Lake Hartwell Topics: 2012 was 2nd best on record

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	Name:	John C -
	Subject:	2012 was 2nd best on record
	Date:	2/7/2013 5:28:47 PM

judicial process may be a small factor at Lake Martin, but I doubt it. I think overall market value is a much larger factor. The facts show that home prices did not drop as much in terms of % as in other markets. The supply / demand relationship, with most undeveloped land held by 2 companies, helped that. Foreclosures' biggest driver is crash in market prices. When your market price doesn't crash as much, you won't have as many foreclosures.