Review of Lake Oconee Home Sales in 2018

January 7, 2019 by suzie

As we begin the new year 2019, it is time to take stock of the 2018 home sales at Lake Oconee and to project the sales anticipated for this area during the coming year. The data from the local Lake Country Multiple Listing Service reveals that 2018 home sales continued on an upward trend! The

Large Lakefront Home Sold in 2018

assessment of total sales of dwellings including homes, condos, and townhouses (combining Lake Communities and Gated Communities) reveal that the number of homes sold at Lake Oconee rose from 585 units in 2017 to 601 units in 2018, and an increase of 3%. Likewise, the average sale price of a home also rose from 2017’s average price of $484,916 to an average of $547,828 in 2018, about a 13% increase.

The most expensive waterfront home sold for $4,000,000 in a Gated Community, but there were many desirable waterfront homes that sold for under $400,000 in Lake Communities. There is a home for every lifestyle and every budget.
So, what is the forecast for the 2019 Real Estate market? The biggest change recently has been the rise in mortgage rates. Here’s what the industry leaders predict for the 30-year mortgage rate (today about 4.2%) by the end of 2019:

- - Realtor.com: 5.5%
  - Zillow: 5.8%
  - Fannie Mae: 5%
Although mortgage rates will slowly go up, the price of houses will not rise as much and the inventory of homes will increase, thus many prognosticators predict a balanced home buying market. It should be a good year for both buyers and sellers. One piece of advice to buyers: if you can afford a home, buy sooner rather than later this year.

Beat the Spring Rush, come look at currently listed homes at Lake Oconee! Here are a few of our lakefront listings that may fit your taste and pocketbook.

Look at this waterfront home in a Lake Community :

Affordable Lakefront Home

3 Bedrooms

2 1/2 baths

.92 acres

Putnam County

Details

Look at this listing in a Gated Community

4 Bedrooms

4 1/2 Baths

.61 Acres

Greene County

Details

Home with Gorgeous Lake Views

View all the homes, lots, and farms for sale in the Lake Oconee Area at our website

Look@LakeOconee

We’re here to show you any home in the local area, so call Suzie (706-347-1115) or Jim (706-453-6253) to plan a visit.

RE/MAX Lake Oconee

706-453-7777

Home Search: Look@LakeOconee.com

Blog: Look@LakeOconee.com

Pinterest: SuzieHudson Realtor

Fall Colors at Lake Oconee

October 27, 2017 by suzie

Fall at Lake Oconee this year has been slow to arrive! Just a week ago the temperature was

Colors of Fall at PIke’s Nursery

still in the 80s! Therefore, leaves are just beginning to turn to their oranges, reds, and yellows (yes, we have all four seasons here!). I am really ready to wear a sweater, make a fire in the fireplace, and cook some stew. Fortunately, the cool temperature is now here!

This October Lake Oconee residents have been extra busy with Fall Fundraisers. Golf courses have hosted Pink Ribbon Tournaments for breast cancer, church fundraisers for charity, and some college playoffs. Outdoor concerts were held by Harmony Crossing featuring Banks and Shane, Octoberfest at the Oconee Brewery (Episcopal Church)

Sensational Sounds of Motown

featuring Good Vibrations band, and at Harbor Club (for the Greene County Boys and Girls Club) featuring the Sensational Sounds of Motown. Whew, we’re tired of dancing!

The Catholic Knights of Columbus men sold Tootsie Rolls candy at the intersection on Highway 44! Lake Oconee charities surely got a monetary shot in the arm this season.

Fall brings in Football season, an eagerly anticipated time is finally here. Many Lake Oconee fans drove to Atlanta to attend the Falcons’ first game in the new Mercedes-Benz Stadium. Many University of Georgia fans and Georgia Tech fans pass through the Lake area on their way to tailgating before games. The fans’ car window flags are whipping in the breeze as people travel to their favorite college football game.

Young children and grown children are creating new costumes as Halloween approaches.

Children are Excited to Trick or Treat

Some churches host Trunk or Treat or parties for the very young goblins, and many adults head for costume parties, also.

This Fall at Harbor Club, a Southern Living Home is open for view on weekends in October and November. It is described as a Modern Farmhouse and is open on weekends during

Tour the Southern Living Model in Harbor Club

October and November. People who see it are abuzz about some of the brightly colored modern accessories and the bathtub in the shower! Come see it for yourself.

