Showing posts with label lake lanier drought. Show all posts
Showing posts with label lake lanier drought. Show all posts

Thursday, July 10, 2008

Lake Lanier Sales Activity First Half of 2008

So sorry for the delay in bringing you this information, it has been a crazy month. Our daughter Julie is getting married next week and we have been busy getting ready for the big day as well as our other work obligations. At least we are staying somewhat busy.

I will have those numbers for you by the weekend, so hang tight, come on back and see where we are in the Lake Lanier Market.

Take care, have a great week!

Wednesday, June 4, 2008

Lake Lanier Water News`

Great news yesterday, the Corps has agreed to release less water from Lake Lanier. The mussels down south can do with less water to survive and GOD knows we need it more than the mussels!

So now we need to PRAY for more rain....90's all this week, will mean alot of evaporation from the lake, so we need the rain and soon.

In the next week I will be putting together some numbers for the 1st 5 months of sales and pending sales on LakeLanier, so stay tuned.

www.marytappraisals.com
www.lakelanierappraiser.blogspot.com

We are seeing more activity just in the last few weeks with appraisals for those looking at lake homes and those wanting to put their homes up for sale.

Monday, April 7, 2008

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!