Page 1
Page 2
Page 3
Page 4
tInThisIssueFallWinter2014Issue3-Volume3Coverstorycontinuedonpage4BrokerstorycontinuedonPage2PAGE1Aroundthecountrythepaceorecreationalrealestatesalesisincreasingandwithdemandontheupswingtherearesignsthatpricesmaysoonbeontherise.ThatstheupshotrommidyearreportsbytherecreationalrealestateexpertsinthePotlatchPreerredBrokerNetworkmarkingthecontinuationo2013trendsrecentlyreportedbytheNationalAssociationoRealtors.TheNARreportnotedthatvacation-homesalesjumped29.7percenttoanestimated717000lastyearcomparedto553000in2012.NARsestimatesarebasedonresponsesromhouseholdsanddonotincludeactivitybyinstitutionalinvestors.ThesalesimprovementwasnosurprisetoNARChieEconomistLawrenceYun.Growthintheequitymarketshasgreatlybeneftedhighnet-worthhouseholdstherebyprovidingthewherewithalandconfdencetopurchaserecreationalpropertyhesaidinanNARnewsrelease.WiththisinmindherearefvetrendsPotlatchbrokersareseeinginthemarket1.Withtheeconomyimprovingmorepeoplehavedecideditstimetobuy.ManypeopleeelmoresecureintheirjobsandmoreconfdenttheycanmakeinvestmentssaidRickMusickoUnitedCountryMusickSonsinGrangevilleIdaho.2.Recreationalpropertycontinuestobeapopularoptionforinvestingforthefuture.TherecessionputalotodreamsandaspirationsonholdandnowaterrecoveringsomeotheirlossesinthestockmarketpeoplewanttoconvertsomeequityintotangibleassetssaidRodOsterlohoCloseConversePropertiesinBrainerdMinnesota.3.TotakeadvantageofrecreationalopportunitiesbuyingpropertyintheFallmakesalotofsense.FallisalwaysastrongseasonorbuyingMusicksaid.PeoplewanttohuntintheallanditsWhoisBuyingRecreationalRealEstateWhoisBuyingRecreationalRealEstateStateSpotlightIdahoBrokerNewsDirectoryofPotlatchPreferredBrokersQuestionoftheMonthBrokerintheWoodsCharlieChernakNEWBrokerintheWoodsCharlieChernakPotlatchPreerredBrokerCharlieChernakspassionorhuntingbeganatage10whenamilymemberstookhimpheasanthunting.Ilovedithesays.Justbeingoutsideandspendingtimewitholderguys.Whenaskeditheyuseddogswhilehuntingpheasanthelaughs.Nodogs.JustsonsNowater50yearsohuntinghestheelderstatesmaninmosthuntingparties.Itsaroleherelishesandhisenthusiasmorthehuntremainsundimmed.Hestillremembersthethrillogettinghisownshotgunat16.Foryearshedhadtoborrowhistwoolderbrothersguns.ThoughhegrewupinChicagohespentalototimeonhisgrandparentsarminWisconsin.Hedtakeointothewoodsandhuntsquirrelrabbitandothersmallgametohisheartscontent.IncollegeChernakdiscovereddeerhunting.Itsstillmyavoritehuntinghesays.NEWTherearemorepeopleinthemarketlookingforlandandtakingadvantageofthelowerprices.