Lake Lanier Waters Still Rising

We are up 6.0 feet since December and according to many Lake Lanier Realtors, the calls and interest in Lake Lanier is up more than ever.

Now for those of you who think you can get a Lake Lanier home for 1/2 its worth due to the drought, please think again! Yes it is a buyers market, but we are still dealing with Lakefront property! Values have corrected and been somewhat flat this year, but they are NOT declining.

This is what is important if you are thinking of buying Lake Lanier property .... 2008 is the best year to make that lake home buying decision...WHY? Because the dock permits will end this year most likely, the water WILL rise (check out my previous post about the history of Lake Lanier waters) and the market will correct. Once these 3 things happen, the homes on Lake Lanier will see increases as good or better than we have seen before and my opinion is that all of these factors may happen in close proximity to each other and you will see an increase in lake home values occur suddenly and quickly.

So DO NOT lose out on perhaps your last chance to purchase a Lake Lanier home while it is still fairly affordable.

Come on back, later this week I will provide March statistics on pending and closed sales for March and the 1st quarter of 2008.

Have fun and above all, be safe on the Lake!