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	Name:	Feb -
	Subject:	Real Estate
	Date:	8/13/2005 12:07:52 PM

Yes & No, Significantly higher interest rates will lower some property values, but remember interest rates are much lower than in years past. I do not seen interest rates jumping that much. I think the effect on water front property will be nill if any. The loan industry has dramatically lowered the requirements for most Americans to obtain loans, and there are folks out there now getting loans that could not of in the past. There are new loans types that most of us have never heard of that allow some to afford much more than in the past. Some experts see that as a danger signal. People obtaining loans they pay only against interest.

The baby boomer generation is retiring, and there are plenty of them with money. They also have homes they will sell at retirement that are worth two and three time if not more than they paid for them. (Lot of equity cash so who cares about interest rates?) Lake Martin is so much nicer than most other Lakes you find, and it is a dream with much lower prices than most. It is also in the sun belt. Many advantages over other places like much lower taxes. We have hashed throught this in the past on the Forum.

Other messages in this thread:

View Entire Thread

Real Estate - Looking - 8/12/2005 10:42:34 PM

Real Estate - Ulysses E. McGill - 8/12/2005 10:55:18 PM

Real Estate - Looking - 8/12/2005 11:02:41 PM

Real Estate - Ulysses E. McGill - 8/12/2005 11:39:19 PM

Real Estate - HappyCamper - 8/13/2005 7:37:38 AM

Real Estate - Ulysses E. McGill - 8/13/2005 4:39:11 PM

Been Looking For Over A Year - AU Contractor - 8/13/2005 6:41:39 PM

Real Estate - jawjagal - 8/13/2005 11:32:59 AM

Real Estate - Feb - 8/13/2005 12:07:52 PM

Real Estate - jawjagal - 8/13/2005 1:18:48 PM

Real Estate - Feb - 8/13/2005 2:21:45 PM

Real Estate - jawjagal - 8/13/2005 3:19:11 PM

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