Tag: Penn Yan

TOURISM BUSINESSES SUPPORT LOCAL CHILDREN’S PROGRAM

By: Zakary Klick

 

Penn Yan, NY – Employees of local hospitality businesses, Finger Lakes Premier Properties (FLPP) and the Best Western PLUS Vineyard Inn & Suites, helped raise money for Milly’s Pantry Backpack Program this past weekend at Star Shine, the winter holiday event in Penn Yan.

To demonstrate their commitment to community outreach programs, employees offered their time to promote Milly’s Backpack Program with a winter raffle for a free Pool & Pizza Party at the Best Western PLUS Vineyard Inn & Suites. Their table at Star Shine provided an ornament decorating station for kids, with Rice Krispy treats provided by FLPP employees.

In the process, not only were the two able to amplify Milly’s communal recognition, but they also raised $135 during the Star Shine event.

Milly’s Pantry Backpack Program is a partnership between Milly’s Pantry, Inc. and the Penn Yan Central School District. The Backpack Program provides a bag of non-perishable food to students every Friday afternoon to supplement weekend meals.

Located in Penn Yan in upstate New York, the Vineyard Inn & Suites is centrally located just a short drive from Geneva, Rochester, Syracuse, Ithaca, and Corning. A wide range of activities await you in the Finger Lakes, including winery tours and wine tasting, shopping, golfing, skiing, water sports, museums, historic attractions, theaters and quaint villages and towns.

Finger Lakes Premier Properties is the leading vacation rental and lakefront real estate company in the region. This is the second year a donation has been allocated specifically to Milly’s Pantry in recognition of those less fortunate during the holiday season, a tradition the company plans to uphold in 2018 and years to come.

To make a direct donation, or to find other ways to support Milly’s Pantry, visit their website at http://www.millyspantry.org/

For more information about Finger Lakes Premier Properties, visit their website at www.FLPPlake.com or call toll free 1-888-414-5253.

Lakefront Real Estate Sales Report: Quarter 2 Highlights

Finger Lakes Premier Properties is the region’s lakefront specialists for sales across the region. Our team of highly knowledgeable, experienced, and successful Buyer and Seller Specialists provide a complimentary analysis of lakefront market trends each quarter.

As we enter the second half of 2017, the real estate market stays strong. Annually, the Finger Lakes has generated over $30 million, with FLPP accounting for 23% of these total sales. Below is the Quarter 2 Lakefront Sales Report. If you have more questions, contact our sales team today by calling 888-599-4810.

Analysis of lakefront homes sold on seven of the Finger Lakes, statics aggregated from MLS.

As shown in the chart above, the number of sales decreased 26% as compared to last year, increasing buyer competition. Homes are in high demand on Seneca and Keuka Lake, with multiple offers coming in on homes in the mid-price range of $300,000 to $600,000.

The decrease in average sale price along most lakes indicates that this year’s buyers are looking at the affordability of lakefront homes. Buyers are aware of the current market and are quick to make an offer on homes priced fairly. This could be attributed to the ADM on Conesus and Honeoye Lakes dropping by at least 40% this year. On the other hand, homes priced at $600,000 and above, tend to sit a bit longer.

The increased advertising and media attention on vacation rentals, along with the addition of Uber and Lyft to the Finger Lakes, is creating more demand for both vacation experiences in these homes as well as ownership of these lakefront residences. Listing your home as early as mid-August will put you ahead of the game but still allow you to enjoy the lake through the end of this summer. With the market strong and interest rates low, this is prime time for buying and selling lakefront homes.

For more information about buying or selling lakefront property in the Finger Lakes, contact our Buyer Specialists, Justin Hausner, or our Sales Manager, Cynthia Emerling by calling 888-599-4810 or email Sales@FLPPlake.com.