2014 Lake Geneva State of the Market

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Thank you. Thank you, too. No, thank you! You’re the best. Thanks.

I cannot begin this address with the standard refrain, “My fellow Americans”, because my clients ask that I find them international buyers, you know, like those Realtors in Miami and Manhattan and Beverly Hills and Tahoe. So, I offer you a greeting, posed blandly, in hopes of capturing that buying interest from the scores and scores of International buyers seeking a retreat in the Midwest: My fellow Humans, those prized long tenured lake lovers, those recent converts to our religion of lake living, and those new buyers who hail from Winnetka and Dubai, today in Lake Geneva some snow sculptors put on one extra layer of long underwear before heading out of their hotel room door.

An architect put his pencil to paper, intent on designing another great vacation home for another discerning buyer, and we shall count this work as a job saved by the bustling Lake Geneva economy. A city worker plowed and pushed so much snow, up over the median and onto the lawn, and he did this without complaining. Later today, a mother from Buffalo Grove will log on to her computer, and she’ll stumble upon this website and her eyes will be opened to the possibility of a Lake Geneva vacation home. This is the promise of America, yes, but it’s the further promise of Lake Geneva. And when this mother searches and strives and brings her family to the lake this summer, and oh so many summers after, this is when the dream of my father, and of her father will have been realized. Of course, that assumes her father dreamt of this in the way that my father did, but still. It’s in these people, the city worker and the snow sculptor and the mother from Buffalo Grove and my father and her father that combine to make the state of the Lake Geneva market strong.

The results of this work, of the street plower dutifully fulfilling his pledge, and of the mother looking and then buying the most perfect lake house, is that our volume has totally and thoroughly recovered from the market tumult of 2008 and 2009. We have regained pricing momentum as well, and it is all but assured that the coming year will be a bright one not just in terms of volume, but in our values as well. We do not shut off our lights, or turn away any weary travelers just because we are content in our own strength. Instead we offer benevolence to the lake weary, to those who toil and labor in cities and in suburbs, and we offer them shelter because that is what we do. How can we call ourselves Americans if we do not encourage those with the means to visit our shores?

The question for us today is actually only for you. It is not for you if you’re content with your vacation home ownership here. If you splash your way through every summer, this is not a charge that you need to consider because you have already passed this greatest test. The question today is for those who sit at their computers, who sit on their couches, who spend Saturday wondering what Sunday will bring even though you know it just brings a long line and then brunch. The question is what, exactly, are you doing? Why are you allowing a most un-American complacency to drag down your weekends, when you know that we’re here- the city worker, polishing the streets that we’d like you to drive over, and the mother, picking up corn at the farmer’s market in the morning to cook it lakeside in the evening. We are here, working and playing and living in a most amazing fashion, even while you sit there in that same new chair, obstructing your own path in life simply because you’re scared to venture into the unknown.

But this isn’t the unknown, my friends, this is America, yes, the most pure version of it. This is America, if the entirety of it would be washed in clean water, surrounded by a lush green shore, where every family gets not just an organic chicken from Yuppie Hill Poultry, but also a boat in every slip and some gas in that boat and a few hours to kill. This is what we offer, and in the coming months you must make a decision to join us or forever get out of our way. We can make progress this year, together, but we cannot do this without your help. We cannot simply urge you to join us if you will not make even a modest effort. This isn’t what it is to be an American, to lie and lounge in city apartments and in suburban backyards, this isn’t the sense of adventure that our fore-bearers wished for us.

The point is, there are thousands of Illinoisans who are tired of living like they do. They rise and they work, and they rise and they work. They wake on Saturday and they pretend that this day is somehow different. They rise and think that a Lake Geneva vacation home isn’t for them, because it hasn’t ever been for them. They huddle in their darkest corners, holding tight to their money that they’ve worked so hard to earn, and they fear the things that might happen if they let some of it go. They live as though their pedigree is in question, as though they cannot consider Lake Geneva because of its long enduring reputation as a place for the societal elites. I assure you today, as I will assure you again tomorrow, that Lake Geneva is for everyone, for every make and model, for anyone who wakes on a Saturday and says, “I’m bored here, let’s go to the lake”.

And so I make this decree, by executive order I hereby intend for force every vacation home seeker of some means to at least consider a Lake Geneva vacation home. The doubt that will cause our complacency cannot live under this bright lakeside sun, and so this command today me, your dictat- err, President, shall be followed otherwise there will be severe consequences. We may disagree on the course of value, or on the benefits of one shore over the other, or on which restaurant is worthy of our breakfasting intentions and which restaurants are not, but we can agree that Lake Geneva is the place to be. In fact, it always has been, and it always will be. If we can summon the courage to live in a way that finds our weekends at the lake, then we can overcome anything. May God continue to bless Lake Geneva, and no place else.

About the Author

I'm David Curry. I write this blog to educate and entertain those who subscribe to the theory that Lake Geneva, Wisconsin is indeed the center of the real estate universe. When I started selling real estate 27 years ago I did so of a desire to one day dominate the activity in the Lake Geneva vacation home market. With over $800,000,000 in sales since January of 2010, that goal is within reach. If I can help you with your Lake Geneva real estate needs, please consider me at your service. Thanks for reading.

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