Wednesday, October 29, 2008

Lake Lanier 1071 coalition being formed to Fight the Lake Lanier Water Battle

1071 Coalition Formed to Fight Lake Lanier Drought Issues and Water Releases down south.
October 29th, 2008 10:51 AM

Check out the news release about the new coalition to fight back and save Lake Lanier from further low water issues, water flow down south, etc.

http://www.1071coalition.org/press_2008-10-28.html

As we all know Lake Lanier is a HUGE financial engine and we need to fight to save Lake Lanier from continued drought impact.

The media has been part of the problem as I have talked to many people who think there is little to no water left in Lake Lanier....Far from the truth. However, that being said, we need to be proactive and this group has formed for this very reason. They want to take action now to make things happen instead of waiting for others to do something about this issue. The 3 State water wars has been going on for almost 20 years, it is about time!

This is FANTASTIC news. Finally we are getting together to fight hard for this lake with some pretty heavy hitters on the Board of Directors.

Some of you may have read that Obama sides with Florida and Alabama on the water release issue. This is a real problem as he clearly has no clue about Lake Lanier, if this story is indeed true.

Check out this link to the 1071 coalition site, become a member and while you are at it, I have requested to be on the Board of Directors. Somehow they do NOT have a Lake Lanier Appraiser on their Board. One of their initiatives is to show the impact of the Lake Lanier Drought on property values and economy, so who better to give them this information....right?

I have already requested to be added to the Board of Directors but feel free to contact them to ask them to add me to the Board. I am a strong advocate for Lake Lanier and anyone who has followed my blogs and business, knows this to be true.

Thanks for stopping by and spread the good word around and also send this link to everyone you know today!

Thursday, October 2, 2008

Lake Lanier Sales

We have 80 lake homes that are sold or pending since 1/1/08. Wide range of prices from a low of $215,000 to over 2 million (all with boat docks in place).

Of these 80, there are 47 that have closed or have pended since May, 2008. It is not earth shattering, but lake sales are happening and they are happening NOW. During this same period last year, there were 98 homes that sold, just about 2 times more homes last year than this year.
There are 404 Lake Lanier home listings with individual boat docks, from a low of $214,000 to a high of $7,500,000.

Remember when there were NO homes to be found in the $200,000 range and very few in the $300,000 range. Well there are plenty now. The water may be low, but the prices will not be this low forever.

The average listing price of all the listings is over $800,000 so that has not changed much since my last post on the Lake Lanier Stats.

We have loads of inventory for buyers to decide upon. So get out there now to get the best possible deal you are likely to get on this Lake. Prices MAY go lower, but do not count on that. You must decide what is most important for you....Location, water depth, style of house, etc. Then narrow your search to include those things that are most important to you.....

Once you decide on your dream home....then let us appraise it for you BEFORE you sign on the dotted line to see if your investment is a good one. Then you are good to go....

I know there is so much indecision in the market, in the industry as a whole, in the economy with the bail out underway, elections just around the corner, stock market volatility, but if you find what you are looking for, don't take that chance of losing it forever. Sometimes in life you just have to go for the gusto!

Have a great week everyone and remember to stop and smell the "roses" along the way! Enjoy yourself and be safe on the Lake!