Now is great time to invest in Lake Sinclair
In doing a little research on the MLS I have discovered that prices are actually down on Lake Sinclair. This may not be the news that homeowners want to hear, but it's great news for people wanting to buy. From the average of 2007 to the average of 2008 in Putnam and Baldwin Counties prices are down by 4.4%.
So the good news for home owners is that your value is down much less than the national average, which was down 18% last May according to S&P http://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_072943.pdf
Prices have continued to decline since then in some areas.
For buyers the news is a win win. Prices on Lake Sinclair are down, so you can get more house for your money than you could this time last year, plus values have held on Lake Sinclair in this spiraling economy much better than some parts of the country.
There are some great bargains to be had right now. Interest rates continue to be low and we have a list of lenders to recommend that are telling us they have money to loan.
There are also some very good buys out there for off water properties as well, so of which have deeded lake access, others are just a few miles from free public access.
Call Lane Realty today to set up an appointment to see some of the great bargains we have available right now. 706-485-9668