Beaver Lake Topics: Its happening everywhere
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I would say that only those who are forced to sell will lower their prices. Same as the beach. Those who are gamblers will look for good investments and see great gains in the future. The rich get richer during bad times because they are the risk takers. Some are trying to sell what they have so that they can buy something they want while it is a buyers market. It's just a matter of if someone else is looking to do the same with a little less money. My father-in-law has always said that waterfront property may have it's ups and downs in value, but it will eventually go back up. I have watched this over and over since a teen along the coast. I regretted taking a few of those risk or not being able to afford to take the opportunities put in front of me.
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