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July 8th, 2011
Lake Wateree Fire Works
The fire wroks were great this year, it looked like the weathe was going to shut it down but the good Lord allowed it to happed and added some lightning in the back ground
 
Lake Wateree Fire Works  
 

June 12th, 2011
Now is the time to buy
There's no reason you shouldn't buy a home now and take advantage of super-low prices, historically low mortgage interest rates, and a significant supply of homes on the market. But to be successful in today's real estate market, you need to understand that the game has changed
 
 

October 28th, 2010
Rain at Lake Wateree
The rain has been much appreciated the last couple of days. The fall colors have a little dim, I think the rain has made them a little more vibrant.
 
 

September 27th, 2010
Real Estate future
"Although most Americans believe that home prices have bottomed, they are adopting a much more cautious approach toward buying," "Homeowners and renters alike continue to be wary of taking on risk, and they are less confident in the long-term outlook for housing." Lake Wateree & Kershaw county is an exception for me.
 
 

September 22nd, 2010
Real Estate Reallities
http://www.inman.com/buyers-sellers/columnists/loubarnes/the-people-have-spoken-are-parties-listening
 
 

September 7th, 2010
The mortgage industry
Mortgage rates continued their record-setting ways this week, with 30-year fixed-rate mortgages dipping to an average of 4.32 percent and 0.7 point, Freddie Mac said in releasing the results of its Primary Mortgage Market Survey
 
 

September 7th, 2010
Be Positive
When times are challenging, there's no shortage of complainers. These people pull you away from a positive focus. It's as if they're drowning in negativity and they're trying to take you down with them.
 
 

September 7th, 2010
Lake Wateree SC
The temperature & humidity has come down. This is truly one of the best places to live. Lake Wateree has been my home since 1965, I love visithing other places but this is home.
 
Lake Wateree SC  
 

August 31st, 2010
mortgage industry
Mortgage rates moved deeper into uncharted territory this week, as fear of a double-dip recession prompted investors to flee to the relative safety of long-term bonds and other conservative investments, including mortgage-backed securities that fund most mortgage lending.

Rates on 30-year fixed-rate mortgages averaged 4.36 percent with an average 0.7 point for the week ending Aug. 26, down from 4.42 percent last week and 5.14 percent a year ago. That's a low in records dating back to 1971, Freddie Mac said in releasing the results of its weekly Primary Mortgage Market Survey on Thursday
 
 

August 30th, 2010
Avoid capitol Gains Tax bite
Check out this link
http://www.inman.com/buyers-sellers/columnists/tomkelly/avoid-a-capital-gains-tax-bite
 
 

August 22nd, 2010
Economy in a nut shell
Employment is weak because sales are lousy, not the other way around. Sales are lousy because the nation's households are scared -- more than half are unsure about their ability to sell a home, and if so for what.
 
 

August 14th, 2010
Rochelle Creek Bridge out
SCDOT has has issued a news release on the Rochelle Creek Bridge that was closed two weeks ago. The existing bridge will be removed and replaced by a longer, modern span that will be less prone to erosion. The projected completion date of the project is December 31, 2010
 
 

August 14th, 2010
Annual JDRF Poker Run , August 14 2010
The Anual JDRF Poker Run in today, Starts at Clearwater cove at 11 am
 
 

July 28th, 2010
Protect yourself
Do not give anything over the internet that you would not want to give over the microphone on national television
 
 

July 25th, 2010
July 26 2010 from the State paper
Tax reform is vital for the state to thrive, industry experts say.

Read more: http://www.thestate.com/2010/07/25/1389809/taxes-not-falling-with-home-values.html#ixzz0ugx9ixOf
 
 

July 24th, 2010
Sale Are up
Closings on residential homes continued their year-over-year increases in April, witnessing a 37 percent increase over April of 2009. Year-to- date sales volume is 22.7 percent higher than 2009 levels at this same time.
 
