Housing Market Slowdown

[tis]

Originally Posted by Biggd

I'm 72, My wife and I went thru the same stage at your age. We had a lake home on Winnisquam but with the kids in serious sporting activities we rarely got to use it. We sold it and rented one week every year until they graduated high school then purchased again, no regrets.
Now 11 years later our grandchildren are in serious sports, and we can never seem to get them to come up to the lake. But I'm not selling this time, this is my time.
Life goes through stages, not everyone has their kids in sports but that is a lake home killer.

It's true about the sports. Yet many kids in our neighborhood learned to love the lake and have grown up and come back to live. I have always worried though that more and more people will say it's not worth the work and the expense, especially the taxes which you can never get paid off, for a few months a year. Maybe there will always be buyers, who knows?