Another popular Fall activity is deer hunting. When we moved here from Atlanta, we were surprised to see vehicles move through

Fall is Deer Hunting Season

town with a deer carcass strapped to the roof! Men dressed in camouflage were seen at stores buying coffee and canned beans for sustenance.

Next in line is Thanksgiving! We just hope the Publix expansion will be finished before the

Fried Turkey, Southern Favorite

turkey buying frenzy begins. Many families gather for Thanksgiving at their family’s Lake Oconee home. Pumpkins, chrysanthemums, and corn sheaves decorate front porches. At our house, Thanksgiving is celebrated with a Southern favorite, fried turkey! Jim fries two (one is mustard coated) and has been the Hudson family favorite for the past 15 years.

The season for buying and selling homes has also been fast-paced this Fall! Come visit and find your four-season home at Lake Oconee. It is a great place to live all year.

Contact us at RE/MAX Lake Oconee

Suzie Hudson 706-347-1115, or Jim Hudson, 706-453-6253.

Home Search: LookatLakeOconee.com

Blog: Subscribe to emailed blog posts, lower right of home page LookatLakeOconee.com

Pinterest: SuzieHudson Realtor

Map of the Lake Oconee Area

October 16, 2014 by suzie

Lake Oconee Area

Outsiders are sometimes confused when we realtors refer to the Lake Oconee Area; is it a town? how do I search for it? Let me explain: The Georgia Power Company created Lake Oconee in 1979 by the building of Wallace Dam. The lake encompasses over 374 miles of shoreline that touches on basically three counties: Greene, Morgan, and Putnam, in Middle Georgia. Greene is to the east of the lake, the main town is Greensboro. Morgan borders the west side of the lake, the main town being Madison. Putnam is on the south side, about a third of the way down, and includes the town of Eatonton. Interstate I-20 bisects the area and connects with Atlanta to the west, and Augusta to the east. Many of the lake gated communities are in the area south of Greensboro, and north of Eatonton. All three counties’ homes for sale are compiled into our local Multiple Listing Service (MLS) to which all REALTORS have access. Information for a quick search, Zip Codes of the three counties are Greene-30642, Putnam-31024, and Morgan-30650. For immediate access to the local MLS, check with Look @ Lake Oconee home site.

Lake Oconee Pink Ribbon Activities

September 23, 2014 by suzie

Pink Ribbon Golf

October is Breast Cancer month all over the country. Lake Oconee women join in raising the awareness of breast cancer by urging tests for early detection of breast cancer, and collecting funds for research to combat this disease which strikes mostly women. Many women may be unaware of screening, or forget to make it a part of their busy lives. Several events for Pink Ribbon month to call attention to this deadly disease will be held in the Lake Oconee area. In addition to efforts planned by churches and civic clubs, the ladies’ golf associations are planning golf fund-raisers to benefit cancer charities.

The Reynolds Plantation Ladies Golf Association is planning a special golf day to create awareness of the threat of breast cancer, and to raise money for the research to cure the cancers. Tuesday, October 14th is the day that the Reynolds Pink Ribbon Tournament will take place. Organizers will use the sale of remembrance tee signs, raffle tickets, and other fees to raise money to donate to the American Cancer Society.

Thursday, October 16th is the day for the Harbor Club Ladies Golf Association’s annual Pink Ribbon Tournament. Members and many outside players will play at Harbor Club and participate in collecting money to be donated to the Lydia Project. Raffle items donated by local businesses and individuals will be purchased by a ticket drawing after the festive lunch. Pink balloons will be set free in honor of those who lost their lives, and those who have survived women’s cancer.

Lake Oconee residents will join people all over the country during the month of October by wearing the Pink. This is an example of how the Lake Oconee LIfestyle is to donate time and money to charities. Join the Lake Oconee Ladies in honoring those affected by women’s cancer, and contributing to charities that try to conquer the disease that is part of so many lives.

Join this lifestyle here at Lake Oconee in which people often give back with time and money to help others.

For more information, call Suzie (706-347-1115) or Jim Hudson (706-453-6253) with RE/MAX Lake Oconee.

We have the key to all the homes listed in our Multiple Listing Service.

