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Archive for the 'Market Statistics' Category

2015 is Lake Martin’s Best Year Ever!

Lake Martin had its best year ever for waterfront real estate sales in 2015.  Sales were better in 2015 than in the big real estate days of 2005. Please take a look at this market report for the Lake Martin waterfront real estate market. I shot this video in January with preliminary numbers, but they held true:

The Lake Martin real estate market report for 2015 reflects record numbers of waterfront homes sold and waterfront lots sold.2015 home sales

As you can see in the above chart waterfront home sales in the Lake Martin area were 24% ahead of the previous high in 2014 – with 360 sales in 2015.

December 2015 lot sales chart

And looking at the chart above waterfront lot sales were 15% ahead of 2014 – with 85 sales in 2015.

Keep in mind, these numbers are compiled from the Lake Martin Area Association of Realtors’ Multiple Listing Service*.

The bottom line for Lake Martin waterfront real estate sales in 2015:

The bottom line is that we had a fantastic year here at Lake Martin. If you have been reading this blog or my column on AL.com, you know that all of 2015 has been outstanding. It really was just a matter of how great it was going to be.

Any time that any real estate market beats the prior year in number of sold units, that’s a great year. We have been doing this in the waterfront segment of Lake Martin since 2008, with no signs of slowing down.

What, if any, were the disappointments in the Lake Martin real estate market in 2015?

I had hoped for the “Triple Crown” – that is, 1.) Top year number of waterfront homes sold, 2.) top year of number of waterfront lots sold, and 3.) increase in waterfront home prices. While we definitely had the top number of waterfront homes sold on Lake Martin, and also an increase in pricing, we did not have the top year in number of lot sales. It’ snot like we had a bad year in lot sales. 85 sales is nothing to sneeze at, but it did not best the previous record of in 2005.

What about the future? Won’t the election hurt sales at Lake Martin? Or China’s economic slowdown? Or [insert your favorite doom and gloom item here]?

I think the Lake Martin waterfront real estate market is set up for another wonderful year in 2016. I don’t pay attention to macro-economic trends and I darn sure don’t listen to the so-called NAR economists. I watch the local numbers. As long as we are beating the prior year, I am not calling an end to this bull market. Beating the same month from the prior year is per se an increasing market.

For example, as great as 2015 was here at Lake Martin, please note that 9 waterfront homes were sold in January of 2015. Compare that with 12 sold in January 2016. As a market, we have already sold as many waterfront homes in the first 17 days of February 2016 than we did in the entire month of February 2015.

In other words, 2015 was hot, but 2016 is starting hotter!!

When it slows down, trust me, I will be the first one to call it. I am not afraid to point out that the emperor has no clothes. But until then, don’t worry about the price of tea in China because it apparently is not affecting Lake Martin real estate.

If you have any questions, please contact John Coley with Lake Martin Voice Realty at 334 221 5862 or emailing directly at john (at) lakemartinvoice (dot) com.

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Copyright notice – the above, and every other post on this blog, is the property of John Coley, Broker, Lake Martin Voice Realty. Appraisers may use my information in their appraisals without charge or asking, but please give me credit by citing me, my company name and title, and website address of http://lakemartinvoice.com.  If anyone else would like to use this information, please contact me here and ask. I probably will let you do it, just please ask!

(*)Disclaimers: All of the above info was taken from the Lake Martin Area Association of RealtorsMultiple Listing Service. Accuracy is not guaranteed but deemed reliable. The above does not include sales by   FSBOs or developers that sell privately and not through the MLS. But, I do think that the above represents a very large majority of all waterfront sales on Lake Martin, Alabama.

 

 

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July 2015 Market Report for Lake Martin

Lake Martin home sales have been great, but what is the magic statistic that lets us know if home prices are on the rise?

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Is there a magic statistic that lets us know that Lake Martin waterfront home prices are on the rise? I decided to look at a months of inventory, which I think can give us a better inclination if prices will be rising. If you are not familiar with the term, months of inventory can be found by taking the number of homes for sale now and dividing it by current month home sales.

