Welcome to the Lake

Welcome to the Lake

Monday, November 7, 2016

Sales so far in 2016

So far in 2016, sales at Lake McGregor Country Estates have been very slow, according to the Calgary Real Estate Board (CREB) statistics. There have been three sales so far this year at the resort. This compares to two sales at Little Bow Resort, just south of McGregor Lake. Lake McGregor Country Estates has nine active listings at the moment. This does not include for sale by owner properties. Little Bow Resort has fifteen active listings currently on the market, not including for sale by owner properties. The weak economy is taking its toll on the recreational property market. It has been like this for a few years now. There are buyers out there, but, as I have said over and over before, they are sitting back and waiting for a really good bargain before they make any moves.

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