RE/MAX Lake Oconee 706-454-7777

Home Search: Look@LakeOconee.com

Blog: Look@LakeOconee.com

Pinterest: SuzieHudson Realtor

What Happens to Lake Oconee Home Sales During Recent Shutdown?

October 15, 2013 by suzie

Worried About Loans as the Government Shuts Down?

These days many people are asking me if the closing of homes at Lake Oconee will be stopped by the U.S. Government’s recent shutdown. The best answer that I have found is on one of our real estate blogs written by a mortgage broker. His post is as follows:

Government Shutdown…What happens to my FHA closing Tuesday?

Let’s pretend that it does not matter which side of the aisle you are on. This is not left or right, red or blue, democrat or republican. This is our collective government and I keep hearing both sides say this is what the people want. What the people want is for those elected to show up at work and do your job. What the people want is to not be told what they want. Grow up, shut up, and show up at work to do what you were elected to do. Keep the government running!

As my blog is primarily a real estate/mortgage message I take this opportunity to make you aware of what is possible in a shutdown means to real estate agents and their clients.

Fortunately while 90% of all loans are backed by the federal government a great portion of those are backed by Fannie Mae and Freddie Mac and while those two entities are government-run they are funded from the fees they charge. Unfortunately The FHA does not work the same way and while the number of FHA loans have fallen off recently the FHA accounts for a large percentage of the loans currently being processed (roughly 60,000 per month). During a shutdown the FHA will be unable to insure loans and their staff will be unavailable to underwrite and/or approve new loans. According to HUD in the event of a shutdown only 350 of the 9,300 employees would be available to work.

This so called economic recovery is being pushed (not pulled) by a small housing recovery. Maybe, just maybe we could stop pointing fingers and laying blame based on party affiliation and not snuff out the small flame by delaying closings on FHA loans in the coming week.

If you have an FHA loan closing be prepared as I am not certain anyone currently knows what to do. By Peter Buchsbaum, Gateway Funding, Website: http://www.peterbuchsbaum.com

Actually, this is a great time to buy at Lake Oconee if you qualify for a loan! Sellers whose homes have been on the market for a while and have not sold, are reducing the prices to initiate a quick sale. The loan rates are still low. Below are links to our listings that have been reduced. Click on the address to see their details.

1291 Blue Springs Drive $ 329,000

Lakeside Townhouse

1111 Eagle Bluff Court $ 1,295,000

1115 Wharfside Court $ 429,000

1161 Big Water Circle $ 734,500

100 Whitney Street $ 659,500

312 North East Street $ 94,500

111 Lakemore Drive $ 499,900

108 Forest Ridge Drive $ 639,900

Other Listings:

1050 Billy Mantle Lane $ 279,000

1400 Club Drive $ 145,000

156 Long Island Drive $ 860,000

For more information, call Suzie (706-347-1115) or Jim Hudson (706-453-6253) with RE/MAX Lake Oconee. We have the key to all the homes listed in our Multiple Listing Service.

RE/MAX Lake Oconee Agents Realty 706-454-7777

Summer Things to Do at Lake Oconee, 2013

June 22, 2013 by suzie

Summer is a busy season here at Lake Oconee. People who vacation at Lake Oconee often wonder about Things to Do around Lake Oconee when the children get tired of swimming, or when the husbands are playing golf. Summer Activities that are planned this year include the following:

Ongoing events:

Weeks of June 3 until July 23 Kid’s Camp at Crooked Pines Farm, Details
June 23-September 1 Ritz Summer Concert Series and Fireworks, 7:30-10 PM Sundays, live entertainment and fireworks Details

Sunday Concert at the Ritz

Concerts

June 28, 7-10 PM, downtown Greensboro, Pickin’ on the Greene Details
July 20, 7:30 PM, Plaza Arts Center, Eatonton, Swingin’ Medallions Details
August 17, 7:30, The Plaza Arts Center, Eatonton, Tim Cadiere Details

: Crooked Pines Summer Camp

July Fourth Festivities 2013

July 3, Annual Independence Day Concert and Picnic, Madison Details
July 3, Ventura Blvd., Ritz Concert Series Details
July 6, Hotel California and the Kinchafoonee Cowboys, Gate opens at 5 PM, Lake Oconee Village Details
July 6-7, The Sunflower Farm Festival, Rutledge Details

: Rutledge Sunflower Festival

Holiday Fireworks

July 3, The Ritz-Carlton Lodge, Fireworks, dusk
July 4, Great Waters, Fireworks, dusk -POSTPONED UNTIL JULY 6

: Fireworks Over Lake Oconee

Living here at Lake Oconee is like a vacation! There is always something fun to do, even though we enjoy a relaxed pace. Come visit, and see local property for sale. Now is a great time to buy, and our inventory is shrinking. For more information, call Suzie (706-347-1115) or Jim Hudson (706-453-6253) with RE/MAX Lake Oconee. We have the key to all the homes listed in our Multiple Listing Service.