In the case of July 2015, we had 359* waterfront homes for sale at Lake Martin, and we sold 42 waterfront homes on the whole lake, that’s all agents, all brokerages. That gives a months of inventory statistic of about 8 1/2 months. This means that if we sold at that rate in 8 1/2 months, we would run out of homes to sell.

Lake Martin watefront home sales July 2015 market report

It’s hard to tell if that’s the magic number or not. I like to look at trends and see where that number is going. I don’t really peg my hopes on any one statistic. Looking over some of the past years, in 2014 there was 11.1 months of inventory with 376 waterfront homes for sale on Lake Martin. In a year, our ratio has gone down with less homes for sale and more sales, which is great for sellers. 

To get some perspective on this statistic, I wanted to look at the best and worst summer months the Lake Martin real estate market ever had. If you look at July 2007, one of our worst summer months, there were 475 homes for sale and a months of inventory number of 43.18.   Terrible. Our best summer month we have ever had, May 2005, there were 144 homes for sale which equated to a  4.11 months of inventory.

Looking at this year, we are doing a lot better than last year with a 23% decrease. I’m going to keep watching this statistic. Will prices go up as fast as they did in 2005? I don’t think so, because there is not as much pressure – a higher months of inventory. But, I do think home prices are going up here at Lake Martin in 2015. We just have tons of momentum.

If you have any questions, please contact John Coley with Lake Martin Voice Realty at 334 221 5862 or emailing directly at john (at) lakemartinvoice (dot) com.

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Copyright notice – the above, and every other post on this blog, is the property of John Coley, Broker, Lake Martin Voice Realty. Appraisers may use my information in their appraisals without charge or asking, but please give me credit by citing me, my company name and title, and website address of http://lakemartinvoice.com.  If anyone else would like to use this information, please contact me here and ask. I probably will let you do it, just please ask!

(*)Disclaimers: All of the above info was taken from the Lake Martin Area Association of RealtorsMultiple Listing Service. Accuracy is not guaranteed but deemed reliable. The above does not include sales by   FSBOs or developers that sell privately and not through the MLS. But, I do think that the above represents a very large majority of all waterfront sales on Lake Martin, Alabama.

 

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Lake Martin Real Estate Report For June 2015

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June waterfront home sales on Lake Martin were up 44% from last year!

June 2015 homes MONTHLY with percent

Yes, you read that right. The Lake Martin real estate market is doing well this summer. June of 2015 beat last year in sales by 44%. That’s not the only good news! If you look at the year to date, we are selling well ahead of the prior year. 2015 is beating 2014 by 26%! That is impressive because 2014 was a record year of home sales on Lake Martin, even better than 2005.

June 2015 homes year to date with percent

ACRE pointed out on AL.com that supply is down 6.8% and we are still having rising demand and sales even with a lesser supply.  You can read more from this article on AL.com by clicking HERE.

Another factor that is incredible is that lot sales are pacing far ahead this year as well. We have sold 46 lots through the Lake Martin MLS. That’s all realtors and all brokerages in the Lake Martin area. Last year at this time we had sold 25 lots through the MLS, and last year was a great year for lot sales.

Just to recap, waterfront homes are pacing ahead by 46% and lot sales are pacing ahead by 84%. Overall, we are doing great in sales so far! Keep updated with Lake Martin market statistics HERE.

June 2015 Lot sales with percent.jpg

If you have any questions or need real estate help on Lake Martin, feel free to contact me, John Coley, with THIS FORM or at john (at) lakemartinvoice (dot) com or  334 221 5862.

Would you like to search the Lake Martin MLS from your smart phone? Then download the Lake Martin Voice free app!

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April’s Lake Martin Real Estate Market Report

The headline on AL.com reads “Lake Martin Sales Have Slipped 2 Percent.” Should we be worried?

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We shouldn’t be panicking quite yet. This number came from the Alabama Center for Real Estate. They do a great job at accumulating and reporting real estate market reports for the entire state of Alabama. That particular study was looking at the entire area of Lake Martin which includes off water property. If you dig into the details in their report, you’ll see that the Lake Martin waterfront home sales are actually pretty much the same as April 2014.

