I have been dreadfully behind on my market reports. I was so far behind in fact that I got an email this week asking "are you still doing market reports?" So I got busy and hope to catch up by the end of the week, if not next week for sure.Starting with the good news first for 2015 volume was up tremendously. While at the height of the selling "season" last summer we dipped below a year's inventory it was back up to 19 months of inventory at the end of the year.  The best news for 2015 as whole was that 145% of 2014's total homes sold on Lake Sinclair.  The number sold was up from 170 in 2014 to 247* in 2015. December year over year was way down. Perhaps the rainy weather kept people out of the market and maybe it's even the election.  In my experience presidential election cycles are s... 03/09/2016

I am happy to report that I have a new listing that will be available to be seen very soon.  I hope to get photos soon (please let the sun come out tomorrow) and get it into the MLS.  Meanwhile I did snap one photo of view from my cell phone the day the owners showed me around their home. Check back often and I'll have the full listing details. It will require an appointment. 01/28/2016

It feels like our summer season lasted a bit longer than usual this year. We had a wonderful month of closings right through October. With that said I'll get to the best news first.   We had 32 residential closings on Lake Sinclair in October.  Sales prices ranged from $75,000 to $545,000 with an average of $117/ sq. ft.  At the current rate of absorption we only have an 8 month supply. We have not been that close to a stable market in 6 years. Hopefully it will continue to move in that direction.   In the price department we're moving in the right direction.  It's a very slow pace, but at least prices are going up.  Of course if you are a buyer what this means is that you will want to buy soon, before prices and/or interest rates move too much. The average sales price for a Lake Sincla... 11/17/2015

Lake Sinclair, Georgia's best kept secret, with the exception of planned draw downs (one of which is scheduled for this October) by Georgia Power that occur every few years for shoreline maintenance and dam re-certificiation stays at or near full pool.  Many of Georgia's lakes are more than 10 feet below level.  That means many of Georgia's lakes have docks that are out of the water.Of course you don't have to just take my word for it, there is an offical site that posts the levels daily.  The National weather service service maintains this information on their site and it is generally posted for each lake in Georgia by 10 a.m. The last draw down was October of 2011 and one is not currently announced, but they generally come in the middle of winter and last for about 30 days.  When you ... 08/03/2015

For the first time in more than 5 and half years of compiling data for market reports when I ran the numbers for the end of June we had less than a years worth of inventory at the current rate of absorption.  I am delighted for sellers to report there is only 10 months worth of inventory. That's awful close to a stable market where we will start to see some price appreciation again.   Hear that buyers?  Been sitting on fence wondering how long we were going to rock along ever so close to the bottom we hit back in 2013, well looks like it was until May of 2015.Of course I believe we will have our typical seasonal setbacks come winter, but I see the market moving in a price upward direction from here. I just ran the numbers and there's about a 2% bump in price from June's average to the f... 07/11/2015

Recently,  and it wasn't the first time, a potential seller walked into my office with a single piece of paper from the developer they got in the mail back in 1980 when they purchased property at Lake Sinclair.  It identified the property only as Tract XX, Lot XX, no county, no street, no subdivision.  After a few minutes of questions they did know what county they paid their annual taxes to, so it was narrowed down a bit.Then I got on my trusty computer and went to QPublic From there you can navigate to the counties and search by name and find more information about property.  Unfortunately their property was not identified by street on the tax digest, because as it turns out much of the property in that area is still undeveloped and no one has the street as their mailing address and t... 07/08/2015

Many agents won't even talk to you unless you walk in the door to meet them with a pre-approval in hand. But at Lane Realty, because of the multitude of different properties we show and list, we know that might not be the best thing for you.Will you be considering: Georgia Power lease lots Georgia Power strip leases Manufactured homes Modular homes Singlewide Lease lot with manufactured Not all lenders will do all of these properties. So while we don't mind pre-approved buyers you just might be pre-approved with someone who isn't the right lender for you. At this very moment we have a client sitting with one of our lenders in an office to get them pre-approved for THE house they are writing an offer on in the next hour. It's a lender who handles the type of property the buyers are writi... 07/07/2015