Ontario’s hottest cottage real estate markets of 2020

By: Marilyn Rogers

Ontario’s hottest cottage real estate markets of 2020

Following is an excerpt from an article Marilyn was quoted in that appeared on Cottage Life's website in late July, "Ontario’s hottest cottage real estate markets of 2020" By Andrew Cruickshank...

Buy, buy, buy. Real estate agents across Ontario are being overwhelmed by buyers interested in purchasing a piece of cottage country. But inventory is limited. It’s a “seller’s market,” says Marilyn Rogers, a real estate agent who operates out of the Kawartha Lakes and Haliburton areas.

When COVID-19 hit, the market slowed for Susan Benson, a real estate agent out of the District of Muskoka. She says there was concern the trend would continue into the summer. But in late spring, the market took a turn, heating up more than ever. “It caught us by surprise,” she says.

The pandemic has a lot to do with it. The three agents we spoke to all agreed that while international travel remains risky, city dwellers are searching for a domestic escape.

As a result, demand is higher, sale prices are skyrocketing, and properties are being snapped up quickly. To give you a better understanding of the current cottage market, we’ve listed four of Ontario’s hottest cottage real estate areas and why they’re booming.

Read more here...