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Winter coming quickly!

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Blog by Doug Treleaven | October 24th, 2016

I was talking to a client this morning from Toronto. Mr. G.T. He is finishing up winterizing his cottage, packing away his golf clubs, mountain bikes, etc. He was asking about all the information regarding the new snowfall reported last week. Looks like the word is getting around that Whistler will be having an epic snow year! His friends are trying to book holidays for this Christmas here and everything is SOLD OUT! It has been awhile since we have had such a high demand for our Whistler resort. A few things at play here. Less and less inventory available as the erosion of available units to rent have slowly disappeared over the last 5 years to full time Whistlerites as attached housing became so expensive. The Vail Resorts acquiring Whistler Blackcomb Mountain with current passholders from the U.S. receiving 5 full days of winter bliss on our mountain, some will be here for the first time. As this reciprocal program grows from year to year, and it will if the snow continues, the U.S. property purchaser will be looking for more inventory to buy at higher pricing. With inventories already at an alltime low, should be interesting results. This will be a mixed blessing, depending which side of the fence you are on, a Buyer or Seller. Outside of the real estate, Whistler is looking good with a lot of fresh powder already in the backcountry and up top of the mountain. Time to work on your snow sports, hope you have your accommodation lined up already.