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About Hall County, GA

Lake Levels rising

Charlie  Ragonesi 706- 579-1098: Real Estate Brokerage in Big Canoe, GA

All across North Georgia important Corp of engineer lake levels are rising. Lake Lanier , thanks to Faye rose 2 feet. Other lakes are doing the same.

This is important for the savvy real estate buyer for a couple of reasons. Property on Corp lakes is depressed due in part to low water levels. Every body finally I think , "gets it". Conservation and planning are very important. So I believe once these lakes return to full measures will be in place to conserve the water.

Now is the time to buy if you are looking for property on Corp lakes. Buy while the lakes are dry.

If you are selling you have to be heartened by recent rain events. You will have to hold on a little longer for top dollar. As the levels rise so do the prices.In the end it is that tension between buyers and sellers that make the market prices.

If you are looking for lake property we at All Mountain rRealty have a team of experts that understand Corp lakes, and other lake issues. Contact us at 706 579 1098 or visit us on line at www.allmtnrealty.com

Lake Lanier Market Report first Quarter 2008

05-22-08
Tamara Stout
Tamara Stout: Real Estate Agent in Cumming, GA

It seems that the "perfect storm" hit Lake Lanier last year. First, were the effects of a two year drought which not only left little recreational water but almost left the city of Atlanta without drinking water (oh, those endangered mussels in Apalachicola are special creatures). Then to make matters worse, the mortgage "crisis" and credit crunch hit. The good news is that lake levels are rising (although still a far cry from full pool), drought conditions are not predicted for the summer, and prices for lake front homes for the first quarter of 2008 were, on average, about 2.5% higher than the first quarter of 2007 (based on FMLS data)! The average list price for the first quarter of this year was approximately $691,000. There are currently 17 properties pending and the average list price of those properties is about $711,000...more good news! Having said all of this, supply is still outpacing demand. Almost 50% fewer homes sold in the first quarter of 2008 compared with the first quarter of 2007, and there are currently about 49 months of inventory for lake front single family residential homes.

The reality is that while inventories are high, lake front properties will hold their value over time. Again, it's the issue of supply and demand since there is a limit to lake front property. Now is a great time to consider buying that lake home you've always wanted.

Lake Lanier First Quarter Market Report 2008

05-22-08
Tamara Stout
Tamara Stout: Real Estate Agent in Cumming, GA

It seems that the "perfect storm" hit Lake Lanier last year. First, were the effects of a two year drought which not only left little recreational water but almost left the city of Atlanta without drinking water (oh, those endangered mussels in Apalachicola are special creatures). Then to make matters worse, the mortgage "crisis" and credit crunch hit. The good news is that lake levels are rising (although still a far cry from full pool), drought conditions are not predicted for the summer, and prices for lake front homes for the first quarter of 2008 were, on average, about 2.5% higher than the first quarter of 2007 (based on FMLS data)! The average list price for the first quarter of this year was approximately $691,000. There are currently 17 properties pending and the average list price of those properties is about $711,000...more good news! Having said all of this, supply is still outpacing demand. Almost 50% fewer homes sold in the first quarter of 2008 compared with the first quarter of 2007, and there are currently about 49 months of inventory for lake front single family residential homes.

The reality is that while inventories are high, lake front properties will hold their value over time. Again, it's the issue of supply and demand since there is a limit to lake front property. Now is a great time to consider buying that lake home you've always wanted.

Hall County; Georgia

Amanda Johnson: Property Manager in Gainesville, GA

My business lately in Hall, Georgia has grown significantly. I find many of my customers looking to relocate here. This county offers a wide range of areas that attract people looking for a small town feel to people who want farming land to even people looking for a the small town life. Doing business here is truly a pleasure. I also love the hospitaliy of the people here.

Hall County; Georgia

Amanda Johnson: Property Manager in Gainesville, GA

I'be been on this web-site for about a week now and and have found it to be extremely helpful. I do most of my work in Hall County, Georgia. Being new in this area, many of the participants on the site are very helpful and friendly. I hope to continue networking on this site and expanding my horizons.