Has the Lake Martin waterfront real estate market peaked? Will prices for homes and lots start going down?
If not, when will it? If so, when will we know? Are there any factors or data points we can monitor?
Please take a few minutes and watch my latest waterfront real estate market report for Lake Martin for July of 2021. (Click on the image below.) Those are the latest numbers we have and I slice and dice them to try and answer your questions.
I hope you are ready for some gray areas and some “I don’t knows”…because predicting real estate trends in the Covid era is pretty tricky. That does double for a market like Lake Martin, where we have an extremely high proportion of a second home in a rural Alabama setting.
But, I do try and walk you through my data and my assumptions that form my opinions. Hopefully it will help you make any decisions that you might have.
Are you an owner of waterfront property on Lake Martin? If so, I would be glad to give you a free report that gives you a market value. If you are thinking about buying here at Lake Martin, I would love to help as well.