Lake Sinclair Topics: Agree 100%

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	Name:	ecstasypoint -
	Subject:	Agree 100%
	Date:	11/14/2007 2:59:45 PM

So lamont and jlazc, are you saying that you think your property gained the 20% this year that it probably did every other year? I have bought and sold a number of properties on this lake, and this is the first time in years that value didn't increase significantly. Temporary. I sure hope so. I agree 100% that one must be careful and informed when investing in real estate, but I also think that requires having the capacity to consider national trends beyond our own limited scopes. As far as condos vs. single family homes, in my opinion, it depends on the waterfront. Many of the condos are on deeper water, which should help them retain value, and grow with everything else that will be on water in the future. I'm aware of houses that used to be waterfront that don't have any water in sight, and they are now worth about what they were 7-10 years ago.