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Lake Martin has been a victim of the 2007 drought that has affected Alabama and much of the southeast. The lake level is down to 480 already, which is the normal winter level. Apparently in 1941 it was worse. 50 feet down is about as bad as it gets. I think back then they used to bring the level down in the winter by 30 feet anyway, so maybe the 1941 drought's true effect was 20 or so feet. Since this picture was taken in November, I am sure there is some effect of the winter level. Still, 50 feet down is pretty bad. (0 comments)
Proof Of End Of Sellers’ Market On Lake Martin - 07/23/07 12:43 PM
What is the real estate market like on Lake Martin right now? I own waterfront property, should I sell? I want to buy Lake Martin waterfront property, but is it still a crazy market? These are questions I hear constantly. Both potential buyers and sellers of Lake Martin real estate want to know if changing conditions will benefit them. To be sure, the water is way down, and so are the numbers of real estate transactions. I will cover cause and effect in a later post. But for now, let's just focus on one question: Is Lake Martin still a sellers' market? If you (1 comments)
Gov Riley Declares War On Lake Martin Water Level - 07/20/07 04:02 PM
Governor Bob Riley has declared war with the Army Corps of Engineers over the Lake Martin Water level. Apparently he is sick of seeing this drought affect Lake Martin's water level drastically, while reservoirs that are upstream (read: in Georgia) haven't felt the hurt like we have. The Army Corps of Engineers regulate the flow on most if not all of these dams. Riley contends that they need to release more water in Georgia to help Alabama. Click here for the rest...... (0 comments)
How To Get One-Up On Lake Martin Wannabes - 07/13/07 08:56 AM
Have you had Lake Martin waterfront property all of your life, but you're tired of the Johnny-come-latelys who can't find Chimney Rock without a GPS? Or maybe you're new to Lake Martin, and have heard enough hot air from old timers that think they should have shut the gates of the lake back in 1958? Here's a way to way to shut both of them up. CLICK HERE TO FIND OUT HOW... (0 comments)
More Info - Harbor Pointe Condo Auction - Lake Martin - 07/11/07 10:41 AM
Due to many of you asking, here is more information on the auction for the 20 waterfront condos at Harbor Pointe, Stillwaters Development, Lake Martin, Alabama. The sellers of the Harbor Pointe condos will do the absolute auctions first. The high bidder on the first one will get a free boat slip. The high bidder will then select which and how many condos that he/she wants at that price. So if the high bidder selects only one, then they do another absolute auction for the remaining 4, and so on, until there are no more. Then the sellers will get together to decide (0 comments)
Results Of Waterfront Condo Auction - Harbor Pointe - Lake Martin - 07/11/07 10:21 AM
Lake Martin waterfront condo buyers flock to the condo auction at Harbor Pointe in Stillwaters. Roebuck Auctions held an auction at Harbor Pointe Marina in Stillwaters last Saturday, July 7, 2007. The bidding started at 11:07 AM, selling 20 units in the Harbor Pointe Condo development. Chris Boden, representative of Roebuck Auctions, stated he thought the auction went very well. He estimated that there were about 500 people in attendance and about half were registered bidders. Boden confirmed that all 20 condos were sold and are under contract to close in thirty days. Boden went on to say that the boat slips were not (0 comments)
You Are A Lake Martin HOBO - 07/09/07 10:52 PM
Whether you know it or not, you are a Lake Martin HOBO! Some local Lake Martin area folks have organized the Lake Martin Home Owner and Boat Owner Association - and called it the Lake Martin HOBOs. You don't really have to be a waterfront home owner or a license toting boat owner to be a member. So even if you are merely a fan of Lake Martin, you can join today! Coley Real Estate and the Lake Martin Voice are proud sponsors of the Lake Martin HOBOs. Why a Lake Martin HOBO? Click here to read why...... (0 comments)
Lake Martin Voice Post On Auction Linked By Wall St Journal - 07/03/07 04:13 PM
Lake Martin Voice - your blog for Lake Martin real estate and area information - was honored recently by the Wall Street Journal online. On June 30, 2007, the print edition of the WSJ published an article on page B1 entitled "Home Going Once, Going..." about real estate auctions. On the online version, at the end of the article, my post "6 Questions To Ask At An Auction On Lake Martin" was linked under the heading "Blog Posts On This Topic." It was one of only two such blog posts mentioned. Click here for the rest...... (0 comments)
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