Quote:
Originally Posted by Lake Fan
For the past few years there have been very few island properties listed for sale. All of a sudden there are several, with others showing up almost daily.
With prices for even a pretty basic island camp approaching one million dollars, are owners figuring it's time to cash in? My dad bought our island property in 1970 because it was affordable. More than one person told him he was nuts.
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It has been a slow season for island listings and closed sales. Only a couple have closed and a few have been contingent for a while that should close soon. Well below normal.
Late last week stuff finally started coming online and a few are already contingent. Its that time of the season where people know that if they sell it won't close until after labor Day so they don't close the end of summer.