Airbnb Collapse & The Lakes Region?

TiltonBB · 07-06-2023, 09:17 PM

The market in general may have it's ups and downs. I think Winnipesaukee waterfront homes are a little different because of the limited supply. I have not seen the prices drop as much as the non waterfront homes when the market drops and they seem to be at the top when prices increase.

The current 7% mortgages will have an effect on much of the market but many people buying waterfront homes are paying cash.

In my Florida neighborhood, and it is a new neighborhood of 800 homes, I understand that 62% of buyers are paying cash. But the demographic may be mostly older and retired people so that certainly affects the number who can pay cash.

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07-06-2023, 09:17 PM	#1
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 3,160 Thanks: 749 Thanked 2,277 Times in 986 Posts	The market in general may have it's ups and downs. I think Winnipesaukee waterfront homes are a little different because of the limited supply. I have not seen the prices drop as much as the non waterfront homes when the market drops and they seem to be at the top when prices increase. The current 7% mortgages will have an effect on much of the market but many people buying waterfront homes are paying cash. In my Florida neighborhood, and it is a new neighborhood of 800 homes, I understand that 62% of buyers are paying cash. But the demographic may be mostly older and retired people so that certainly affects the number who can pay cash.