In April 2014, 25 waterfront homes were sold on the Lake Martin MLS*, this includes all brokerages, all real estate agents. This year, in April 2015, we also sold 25 waterfront homes, so we are dead even with last year from a monthly standpoint.

If we look at the cumulative sales from the whole year in 2015, in the Lake Martin MLS*, we sold 87 waterfront homes. Throughout 2014 in the Lake Martin MLS, we sold 72 waterfront homes, and 2014 was a record year. So far, we are tracking ahead of last year in sales by over 20%.

Now, if the Lake Martin waterfront market starts seeing months lose to the prior year and we see that cumulative total go down and we start tracking behind last year, then there might be reason to worry. But so far, we are doing great this year!

If you have any questions, please contact John Coley with Lake Martin Voice Realty at 334 221 5862 or emailing directly at john (at) lakemartinvoice (dot) com.

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Copyright notice – the above, and every other post on this blog, is the property of John Coley, Broker, Lake Martin Voice Realty. Appraisers may use my information in their appraisals without charge or asking, but please give me credit by citing me, my company name and title, and website address of http://lakemartinvoice.com.  If anyone else would like to use this information, please contact me here and ask. I probably will let you do it, just please ask!

(*)Disclaimers: All of the above info was taken from the Lake Martin Area Association of Realtors Multiple Listing Service. Accuracy is not guaranteed but deemed reliable. The above does not include sales by   FSBOs or developers that sell privately and not through the MLS. But, I do think that the above represents a very large majority of all waterfront sales on Lake Martin, Alabama.

 

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Spring 2015 Market Report for Lake Martin

March 2015 was another great month for Lake Martin waterfront home sales.

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The graph below was provided by the Alabama Center for Real Estate (ACRE). On it you can see the number of homes sold monthly and the amount of inventory in the Lake Martin area during those months. ACRE’s chart shows the months of March for 2007 through 2015.

March has been consistently been a good month for Lake Martin waterfront home sales.(*) In 2015, 36 homes were sold in the month of March. This number includes sales from all brokerages and real estate agencies that participate in the Lake Martin MLS. In 2014, there were 28 homes sold in the month of March, so there was an 8 home increase in sales from 2014 to 2015. This is impressive, because 2014 was a record year for sales. The previous record year for sales was in 2005, when 30 waterfront homes were sold in March.

Lake Martin Home Price Changes?

A question I hear a lot is, “if Lake Martin home sales are up, what about prices?”

It’s a great question. When I looked back at the entire year of 2014, I did not see evidence of a huge price increase for waterfront property. What I saw, maybe, was a slight increase. Perhaps a couple of percent, but it’s hard to parse the numbers that tightly. Looking forward, I think you have to consider the amount of waterfront homes for sale right now on Lake Martin.

There are currently 358 homes for sale right now in the Lake Martin MLS. In comparison, there were 324 homes for sale at this time in 2014. Back in 2005, there were 180 homes for sale and prices went up from 2005 to 2006.  To emphasize this point, I cut the ACRE chart down to only the years of 2005, 2014, and the current year.  For example, in 2005, when we had 180 homes for sale and selling 30 homes a month, it was only 6 months of inventory being sold.

I think that 2015 will be the first year in a while that we will be able to go up in price. I don’t think we will see huge (30%) price jumps like we saw in 2005 because of the ratio of sales to inventory. But I do think we have a pretty good chance for a home price increase here at Lake Martin.

Only time will tell, so check back for more market reports as the year goes on.

Do You Need Help At Lake Martin?

I’m a full time real estate agent here at Lake Martin. I write these market reports help my clients. Do you need help with buying or selling at Lake Martin, please contact me, John Coley, by using this contact form, calling me at 334 221 5862 or emailing directly at john (at) lakemartinvoice (dot) com.

Copyright notice – the above, and every other post on this blog, is the property of John Coley, Broker, Lake Martin Voice Realty. Appraisers may use my information in their appraisals without charge or asking, but please give me credit by citing me, my company name and title, and website address of http://lakemartinvoice.com.  If anyone else would like to use this information, please contact me here and ask. I probably will let you do it, just please ask!

