Lake Lanier Blog
Lake Lanier is Back in Swing!
March 8th, 2008 11:19 AM
is back in swing
...We are now at 16.64 feet below full pool, 3 feet up in the last few months, marinas are starting to get boats back in the water,
is working on building more reservoirs, we may be able to tap into the
River and .........
Lake pending and closed sales up significantly in
opposed to a low of only 4 in December to the 2nd highest of 11 in January. The most popular price range for these pending sales fell into the upper $500,000's with the next popular range, over 1 million. There were a handful of $700,000 sales and several in the $300,000 and $400,000 range, although many of these involved swim docks or low to no water at the docks.
Spring is just around the corner, the lake is rising and people are thinking Lake L
investments again. 5 words of advise:
I am convinced, as are many others, that lake values will rebound and when they do, they will rebound quickly. Once the permits are gone, the lake continues to rise and the market settles down, this lake will see increases like it did in the past of 15-20% annually and it could be more!
Jumbo loan limits have increased for 2008, so more people may qualify to purchase lake homes that could not in the past. Consult your local jumbo loan expert.
So get out there as the weather gets nicer and take a 2nd look at Lake Lanier property before you are priced out of the market for good!
Posted by Mary Thompson on March 8th, 2008 11:19 AM
Post a Comment
Subscribe to this blog
Leave a Comment
Characters from the image above:
Subscribe To My Blog
Characters from the image above:
Local economic conditions seem to differ depending on who you talk to and whether you are relying on media reports vs real life experiences. My wife and I did some traveling across northeast Georgia this weekend and we saw some very good crowds - spending money. I know this is an election year and the doom and gloom will be laid on thick - but our experience has been that our economic conditions here around the lake and throughout northeast Georgia are doing well. The financial markets will always move around...gas prices will always fluctuate...other than that - we're fine.
Posted by Dennis Lynn on March 9th, 2008 8:30 PM
The Anatomy of Comparable Sale Selection
OFFER PAD, OPEN DOOR ARE THEY WREAKING HAVOC ON THE MARKET
Why get a Pre-Listing or Post Listing Appraisal from Lanier Appraisal Service
Lanier Appraisal Service interviewed by WDUN Radio
PIW PROPERTY INSPECTION WAIVERS...GOOD NEWS????
Mary Thompson 5 Star Review Appraiser
INTRINSIC VALUE VS. MARKET VALUE. WHAT IS THE DIFFERENCE, WHY DOES IT MATTER?
Lanier Appraisal Service on WDUN Radio Talk Show
Lanier Appraisal Service voted best Real Estate Appraiser in Hall County, GA
SQUARE FOOTAGE IN APPRAISALS...NOT IMPORTANT?
How we appraise lake lanier properties in this drought.
LAKE LANIER TAX VALUES
The Perfect Real Estate Listing from an Appraiser's Perspective
How will appraised values catch up to current market trends?
10 Rules of Engagement with Appraisers that CAN impact values.
What Value do Appraisers Give for certain Home Amenities?
Realtors have more Control over Appraisals then they think!
Building Permits and How Lack of One Impacts Appraised Values
Why Buyers and Sellers NEED Realtors from an Appraisers Perspective.
How FMLS listings Can and Do IMPACT Appraised Value.
FHA Loans and What homes Qualify for FHA Financing. What Appraisers Look For.
Letter to Sellers regarding benefits of Pre-Listing Appraisals
Lanier Appraisal Service has started a Monthly Newsletter
Thank you Realtors for your Referrals! Keep them Coming!
VISIT MY OTHER BLOG ON THE INTERNET...ACTIVE RAIN
Are Appraisals Delaying Closings or are Lenders. Read On!
How do Building Permits or Lack thereof Affect Appraisals
Mary Thompson's Blog Page
UAD, Uniform Appraisal Dataset, Effective September 1st. How it affects you!
FDIC Sues LSI & CoreLogic LSI one of the largest AMC's out there!
Does Perceived Value Equal Market Value? You Decide!
