The real estate market on Lake Wedowee is ever changing. In the last five years, the Lake Wedowee real estate market has come full circle. Prior to 2006, the seller's controlled the market because of limited supply but that all changed drastically from 2007 to 2010. The market was flooded with properties and because of the economy and other factors buyers were scarce. However, in the last 12 months, Lake Wedowee Real Estate Market has changed once again. Buyers have returned to the area, but for the most part are purchasing homes for much less than they would have in 2006. Values have leveled and inventory is adjusting. It is still a buyer's market and the perfect time to buy with a large selection of real estate listings. Prices are continuing to stabilize and interest rates are LOW! But, before you begin looking for real estate on Lake Wedowee there are several factors to consider:
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When you are looking for property on Lake Wedowee, knowing what prices to expect is important. There are several factors that determine the price of a lake lot or home and the variation in price reflects it. Some of the factors include:
Some of the questions to ask yourself when considering a home on Lake Wedowee include:
We make it a point to know the market. It is our goal to find you the lake property that best fits your needs. |