 

July 9th, 2010
Real Estate news
As expected, buyers in South Carolina took advantage of the federal first-time homebuyer tax credit last month, which officially came to a close on April 30. Pending Sales were up 16.3 percent versus last year at this time, with 4,802 contracts written. That is the highest number of pending sales since April 2008. Closed Sales were also up 25.0 percent to 4,196.
 
 

July 3rd, 2010
Happy 4th of July
I would like to wish you a fun-filled weekend of picnics, fireworks and quality time with friends and family, as we celebrate the birth of our great nation. Please also take a moment to reflect on the thousands of our brave troops throughout the world, who put their lives on the line to protect the freedom we celebrate.
 
Happy 4th of July  
 

June 8th, 2010
Please vote today
VOTE in the South Carolina Primary
Tuesday, JUNE 8. The polls will be open from
7:00 am to 7:00 pm
 
 

June 2nd, 2010
Get prepared for the 4th of July
Don't miss the 4th of July fireworks out from Clearwatercove. The show is always great, but watching the boats leave afterwards is a show also.
 
Get prepared for the 4th of July  
 

May 5th, 2010
Health care bill & Home ownership taxes
Q: Is there a real estate “sales tax” or a transfer tax in the new health care bill?

A: No, there is neither a real estate “sales tax” nor a transfer tax in the bill.


Q: What new taxes are there in the health care bill that will impact property owners?
A: There is a new 3.8% Medicare tax for “High Income Filers,” defined as an individual who files a single return with Adjusted Gross Income (AGI) of more than $200,000 or a married couple with AGI of more than $250,000.


Q: When does the new 3.8% Medicare tax take effect?
A: The new Medicare tax will take effect January 1, 2013


Q: How is the new 3.8% Medicare tax calculated for high-income filers?
A: No. The new 3.8% Medicare tax is assessed only when the $200K/$250K AGI limits are exceeded. The net investment income that will be subject totax is the LESSER of (1) net investment income OR (2) the excess of AGI over the $200K/$250K AGI limit.

Investment income includes: capital gains, rents, dividends, interest and business income earned by shareholders or partners not active in the business. Net investment income is investment income minus any allowable expense deductions.


Q: How will property owners be affected by this new tax?
A: Keeping in mind the income limitations above, real estate income that will be affected for high-income filers include:
• Sale of a primary residence: If the gain from the sale of the property is below $250,000 (individual)/$500,000 (couple) NO tax will have to be paid on the gain. The new Medicare tax would only apply to any gain realized over the $250K/$500K existing primary home exclusion that will bring the filers AGI over the $200K/$250K limits.
• Second Home/Investment property: The additional 3.8% tax will apply to the portion of the gain realized on the sale of a second home or investment property that will bring the filers AGI over the $200K/$250K limit.
• Rental Income: The portion of net rental income that exceeds the $200K/$250K AGI limits will be subject to the new 3.8% tax.

Q: Will “High Income Filers” also see a reduction in the amount of Mortgage Interest they are allowed to deduct?
A: No, there was not a cap on itemized deductions included in the final health care bill.

 
 

April 30th, 2010
Full Moon
The full moon the past couple of nights has been beautifull. I almost can't stop watching, and taking in the calmness.
 
 

April 25th, 2010
Rain at Lake Wateree
We are having much needed rain here on April 24 & 25th, It is a welcome site. I hope it washes away some of the pollen and dust. We had such a wet cols winter, I hope it's not goig to be a dry summer.
 
 

April 19th, 2010
Lake Wateree Spring time
Spring is in the air at Lake Wateree, The Dogwoods have blooming, fishermen have been catching Crappie. The Bass are coming into the shallows. What A wonderfull time of year.
 
Lake Wateree Spring time  
 

April 12th, 2010
Lake Wateree is Heating up
Lake Wateree is seeing some brave souls tubing & skiing this early in the season, or mabey I'm getting older. The lake has been bubeling with activity, the fishermen have been busy.
 