RE/MAX Lake Oconee Agents Realty 706-454-7777

Lake Oconee News – MetLife to Buy Reynolds Plantation

May 9, 2012 by suzie

Just announced, big news for Lake Oconee! MetLife plans to buy Reynolds Plantation. Below is the press release.

PRESS RELEASE

May 9, 2012, 6:01 p.m. EDT

MetLife to Purchase Reynolds Plantation

ATLANTA, May 09, 2012 (BUSINESS WIRE) — MetLife announced today that it has entered into an agreement to purchase Georgia’s premier golf and resort community, Reynolds Plantation, located on Lake Oconee, 70 miles east of Atlanta. The acquisition will include The Ritz-Carlton Lodge, six championship golf courses, four full-service marinas and nearly 5,000 acres of undeveloped golf and waterfront property. The transaction is anticipated to close during the summer, subject to customary closing conditions. Terms were not disclosed.

“Reynolds Plantation is an exceptional development, and we’re excited about the opportunity to become the new owner,” said Robert Merck, senior managing director and head of real estate investments for MetLife. “This is a premier community with world-class amenities, a great reputation and a strong future. MetLife has been a real estate investor for over a century, and this transaction represents an outstanding investment opportunity for us.”

MetLife is engaging Daniel Corporation to oversee all day-to-day operations at Reynolds Plantation. The Daniel team will work in cooperation with MetLife’s Atlanta Regional Office, headed up by Regional Director Tom Coakley. The Atlanta office manages the company’s real estate investments in the southeastern United States.

The collaboration between MetLife and Daniel represents a continuation of a 25-year relationship between the two companies. Their projects include joint venture ownership of 12th & Midtown, a multi-block development along Atlanta’s storied Peachtree Street, which includes the 717,000-square foot 1075 Peachtree office tower and the Loews Atlanta Hotel.

“The team at Daniel is looking forward to working with MetLife to enhance Reynolds Plantation and position it for future generations,” said Charlie Tickle, chairman and CEO of Daniel Corporation. “We will bring a business approach to the operations to enhance the economic viability and sustainability of Reynolds Plantation, which is key to preserving and improving property values and attracting new residents and members.”

Ritz-Carlton will continue to manage the hotel under its long-term management agreement.

MetLife has a long history of investing in real estate in Atlanta and the southeastern United States. The company’s current investments — in addition to 12th & Midtown — include Georgia Pacific Center, Georgia 400 Center and Rocca Apartments.

About Reynolds Plantation

Reynolds Plantation, located between Atlanta and Augusta, Ga., is situated along more than 374 miles of Lake Oconee shoreline and features six championship golf courses, dining, swimming pools, pedestrian trails, marinas, a tennis center and a wellness campus. Reynolds Plantation is also home to The Ritz-Carlton Lodge, a 251-room lakefront resort and spa, which was named as a 2012 AAA Five Diamond Lodging and 2011 Forbes Four-Star resort. The community is located about an hour and a half from Atlanta’s Hartsfield-Jackson International Airport. For more information, visit www.reynoldsplantation.com .

Priced to Sell on Harbor Club Golf Course

April 28, 2012 by suzie

1160 Harbor Ridge Drive

There are some “real deals” in the Harbor Ridge section of the Lake Oconee golf community of Harbor Club. My husband and I are experts here, as we have been residents of the Harbor Ridge Neighborhood since 2006. I have referenced the community feel of the Harbor Ridge Neighborhood in a previous post, and extolled the special benefits of Harbor Club residency; owning one’s own golf cart, and having 80% home owners as full-time residents. Harbor Ridge is a convenient, friendly, secure neighborhood with well-built, attractive houses. One of the best-ever homes is now for sale at a wonderful price of $449,000.00! The present owners are ready to move, so priced the home really low, considering the square footage, and the added extras. 1160 Harbor Ridge Drive is 4630 square feet of living space distributed over three levels. The terrace level is perfect for teens or in-laws with its own great room, kitchenette, and bedroom suite.

