John's Blog - Archives January, 2008

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Gov Bob Riley On Water Wars And Lake Martin - 01/29/08 11:00 PM

Alabama Governor Bob Riley has recently played a huge role in lobbying FERC on behalf of Lake Martin's water level. He is also Alabama's most visible representative in the ongoing "Water Wars" - the struggle of Georgia, Florida, and Alabama to determine the future water usage of each state, and how that … (0 comments)

Lake Martin Real Estate MLS Statistics - 2007 In Review - 01/16/08 11:20 PM

The Lake Martin real estate market suffered a major slowdown in 2007 for a variety of reasons. I dug through the sales results in the Lake Martin MLS to attempt to cut through the gossip and analyze the numbers.
In 2007, the number of Lake Martin waterfront homes sold was about 35% less than … (0 comments)

Lake Martin Real Estate Spotlight: Trillium - 01/12/08 09:42 PM

Trillium, one of Russell Lands' more mature Lake Martin developments, is located just west of Kowaliga Marina. Along with Willow Point and The Ridge, Trillium has some of the more high end homes on Lake Martin.
Trillium was one of Russell Lands' first neighborhoods that were completed in different phases. The first homes were … (0 comments)

Local Lending Would Have Helped Mortgage Mess - 01/06/08 10:26 PM

The Lake Martin real estate market has not really felt a direct effect of the mortgage meltdown yet. Sure, the subprime fiasco has caused conventional and jumbo rates to rise, but I consider that indirect. By direct effect I mean huge waves of foreclosures from high risk loans, and we haven't really … (0 comments)

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