Tres de Mayo Fiesta — Isle of Hope Marina — Saturday May 3, 2014

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Tres de Mayo Fiesta
Isle of Hope Marina
Saturday May 3, 2014
Adults: $15
Kids under 12: $5
Taco & Fajita Bar
Margaritas by donation
Kid – friendly games
50/50 Raffle
Costume Contest
Music & family fun!!
Mexican Side dishes GREATLY appreciated.
RSVP (912) 349-1079


Also, to make sure you are on the new distribution list.

Please send President Elizabeth Dewitt an e-mail at , say “Hi” and give her your name and e-mail address.

If you have any additional question Call or Email Ed Yannett 912-844-9000


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The Savannah Summary – Real Estate Market Overview – Q1 2014 (January 1 to March 31)

At least once a quarter, I’ll use my blog to give you a quick summary of the Savannah Area real estate market. If you’d like to see the full report, sign up below. Enjoy the first edition. – Ed

Savannah Real Estate Summary

Sales Up
In the first quarter of 2014, more houses sold in the Savannah area (6.8%) than in the first quarter of 2013. Each of the first three months had an increase in monthly sales. This shows the market is consistently improving and hopefully the increases will continue throughout the rest of 2014.

Prices Up
First quarter prices also increased 4.4% compared to 2013, which is an improvement of $4,400 for every $100,000 of home value. The sales to listing (S/L) percent also improved to nearly 94%. This means, on average, a house sells for 93.8% of its list price. If you’re selling a $250,000 house, you should end up getting at least $235,000.

Days on Market
On average, houses stayed on the market around 112 days, a 6.7% increase from the first 3 months of 2013. This means sellers had to wait an extra week to make a deal. This is not a huge issue, but a trend to keep and eye on.

Distressed Sales
Distressed sales were lower than last year, but higher than normal at 21.8%. This indicates foreclosures and banked-owned properties are clearing out of the market, but will still exert some downward pressure on selling prices, particularly at the under $100,000 range. Nearly 57.8% of houses selling in that range were distressed. Sellers should take heart that the supply of underpriced houses is clearing out of the market, which is good for overall pricing. Investors should take note that the window for finding bargain properties is tightening and the time to find deals is now.

Buyer or Seller Market?
Supply for non-distressed housing is still leaning toward the buyer at 8.3 months of supply, but distressed property supply is below the 6 month level, indicating a seller’s market. Houses selling for $100k to $199k (7.3 months) and $200k to $299k (8.9 months) are pulling toward the balanced range (6 to 7 months) and may reach the seller range (less than 6 months) soon.

The Bottom Line
Market trends should encourage sellers, as the market is gradually moving in their favor and the necessity to lower prices is lessening, while buyers should realize the days of bargain shopping may be coming to an end. Also, investors need to act now to tie up any available distressed properties as supplies dwindle quickly.

Real estate trends can change quickly, so sign up to receive market alerts and I’ll keep you updated on any significant shifts in the Savannah Area real estate market. Also, put report in comment field and I’ll send you the full real estate report.


Posted in Beautiful Savannah Neighborhoods, Community, Dutch Island, Isle of Hope, Savannah,Ga | Leave a comment

Rockstar Tree Service: Evergreen Tree & Turf Care, Inc.


Evergreen Tree & Turf Care, Inc. is a family run business that has been serving the Savannah area since 1991

Evergreen is licensed and insured

(912) 598-1805 
Joseph is awesome! Funny thing is he did not even do any tree work for me. He was cutting down a BIG tree for someone on Isle of Hope and helped me out by giving me logs to split. I am trying to teach my sons how to use an ax and split wood. This made a great impression on me and I will use him for any of my tree service needs in the future. I will also refer him to any of my clients, friends, church members or family in need of tree services.
Joseph 912-346-9037
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Spring Bake & Plant Sale


The Wymberley Garden Club will be hosting its Spring Bake and Plant sale on

Saturday 19th beginning at 9AM, at the entrance to Wymberley.

Please mark your calendar!

Liz Thompson will take pre-orders for double rum cake, which will be $20.

Cakes are limited to the first 12 to respond to Liz at

These cakes freeze well!

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Armstrong’s Q4 Economic Monitor Forecasts Significant Improvements in Regional Economy

Press release from the issuing company  Savannah CEO

Tuesday, April 1st, 2014
Armstrong Atlantic State University’s latest Coastal Empire Economic Monitor reports the Savannah-area economy expanded rapidly during the fourth quarter of 2013 and should continue to experience significant growth throughout 2014.

