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Irish mist · 07-26-2007, 10:35 PM

I suspect prices will fall another 5% or so in the next year jetskier......but I can't really see a free-fall happening in the Lakes Region RE market with the demographic tidal-wave of baby-boom retirement just starting, and more and more people moving up here year-round.

What's happening in the Lakes Region is a fundermental transistion from a tourist economy to a retirement meca, and year-round living area. People are pouring into the area from all over the nation......whereas in the past it was mostly Massachusetts folks coming up here.

I think the next year or so is a great time to purchase a place up here. I expect the area to be red-hot in 2 or 3 years again. The boomers, by their sheer numbers, will change eveything. Demographics is destiny, and the largest group of boomers are still in their late 40s.
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07-26-2007, 10:35 PM	#12
Irish mist Senior Member Join Date: Dec 2006 Posts: 686 Thanks: 128 Thanked 85 Times in 49 Posts	I suspect prices will fall another 5% or so in the next year jetskier......but I can't really see a free-fall happening in the Lakes Region RE market with the demographic tidal-wave of baby-boom retirement just starting, and more and more people moving up here year-round. What's happening in the Lakes Region is a fundermental transistion from a tourist economy to a retirement meca, and year-round living area. People are pouring into the area from all over the nation......whereas in the past it was mostly Massachusetts folks coming up here. I think the next year or so is a great time to purchase a place up here. I expect the area to be red-hot in 2 or 3 years again. The boomers, by their sheer numbers, will change eveything. Demographics is destiny, and the largest group of boomers are still in their late 40s. ________ Rhode Island Medical Marijuana Last edited by Irish mist; 02-27-2011 at 10:54 PM.