March 2009

Found 1 blog entry for March 2009.

There has never been a better time to purchase a lake house/waterfront property.

  1. Interest rates are at 30 year lows (see graph below..) You can now afford more for less.
  2. Lakefront real estate on these small lakes is limited (Lake Dunlap, Lake McQueeney, Lake Placid, & Meadow Lake).  Supply and Demand: When there is little supply the demand for Lakefront Real Estate will rise causing prices to rise.
  3. Sellers are negotiating: The economy had made it tough on some sellers and some of them need out, which means great deals for buyers.

The way I see it:

  • Put your money in the stock market and pray the stock market goes up all while getting no enjoyment out of your investment.
  • Buy a lake house and actually enjoy your investment as