Name:	lucky67 -	Reply
Subject:	real estate
Date:	7/25/2025 10:54:33 AM

we retired to lake 2007; there are about 25 waterfront homes in my immediate area, all good water; in 18 years I've never seen more than 1 home for sale at any one time in my area, (and that was rare as our area is safe, desirable, middle of lake), and usually under contract same day;  Elmore County usually mails property tax Valuation and estimated property tax notices in September, however this year , for some unknown reason, they were mailed in early June; within 1 week , 4 houses were listed, IMO due to the huge increases in Valuations, thus owners hoping to list at the higher valuations ; personally, my valuation increased $500,000; as of today, NONE of the 4 are under contract; IMO, 4 yrs of Biden admin changes to lending rules for conventional loans-- higher downpayments, and adjustments to interest rates for second home purchases have impacted sales and purchasers have taken notice

Name:	Carlson -	Reply
Subject:	Amen!
Date:	7/26/2025 10:59:03 AM

We bought in 1985 and count ourselves lucky and very fortunate from that Jim Walter shack to our now retirement house.  Never thought the appreciation in value could be so costly in the property taxes, insurance, and upkeep as to straining our fixed income.  From that initial $43k cabin to our now 1.5 million house.  But good planning saved thee day!  It's unbelievable!