Our December 2008 Lake Lanier Real Estate Market Report is complete and ready for your review. During December, the market continued to experience a slow pace in the number of lakefront homes with docks sold on Lake Lanier according to the statistics that we review in First Multiple Listing Service. The average sale price of the homes sold in December 2008 was down on a year over year basis when compared to December of 2007. All in all, 2008 has been a slow year for Lake Lanier real estate. However, we have been fortunate in that the average price of homes sold has not collapsed. While prices have come down slightly compared to 2007, there has not been a major deterioration as seen in some other housing markets. There continues to be an extraordinary abundance of homes for sale, and the days on market have increased. Hence, if you are presently considering a property purchase on Lake Lanier, the timing is very favorable. For all of the latest details and to see our full report, click on the link above!
www.LakeSidneyLanierHomes.com
