Housing Market Slowdown

FlyingScot · 09-06-2025, 08:58 AM

Arcadia sounds great!

On lake properties in general, I do not think values will fall significantly, for two reasons. First--waterfront, like other super premium land, has skyrocketed away from the rest of the market, and everybody knows the supply is finite, it has become a distinct market without connection to normal buying and selling. Second, almost all of the recent waterfront transactions have gone to people who are rich, not stretching to afford it (no one stretches to afford a $2MM second home). So financially, it's just one piece of their overall portfolio.

But of course, I do not have a crystal ball...

09-06-2025, 08:58 AM	#4
FlyingScot Senior Member Join Date: Jun 2016 Location: Tuftonboro and Sudbury, MA Posts: 2,620 Thanks: 1,458 Thanked 1,088 Times in 679 Posts	Arcadia sounds great! On lake properties in general, I do not think values will fall significantly, for two reasons. First--waterfront, like other super premium land, has skyrocketed away from the rest of the market, and everybody knows the supply is finite, it has become a distinct market without connection to normal buying and selling. Second, almost all of the recent waterfront transactions have gone to people who are rich, not stretching to afford it (no one stretches to afford a $2MM second home). So financially, it's just one piece of their overall portfolio. But of course, I do not have a crystal ball...

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