b'PROPERTYP E R S P E C T I V EWinter 2022 | Volume 11 | Issue 2Recreational property sales often do well when the stock market isvolatile. Over time, buying recreational property has proven to be a good hedgeagainst inflation while showing more consistent positive returns thanthe ups and downs of other investments. Also, remember thatrecreational land is always desirable because a buyer can invest and usethe property at the same time. Talk about the economy is Many recreational property buyers pay most or all of the sales price ineverywhere in the news these days, cash, reducing concerns about higher mortgage rates.so if youre thinking about buying In the states where we sell recreational properties, we see a significantrecreational property, you may be percentage of sales done with cash buyers. Buyers are using a numberwondering if this is a good time to of ways to generate funds for purchases, such as selling otherbuy.investments, using a self-directed IRA, tapping into home equity,investing with money from an inheritance, or doing a 1031 exchangefrom another property. From what we are seeing atPotlatchDeltic, 2023 promises to Positive impacts on recreational property sales that began during thebe another strong year for pandemic are still strong.recreational property sales, which With more people able to work remotely, and more focus on gettingshould give buyers comfort that away from urban centers, demand continues to be high for ourthey are making a smart choice.properties in states like Idaho, Mississippi, Alabama, and Arkansas. InIdaho, we continue to see robust interest in developed rural propertiesHere are five trends we are seeing with roads and utilities in place, while sales of rural recreational landthat support our prediction that continue to be active across our entire geographic footprint.quality recreational properties will Interest from recreational property buyers remains solid.continue to hold value and sell The biggest change weve seen is that in some cases, buyers are takingbriskly in the coming year: a bit longer to make decisions. But in general, there remains a steadydemand for rural properties. Judging from positive trends in metrics likeour online traffic, we are bullish about 2023 in recreational land sales.Continued on Page 4'