How strong is the recreational property market?

The recreational property market has been soft over the past couple of years. So what is going to happen in the upcoming year? Good question. Here are a few facts: Lake McGregor Country Estates was the busiest spot for construction last year with 12 new cottages at the resort. Buyers like to see activity, not stagnant lots, so one would expect that to help things out a bit. Personally, I think that if we can get one or two sales going early in the year, it will start a bit of a trend and the market will pick up. The residential market gained strength last year, and the recreational property market is 12 to 18 months behind that, traditionally. Plus, Magnuson Realty Ltd. is starting to advertise the resort on the radio in March, so more exposure is going to help.