January to now...an update

The recreational property market is still soft. Yes there has been some interest with one cottage sold at the lake and it looks like another is pending, but we are still in a soft market. 2012 had a slow start too, but then we ended up with 20 sales at the lake for the year. Do I see things picking up? Yes. When? Good question. Last year it was not until the summer that we really saw some good sales activity. Perhaps it will be the same this year. Buyers are shopping around, but I still see them as being somewhat hesitant to make a decision. And why not? There is not pressure to buy. Interest rates are low. There is plenty of selection. There is not a lot of competition. However, when they see a bargain...stand back because there will be a stampede! Just my opinion.