Sales of Expensive Homes on Smith Lake Remaining High in 2008

The upper bracket homes on Lewis Smith Lake had a sales increase toward the later part of the Summer and early Fall. These waterfront homes in the 800K-1.5M range seemed to be a hot commodity as stock prices began to fall and many consumers decided to invest their hard earned dollar elsewhere--Smith Lake property.

It seems waterfront real estate on Smith Lake is becoming a popular investment for people located all over the world. A one million dollar investment on Smith Lake will buy a beautiful waterfront home or a spectacular piece of land. This equal investment in other parts of the country will not compare to the amount of square footage or shoreline you can purchase on Smith Lake for the same amount of money.

Just today, I received calls from people as far away as California who are inquiring about property for sale on Smith Lake. The surrounding states such as Tennessee, Florida, Georgia, and Mississippi are all starting to migrate toward Smith Lake. The lakes in these states are far inferior to Smith Lake with regards to water quality and price per waterfront foot.

To learn more about Smith Lake or the properties available for sale, please visit my website: www.justindyar.com

Fall is A Great Time of Year to Purchase Smith Lake Property

Since temperatures have gotten cooler and the Smith Lake water levels have dropped, the boating activity on Lewis Smith Lake has slowed just as it does every year. Even though you might not want to get out in a boat now, the Fall and Winter months are great times of the year for purchasing lakefront property on Smith Lake. The lake will fluctuate at least 14 feet each year and the water levels are at the lowest in these off season months. These lower water levels will allow a potential buyer to see a property when the water is at a worst case scenario. A buyer can see if the property will keep year round water or will dry during these months. The shoreline is also completely exposed allowing a potential buyer to see if a retaining wall will be required or if a boatdock will touch the ground. To learn more about Smith Lake water level fluctuation, please visit my website which details this: www.justindyar.com/smithlake01.htm

Most vacant land shoppers take advantage of the water fluctuation and look at these properties during the off season. If you like the property during this time period, you will love it when the water levels reach the high mark in the Spring!

With interest rates low and water levels low, now is the time to invest in Smith Lake real estate!

Lewis Smith Lake is navigable year round even with this water fluctuation. Some sloughs and coves will dry, but the main channels stay deep year round. Smith Lake has many boat launches and marinas open year round for easy access to Smith Lake's beautiful waters.