In Alabama, the largest jump in market value happened on Lewis Smith Lake, where properties surged 21% past the $250 million mark. In second place is Lake Martin, followed by Lake Guntersville. 🚤💸
The value of all unsold real estate on Alabama’s lakes shot past the $1 billion mark this summer, rising in value by 25% in just the last three months.
It’s not a new plateau by any means, but could be a sign that the post-COVID time of record prices and rabid demand in a tight market might be cooling off. Glenn S. Phillips, CEO Of Lake Homes Realty, said the “hyper frenzied acceleration in price has slowed.” Lake Homes Realty looks at the value of all unsold property on the market during a given period, meaning any lakefront property, lake accessible home or lot for sale.
Smith Lake also leads in the largest home and the largest land market categories, as well as the most listings.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Salt Lake City to host gun buyback after U.S. mass shootingsIndividuals will be able to exchange their firearms “no questions asked” during the Saturday, June 11 event.
Read more »
Terrifying Lake Powell rockslide sends boaters fleeing, and it was captured on videoA group of tourists caught a terrifying rockslide on Lake Powell on video, giving us a stark reminder that nature can be extremely dangerous.
Read more »
Report faults operator of drill rig that landed on car in Salt Lake CityThe operator, who was the only person injured when a drill rig collapsed earlier this year in Salt Lake City, failed to follow the manufacturer’s procedures, according to a report from Utah Occupational Safety and Health.
Read more »
This $5.5 Million Lake Placid Home Comes With Its Own Luxe Electric Day BoatThe half-acre waterside property includes a three-bedroom main residence and a separate two-bedroom guest house.
Read more »
5G voice calls arrive for some T-Mobile customers in Salt Lake City and Portland | Engadget5G voice calls arrive for some T-Mobile customers in Salt Lake City and Portland
Read more »