b'lakehouse & landWant to advertise here? Contactus at lkalife@earthlink.net REAL ESTATE NEWS ROUND-UPThird Quarter of 2019 Continues Upward Trend, Prices RisingBY LIBBY SANDRIDGE haveatotalof27withseveninsteadofawateraccess. The of them pending and still morebottom line is, it is a great time T he Lake Anna real es- time to sell. Access lots are do- to sell and buy at the lake.much tatemarketcontinuesing well too, currently 40 sold so Once again I want to remind tosoaraccordingtofar and last year there were 51youthatLake Annahas therecentdata.Lastfor the entire year. We also havetoofferandcanaccommodate year there were 105 waterfronta healthy inventory of waterfrontmostallbudgets.Fromsmall homes sold and so far this yearandaccesslotsavailableandfishingcabinstothehighend we have 74 sold and 26 pendinglots of unique neighborhoods toluxuryhomesandeverything for a total of 100 with five morechoose from. inbetween. Wecurrentlyhave months left in the year.There Thecurrentmarketdataismanybeautifulwaterfrontand areatotalof95waterfrontdefinitely a sign of brighter daysaccess lots to choose from too. homes currently on the marketahead for the Lake Anna market.So the time is right for you to get so buyers have lots of options.According to other reports Vir- everyone together and come ex-However,accesshomesareginia is experiencing a very hotplore what Lake Anna has to of-falling behind last years num- real estate market especially infer your family. ber mostly due to a shortage ofnorthern Virginia. Here are some recently noted available homes.Housing prices are expectedadvantages of owning a second We currently have only 57 ac- to continue to rise and this canhome at the lake: cess homes on the market. Lastonly mean good news for Lake1. Additional income, the rental year there was a total of 143 ac- Anna. Buyers can also be excitedmarketisverystableatLake cess homes sold and so far thisabout the rates after all it wasntAnna. Schedule your time at theHomes and land are selling briskly at the lake this season.year we have 75 sold with 12too long ago that everyone waslake,renttheremainingtime pending making it a total of 87.predicting rates in the 5s. How- and let your home pay down thecommute from DC, NOVA, Fred- available so speak with your CPA Landsalesarealsoontheever the current rates are in themortgage.ericksburg, Richmond and Char- to make sure you take advantage rise and builder are buying and3s and may drop lower, some2. Your home also helps to buildlottesville.MarylandResidentsof every dime! building spec homes at a higherare predicting the upper 2s.personal wealth as your propertyenjoy the 2+ hour commute.5. Purchase now for vacation and rate since the housing crash ofForbuyersthiscouldmeangrows in value.4. There are tax advantages ofconvert it to your fulltime retire-2008.thedifferenceofpurchasinga3. Vacation on demand! Location,owning a second home such asment home.Last year 28 waterfront lotsfour bedroom home instead of alocation! Lake Anna is centrallythemortgageinterestdeduc- 6.FulltimeorparttimeLake soldandsofarthisyearwethree or even a waterfront homelocatedandjustoveranhourtions. Other tax advantages areAnna is a good investment! LKALake AnnaBegin your search for properties at Business DiscoverLakeAnna.com Partnership Liz SellsLinda Fosdick LAKE ANNA Lake Anna!LOVE WHERE YOU LIVE Licensed in the Commonwealth of VirginiaMulti Million Dollar Sales Award WinnerAssociate Broker Gold Team MemberThen call or email me at Buying or Selling540.872.6556 Your Lake Anna Area SpecialistLake Anna Life & TimesLate Summer 2019CERTIFIED INVESTMENT AREA SPECIALISTLinda@DiscoverLakeAnna.comLibbyDave Guna Realtor Lets Go5736 Courthouse RoadFishingSpotsylvania, VA 22551ForA540-226-6475Great LakeLIBBY ABR, CIAS Liz Wilson Lake Anna Island Realty PlaceSANDRIDGEForAssociate Broker, ABR, CSP, GRI540-903-9428 (c) You! 540-223-0350 www.LizSellsLakeAnna.com Lake Anna 540-894-4400 (o) libbysandridge@comcast.netBusinesswww.Liz.LNF.com8 Partnership Dguna@liveatlakeanna.com Visit. www.homesatlakeanna.com'