Terrace Level Great Room

This great room has extraordinary 12′ ceilings, lots of sunlight floods in. An extensive sound system makes the whole house perfect for enjoying music, or a sports event on that wide-screened television. The view from the entry-level porch includes the challenging last three holes (my husband calls “the gauntlet”) of the Weiskopf-Morrish designed Harbor Club Golf Course.

Porch Includes View of Three Golf Holes

Harbor Ridge properties are truly “lock and leave” as the lawn care is contracted yearly by the group, and the Harbor Club security patrols regularly. For all the details about this wonderful home, click here. So, we are asking, “won’t you be our neighbor?”

For more information, or to see the home, call Suzie (706-347-1115) or Jim (706-453-6253)

RE/MAX Lake Oconee Agents Realty 706-454-7777

Masters Golf at Lake Oconee

March 29, 2012 by suzie

Masters, at Lake Oconee? Did you think that the Masters Golf Tournament was in Augusta, Georgia? Of course it is, but the Lake Oconee area, only about 80 miles to the west on Interstate 20, is hopping during Masters Week, too! Many Masters patrons enjoy staying in the lake area to avoid the congested traffic, crowded restaurants, high prices in the Augusta area during the week of the Masters Golf Tournament. Many golf lovers combine attendance at the tournament for a half day of watching golf, with a half day of playing their own golf at Lake Oconee. If one enters I-20 at Greensboro, it is an express-way drive to the famous Washington Road exit near Augusta National Golf Course, home of the Masters Golf Tournament.

Azaleas at the Masters (CVogle)

For weeks the Lake Oconee community has been preparing for Masters Week ( and Spring) by putting down mulch, pruning the shrubbery, and repainting the trim on businesses and homes. The golf communities have been reserving tee times and rental properties for the Masters Patrons. Around Lake Oconee, new businesses are planning to open “at least by Masters Week”. Restaurants are preparing for peak numbers of customers, and extending their hours during the week of the tournament. The “rebirth” of our grass, azaleas, dogwoods, and other spring bloomers echoes the gorgeous landscapes that always put on a show at the Masters Golf Tournament.

The Fountain at Harbor Club

This year Masters Week coincides with Easter Week, and many spring breaks from schools, as it often does. Of course, these holidays also bring more people to the Lake Oconee Area. We full-time residents will be entertaining extra guests during this week.

Flowers at The Landing at Reynolds Plantation

Even we Realtors® are expecting increased contacts from people who observe the beauty of Lake Oconee from visiting here during Masters Week. If you are in the Lake Oconee Area this spring, please call us to tell you about the many homes for sale, and the pleasures of the Lake Oconee Lifestyle. This spring, there is not only the resurgence of green plants here, but also the resurgence of the economy and activities that make Lake Oconee such a wonderful place in which to live! Don’t wait to join the many happy home owners at Lake Oconee.

Call Suzie (706-347-1115) or Jim Hudson (706-453-6253) for more information about homes in the Lake Oconee area. Go to our website, RE/MAX LakeOconee.com to search ALL the properties on the local market. We have seen a “resurgence” of home buying, too, so if you are interested in a Lake Oconee home, come soon!

Suzie and Jim at the Masters

My Photo of Tiger on Practice Green

RE/MAX Agents Realty-Lake Oconee

706-454-7777

Lake Oconee Retirement Mecca

March 2, 2012 by suzie

Lake Oconee Retirement Community

As we babyboomers enter retirement age, a large number of individuals are making choices of a location to spend their “golden years”. Some people plan to remain in the same community in which they have settled and raised their families. Many people hope to relocate to a warmer climate for their post-career years. Lake Oconee is a good choice for a retirement home. A unique retirement community lifestyle is offered in what is called a 55+ community, one which offers homes with less size and upkeep, coupled with easy opportunities for activities and new friendships. The choice of a 55+ community in the Lake Oconee area is Del Webb at Lake Oconee. This type of community has been described as “trading extra space for carefree living”. The “carefree” part is due to the fact that one fee per month takes care of lawn care, club dues, and POA fees. Many locals have moved to this community from the larger, single family gated communities, and love the “lock and leave” aspect of Del Webb when the urge comes to travel. Located only 75 miles east of Atlanta, Del Webb at Lake Oconee is the only Del Webb community with direct lake access. The community boat ramp affords lake access to residents, and a choice of day docks for temporary use. A 21,000 square-foot recreation center includes indoor resources such as pool, ballroom, fitness center, billiards room, arts and crafts room, and game rooms.

