Lake Lanier Real Estate
Three Sisters,
Lake Lanier, GA
Sep 19, 2007
Lake Lanier Real Estate
Under $500k
Over $1M
$500k to $1M
Home sales rise!!!
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We have all heard the doom and gloom about the housing market! Lake Lanier has always been somewhat immune due to the fact that when you buy a lake lot or lake home on Lake Lanier, it is a finite property. We have seen prices come down but not to the extreme as you are seeing in other parts of Atlanta. Sales on the lake are strong and with the water up...what can I say except we are having a blast everyday! Come join us! We had too much fun with our neighbors last weekend! ...
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Lake Lanier Home Prices Fall with Water Level
The Atlanta Journal-Constitution
As the water level falls at Lake Lanier, so are home prices. The lake is about 17 feet below full, leaving many docks with little or no water. Not a pretty picture, especially in the midst of a housing slump.
“They’re just not selling if they have low water,” appraiser Mary Thompson said Tuesday. “People are kind of waiting and watching.”
A house that two years ago would have been priced at $1.2 million might be 25 percent to 30 percent less today, in large part because of the drought, Realtor Teresa Smith said. The drought accounts for much of the markdown because “people have the impression there’s no water in Lake Lanier,” she said.
Meager sales mean an elevated number of lakeside homes — about 400 — are on the market. ...
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Summertime Fun On Lake Lanier
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School is out and summer certainly FEELS like it is here! We are out enjoying Lake Lanier most everyday. As we were out boating last weekend and listening to the Belmont while floating on a raft in a private cove, I could not help but think how lucky I am to live on this beautiful lake! We live in a community that has a community dock and though many people want their own private docks, the changing water levels of Lake Lanier has brought about a new found appreciation for community docks. The HOA takes care of the dock and moving it in and out as well as the maintenance. ...
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