The fourth quarter Economic Monitor, which analyzes data and identifies trends affecting the regional economy, reports activity accelerating to nearly five percent on an annualized basis. Significant gains in electricity sales, tourism and port activity contributed to the quickening pace of economic expansion.

In addition, the Coastal Empire leading economic index increased for the eighth consecutive quarter, with regional housing and labor markets experiencing considerable improvement. The Coastal Empire leading economic index surged, marking the second consecutive quarter in which annualized growth was 10 percent or higher. The surge in the leading index foreshadows continued economic expansion through much of 2014.

“The forecasting index skyrocketed in the fourth quarter of 2013, so we expect to see continued and strengthening growth,” said Michael Toma, Fuller E. Callaway Professor of Economics and the Director of Armstrong’s Center for Regional Analysis. “There were increases in six of seven coincident regional economic indicators, which indicate the area’s economic engine is currently performing rather well. Furthermore, the surge in the forecasting index points toward continued improvement in Savannah’s economy in the short run.”

Highlights from the latest Economic Monitor include:
*The Coastal Empire coincident economic index increased to 161.8, marking an annualized 4.7 percent increase, which is the fastest growth in nearly two years.
*In a stunning notable development, employment in the metro area temporarily pushed above its pre-recession peak of 2007.
*Employment hit an all-time high of 163,200 in October of 2013, with large quarterly gains in the hospitality industry and business services. Private sector employment growth has far outpaced growth in government sector jobs

*The Coastal Empire leading economic index increased by 4.2 percent, rising from 130.1 (revised) in the previous quarter to 135.5.
*Hotel room sales and numbers of tourists on trolleys and tour buses are up 6 percent compared to one year ago.
*In the labor market, the fourth quarter of 2013 marked the second consecutive quarter the average number of unemployment insurance claims dropped below 1,000 claims per month, a benchmark not achieved since early 2008.
*Unemployment decreased to 7.1 percent (seasonally adjusted), which is one full percentage point lower than one year ago
The Coastal Empire Economic Monitor presents quarterly economic trends and short-term economic forecasts for Savannah’s Metropolitan Statistical Area (MSA). The quarterly report measures the heartbeat of the local economy, based on the analysis of economic data from the U.S. Census Bureau, the U.S. Department of Labor’s Bureau of Labor Statistics, the City of Savannah, Georgia Power and the three counties in the MSA—Chatham, Bryan and Effingham.
The report presents a short-term forecast of the region’s economic activity in the next six to nine months and is available free by electronic mail. To subscribe, email

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47 Days Til Pool Season!! Isle Of Hope

Your help is needed!!
Any help you can lend with fundraising, banner sales, landscaping, painting, general maintenance, and clean up will be MUCH appreciated.  E-mail Elizabeth Dewitt, 
Pool telephone 352-2198
Upcoming Events:
Cinco de Mayo Party, IOH Marina May 3, 2014
WIN your 2014 membership, raffle tickets available!
Pool Rally and Pot Luck May 16, 2014
Be a Shark:  IOH Shark Swim Team 
2014 Pool Schedule and Operating Hours
Pool schedule subject to change based on, but not limited to, school schedules, pool budget and the availability of life guards.

Spring Swim (full membership required)
Saturday, May 18, 2014 and Sunday, May 19, 2014
*Times TBA

Memorial Day Weekend-Grand Opening Weekend! Friday, May 24, 2014 5:00-9:00pm
Saturday, May 25, 2014 10:00-9:00pm
Sunday, May 26, 2014 1:00-8:00pm
Monday, May 27, 2014 10:00-8:00pm
Complimentary Hot Dogs at noon!

Regular Summer Hours
Memorial Day Monday, May 27, 2014- Sunday August 31, 2014
Monday-Saturday 10:00am-9:00pm
Sunday 1:00pm-8:00pm

Labor Day Bike Parade and Cookout
Monday, September 1, 2014
Bike Parade 10:00
Pool Hours 11:00am-8:00pm
Complimentary Hot Dogs at noon!

Water Aerobics
June, July, August
Tuesday, Thursday 9:15 – 10:00
Swim Lessons
Free For Members!
Session 1: June 16-19 10:00 – 11:00 Session 2: July 7-10 10:00 – 11:00

Adult Morning Swim Days and times TBA

If you would like a copy of the Membership Application & Payment Form please email Ed Yannett
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Eggstravaganza!!! Saturday April 12th 11AM


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