Year-to-date there have been 132 properties sold on Lake Lanier (with a boat dock) compared to 83 for the same period last year. I wanted to look at some differences between Lake Foreclosures vs. Non-Foreclosures to see what the impact has been on traditional equity sellers. The breakdown for these numbers are seen the in [...]
Continue reading about Lake Lanier Sales: Foreclosures vs. Non-Foreclosres
85%
The increase in the number of homes sold on Lake Lanier (with a boat dock) over the same period last year. Jan 1 thru Aug 31.
On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.
The market so far this year has not been nearly as dismal as 2009, with sales of homes in Forsyth County for the first half of 2010 being up over the same period in 2009 by 21.5%. It’s a good sign but the question on everyone’s mind is “what will the second half be like?”. [...]
Continue reading about A Breakdown of July Home Sales in Forsyth County
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?
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 [...]
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.
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.
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?
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 [...]
22%
The percentage of Lake Lanier homes sold in 2009 that were bank-owned or distressed.
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