(*)Disclaimers: All of the above info was taken from the Lake Martin Area Association of Realtors Multiple Listing Service. Accuracy is not guaranteed but deemed reliable. The above does not include sales by   FSBOs or developers that sell privately and not through the MLS. But, I do think that the above represents a very large majority of all waterfront sales on Lake Martin, Alabama.

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February 2015 Lake Martin Market Report

Often, I’m asked, “How is the market doing in 2015 compared to 2014?” In short, I think its doing great! If you look at the graph below provided by the Alabama Center for Real Estate, you can see that February 2015 sales doubled from February 2014. In February 2015, sales were at 14, compared to sales at 7 in February 2014.

Feb 2015 market report graph

The yellow line, represents the inventory levels. The levels are the same, and certainly a lot better than they were in the dark days of 2007. Overall, when you look at the big picture, you can see that supply on the inventory side is similar and demand on the sale side is similar. We are poised for another great year here at Lake Martin.

Hear more about this in the video below.

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2014 Is Lake Martin’s Best Year Ever

Lake Martin had its best year ever for waterfront real estate sales in 2014. This year’s real estate market report reflects record numbers of waterfront homes sold and waterfront lots sold.

Close readers of my prior market reports for Lake Martin will note that the previous record year for home sales was 2005. In that year, 285 waterfront homes, townhomes, and condos were sold in the Lake Martin MLS(*). It remained the high water mark as sales started to slide the very next year, bottoming with a miserable 137 waterfront homes  sold in 2008.

Do you remember 2008? I do. In 2007 we had no rain. In 2008 we saw few home sales.

Thankfully, the Lord God provided rain and lack of supply combined for the Lake Martin market to bounce back in 2009. As you can see on the above chart, the lake had 194 sales in 2009, a full 42% spike in one year.

Why do I go over these old numbers when I am supposed to be talking about 2014?

Because I think it is worthy to remember how everyone – ( well – almost everyone, see my point #3 to buyers in this report from 2008) – back then said “things will NEVER get back to the old days. We will NEVER see Lake Martin sell like 2005 again.” Wrongo. Incorrect. I heard the naysayers back then and I still hear someone say that at least once a month now.

Here is proof positive that you should never say never.  Seriously. Go back to my Lake Martin market reports in 2008 here and look at it.

Lake Martin Waterfront Lot Sales

You also might remember that 2013 was a huge year for waterfront lot sales here on Lake Martin. Did we repeat that feat in 2014? Yes.

Unbelievably, waterfront lot sales were higher in 2014 on Lake Martin than 2013. One might be tempted to conclude that this is only because Alabama Power Company, a private utility and major waterfront landowner, decided to sell a bunch of lots in both years. However, even if you remove the 23 lots Alabama Power sold in 2014 through the MLS, it would still leave 51 lots sold, which is way better than 2012. Similarly, in 2013 only 17 of these waterfront lots sold were from Alabama Power. Remove those, and the record still stands.

FAQ About My 2014 Lake Martin Real Estate Market Report

1.) What prices do in 2014 on waterfront homes? I will cover Lake Martin’s pricing trends in a later post. But my quick answer is that I did not see a huge price jump. I will detail this in the future.  Please stay tuned.

2.) If we beat 2005 for the best year ever, I guess that means now we will start sliding again? Not necessarily. I calls them as I sees them. When sales start slumping and losing to the prior year, I will be the first to say it. But not before then. Mark my words, in a free market, everything has a cycle. Yes, Lake Martin will experience another contraction some time in the future, just not now. Right now we are booming. Also, since I strongly believe that price follows sales, I don’t think we can call a peak until we see upward price movement.

3.) What do you do in real life? I am not a blogger or writer by trade. I am a humble real estate agent here at Lake Martin. I write these market reports and other items to try and be helpful. If I may help you buy or sell something here at Lake Martin, please contact me by clicking here. I would love to be of assistance.

