The Lake Market is Heating up! For those of you who are trying to call the bottom and buy at the bottom, you will have to look in the rear view mirror. This years lake market has made the turn. The first thing that happens in a market that will rise is increased traffic. We have seen so far this year to date a 20% increase in buyers, that has translated into a 10% increase in pending and closed sales on the lake. This year will probably stay flat in terms of price, but next year because of this years performance you will see a rise in price, and interest rates are starting to rise as well (very modestly). To This date 24 lakefronts closed, 7 pending, and 75 lake rights houses closed and pending as well. So if you want that great deal, start looking now! Get in before the increase in price and interest rates. This is the Time to get that lake vacation home.
Hi Everyone... 2018 was a Great Year On Lake Wally! 2019 looks like a repeat! The buyers are out again, interest rate are still at historical lows. Winter is finally gone, sunshine has come back to make us all smile again. So lets get together and see some lake houses to get you into the fun by summer! And if you are looking to sell your lake property or buy your lake property please think of me... Dave Rottkamp ... Your Lake Specialist!