What to expect in 2017?

The real estate market has been soft over the past several years at the resort, (well actually recreational property in Southern Alberta period) so what do we think is going to happen this year? Well, there are going to be people who want to sell, and many of those people have been trying to sell for over 12 months now. There are also going to be people who will want to buy. Those potential buyers are going to be picky, and most likely, are not going to be in a hurry. They will be able to take their time to shop around. This is where sellers are really going to have to stand out from their competition (other sellers), in order to catch the buyer's attention. Sellers are going to have to have their property looking WAY above average, and they are going to have to be VERY competitive on their pricing. Any buyers now, who are looking for recreational property, have likely been saving their pennies, or I guess we should say nickels now (pennies are no more), and those people have been very cautious with their money. They did not ride out this downturn in the economy with some disposable income in their pockets by spending carelessly. They are smart and they do their homework. They will know a good deal when they see one, and they know when properties are priced too high, and when a property is ripe for the picking. Buyers, this is your chance to shine, with not much competition on the market...yet. Sellers, if you really want to sell, it can be done. Are you ready to work for it?