 

Related Posts About Lake Martin Real Estate Market Reports:

Lake Martin 2012 Waterfront Market Report
Lake Martin 2013 Waterfront Market Report

All Lake Martin Waterfront Market Reports

Copyright notice – the above, and every other post on this blog, is the property of John Coley, Broker, Lake Martin Voice Realty. Appraisers may use my information in their appraisals without charge or asking, but please give me credit by citing me, my company name and title, and website address of http://lakemartinvoice.com.  If anyone else would like to use this information, please contact me here and ask. I probably will let you do it, just please ask!

(*)Disclaimers: All of the above info was taken from the Lake Martin Area Association of Realtors Multiple Listing Service. Accuracy is not guaranteed but deemed reliable. The above does not include sales by   FSBOs or developers that sell privately and not through the MLS. But, I do think that the above represents a very large majority of all waterfront sales on Lake Martin, Alabama.

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YeeHaw!! Will 2014 Be Great or Incredible at Lake Martin?

I originally wrote this article about Lake Martin waterfront real estate sales for LAKE Magazine’s August 24th edition. As summer winds down, we have a chance to look at the Lake Martin MLS sales numbers and try and get a picture of what has happened with waterfront sales so far this year . . .

If this month’s real estate market report was a Dukes of Hazzard episode, this would be the moment when Bo and Luke, driving furiously in the General Lee, round a curve and spot a “Bridge Out” sign that spans a muddy river. The camera would freeze on their expressions of “uh oh.” Waylon would say something witty, and the network would cut to commercial.

General Lee blueinkfiction.com

The question in the viewer’s mind: Will this be great? Or mind blowing?

With Roscoe in hot pursuit, there is little doubt that the Dukes would jump the creek and escape.  But, there’s a slim chance that the car might roll three times while Luke shoots a dynamite-laden arrow at a falling tree, saving some innocent bystanders in its path. Incredible!

We would still be amazed if they merely jumped the creek.

We find ourselves in a similar spot this month as we review the Lake Martin real estate market reports.
I examined the Lake Martin Multiple Listings Service (MLS) waterfront home sales for Jan. 1, 2014, through July 31, 2014. These results include all agents in the area but none from private sales between individuals or developers.

After reviewing the numbers, I have no doubt that the Lake Martin area is going to have a great year. But will it be incredible? Will we see the most homes sold since the record year of 2005?

The careful reader will recall that last year, in 2013, we were asking the same questions (“Lake Martin Lots Selling Hot in 2013”).  Through the end of July in 2013 there were 138 homes sold. That year did not end up beating the record of 2005, but it came close while trouncing the second place effort of 2006.  If we fast forward to the present, we see that through July 31, 2014, 168 homes have been sold, or 22 percent above 2013. We are tracking above last year, which was the second best year on record. Not bad.

But what if we look at how many waterfront homes were sold at this same point in 2005? Through July 31, all agents, all brokerages in 2005 sold 178 homes on the MLS, which is about 6 percent greater than this year.  We are not on a winning pace, but we are close. We are stalking the leader and coming down the stretch.

What about waterfront lots?

Shady Bay Lot 13 Phase 2

The year 2013 was a record breaker for waterfront lots sold on the Lake Martin MLS. For the entire year, area agents combined sold 71 lots, whipping the previous record of 55 in 2005 and almost doubling the prior year of 38 in 2012.

Are Lake Martin waterfront lot sales still hot in 2014?  In a word, yes.

The year 2014 is tracking just behind 2013. Through July 31 last year, we had sold 37 waterfront lots in the Lake Martin MLS. At the same date this year, 34 had been sold. I think that a difference of only three is not much to worry about, statistically, so it’s safe to say we are on pace with last year.  At any rate, we have all but guaranteed that 2014’s lot sales total will best 2012 and 2011.  I also think it is safe to say that this year will beat 2005.

So we return to the original question: Will 2014 be great, or will it be incredibleWe will know in a few months. My guess is that, on the home sales front, we will come really close to 284 waterfront homes sold but will not beat it.  There are 60 homes under contract at this writing, but not enough inventory, I think, to beat the record. Similarly, I think Lake Martin will see very close to 71 lot sales, but not materially more.

