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Name:	BhamGirl -	Reply
Subject:	Lost the bid on the new house
Date:	5/4/2006 11:55:22 AM

Well they went to high on the asking price. Oh well, not meant to be.

Name:	babygirl -	Reply
Subject:	Lost the bid on the new house
Date:	5/4/2006 11:57:54 AM

Sorry, to hear that news. Another one will come along that you may like better. Just give it time.

Name:	noagenda -	Reply
Subject:	Lost the bid on the new house
Date:	5/4/2006 2:51:26 PM

Good Luck. Be careful out there, some of these spec homes look pricey to me.

Name:	BhamGirl -	Reply
Subject:	Lost the bid on the new house
Date:	5/4/2006 3:06:45 PM

Yea, it isn't like we need a place because we already have one. So I'll still be on the water this summer!

Name:	roswellric -	Reply
Subject:	Looking
Date:	5/4/2006 3:14:20 PM

more like hysteria to me but it probably has a way to go yet.

Name:	Feb -	Reply
Subject:	Looking
Date:	5/4/2006 3:35:09 PM

I would disagree RR and say reality vs. hysteria. Most have no idea of the value of water front property.

Think of it this way; You have 44,000 + acres of front yard that does not need mowing. In reality, it is so cheap you can not fathom it. You are paying less than a penny per acre.

Wake up folks of the Forum; deeded property on Lake Martin is a true steal. You will never loose money. It is never going to be cheaper (and I do mean cheap) than it is now. The question is not whether it is worth it or not. The question is whether you can afford it or not.

Heck talk about several thousand dollar a foot lake frontage. I just bought several inches when I filled up with gas today in my truck. That is gone. The property will never go away.

I have personally been saying this along with others on the Forum for years now . I guess no one is listening or does not want to hear the truth. Folks, I have no property for sale, and I am not in that business. I am retired and tired. I am giving you my honest opinion. I posted this last year to someone that claimed property was going to drop.

I am extremely conservative in my estimates. Mark my words, you have not seen anything yet.

Just keep dreaming. Next year it will be out another 20%. Trust me.

Name:	FLee -	Reply
Subject:	Looking
Date:	5/4/2006 3:41:50 PM

Based on ytd growth, 20% would be very low.

Name:	Feb -	Reply
Subject:	Looking
Date:	5/4/2006 5:12:58 PM

Thanks FLee. I agree, but did not want to seem like a fanatic on the Forum. I was extremely conservative. On the other end, it could well be 30%. It would not surprise me. Someone mark these post and come back one year from now and tell us how stupid or more stupid we were.

Name:	lamont -	Reply
Subject:	I've said it once......
Date:	5/5/2006 8:06:53 AM

And I'll say it again, we had our place appraised about 6 months ago. It doubled in exactly 2 years. 20% is conservative.

Name:	Flash -	Reply
Subject:	I've said it once......
Date:	5/5/2006 11:23:24 AM

Ask around, the Reality folks have almost nothing to sell on the Lake. Sellers market all the way around. Go ahead and pay the high price now. It's not coming down. 50% increase is now a conservative figure. Lake Lanier north of Atlanta is a prime example. Perfectly good lakefront homes are being bought, torn down and replaced by way more expensive homes. BUY NOW! Hold for a few months and flip it!

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