feet Ceilings in Basement, Upgraded Marble Baths throughout home, Granite Countertops in Kitchen and Baths, Extended Wrap around Deck, Fireplaces have Floor to Ceiling Stone Treatment, Hardwood Floors throughout Home (Upstairs and Downstairs), Tank less Water Heater, Gourmet Kitchen with Stainless Steel Commercial Appliances, Wolf six (6) Burner Stove, Bosch Front Load Laundry Appliances, Extra Windows in Keeping Room, Wall of Windows in Great Room, Granite Buffet Shelf in Dining Room, Iron Railings and Cat Walk, Iron Railings on Deck and Decorative Columns, Extra Canned Lights, Stone Steps to Backyard, Surround Sound Wiring and Custom Walk-in California Closets.

              Virtual Tour of this Beautiful Lake Lanier Home

If you're looking for Lake Lanier Real Estate don't miss seeing this home.

Contact Jay Hufnagel, Keller Williams Realty, www.SayJayLakeandHome.com , sayjay@bellsouth.net , 770-757-2799.

Lake Homes are Still Selling

by Jay Hufnagel

 

 

Homes on the lake are still selling, but Sellers are finding that Buyers want huge discounts. And, lake home owners are starting to get the message… if you really don’t have to sell or want to sell “real bad”, now may not be the best time to put it on the market. The days are gone (at least for a while) where overpriced homes are on the market, “just to see if someone will bite”. They’re not biting, and if they did, appraisals aren’t supporting prices that are above, hard to find, comparables. 

 

See for yourself! Listed below are links showing the actual waterfront homes sold and under contract since July 1, 2009.  Pay close attention to the difference from the Original List Price to the Actual Sales Price. What use to be 95 – 98%, is now 80 – 85%.  It’s definitely time to buy!

Lake Lanier (34 Homes Sold, 21 Pending or Under Contract, Avg. Sale Price $599,504)

  Buyer Full Page
       CMA Page

 

Note: Source is FMLS and does not include For Sale By Owners (FSBO) or non FMLS properties.

Lake Hartwell (27 Homes Sold, 8 Pending or Under Contract, Avg. Sale Price $356,922)

 Click Here to View Listings

Lake Keowee (19 Homes Sold, 13 Pending or Under Contract, Avg. Sale Price $650,936)

 Click Here to View Listings

Note: Source for Hartwell and Keowee is SC Western Upstate MLS and does not include FSBO and non Upstate MLS properties.

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

 

By: Jay Hufnagel, Keller Williams Realty, www.SayJayLakeandHome.com , sayjay@bellsouth.net ,770-757-2799, just “Say Jay” for Real Estate

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.

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.
 

Displaying blog entries 1-10 of 11

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