Smith Mountain Lake Real Estate | 2017 PREDICTIONS

 happynewyear2017

This is my HAPPY NEW YEAR and  Bold Predictions for 2017  Edition of “

The Smith Mountain Lake Edge”

I was trying to get this out 3 weeks ago,
but the holidays got in the way a bit….and as such,
some of my predictions are now coming true….
ALREADY…strange as that sounds….

So! Here we go!

Buyers are having difficulty finding what they want
in the lowest priced waterfront homes (everywhere, actually)
so they are turning to the idea of buying lots and building
[happening already]

Builders have moved to Smith Mountain Lake from other areas to compete for your business [happening already] and some moves surprised even me…despite the fact that I knew it was coming.  Builders KNOW the slump is OVER….. they are trying to build while materials are still affordable…..material costs are based on commodities markets and gas prices to get the materials where they need to go. NOW is the time to build if you are thinking that way….

We are losing yet another notch in the “low priced waterfront home market”….as you can see $200K’s are gone and almost all of the $300K’s are gone, or not really that appealing…but don’t let that stop you…remember….Scripps Network –HGTV and other channels– makes BILLIONS of $’s teaching DIY’ers  how to fix and flip their properties or stay put and ENJOY THEM. There are still several here to fix up, but the inventory is dwindling as you have already seen.

Mortgage rates are going up due to the Feds first increase of about 3 or 4 due this year [happening now]Even though mortgage rates are at about a 30 or 40 year low at this point….a 30 -year fixed is already up an entire point since I wrote about this, this time last year….and as the Feds raise the rate, so too will banks respond in kind…it’s just how it works…it’s always been this way.

Check out bankrate.com  to follow information on this.

Mortgage Companies KNOW that slump is OVER….[more evident than ever]
Several mortgage companies like Embrace and Movement Mortgage have moved to
Smith Mountain Lake, when no one was looking, and are waiting for your business.

****IF YOU ARE CURRENTLY RENTING ON THE LAKE…LIKE SEVERAL OF YOU ON THIS LIST, YOU ARE ABOUT TO LOSE $THOUSAND$ UNLESS YOU BUY NOW…..please take this seriously….****

This is NOT a Political Statement, whatsoever….it’s a FACT.
We are facing a “Changing of the Guard” in the White House….
This president-elect (love or hate him) has said that he
will pump $1 Trillion into infrastructure….in the first 100 days….

That will improve roads and bridges EVENTUALLY….
but it will also congest things initially….and that money
has to come from someplace…..
Time to think about YOUR retirement before taxes go up
where you are now.

The only thing we really lack here at Smith Mountain Lake  is more Restaurants!!! 🙂

So if you happen to be a restaurateur/restaranteur…or always dreamed of being one, we need you….let’s find you someplace to make your signature dish!

That’s it from snowy Smith Mountain Lake!

If you want the BEST priced property, be sure to
get a 2016 “leftover” Under Contract BEFORE
February 28, 2017

It will pay DIVIDENDS if you take my advice!!!

All The Best!
Noreen

If you are ready to make an appointment to get on my 2017
Calendar, then, simply send me an email, or call me 540-420-1294
If you have friends interested in purchasing, then let’s get them
on this list so that they can also receive SML MLS Listings for FREE!
Talk to You Soon!

Noreen Hartkern , FOUNDER of: smithmountainlakefronthomes.com, http://smith-mountain-lake-realty.com/ A Realtor, Real Estate Consultant and Real Estate Coach on Smith Mountain Lake
WAINWRIGHT & CO., REALTORS (LAKE)16503 BOOKER T WASHINGTON HWY MONETA, VA 24121    540-420-1294  noreenhartkern@yahoo.com

ABOUT THE AUTHOR: Noreen Hartkern is a well-respected Zillow 5- Star Agent on Smith Mountain Lake, Virginia, with over 20+ Years of Real Estate Expertise. Noreen is an Accomplished Realtor, Real Estate Consultant, New Construction Specialist, Blog Writer & Photographer. In Addition to Listings and Sales, Buyers and Sellers Agency, She has Extensive Experience as a Home Renovator, Rehabber and Flipper, and is a Published Author on That Very Topic.

