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Lake Sinclair Blog

If you are thinking of purchasing lake property in Georgia, don't do it until you check out lake sinclair. www.lake-sinclair.com

Are you gaining equity in your Lake Sinclair home?

Tonight I read a post about gaining equity in homes written by Nicole Doty - Gilbert Real Estate Expert in Arizona.  I'm a smiggin jealous.  Our market might be more improved if our economy wasn't still so dismal.  Not only  are the Lake Sinclair unemployment rates way higher than national averages with Putnam over 8%, Baldwin over 9% and Hanock over 10%, but we have Georgia Power's Plant Branch scheduled to close in just three months and bring more job loss to our area and higher fuel costs with coal plants clossing across the state.  

I really don't know what "recovery" people are talking about or that I heard about in the State of the Union address last night.  It is NOT here.  

Nicole's post got me to go and do a little research to see what end of the "home equity" spectrum we're in locally.  I thought it would be higher than the numbers she reported as the hightest "negative by state" numbers in her article and I was right.  You can move your mouse to the county in the map of Georgia below and see where your county ranks.  Perhaps some areas of our state are going better to keep us out of the bottom 5, but it's not local to our Lake.

 

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Tammy Lankford, Broker/Owner

 

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17 commentsTammy Lankford • January 21 2015 07:17PM
Are you gaining equity in your Lake Sinclair home?
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Tonight I read a post about gaining equity in homes written by Nicole Doty - Gilbert Real Estate Expert in Arizona. I'm a smiggin jealous. Our market might be more improved if our economy wasn't still so dismal. Not only are the Lake Sinclair… more
VoicePlay coming to the Plaza Arts Center
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I'll be the first to admit that growing up in a small rural town doesn't always give you the best opportunities to see a good show. Eatonton literally has NO movie theater. There was one when I was girl and another that had a short lived life when… more
Non water front home sales in Putnam County
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A Lane Realty we focus on Lake Sinclair, but not all buyers can afford the over $200, 000. average price of waterfront homes. And of course we don't turn away buyers who don't care for lake life or are not in that price range. We happily also work… more
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Sometimes it all works out when sellers listen to our advice and that's just what happened at this property. The house needed a total remodel and my seller said "not in the budget" so we had to sell the house "as is" but the problem was no one… more
Lake Sinclair real estate market ended well in 2014
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As you can see it was an exceptional December for Lake Sinclair. That Bright blue tall bar at the right side of the graph represents the 20 homes that closed in December. More than an December in at least the past 5 years, but I'd… more
Slow start to 2015 for closings Lake Sinclair- Georgia
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Only two waterfront properties have closed so far in January 201 5, but with 15 Lake Sinclair properties pending I expect the number to go up significantly before the end of the month. The average list price of the pending homes is $218, 000 so I… more
Time just flies… when you're having fun "20 Years"
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It's hard for me to remember my 29 year old self that sat in the closing in my attorney's office 20 years ago today and signed closing papers. My daughter was a precocious 6 year old at the time. My parents were way more terrified about me owning a… more
Lake Sinclair gets how cold? has how much snow fall?
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Dear Lane Realty, I read a little about your lake maintain at or near full pool at all times of the year which makes it one of the only lakes in Georgia to do that, according to my research. But I'm concerned from reading your posts about the snow… more
Lake Sinclair sellers with difficult circumstances can count on me
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I have successfully navigated my way through many difficult situations in life, both personal and professional. That tends to help me keep a level head when I'm dealing with situations where a listing is more than meets the eye. I have helped… more
Lake Sinclair Homes for sale- sign up for a search today
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Are you looking to purchase on Lake Sinclair? Lane Realty is at the lake and we're ready to help you find the home you want to buy. If you are a casual looker who will be buying the next few years, we'll be here then too. We're celebrating 30… more