I have listed several waterfront cabins and homes on Smith Lake this month. These properties are priced in the 300k or less range which seems to be the ideal price point. Interest rates are great and most people are taking advantage of these rates whether it be for a refinance or purchase.
A few of my customers were quoted around 4.875 for a 30 year fixed mortgage this week. I have multiple lenders who are loaning money for properties on Smith Lake.
The Birmingham Boat Show is this week which usually generates interest for Smith Lake properties. It is held at the BJCC in Birmingham, AL.
For an updated list of my new listings, check out my site: www.justindyar.com