Cottage lot sales

After a very slow spring and summer for cottage lot sales, we finally have had two sales within the past couple of weeks. And we are getting more and more interest. Perhaps people have had their fill of camping this year and are ready to make a more permanent move.

Fall Meeting 2008

The fall owners meeting will be held on Saturday, September 27, 2008 at 11 AM in the clubhouse.

The Community

One of the great features at Lake McGregor Country Estates that we don't read about in the newspapers is the community. The resort has many activities for everyone. For example, last month there was boat poker. Today is the monthly potluck dinner. From May to October, a potluck dinner is held at the clubhouse for owners to meet one another and catch up on some visiting. (also some good eatin'!) Other events include Christmas in July, crafts for the kids, and a Thanksgiving Dinner with turkey and all of the trimmings. The clubhouse is a great place to meet and greet and share some good old family time which is a precious gift.

Green, Green, Green

Mother nature has sure been keeping things green at Lake McGregor! It looks beautful out here...more than usual!

Cottage lot sales have been slow this year. This seems to be a common trend in other local recreational property markets as well, including Little Bow Resort and Lake Newell. Why? This is a reflection of the general real estate market in Western Canada. Experts suggest that this is a correction in the market, as sellers have had it very good in the past 6 or 7 years. Our market is getting to be back to "normal". As my university economics professor said, "Everything goes in cycles". Once again, great time to be a buyer!

Food for thought

Someone was quoted in stating "Many people wish to wait until next year, when prices may be lower, which of course, is a risk in and of itself. Prices may be lower, or may be higher. How many times have you waited for that special sweater at your favourite store to be marked down, only to discover that it was snapped up by someone else before you had the chance to purchase it?

If may be a simple analogy, but the principle is the same: Sometimes you snooze, you lose. If that's okay with you, then go ahead and wait it out. Hopefully you won't want to kick yourself a year from now.

The truth is, none of the experts can accurately predict the real estate market any better than the experts can accurately predict the stock market or what as prices will be a year from now. If you purchasd real estate in 2006 or 2007, you most likely got a great home at a terrific price with a low interest rate. Provided you stay in your home for several years, you will benefit when property values eventually rise again.

If you are selling now, you may be selling a little lower to buy lower. Same as a year or two ago, if you were selling, you were selling higher, but more than likely buying higher as well.

After all, it is a good time to buy!

Tired of high gas prices?

Well, I may have actually been correct with a prediction! With the price of fuel on the rise, I thought that the bare RV lots that we have listed at the resort would not last much past the May long weekend. We had five bare RV lots listed, and as of this morning (Saturday of the long weekend), there is one remaining for sale. Not bad!

There are people coming out to look at the cottage lots as well. It is exciting to see all of the new cottages being constructed, There are some really nice places going up! I anticipate more action after the weekend, as people come back home with the realization of how expensive it is to pull the trailer out for the weekend. At Lake McGregor Country Estates, you have your own lot to come to whenever you want, a clubhouse with swimming pools and more, plus the resort's private marina, beach and boat storage area. Hmmmm...something to consider maybe???

Spring Meeting

The first meeting in 2008 for the lot owners at Lake McGregor Country Estates will be held at the clubhouse at 10 AM on June 7. See you there!