When the real estate markets experienced the turmoil of the financial crisis and its impact, there were a huge amount of homes for sale on the lake. Not exactly foreclosure homes everywhere, although there were some. Instead, it was just an over abundance of homes for sale with very few buyers. As a result, the market kind of stopped. During the traditionally popular lake home sales months of June and July, we went from seeing 40-50 sales per month on Lanier to seeing 6-10 sales. The market virtually stopped.
Today, as our market continues to strengthen, we still see only a few foreclosures for sale. Inventory is tight, yet lake buyers are coming back in force. And what do we see when we search for "foreclosure" homes in our MLS system? Today we found six! Six foreclosures for the hungry investors looking for the bargain deals of a lifetime on Lake Lanier! Here are the six homes! And as always, we are here to assist if you would like to schedule a time to visit any of the deals, and find out more information regarding homes for sale on Lake Lanier.
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Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.
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