Beginning skiers know pizza and french fries very well. Pizza is the wedge shape you make your skis when you want to go slow. French fries make your skis parallel to go faster. Summit County home sales slowed like a pizza wedge on the slopes in October, and really, for nearly the entire 2022 year. […]
Lowest Interest Rate Mortgages Still Available
With mortgage rates climbing more than 3% so far this year, it is tricky to get the lowest interest rate mortgages these days; but not impossible. Business has slowed dramatically and solutions to find the lowest interest mortgages are necessary to encourage buyers to buy in this high rate environment. Some mortgage brokers are bringing […]
22-23 Ski Season Underway!
The 22-23 ski season is underway! This season A-Basin claimed the first to open title with an opening day of October 23rd. Keystone has announced their opening on October 28th and Winter Park on Halloween day. Winter Park actually has a scheduled opening of November 17th but has jumped the line opening with limited terrain. […]
Summit County Homes Take Longer to Sell
It Pays to Convert your Short Term Rental to Long Term in Summit County
Is your short term rental (STR) income slowing with the economy? Are you no longer using your Summit County home but aren’t ready to sell. Do you want to help the locals with the current housing shortage? If you are answering yes to any or all of these questions, you may want to consider converting […]
Slow Real Estate Sales in Breck and Surrounding Areas Continue
August adds a few more sales to the 2022 residential real estate sales. However, it’s not enough to change the path of slow real estate sales in Breck and other Summit County towns. Higher interest rates, concern about the economy and low inventory levels are keeping buyer demand low. We are seeing pressure on pricing […]
Short Term Rental Cap in Frisco, CO to Go to a Vote
The Frisco town council has decided to limit the number of properties that can be short term rentals within the town limits of Frisco, CO. Review and potential approval of the new short term rental cap in Frisco will happen at the end of September and likely implement immediately afterwards. Short term rental cap At […]
Labor Day Ski Sales Best to Buy New Ski Gear
Summit County Home Sales Fall Fast
Summit County home sales fell fast in July. While June had moderately disappointing sales numbers, the bottom fell out in July. The number of Summit County home sales in July were more typical for January and February, some of our slowest months. As a result of fewer sales, homes are on the market longer now. […]
A Good Time to Buy a Summit County Home
The real estate market is in transition. I don’t think anyone would argue with that statement. So now that it is in transition, should buyers be moving forward with a home purchase? Is this a good time to buy a Summit County home? There are several factors to consider before answering this question. Home prices, […]