Welcome to the Lake
Friday, December 28, 2012
Year in review
2012 caught me off guard a bit. What I mean is that the market seemed slow, but we made quite a few sales at the lake. I will not have the final numbers until January, but I am curious to see exactly how things went.
When people would ask me how the market is at the lake, I would usually answer that things were slow, could be worse, but could be better. Then I would think back and see that hey, we sold one or two places per week in August, and the spring was not too bad either. We actually sold a few of the developer's lots, something that we had done in a couple of years.
In 2013, I know that there are plans for some new cottages to be built at the lake. I also know that some people who own cottages at another resort are now looking for a new place to relocate, as their leases will not be renewed. This could have a huge effect on our sales activity!
I know that there are properties at Lake McGregor Country Estates that have been on the market for over two years, and we have not had a bite with them. I think that 2013 could change that. In fact, I see 2013 as a very busy year at the lake!
With our market about 12 to 18 months behind the Calgary market, and the Calgary market making some gains last year, this should result in an increase in activity out here. And that is not taking into account the people who are getting the boot and having to move their cottages from that other resort.
Do I think that we will sell out of phase one this coming year? No. But I do hope to see more sales happening, and that we can finally get those lots moved that owners have been so patiently waiting for us to sell over the past couple of years. It is not fun when you see the long faces that people have when someone chooses anther lot over theirs. Hopes get built up sometimes, and are then dashed when a potential buyer decides to go elsewhere.
In 2013, my goal is to put more buyers and sellers together so that they can reach their goals and enjoy the years to come!
Happy 2013!
Subscribe to:
Posts (Atom)