Don’t be disappointed if Luke doesn’t fire a dynamite-tipped arrow, we still will have had a great year if sales approach those numbers.

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Lake Martin Market Reports Yield Great Feedback

The Lake Martin waterfront real estate market is a unique animal. I try hard to provide meaningful market reports, built on math and not assumptions. I recently sent out my 2013 Year End Review via email. In it, I asked for suggestions on how to improve my report.

Letter from readersI received two very interesting emails, and thought I would publish them here. I would like to once again thank these readers for their input, and continue to ask for suggestions, and challenges, to my published numbers and analysis. With such a small number of homes sold each year, it’s critical to have good information. You won’t ever hurt my feelings if you think I am wrong or looking at something the wrong way. On the contrary, I would love to hear from you.

Here is the first email:

On Feb, 2014,  “Paul” wrote:

Just read though your email – great to see sales and construction activity continue to climb. You mentioned that you do not necessarily see price appreciation…..yet. Presumably you have the aggregate of sales dollars per annum. Does that not evidence any increase in avg sale/property?
Just curious because I was wondering how much the rate environment (which is still very favorable) could have an impact on discretionary/second home real estate purchases.

And my response:

Begin forwarded message:

From: John Coley
Subject: Re: sales data
Date: March, 2014
To: “Paul”

Hey “Paul,” thanks for your email. I don’t really look at aggregate sales dollar figures because I am not sure it is representative. For instance, the aggregate sales data in 2013 is going to be about double of 2008. But – 263 homes were sold in 2013 compared to 137 homes in 2008. If you looked at aggregate sales data you would be tempted to conclude that values have doubled since 2008, which certainly does not meet the smell test. I don’t know of any market anywhere that has doubled since 2008. In fact, I think values dropped slightly in 09 and have been steady since then. My bell curve chart and real world examples (homes bought in 08 that are for sale now) confirm that. But it is certainly interesting to consider.

As to interest rates – I don’t think rates mean a hill of beans to the average buyer. I think their interest rate sensitivity is zero. I have never run the numbers, but now that I know how to do so (I plan to do it like I did for WF footage and lot size) – I might try it. Stay tuned to my blog in the next few weeks, I am publishing the math behind my studies of price per WF foot.

Great to hear from you!

And the second email:

Dear John:
You asked for input on your charts, so being a CPA I couldn’t resist giving some! The chart you are using to determine whether prices are increasing I don’t think is accurate for that purpose. For example, let’s say in 2014 a lot of people in the $700,000 price range bought a lot of houses, let’s say 25% of all 2014 sales – the chart would of course spike at the $700,000 level indicating only that more people are buying houses at that level than they did in previous years. If the $700,000 buyers were buying houses that were previously sold for significantly less (i.e. a big price increase had occurred), the chart would not indicate that.

I don’t know if you have the data, but I believe a very meaningful chart re: price fluctuations would be to calculate the dollar sales per square foot, by subdivision, by year. That would certainly capture any price fluctuations. Since the subdivisions are all in different categories (i.e. comparing the Ridge to Trillium, or Blount’s Point area to Willow Point) cannot be meaningfully done.
I would love to see a chart that lists sales dollars per square foot, by subdivision, by year. Can you get your hands on that kind of data?

Many thanks for your very valuable research.

– “C.E.”

My response:

From: John Coley

Subject: Re: Lake Martin – February 2014
Date: March, 2014
To: “C.E.”

Hey “C.E.”, thanks for your email. I appreciate a fellow numbers guy giving me input. I am always on the lookout to build a better mousetrap and to similarly test assumptions of my own.

Re: per square foot – I think this stat is extremely misleading at the lake. The reason is that so much of a home’s value is tied up in the lot. PSF analysis works well in things like condos where everything is the same, but lake property is way too diverse and has too high a percentage of overall value tied up in the lot. See a post I did on my blog, way back in 2007:

5 Mistakes When Buying Real Estate on Lake Martin

There is zero correlation between sales price and square footage of home.