Lake Wateree is Heating up  
 

April 5th, 2010
Easter at Lake Wateree
What a beautifull weekend we hag for Easter. We had a wonderfull Son rise service at The Lakeside Pavilion at Lake Wateree Babtist Church.
 
 

March 22nd, 2010
Lake Wateree's first for 2010
The first nice weekend for 2010 was just what the Doctor ordered. There were a lot of boaters and fishermen out enjoying the weather.
 
 

March 17th, 2010
Spring at Lake Wateree
I feel spring at Lake Wateree is just around the corner. The Red Bud Trees are Blooming, Dafodils are blooming. It's been a long hard winter, i can't wait for spring to get here.
 
 

March 15th, 2010
Nation wide Open House
Participate in the first REALTOR® Nationwide Open House Weekend! Saturday, April 10-11, 2010
 
 

February 24th, 2010
Real Estate Overview
After a rising surge from September through November, existing-home sales fell as expected in December after first-time buyers rushed to complete sales before the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved in 2009, according to the National Association of Realtors®.
 
 

February 21st, 2010
First time buyers, time is running out
There are only 65 days left on the first itme buyer program
 
 

February 21st, 2010
The first weekend of Sunshine
As usual February always provides Lake Wateree with a few weeks of welcomed Sunshine. Most of us spent it cleanihg up trash from the high water
 
The first weekend of Sunshine  
 

February 17th, 2010
Sun shines at Lake Wateree 2 days in a row
Two days of sunshine in a row, WOW I had begen to feel like I was getting web feet.
 
 

February 16th, 2010
Sunshine at Lake Wateree
WOW, the sun cane out yesterday and it was like a long lost friend had found us. I hope we have enough sunny days to dry out the ground a little bit. The snow was nice and we did not have much ice, it was fun.
 
Sunshine at Lake Wateree  
 

February 7th, 2010
Lake Wateree Has Rizen Again
Lake Wateree is expected to crest tonite around 1am. Duke & National Weather service is expecting aroud 104.
OK this is enough for a while
 
 

January 30th, 2010
Lake Wateree rising or falling ?? Frezzing Rain
The lake level started going down, but with this winter storm coming through who knows what will happen.
 
 

January 28th, 2010
Lake has Crested 01/28/2010
It looks like the lake has crested just below 103ft. Lake Watere is a man made lake, one of 7 hydo electric lakes created in the late1800s to early 1900. Tha Catawba river which supplies the water for these 7 lakes starts near Ashville NC.
 
Lake  has Crested 01/28/2010  
 

January 26th, 2010
Waters are Rising again
Lake Wateree is expected to rise to 102 by this evening. The Catawba River water shed area is sending water down to us from the recent rains. Lake Wateree has been up and down so much in the past 45 days that it has been like a YoYo.
 
 

January 3rd, 2010
Happy New Year Lake Wateree Freinds
The full moon lit the water last nite beautifully. Well we avoided a major flood because of the anual drawdown, had we not already been down 2 feet it could have been devistating.
 
 

December 25th, 2009
Merry Christmas Lake Wateree Friends
I hope everyone has a safe and fun filled Christmas & a Happy New Year
 
Merry Christmas Lake Wateree Friends  
 

December 16th, 2009
AHOY the Sunshines at Lake Wateree
WOW what a beautifull day at last.
 
 

December 14th, 2009
Foggy on the Lake
It is so foggy on Lake Wateree this morning, that I can't even see the island in front of my home. Well at least it's not freezing
 
 

December 10th, 2009
Christmas time at Lake Wateree
It's beautifull riding around Lake Wateree looking at the decorations and lights. There will be a nite time boat parade soon.
 
 

December 6th, 2009
Lake Wateree draw down
Lake Wateree was getting pretty low on the annual draw down untill this flood of rain. We need the rain but let the sun shine a few days.
 
