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Feb 19 2014 Winter Market UpdateSales at the Lake, along with other parts of the country, have shown a decrease in transactions in part due to weather. In 2013 for the time period of Jan 1 to Feb 19, there were 199 sales closed reported in the shared MLS. In 2014, the number of closed transactions were 148. Lakefront homes show modest increases while non lakefront homes and condos showed the largest loss by category. Challenges of limited inventory and new finance regulation will apply pressure to sales but, don't worry! Warm weather is on its way and I expect the sales to top 2013. Think spring!