Welcome to the Lake

Welcome to the Lake

Wednesday, July 16, 2008

Green, Green, Green

Mother nature has sure been keeping things green at Lake McGregor! It looks beautful out here...more than usual!

Cottage lot sales have been slow this year. This seems to be a common trend in other local recreational property markets as well, including Little Bow Resort and Lake Newell. Why? This is a reflection of the general real estate market in Western Canada. Experts suggest that this is a correction in the market, as sellers have had it very good in the past 6 or 7 years. Our market is getting to be back to "normal". As my university economics professor said, "Everything goes in cycles". Once again, great time to be a buyer!