Welcome to the Lake

Welcome to the Lake

Wednesday, August 21, 2013

Update for summer 2013

I finally received an offer on an RV lot with a park model this past week. It did not come as much of a surprise though. With similar properties listed in the $160,000+ area, and this property listed at $130,000 (in good condition, not rundown - just priced to sell), it proved my point in that there ARE buyers out there. They are just waiting for a bargain. We now have a conditional sale on a property that we had not even really advertised yet, while we have other properties that have been on the market for 1 year and longer...still waiting for an offer. No one wants to lose money on an investment. I have no problem with people wanting to make a few bucks either. However, the market is what it is, and if you want a sale sooner than later, it better be priced accordingly. Otherwise, properties are going to sit.