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.