Life as a Lake Martin area realtor means I hear (and try to answer) lots of questions. One I get regularly is:
"I saw on CNN where home prices in (fill in here with name of huge city 3,000 miles away) are down 75%. All the sellers are being foreclosed on their sub prime mortgages. It's spreading across the nation like locusts. When will Lake Martin be on sale like that?"
My answer - probably never.
It's because All Real Estate Is Local. Including (and especially) Lake Martin.