Welcome to the Lake
Friday, June 21, 2019
First Day of Summer
Today is the official first day of summer. The docks are in, the outdoor pool is operational, and people are enjoying life at the lake. The market has seen a few properties trade hands, but the market is still much like previous years, it is weak. Provincially, the residential real estate market is seeing a large amount of inventory with a small number of potential buyers shopping. Commercial property owners in the cities are seeing their property taxes grow faster than they would like. It is putting strain on those owners. Recreational property owners in Vulcan County are expressing their concerns about their high tax bills. There is a group of recreational property owners from Lake McGregor Country Estates, Little Bow Resort, and other areas that are trying to work with the County to help address the situation. It will be interesting to see how everyone makes out.
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