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Name:	Carnac -	Reply
Subject:	Another APCO forecast
Date:	6/1/2007 10:06:12 AM

I received a communication today from Vicki Jackson of the Southern Company, APCO's parent. It contained the Corps of Engineers initial response to the May 15 request by the Southern Company to allow a significant reduction of APCO's water releases from Lake Martin. In supporting their request for relief APCO forecasts Lake Martin's water level to reach 14 feet below full pool by early August.

I'll try to find this communication on the Corps or Southern Company websites and post the link so that you all can see that it is impossible for any of us to make this stuff up. If anyone is feeding the chicken littles it is APCO. And they may even be right!

Name:	Carnac -	Reply
Subject:	Sorry, John C
Date:	6/1/2007 10:12:54 AM

I just saw your post from yesterday. I should have caught up on the forum's posts so that I wouldn't repeat anything..

Name:	Bamaonthelake -	Reply
Subject:	Another APCO forecast
Date:	6/1/2007 12:22:06 PM

So that would be 476 by Auugst? That is even lower than when they lower the lake in the winter months!

Name:	John C -	Reply
Subject:	no worries - worth repeating
Date:	6/1/2007 12:23:42 PM

- big news always is.

URL: Lake Martin Voice - Email Corps of Engineers

Name:	Osms -	Reply
Subject:	Real estate closings
Date:	6/1/2007 1:44:28 PM

Any idea how many lake home closings in May. Condos?

What in the world is going to be built next to The Village where about 10 acres of wonderful waterfront property was absolutely ruined. Lord, we need zoning. I'll bet the value of Village properties is going to drop at least 20%.

Name:	lakebound -	Reply
Subject:	Link to APCO
Date:	6/1/2007 2:39:53 PM

http://www.alabamapower.com/lakes/iframe_lakelevel.asp

URL: http://www.alabamapower.com/lakes/iframe_lakelevel.asp

Name:	John C -	Reply
Subject:	21 in May
Date:	6/2/2007 6:03:24 PM

21 total waterfront closings in may. 4 were condos

URL: Lake Martin Listings

Name:	LifeTime Laker -	Reply
Subject:	How does it compare to ...
Date:	6/3/2007 10:12:17 AM

...last year? UP, down or about the same?

Name:	roswellric -	Reply
Subject:	I'll bet
Date:	6/6/2007 6:29:39 PM

it's off 30% or more. 4 condo closings? Well how many month's existing supply does that translate to? Gonna be some condobargains next winter.

I read an article by Bill Gross the PIMCO interest rate wizard who says that if the fed does nothing home values could fall ~20%. Of course the Fed can't let that happen for a multitude of reasons. Look for lower interest rates in the 4th quarter.

Sure hope the Chinese and Arabs keep coming to the treasury auctions.

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