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Golf Real Estate OnLine News
For Immediate Release
November 2007

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In this issue
-- The Reserve at Lake Keowee's Community Manager Receives '07 Charles Fraser Award
-- Choosing a Time to Sell a Home
-- November PGA Tour Events
-- Home of the Month
-- Fun Sites for the Avid Golfer
-- The Golf Real Estate OnLine Library

The Reserve at Lake Keowee's Community Manager Receives '07 Charles Fraser Award
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The Reserve at Lake Keowee Community Manager, Chuck Pigg, is the recipient of the 2007 Charles Fraser Award from the South Carolina Chapter of the American Society of Landscape Architects (SCASLA). This award recognizes the work of an individual who has contributed to the enhancement of the physical environment of South Carolina, and has demonstrated leadership in community development and advocacy of the landscape architecture profession. The award is named after Charles Fraser for his extraordinary vision and accomplishments in the field of development. Mr. Fraser was the inaugural recipient of the award in 2004.

Mr. Pigg, who also serves as a Greenwood Development Corporation Vice President, was presented the award at the SCASLA awards banquet at the Westin Poinsett in Greenville, SC on August 19.

In the narrative that nominated him for the Charles Fraser Award, the Hilton Head landscape architect firm of Wood+Partners cited Pigg's "good stewardship of the land, wise planning and artful design. This approach maintains the harmony of the natural environment, achieving a balance between the demands for development and necessity of environmental conservation while creating great places for people to live, work and play."

The Reserve at Lake Keowee, along with numerous other Greenwood Development projects, was lauded as an example of developments that pay careful attention to the stewardship of the land.


Choosing a Time to Sell a Home
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(MS) - Homeowners are fully aware of the fluctuating real estate market that's existed since the turn of the century. What's a good market one day might be bad the very next, making it even more difficult to choose a time to put a home up for sale.

Often adding to that difficulty is the handful of other variables, such as weather, geographical location, and just how many other people are selling at the same time as you. Those thinking of putting their home up should consider the following factors first.

· Local economy: If your local economy is struggling, then it's generally a bad time to put your home up for sale. High unemployment rates are one thing, but if a large company with rumored layoffs is in your immediate area, chances are people will be shying away from looking for a home. Large purchases such as home buying are understandably put on the back burner when people fear they might be losing their jobs.

On the other hand, if a large company is moving into your area and bringing with it an entirely new workforce, this is great for your local economy and and represents a good time to put your home up for sale, as those migrating to your area will need a place to live.

· Interest rates: This is a no-brainer, but low interest rates make housing more affordable, creating a great opportunity for sellers. Chances are, if you're selling a home, you're also looking to buy one, so low interest rates will not only help you sell your home, but help you better afford to buy your new one as well.

· Competition: Competition can work in two ways. If your home is one of very few in your area on the market, that's a good thing, as potential buyers will be more likely to compromise if there are fewer choices available to them. However, buyers like to comparison shop as well, and might be quick to make a decision if they can compare your house to another in a similar price range.

· Pending sales: The pending sales in your area can indicate whether a market is moving slowly or rapidly. Pending sale refers to homes that have been sold but not yet closed. To determine how quickly or slowly a market is moving, compare the number of pending sales to the number of new listings. If there are substantially more new listings than pending sales, the market's not moving fast, and it might not be the best time to sell your home. If the ratio is closer to 1:1, then the market's doing well. In general, there will always be more new listings than pending sales, but the closer the two numbers are to one another will indicate the condition of the market you're about to enter.

· Season: Traditionally, spring has been the time most sellers put their homes on the market, which makes it one of the more competitive times to sell your home. If you're experiencing a mild winter, you might want to consider putting your home on the market in mid- to late-winter. Interest rates will likely be lower around this time, and you'll face less competition as well. If it's a particularly harsh winter, however, this is not a good approach, as buyers won't be out patrolling neighborhoods in two or three feet of snow.


November PGA Tour Events
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Nov 1-3

Children's Miracle Network Classic presented by Wal-Mart: Magnolia GC,
Lake Buena Vista, Florida
Televised by The Golf Channel


Home of the Month
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Currahee Home Home For Sale

199 Edgewater Trail in Currahee Club- Toccoa, Georgia-built by Benchcraft Homes
Approximately 5800 sq. feet, this 4 bedroom, 4 bath home features exposed beams, a study or optional 5th bedroom, screened porch, 2 car garage, expansive rear deck, 2 downstairs bedroom suites, large covered porch, activity room, multiple storage areas and custom wet bar.

A must see, fully furnished for only $1,750,000. Contact Carol Rich at 404-814-1330.


Fun Sites for the Avid Golfer
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Eyespygolf.com. A directory of over 16,000 golf courses. Is your favorite course included?

Need a great golf gift? Go to: The Golf Warehouse-tgw.com
Great service, selection and prices. PLUS, you can shop from the comfort of your own home. www.tgw.com

AND be sure to check out...http://www.19thhole.com
Now you can amerce yourself in the game-rain or shine. Enjoy!

Also, be sure to visit The Library today!

We've started a list of our favorite golf titles. We've also given you the opportunity to purchase these books from Amazon.com

Check The Library regularly for new additions.