Her Passion is Living and Working the Waterfront Lake Life and Helping Her Clients Find Lakefront Properties and Hidden Gems. Noreen is also an Accomplished Vocalist and Musician and Prides Herself on Being a Self-Made Entrepreneur. Quite Simply, Noreen is Your Smith Mountain Lake Resource for ALL THINGS Real Estate and Is UNIQUE IN HER APPROACH of Making ANY Real Estate Transaction FUN!!!!!! #SeriouslyFUN

Want "The Smith Mountain Lake Edge"? LOVE Super-Stealth BARGAINS on Smith Mountain Lake? Want to KNOW WHERE THE DEALS ARE BEFORE ANYONE ELSE DOES? GET NOREEN'S SECRET FREE SML REPORT The Bottom is OVER...Grab Some Deals Before they're all GONE!

See You Here Soon! Noreen Hartkern Mobile – (540) 420-1294 noreenhartkern@yahoo.com

Buyers Agent Smith Mountain Lake Real Estate | Realtor

Gallery

Noreen Hartkern, REALTOR is a PROUD to be one of the Few Named Zillow 5 Star Agent! Click Here To Learn More —>  Want Smith Mountain Lake FREE MLS?   Click Here Now —> FREE Smith Mountain Lake MLS   Smith … Continue reading

Smith Mountain Lake Real Estate 2010 Sales Stats

Wow…What an incredible year!!!

It’s strange how quickly time goes when it gets to the holidays.

Traditionally we reflect on how lucky we are, our many gifts and blessings of family and friends, great food, great company, and………..

how  the Smith Mountain Lake Market faired!

Well, this year, I’ll keep it short and sweet…

Here are the numbers to know………… 247, 84, 331

247 – Smith Mountain Lake Waterfront Homes, Lots, Condos and Townhomes SOLD AND CLOSED between December 28, 2009 and December 28, 2010

84 – Smith Mountain Lake Access Properties SOLD AND CLOSED between December 28, 2009 and December 28, 2010

———————————————————————————-

That Actually Accounts For A Rock Solid Year:

331 -TOTAL Smith Mountain Lake Related Properties SOLD AND CLOSED between December 28, 2009 and December 28, 2010

If you, or someone you know would be interested in this information in a detailed report, don’t hesitate to contact me at: noreenhartkern@yahoo.com

<or>

if you are interested in receiving FREE Smith Mountain Lake Real Estate MLS, just fill in the form to the right, or visit: http://smithmountainlakefronthomes.com/free_report.htm

Well, as promised, that’s it for today from the Smith Mountain Lake Real Estate Reporting Center! Again, we have the detailed data to support our findings and if you are serious about purchasing Smith Mountain Lake Real Estate in 2011, this is the information that you should have in your possession!

All the Best!

Noreen

ABOUT THE AUTHOR: Noreen Hartkern is a well-respected Zillow 5- Star Agent on Smith Mountain Lake, Virginia, with over 20+ Years of Real Estate Expertise. Noreen is an Accomplished Realtor, Real Estate Consultant, New Construction Specialist, Blog Writer & Photographer. In Addition to Listings and Sales, Buyers and Sellers Agency, She has Extensive Experience as a Home Renovator, Rehabber and Flipper, and is a Published Author on That Very Topic.

Her Passion is Living and Working the Waterfront Lake Life and Helping Her Clients Find Lakefront Properties and Hidden Gems. Noreen is also an Accomplished Vocalist and Musician and Prides Herself on Being a Self-Made Entrepreneur. Quite Simply, Noreen is Your Smith Mountain Lake Resource for ALL THINGS Real Estate and Is UNIQUE IN HER APPROACH of Making ANY Real Estate Transaction FUN!!!!!! #SeriouslyFUN

Want "The Smith Mountain Lake Edge"? LOVE Super-Stealth BARGAINS on Smith Mountain Lake? Want to KNOW WHERE THE DEALS ARE BEFORE ANYONE ELSE DOES? GET NOREEN'S SECRET FREE SML REPORT The Bottom is OVER...Grab Some Deals Before they're all GONE!

See You Here Soon! Noreen Hartkern Mobile – (540) 420-1294 noreenhartkern@yahoo.com