Posted: Wednesday, April 22, 2009
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In a recent article in the
Lexington Chronicle, it was reported that there is a battle going on in regards to the water levels for
Lake Murray. As you may or may not know, Lake Murray water levels are controlled by a dam, operated by SCE&G. One group, the SCDNR wants to lower the lake more to increase the flow of water into the Lower Saluda to improve the spawning of striped bass. Their opposition, the lake Murray Association feels that this drop in lake levels will not only have an adverse effect on
Lake Murray Real Estate and
Lexington SC Real Estate but also have a significant economic impact. We'll just have to wait to see what the final outcome is.
LEXINGTON SC HOME SALES STATISTICS
The
Lexington market saw a huge spike down this week in listings and sales numbers were down some as well.
Irmo sales and listings were both up making positive ground.
Lake Murray activity still remains relatively slow.
Chapin was down from last week, but dom did go down some.
Columbia and
Northeast Columbia were mixed over last week, but held their ground fairly well. The year over year data suggests that the market is getting better, which is a positive sign for everyone!