The market so far in 2015

The price of oil has dropped and that has some people nervous. If you are not planning on buying or selling, it really does not mean a whole lot to you with regards to the recreational property market. However, I do have clients who have had their property on the market for some time already, and with the falling price of oil and talk of a recession, they are dropping, or considering dropping their list price. They are even more motivated to sell now and are willing to drop their asking price to get their property sold. This, on top of the already slow recreational property market, could make for some good buys for those looking to "buck the trend", and purchase while people many people are selling. Could make for a very interesting spring market!