Video Tour of Gainesville Georgia

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Movie Tour of Gainesville Georgia

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Is there a hole in Lake Lanier?

Gainesville averages 8.61 inches of rainfall in July and August. This year, Gainesville has had 10.40 inches of rainfall from July 1 through August 20th.

During that time period, while Gainesville has received above average rainfall, Lake Lanier has dropped 15.77 inches. Why?

Source for rainfall totals and averages: http://www.nws.noaa.gov
Source for actual lake level: http://lanier.uslakes.info/Level.asp
This picture included is not an actual picture on Lake Lanier.

For homes and other real estate for sale on Lake Lanier, Gainesville, Flowery Branch, GA visit our website at http://www.abernathycochran.com

Real Estate Buying and Selling Analysis

Every year the National Association of Realtors conducts a survey of those buying and selling homes.  The last survey from 2011 has been released. 

·         37% of home buyers were first-time buyers – a drop from 50% in 2010

·         The average buyer was 45 – a jump from 37 in 2010

·         64% of buyers were married – the highest since 2001

·         18% of buyers were single females – the lowest share since 2004

·         The average buyer looked at 12 houses before buying.

·         89% of buyers bought through a real estate agent – up steadily from 69% in 2001.

·         87% of buyers financed their purchase – the average financed was 89% of purchase price.

·         The average seller lived in their home for 9 years – in 2006 this number was 6 years.

·         87% of sellers had their homes listed through a real estate agent.

·         61% of sellers said they had to reduce their listing price at least once before finding a buyer.

·         39% of sellers found their real estate agent through a referral from friends or family.

·         10% of sellers sold by owner

·         The average sale by owner sold for $150,000; the average sale through an agent sold for $215,000.

If you don’t like numbers…the analysis says that the average buyer is getting older and is married; that they buy with a Realtor; through the Realtor and the internet they look at fewer houses before making a decision; and that most buyers finance their homes because 30 year money is very cheap.  The average seller lived in their home much longer before selling it; almost all sellers used a Realtor that was referred to them by a friend; and the sellers that didn’t use a Realtor lost money.

For the best in real estate, whether you need to sell, to buy, or to be counseled, choose the Abernathy Cochran Group.  http://www.abernathycochran.com.  Gainesville, Flowery Branch, Oakwood, Braselton, Buford, Hall County, Lake Lanier, Northeast Georgia.  Homes, Farms, Lake Homes, New Houses, Condos For Sale.