http://bestrealestatelakenorman.com/lake-norman-real-estates-january-2009-sales-analysis Lake Norman, NC real estate, homes, waterfront properties Fri, 20 Jan 2012 14:00:45 +0000 hourly 1 http://bestrealestatelakenorman.com/lake-norman-real-estates-january-2009-sales-analysis/comment-page-1#comment-915 Lewis Salem Wed, 11 Feb 2009 14:25:30 +0000 http://bestrealestatelakenorman.com/?p=2513#comment-915 I still think many of the values are way too high. Some people who payed $600k in 2004 expect to get $900k five years later. Values will return to pre-2004 levels. The amount of short sales and foreclosures on the lake are telling. If you want to sell, lop 100k off the price. I still think many of the values are way too high. Some people who payed $600k in 2004 expect to get $900k five years later. Values will return to pre-2004 levels. The amount of short sales and foreclosures on the lake are telling. If you want to sell, lop 100k off the price.

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