Does anyone feel that by the time.....

[a1m1700]

Originally Posted by Need_affordable_home

Thanks for the correction! Waterfront even more expensive. Just out of curiousity, how much exactly is a lot by the lake? for a lot+house?

I would say at least 500,00 and up depending on the size of the house and the lot.

[TornadoAlley]

Originally Posted by Need_affordable_home

Thanks for the correction! Waterfront even more expensive. Just out of curiousity, how much exactly is a lot by the lake? for a lot+house?

If your just looking South Carolina has very cheap lots with lake front. Look in the north west area. I found 1/2 acre lots with utilities for $10-30k

[Need_affordable_home]

Wow that is a good deal, howcome so cheap in that area?

[lukeb321]

I'm not sure what some of you are talking about, but 9 out of 10 houses I have seen on realtor.com, realestatebook.com, and even ebay have been lowered numerous times and are still available. Now most of these houses are in the 150-200 range, but they are NOT selling. New construction might be going up, therefore building a new house might be increasing, but certaintly not resales (less than 7 yrs old). I've been wacthing my favorite house in matthews start at 215k and has dropped 3 times to 178k.

[lukeb321]

In looking back at the posts about apprecation and it seems to me its written by those who have already bought (wishful thinking of another Fl?) or by realtors (can you guess their motives?). I wouldn't freak out for awhile people.

[thisguy]

Originally Posted by silverwing

Being a bookworm as a kid probably lead to being an inveterate websurfer once the internet came along. I'm a bit boggled at people asking to be spoonfed info when it is very easy to find on the internet. Just one leetle word on any of the major search engines .... And, honestly, while the opinions and impressions of posters here are interesting, and posters are doing their best to help out, if I were looking into the area, I'd use this board as a support function, but would be doing my own search for hard facts. If you make a move based on what you read here, and the information that people give, when you could be looking for it yourself, you might end up getting a hill of a surprise at what you actually see once you come down here

Totally off topic but I noticed "Mike from back east" edited post #114 which was written by "Silverwing" - how is that possible that 1 person can edit another person's posts?

[thisguy]

Originally Posted by TornadoAlley

If your just looking South Carolina has very cheap lots with lake front. Look in the north west area. I found 1/2 acre lots with utilities for $10-30k

Hmm, sounds like SC is to NC what Mexico is to the US cheaper labor and cheaper land hah!

Are there a lot of lakes in north or northwestern SC (I know I could google this but since you did the legwork). Here in MI lots of people have lots "up north" meaining you drive up north 3-5 hours to get to a cottage on a lake for weekends, so maybe the opposite will happen for those in NC as wealth increases in that area (seems they go to Asheville or the ocean coast) But those places have already been discovered and priced up. So maybe lakes are the next places to buy and get a relatively good deal. I noticed in Raleigh area the few lakes had pretty much no development on them and when I asked realtor she said they pretty much preserve the lakes for ALL the people (public access) which in a way I really like instead of giving it to the relatively wealthy who get the lake front lots and everyone else is stuck with a only being able to bring a boat on the few hundred yards of public access on a big lake. But it is weird to see lakes in the middle of a metro area with TREES completely surrounding it and not $700K waterfront homes. Charlotte it seems the opposite, they have developed the lake front to individuals.

Tornado Alley if you can PM me any specific lakefront you looked at (name of lakes) I am just curious how far they would be from Raleigh... even if you can buy a lot today for $15K and sit on it if you cannot afford to build a house today it seems like a good investment. There is only so much waterfront property in the US, and you cannot really "make more" (aside from those fake man made lakes)

[thisguy]

Originally Posted by lukeb321

I'm not sure what some of you are talking about, but 9 out of 10 houses I have seen on realtor.com, realestatebook.com, and even ebay have been lowered numerous times and are still available. Now most of these houses are in the 150-200 range, but they are NOT selling. New construction might be going up, therefore building a new house might be increasing, but certaintly not resales (less than 7 yrs old). I've been wacthing my favorite house in matthews start at 215k and has dropped 3 times to 178k.

I agree with you. Maybe in a specific neighborhood or few supply is falling but when I do searches in realtor.com there are literally thousands of homes available in the $150-$250K range...

Again, I think its human nature and emotion playing on some people "there was a bubble where I live now, and I am afraid its going to happen where I go next" hence you can smell the whiff of panic (and so can the builders who are overpricing new homes/lots to people from out of state)

[tismekll]

Originally Posted by thisguy

Totally off topic but I noticed "Mike from back east" edited post #114 which was written by "Silverwing" - how is that possible that 1 person can edit another person's posts?

Saw this out there on the forum page - Please welcome new moderator - Mike from back east.

[TornadoAlley]

Originally Posted by thisguy

Hmm, sounds like SC is to NC what Mexico is to the US cheaper labor and cheaper land hah!

Are there a lot of lakes in north or northwestern SC (I know I could google this but since you did the legwork). Here in MI lots of people have lots "up north" meaining you drive up north 3-5 hours to get to a cottage on a lake for weekends, so maybe the opposite will happen for those in NC as wealth increases in that area (seems they go to Asheville or the ocean coast) But those places have already been discovered and priced up. So maybe lakes are the next places to buy and get a relatively good deal. I noticed in Raleigh area the few lakes had pretty much no development on them and when I asked realtor she said they pretty much preserve the lakes for ALL the people (public access) which in a way I really like instead of giving it to the relatively wealthy who get the lake front lots and everyone else is stuck with a only being able to bring a boat on the few hundred yards of public access on a big lake. But it is weird to see lakes in the middle of a metro area with TREES completely surrounding it and not $700K waterfront homes. Charlotte it seems the opposite, they have developed the lake front to individuals.

Tornado Alley if you can PM me any specific lakefront you looked at (name of lakes) I am just curious how far they would be from Raleigh... even if you can buy a lot today for $15K and sit on it if you cannot afford to build a house today it seems like a good investment. There is only so much waterfront property in the US, and you cannot really "make more" (aside from those fake man made lakes)

Let me find it...... PM sent.