Lake Wateree draw down  
 

December 6th, 2009
Loan Rates
Loan rates are steady and the jumbo loan market has eased up a little. The could help on some of the higher end homes.
 
 

October 18th, 2009
season of change
Sunday Oct 18 2009, What a beautifull morning at Lake Wateree. The past week has been very gloomy, but gave us much needed rain.
Th real estate market has been sad also, but change is on the horizon. There has been a lot of acctivity is the past week. I hope property at Lake Wateree takes part in this change
 
 

October 7th, 2009
Rain Rain Rain
Lake Wateree has been exceptionaly wet this week. We need the rain though. Lake levels on Lake Wateree have held very well this year,
 
 

October 2nd, 2009
Flying over Lake Wateree
I took Dennis Russ for a seaplane ride over Lake Wateree. It is a total different aspect of the lake
 
Flying over Lake Wateree  
 

October 1st, 2009
Lake Wateree Association
The LWA meeting is tonite in Camden if anyone is interested. There has been discussion on the Overlay distric the county in proposing.
 
 

September 29th, 2009
Wind & Weather
09/28/2009 The wind was nasty on Lake Wateree yesterday. This morning is absolutly beautifull. Will be going around today to take fresh photos for the web site.
 
Wind & Weather  
 

September 28th, 2009
Real Estate is Looking up
Nar & The Fed has issued pointers saying it has bottomed out. The economy and Real Estae should be on the rebound. Now is the time to invest in property. Lake Wateree is a prime candidate for you to consider.
 
Real Estate is Looking up  
 

September 25th, 2009
Summer is Winding Down
The Sweet Gum trees are starting to change color. The lake is getting quiet the past few weeks. This is the time of year I enjoy.
 
Summer is Winding Down  
 

September 25th, 2009
Airshow in Camden SC
We had a good time at the Camden Airport 2 weeks ago. We had a Wings & Wheels show with Vintage cars & planes.
 
Airshow in Camden SC   Airshow in Camden SC   Airshow in Camden SC   Airshow in Camden SC  
 

February 18th, 2009
investment opportunities
interest rates are at an all time low, real estate prices seem to bottoming out. Now is the time to find that piece of real estate you have been looking for.
 
investment opportunities  
 

February 9th, 2009
Lake Level info
February 3, 2009

Since January 9, 2009, the Catawba-Wateree River basin has been in Low Inflow Protocol Stage 2, and the Drought Management Advisory Group (DMAG) recommendation remains the same, allowing outdoor watering two days a week. Duke Energy, consistent with this recommendation, will continue to allow outdoor irrigation with lake pumps on Tuesdays and Saturdays.

The forecast for next few months is drier than normal, but we will continue to monitor conditions for the basin.

Clearly drought conditions have improved some over the last few weeks and hopefully, with more rainfall, will continue to improve. The DMAG tracks several indicators - rainfall, lake levels, groundwater and streamflows. While all these indicators have not yet returned to "normal conditions," we have seen great improvement since we started getting rain last fall.

Please continue to conserve water and make it a daily habit regardless of drought condition.

The Catawba Wateree River basin continues in a Stage 2 drought condition. In light of the long range forecast for below average rainfall over the coming three months, Duke Energy will maintain Lake Wateree in the range of 95 to 96 ft. for the first half of February and 96 to 97 for the second half of the month. This will allow the lake to reach a target lake level of 97.0 for March 1st. Please remember that weather conditions can change. Duke Energy will continue to monitor conditions and adjust its plans for lake levels as appropriate.

*** Lake Wateree Residents*** Based in this information, if you are having repairs done to your pier or retaining wall, you will likely need to make sure to complete these activities in the next two weeks.
 
Lake Level info  
 

January 30th, 2009
Pier & Waterfront Permits
Remember if you are applying for a permit from Lakes Maagement you will have to have a current survey, and private facilities user agreement letter.
 
Pier & Waterfront Permits  
 

 

 

 
 
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