In that post I also mention the price per waterfront foot of a lot and its deceptive nature. Coincidentally, I just ran the numbers on that using 2013 sales. I will be posting the results on my blog. I did a scatter plot, and a correlation coefficient calculation. Where +1 is a perfectly direct relationship, 0 is no relationship, and -1 is a perfect indirect relationship, I found that waterfront footage only has about a 0.47 correlation, or classified as a secondary correlation by statisticians. Interestingly, the size of the lot (overall acreage) has a zero correlation. This math confirmed for me that when I am valuing lots, and therefore valuing homes, the most accurate method is to start with a comparable sales method, looking at similar location, view, privacy, and water quality. I secondarily adjust for WF footage, and do not adjust at all for acreage.
I will take a look at your suggestion of analysis by neighborhood. I am doing that already for a neighborhood report, but looking at PSF data on homes in a neighborhood will vary even more greatly because of our small sample pool. That’s why I only do price analysis once a year – in Willow Point there were only 8 homes sold in the last 12 months, from 600k to 2.2 million. When your sample pool is that small, it won’t normalize easily, and one home sale can thrown the whole thing in a wreck and make year to year comparisons inaccurate at worst. But all this does make for interesting discussion!!!

Regarding your example of the 700,000 category – if you look at the most recent example, in 2011 there was a spike in the over 1 million range. You can see the hump up there. Spikes like this are the prime reason I broke it all down to price strata, and also to look a year’s worth of sales. I am trying to normalize out the outliers. But again, great food for thought! Thanks!

Thanks for your email!!

It is so humbling that people read my market reports, much less take the time to comment on them and get me to really think about the conclusions I draw.  It helps more than you know.  A huge thanks for your feedback, and please keep it coming!

C.E., in a later email, suggested that I look at the percentage of and direction of change in per square foot pricing on Lake Martin waterfront home sales. His point was that while the raw number might not be useful, the direction thereof might be, kind of like the DJI in the stock market. I think this is a cool idea and worth some further study!

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Welcome to Lake Martin!

Welcome to Lake Martin and welcome to LakeMartinVoice.com!  If you’re researching a waterfront real estate purchase, I hope this website will become your favorite tool, and, let me be honest – I hope one day you’ll give me a call and hire me as your realtor.  I realize that the last thing buyers and sellers want to do is call a cheesy realtor, so this website is my attempt to gain your trust by putting the best real estate info into your hands and letting you take the lead.

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So what’s the deal with my company’s name, Lake Martin Voice Realty?  Am I am radio station? No.  Am I a boutique ( a trendy word for small) real estate company that deals exclusively with Lake Martin real estate? Yes!

LakeMartinVoice.com exists to put all of the most accurate and most current Lake Martin real estate information in one location.

At Lake Martin Voice, you can

1)  Search the Lake Martin MLS – without a doubt, the most accurate and timely source of listing information. All realtors, all brokerages.   Sites like Realtor.com, Zillow, and Trulia are chronically inaccurate and out of date, so go straight to the local source, our MLS.

2)  Read Market Reports – I break down the statistics – finally, my accounting degree put to good use.  It’s hard to argue with the numbers.

3)  Learn about Neighborhoods and geographic areas on the lake – Maps, video tours, histories each area, PLUS a live feed from the MLS with homes currently for sale in each neighborhood.  A handy way to get super hyper local.

4)  Connect to my YouTube Channel – Watch hundreds of videos including home tours, community event videos, and client testimonials.

5)  Request Best Buy and Foreclosure Lists – Choose your price range and I’ll send you a hand picked list of homes with good value (IMO).  Request a list of foreclosed properties as well.

6)  Explore local news, events and issues – Read hundreds of current and past blog posts covering life at Lake Martin.

If you have more questions about Lake Martin real estate, and you can’t find the answers here, please let me know – I’d love to do the research and even post the answers right here.  You can  call me at 334  221 5862, email me at john (at) lakemartinvoice (dot) com, or click here to contact me.

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