Coffeeville Lake Topics: Resale values
(Coffeeville Lake Specific)
0 messages
Updated
Lakes Online Forum
83,605 messages
Updated 4/25/2024 9:33:24 PM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Coffeeville Lake Specific)
0 messages
Updated
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
ecstasypoint
- 
|
|
Subject:
|
Resale values
|
|
Date:
|
11/14/2007 9:31:07 AM
|
|
This is a good question and I hope folks will jump in and give their 2 cents worth. But obviously it would take a crystal ball to answer it with any accuracy. I've watched the market closely for years. What I'm noticing is that there are a number of lower end properties available, presumeably many without water right now. The high end stuff is holding steady, and I think that is all wishful hype. Real estate is a gamblers' market, and it strikes me that it is all about buyers' perceptions. We are getting a bad reputation here, and my guess is that we are not magically going to come out of that negative hype easily, no matter how wishful everyone is. I predict that your property will be worth today exactly what it was last year, and not a penny more. By next year, maybe less, maybe more. It all depends on what happens, and I, unlike lots of forum readers, have no idea what will happen to the lake level regardless of all protestations and proclamations made here. I do think people forget quickly, though, so if we can get some lake recreation going on this summer, we might see gains again.
|
|
Reply
Back
Search
Coffeeville Lake Topics Forum
»
Alabama Lakes
»
Coffeeville Lake
Login
|
Home
