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Name:   Jaws The author of this post is registered as a member - Email Member
Subject:   LM Sales
Date:   8/10/2006 9:00:45 PM

Historically, any time an investment (I.E real estate) has exceeded a normal expected rate of return you will get what is known as a Reversion to the Mean. Example, from what I've read here in the past most people expect Lake Martin real estate to appreciate at 10-12% a year. At 10% an investment will double in value in 7.2 years. At 12% it will double in about 6 years. When I hear about prices doubling in 3 years, that's 25% annually. This is clearly not sustainable. Here is some trivia, A person who invested in the stock market (S&P) in July of 1996 has earned 8.2% annually for the last ten years even though they have less money than they had in 2000. From 1996-1999 returns were above 20% a year and guess what? we've had a reversion to the mean. Same thing is very likely to happen in real estate. My guess is that best case prices appreciate slightly for the next 4-5 years. Worst case, they don't go up at all. For those who own at the lake be thankful you do. You can't put a pricetag on the fun. For those who want to buy, make sure it's for the right reasons like family time and fun. Those expecting the 20% returns of the last 4 years will likely be disappointed if that is their sole purpose in buying.
Other messages in this thread:View Entire Thread
Baldwin County Sales (Beach?) - Feb - 8/9/2006 2:07:08 PM
     Baldwin County Sales (Beach?) - Osms - 8/9/2006 2:09:38 PM
          Baldwin County Sales (Beach?) - Feb - 8/9/2006 2:30:05 PM
     Baldwin County Sales (Beach?) - TotheLake - 8/9/2006 3:46:42 PM
          Baldwin County Sales (Beach?) - ot - 8/9/2006 4:01:48 PM
               Baldwin County Sales (Beach?) - TotheLake - 8/9/2006 4:30:48 PM
                    Baldwin County Sales (Beach?) - ot - 8/9/2006 4:51:02 PM
                         Baldwin County Sales (Beach?) - TotheLake - 8/9/2006 4:59:48 PM
     Baldwin County Sales (Beach?) - head - 8/9/2006 4:24:06 PM
     LM Sales - roswellric - 8/10/2006 9:32:09 AM
          LM Sales - FLee - 8/10/2006 9:43:44 AM
               LM Sales - roswellric - 8/10/2006 9:47:18 AM
                    LM Sales - NCSue - 8/10/2006 9:50:07 AM
                         LM Sales - roswellric - 8/10/2006 10:15:04 AM
                    LM Sales - FLee - 8/10/2006 9:51:30 AM
                         LM Sales - roswellric - 8/10/2006 10:17:57 AM
                              Told ya' soooo1. - Osms - 8/10/2006 10:23:01 AM
                                   Yas - roswellric - 8/10/2006 12:28:11 PM
          LM Sales - Feb - 8/10/2006 10:27:50 AM
               LM Sales - TotheLake - 8/10/2006 11:12:39 AM
                    Also - roswellric - 8/10/2006 2:15:26 PM
                    LM Sales - AUCATZ - 8/11/2006 11:42:26 AM
                         LM Sales - TotheLake - 8/11/2006 12:31:29 PM
               LM Sales - boataholic - 8/10/2006 1:53:03 PM
                    LM Sales - roswellric - 8/10/2006 2:04:27 PM
                         LM Sales - boataholic - 8/10/2006 4:42:16 PM
                              LM Sales - FLee - 8/10/2006 5:04:46 PM
                              LM Sales - Feb - 8/10/2006 5:12:04 PM
                                   LM Sales - Jaws - 8/10/2006 9:00:45 PM
                                   LM Sales - Jaws - 8/10/2006 9:00:49 PM
                                        LM Sales - MotorMan - 8/11/2006 11:31:51 AM



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