RIchland Chambers Lake Summer Market Makes a Splash!

 Whoa Nelly!!  The best way to describe the last few months for us and this market is Richland Chambers Lake Mania. 

As on August 10, 140 sold lake lot listings. And  53 pending lot listings  in last 60 days.

We have never seen anything like it and I am not sure if we ever will again! 

The amount of inventory built up over the last 10 years, quickly dissipated 

In a flurry of Covid 19 motivated escapes from the City and the perceived dangers there.

The travel challenges imposed on the masses have motivated buyers  to rethink a lake place,

A place away for the city….a place to go where they can work in a peaceful setting with an alternate reality.

Due to inventory shortages, and low mortgage rates, prices are up. Yet sellers are not selling and reluctant.

We are now in the dog days of summer(August) which has traditionally been a slower month to sell.  But not the case now! 

With the number of homes that went into forbearance for the Covid 19 Crises, we will begin to see foreclosures as early as next year.  This is will change our market.  But  for now, and for the lake area, traditionally foreclosures have not been

Part of our market and I hope it remains that way.

What does this mean for us?  Our lake is a changing.  Construction starts are way up!.

Boat traffic is up and we are seeing the changes before our eyes….

Richland Chambers Lake is no longer “The best kept secret in Texas”  

It is the place to go to escape!

If you need to buy or sale during this flurry of activity, there are a couple of things to remember.

If you are a buyer, it is important to research agents and hire someone that has local market knowledge.

There are many pitfalls that can be avoided by shopping with a a lake area expert that is in tune with the 

Ins and outs of all the different areas and subdivisions. 

If you are a seller, NOW  is  the best possible time to put your best foot forward and grab a buyer. 

 

We can help you navigate the process as painless as possible and help you in getting the best return 

For the investment you have made in your lake area property!

Call us if you are just tinkering with the idea, it may just be the time to make the move you have been contemplating!

According to Zillow, we have seen 25% less inventory the summer.  Some are thinking not a good time to sell..?

Julie Teel 8/2020

 

 

Rescue the Rescue Boat on Richland Chambers is a Success!!!

Thank You to our great community for your generosity!! 

RC 287 Firefighters putting up a new sign, Thanks guys!!

Wow!! Thanks to everyone who donated! Thanks to all the volunteers for their unflinching hard work!  Thanks to all who ran the Poker Run!  and Thanks to everyone who showed up to eat, check out the auction and listen to the Band. 

Miran, Dwight and John cooking burgers

Our wonderful community donated, volunteered and participated.  There were 111 Poker hands played and we fed 190 hamburgers. The final total of cash donations, entry donations and silent auction proceeds was over $22,000.00. ALL of which went straight to 287 RC Fire and Rescue.

Volunteer Michael Landon grabs a burger

Darryl Medford of Fisherman's Cove Lodge generously donated a 9000 lb Hydro Hoist boat lift system and Northshore Marina has relocated the Rescue Boat Slip to the deep water end of the docks.  
Firefighter Miran Sedlacek said "We were flat on our rear, but now we are firmly on our feet!"

Volunteer Helen Arrowood on the "Floating Stop" during the run

RC 287 maintains and mans the only rescue boat on Richland Chambers Lake.  If you're in trouble on the water and call 911 these guys are the first responders. Julie and I wanted to do a Poker Run on the lake and when we learned of the Fire Department's need "Rescue the Rescue Boat" was born.  

Volunteer Mike Frankos calls the Poker hands

John Gantt of 287 RC said "We went out on a limb and took out a loan to buy the motor and fix the boat hoping for community support. It was a big risk but the community came through for us."  RC 287 Fire and Rescue is a total volunteer organization and they are funded only by donations and grants.  Without the fine people in our community they would not exist.

Click here to see the Sponsors 

We appreciate everyone who donated, I apologize in advance if I've missed someone

Hoping to be the lucky one!

So again a huge Thank You to everyone who helped make our first Fund Raiser a huge success. Also a shout out Thanks to my bandmates in The FOG; Vernon, Gary and Brad (who didn't realize this wasn't a paying gig). (They really didn't care)
Julie and I are hoping to make this an annual event to benefit the Richland Chambers Lake Community.

Checking cards, looking for the winning hand

Winning Hands

Chris and John Gantt

Having a good time listening to The FOG

Fun, Fun...

Yours truly 

The Rescue Boat