Usual & Customary Fees for Appraisers are posted. Appraisers need to stand firm with AMC's
FANNIE MAE & FREDDIE MAC HEADING FOR DISSOLUTION? FHA LOANS WILL SEE DECLINE IN 2011 AND BEYOND
Lake Lanier Photo January 2011
Lake Lanier Sales Stats for First Half of 2010
HAPPY 60TH BIRTHDAY BUFORD DAM - MONDAY 3/1/10
Lake Lanier Boat Dock Permit Lottery has ended. No more dock permits available
Mary Thompson to be Interviewed By The WEATHER CHANNEL
Lake Lanier hits full summer pool Today, after over 4 years!
FHA to adopt HVCC as of January 1, 2010.
Lake Lanier Sales Statistics for 2009 First Half...We have hit bottom!
Mary Thompson Featured in Pink Ladders August Newsletter
LakeLanier.com well known business website helps Lakefront Radio come back in full swing!
Realtors YOU can take control over the New HVCC ruling in your sales contracts!
Why Appraisers use Foreclosures to value your property
Realtors if you are conducing-BPOs for lenders to value property you are breaking GA Law!
2008 Lake Lanier Sales Statistics second half of year.
Happy Valentines Day, the bailout may provide some hope for Lake Lanier
What would the White House Appraise for? Is it in a declining market?
Happy New Year
2008 year in review
New Venture Custom Slide Show Creations
1071 Coalition Meeting Tuesday 12/9/08
Mary Thompson selected as North Georgia Real Estate Examiner
1071 Coalition Formed to Fight Lake Lanier Drought Issues and Water Releases down south.
WGST and the AJC interviewed Mary Thompson regarding the Drought
The Weather Channel doing a Story on Lake Lanier
Lesli Smith Needs Your Help! Lake Lanier Realtor
Lake Lanier Real Estate News
Ever Heard of Active Rain Website? Yours Truly is listed in the top 15 of Appraisers Nationwide!
Will the courts decide that Drinking Water was not a planned Use for Lake Lanier?
Lake Lanier Sales Stats for First Half of 2008
Mary Thompson Number 1 in Hall County on Active Rain Network
Tim Russert Dies at age 58 of Heart Attack
Mary Thompson in top 25 on Active Rain Website
How to Say Thank you to our Troops
Lake Lanier Water Release News
Lake Lanier Sailing Club Commodore, Jim Chinik interviewed by Lakefront Radio
LakeFront Radio interviews Lake Lanier Sailing Club
Lake Front Radio Interviews Aqualand Marina General Manager
New HVCC regulations will have impact on Appraisers
Lakefront Radio Interviews the DNR
Interview with the Army Corps of Engineers
Lake Lanier Pending and Closed Sales First Quarter 2008
Lakefront Radio New Venture
Lake Lanier is Rising
Lake Lanier is Back in Swing!
Freddie Mac and Fannie Mae Agree crack down on lender pressure and mortgage fraud!
Lake Lanier Activity Picking up in 2008!
Lake Lanier Still has boat dock permits left!
Recession and Lake Levels On Lanier
There are Boat Docks Left
July 2016 (1)
April 2016 (1)
November 2015 (1)
April 2015 (1)
March 2015 (2)
October 2014 (1)
April 2014 (2)
March 2014 (3)
August 2013 (1)
November 2012 (1)
June 2012 (1)
May 2012 (1)
August 2011 (1)
June 2011 (2)
February 2011 (2)
January 2011 (1)
July 2010 (1)
February 2010 (1)
October 2009 (3)
September 2009 (2)
August 2009 (2)
March 2009 (3)
February 2009 (3)
January 2009 (1)
December 2008 (3)
November 2008 (1)
October 2008 (5)
August 2008 (2)
July 2008 (1)
June 2008 (5)
May 2008 (5)
April 2008 (3)
March 2008 (3)
February 2008 (2)
January 2008 (2)
December 2007 (2)
Appraisal Valuation (3)
Appraised Values (2)
Pre Listing & Post Listing Appraisals (1)
Real Estate Appraisal Information. (2)
Real Estate Appraiser Reviews (1)
Real Estate Listings (1)
My Favorite Blogs:
Sites That Link to This Blog: