absent, dead, extinct, few and far between, hallucinatory, hypothetical, illusory, imaginary, insubstantial, mythical, null and void.  Pick your synonym, either way it aint’ happening.
The water level on Lake Lanier has been back for a while, but the lake buyer has been elusive. Or is it that the Lake Seller hasn’t adjusted their expectations? With nearly [...]

Continue reading about Luxury Home Sales on Lake Lanier: What’s Another Word for Nonexistant?

Bob Strader on June 8th, 2010

There are five values for every property. The Seller’s, Buyers, Tax Accessor’s, The Realtor’s and the Appraiser’s. In theory they should all be close together.
I consider myself to be conservative when it comes to property values. When I do a market analysis for a client i make it clear what the top and bottom [...]

Continue reading about Appraisals are still a big fat joke

Bob Strader on May 31st, 2010

12
The number of bank owned properties on Lake Lanier with a dock. That is out of a total of 493 lake homes available. Clearly a sellers market if you are looking for foreclosures.
On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.

Continue reading about The Big Number: May

Bob Strader on March 31st, 2010

18
The total number of distressed homes available right now on Lake Lanier, with a boat dock. Out of 422 total listings, that is only 4.3%.
On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.

Continue reading about The BIG Number: March

Bob Strader on March 29th, 2010

Wow, check it it out! This new listing just hit the market on Lake Lanier. At nearly $800,000 it sits on an acre of land and has a covered single-slip dock. What? Not to your liking? Maybe it’s the exterior of the home? Or maybe you don’t like the kitchen. Of course, how would you [...]

Continue reading about New Lake Lanier Listing: Lost Cause or Lost Opportunity?

Bob Strader on February 5th, 2010

I have a few clients looking for foreclosures on Lake Lanier so I’ve pulled together some statistics you might find interesting - I did. I took a look at homes for sale on Lake Lanier, by County, and broke that data down by distressed and non-distressed sales. Take a look at the following charts:

Homes available [...]

Continue reading about Foreclosures on Lake Lanier

Bob Strader on January 31st, 2010

22%
The percentage of Lake Lanier homes sold in 2009 that were bank-owned or distressed.

Continue reading about The Big Number