Spring Sales Picking Up on Smith Lake!

The Spring rush has started. Many people have been looking at Smith Lake real estate over the last few weeks. I have been working multiple appointments several days in a row. Interest rates are still at an all time low creating phenomenal buying opportunities right now. I wrote three contracts one day last week!

I have recently acquired some great new listings on Smith Lake that are the ideal properties for the summer. We have lenders that can get a loan closed in as quick as two weeks! Look today, be in a new home by Memorial Day weekend.

The water levels are at normal pool and the Spring pollen has almost cleared. The water is looking great! Come take a look at Smith Lake for yourself!

Warmer Weather Drawing Buyers to Smith Lake

The last few weeks have produced some very nice weather bringing buyers out to look at Smith Lake Real Estate. I have had many calls and emails over the last few weeks with the nicer weather!

I have listed some great new properties for sale, so please visit my Smith Lake website to view all of my new listings. It seems many authentic lake cabins have come on the market, so take a look: www.justindyar.com.

Spring and Summer are just around the corner, so it's a great time to purchase a property and have it for the most popular time of year!

Smith Lake Water Levels Remaining Constant

The water level at Lewis Smith Lake has remained constant over the last two months. Today, the lake is at 497.28 which is 12.72 feet below the normal pool elevation of 510. The normal pool for this time of year is 496, so the lake is about 1.28 feet above normal right now. Property owners and developers are happy with the water level remaining constant in 2008. In November 0f 2007, Smith Lake was at one of the lowest levels ever due to the severe drought--around 490.8 which is 6 feet below normal winter levels! This information can be obtained from http://www.smithlake.info.

As a reminder, the Fall and Winter months are great times to buy Smith Lake property. With the lower water levels, a buyer can see what the shoreline will look like during these months. This is the perfect time of year to decide dock placement and retaining wall options if needed.

To learn more about Smith Lake, please visit my Smith Lake Information Website.

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.

The Real Estate Market on Lewis Smith Lake in 2008

For those of you who have been following the real estate market around the country, I think you will be pleasantly surprised that sales of waterfront property on Lewis Smith Lake in northern Alabama remain strong. With the downfall of the stock market, many consumers choose to invest their money into other assets such as real estate. Smith Lake does have an excess of inventory at the moment which in turn makes it a great time to take advantage of some of these homes, lots, or condos for sale. Most sellers understand the current market conditions and are willing to negotiate to some extent. Smith Lake by no means has an excess amount of foreclosures or short sales, yet has many motivated sellers willing to move their Smith Lake property as soon as possible.

Smith Lake property values continue to increase despite the economy being depressed. Homes on Smith Lake are being purchased from people all over the country. I receive calls each day from people all over the world who are inquiring about Smith Lake and what it has to offer. Smith Lake prices are still behind other lakes in the Southeast, making Smith Lake a great place to invest for the future. The same lot or home on other lakes in the South could be double the price! I do feel this will change within the next 5 years as the values continue to climb on Smith Lake. Most buyers I work with really enjoy the small town atmosphere of Smith Lake and enjoy the laidback lifestyle this area has to offer. If you want to see the current properties on Smith Lake for sale, visit my up to date Smith Lake Website.

The property taxes on Smith Lake are low, the temperature is comfortable year round, and the Southern charm of Smith Lake continues to attract people from all over the country.

If you are cashing out of the stock market, cash in to property on Smith Lake!

To learn more about Smith Lake, please visit my Smith Lake Information Page:
www.justindyar.com/smithlake01.htm