Claiborne Reservoir Topics: Right... but....
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Name:   John C The author of this post is registered as a member - Email Member
Subject:   Right... but....
Date:   2/7/2013 10:15:08 PM

I agree we are a teeny tiny second home market, but "grossly overbuilt" is a bit much. Overbuilt, sure, but you have to keep that in perspective of other markets. It could have been a lot worse. Our foreclosure % of sales was about 7% since the bust, compared to 30% in ATL and similar percentages in other second home markets. Our home sales turned in 3Q08, when most other markets took 2 more years of beatings.

I also agree that the municipalities are playing small ball, but they are only as good as the people electing them. Look no further than the recent, horrifyingly embarrassing Dadeville Mayor / Clerk / Council spat.  Cringe worthy.  I can't figure out why all of the interests don't rally around some common group like the LM Economic Development Alliance that can stretch across the lines to get things done.  $20,000 spent on one good promo video goes a long way.
Other messages in this thread:View Entire Thread
Home Sales on Lake Martin - FLgirl - 2/5/2013 3:24:16 AM
     2012 was 2nd best on record - John C - 2/5/2013 9:50:07 AM
          2012 was 2nd best on record - FLgirl - 2/5/2013 1:14:15 PM
               2012 was 2nd best on record - roswellric - 2/6/2013 11:03:40 AM
                    2012 was 2nd best on record - FLgirl - 2/6/2013 11:27:50 AM
                         2012 was 2nd best on record - John C - 2/7/2013 5:28:47 PM
                              Right... but.... - roswellric - 2/7/2013 9:49:46 PM
                                   Right... but.... - realfast64 - 2/7/2013 9:55:06 PM
                                   Right... but.... - John C - 2/7/2013 10:15:08 PM
                                        Right... - roswellric - 2/7/2013 10:29:15 PM
                                             Permanent or weekenders? - Osms - 2/8/2013 9:17:57 AM
                                                  Permanent or weekenders? - roswellric - 2/8/2013 11:29:51 AM
                                                       market price - John C - 2/8/2013 1:08:42 PM
                                                            market price - roswellric - 2/8/2013 1:46:48 PM
                                                                 Aquapalooza! - Ulysses E. McGill - 2/8/2013 10:55:49 PM
                                                            John - Osms - 2/9/2013 12:30:38 AM
                                                                 Home Prices.... - roswellric - 2/9/2013 9:53:28 AM
                                                                 John - John C - 2/11/2013 3:52:26 PM
                                        Right... but.... - realfast64 - 2/9/2013 12:20:49 PM
                                             What do you expect.... - wix - 2/9/2013 5:17:36 PM
                                                  What do you expect.... - realfast64 - 2/10/2013 9:51:06 AM
                                                       What do you expect.... - wix - 2/10/2013 2:46:44 PM
                                                            What do you expect.... - realfast64 - 2/10/2013 5:49:40 PM
                                                                 I share your pain, - wix - 2/10/2013 9:51:28 PM
                                                                      I share your pain, - RCHRR - 2/11/2013 9:17:11 AM



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