Del Webb at Lake Oconee Amenity Center

In addition, there are exciting outdoor amenities such as tennis pavilion with clay courts, bocce courts, croquet and pickle ball courts. Of course, there is a luxurious outdoor pool, and a beautiful lakeside pavilion for community gatherings.

Del Webb Lakeside Pavilion

All this comes with a Lifestyle Director who can advise you of activities, clubs, trips and classes to share with other like-minded residents. You can be as busy as you like, it’s up to you! Del Webb community sits on acres of beautifully landscaped hills, many acres left in the natural state, in the heart of the Lake Oconee Area. Just outside the gates there is easy access to restaurants, golf, and entertainment.

Jim and I are proud to offer you our newest listing, a 2493 square foot traditional home in Del Webb. This home stands out from the rest in Del Webb with its special upgrades, including many special architectural details, a flagstone patio with built-in grill and storage, and a pergola with a killer view. A large all-season room was added for extra lounging and entertaining space. The location of this property allows for privacy, as well as attractive curb appeal.

Traditional Ranch Home

Upgrades include 9 foot Ceilings, Crown Molding, and Hardwood Floors

Gourmet Kitchen

Large All-Season Room

Pergola with a View

Property Search

Beat the Spring Rush, come look at currently listed homes at Lake Oconee! Here are a few of our lakefront listings that may fit your taste and pocketbook.

View all the homes, lots, and farms for sale in the Lake Oconee Area at our website

We’re here to show you any home in the local area, so call Suzie (706-347-1115) or Jim (706-453-6253) to plan a visit.

RE/MAX Lake Oconee

Blog: Look@LakeOconee.com

Pinterest: SuzieHudson Realtor

The season for buying and selling homes has also been fast-paced this Fall! Come visit and find your four-season home at Lake Oconee. It is a great place to live all year.

Contact us at RE/MAX Lake Oconee

Suzie Hudson 706-347-1115, or Jim Hudson, 706-453-6253.

Home Search: LookatLakeOconee.com

Blog: Subscribe to emailed blog posts, lower right of home page LookatLakeOconee.com

Pinterest: SuzieHudson Realtor

RE/MAX Lake Oconee 706-454-7777

Home Search: Look@LakeOconee.com

Blog: Look@LakeOconee.com

Pinterest: SuzieHudson Realtor

Other Listings:

For more information, call Suzie (706-347-1115) or Jim Hudson (706-453-6253) with RE/MAX Lake Oconee. We have the key to all the homes listed in our Multiple Listing Service.

RE/MAX Lake Oconee Agents Realty 706-454-7777

Summer is a busy season here at Lake Oconee. People who vacation at Lake Oconee often wonder about Things to Do around Lake Oconee when the children get tired of swimming, or when the husbands are playing golf. Summer Activities that are planned this year include the following:

Concerts

July Fourth Festivities 2013

Holiday Fireworks

July 3, The Ritz-Carlton Lodge, Fireworks, dusk

July 4, Great Waters, Fireworks, dusk -POSTPONED UNTIL JULY 6

RE/MAX Lake Oconee Agents Realty 706-454-7777

MetLife to Purchase Reynolds Plantation

For more information, or to see the home, call Suzie (706-347-1115) or Jim (706-453-6253)

RE/MAX Lake Oconee Agents Realty 706-454-7777

RE/MAX Agents Realty-Lake Oconee

706-454-7777

This wonderful 3 bedroom, 2 bath ranch home is listed by RE/MAX agents Suzie and Jim Hudson for $389,000.

For more information about 1101 Water Front Road, Greensboro, GA go to this link at RE/MAX Lake Oconee.

For showings or information about any property in the Lake Oconee Area, call Jim 706-453-6253, or Suzie 706-347-1115.