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Summit County, CO: Mountain Living Real Estate Blog

The Mountain Living Team

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Displaying blog entries 1-10 of 271

Fantastic new service now available to you!

by The Mountain Living Team

Have you ever been in a neighborhood in Summit County and thought it was a great neighborhood that you could live in?  You wonder if anything is for sale in that neighborhood.  Now we have a service for that. If you already own in Summit County and wonder what is for sale in your neighborhood, we have a service for that.  On the slopes at Breckenridge and want to know if any of these nearby condos are for sale, we have a service for that.  

Mountain Living Real Estate has implemented a new service to keep you in the know with what is for sale in Summit County. Simply text SKI to 59559 to sign up. Then click the link you receive and start a GPS search for Summit County property near you.  The GPS service works best if you are in Summit County but you can also text an address or street name of a Summit County property you are interested in to get more information and see photos.  

No more wondering how much a property is or pulling flyers, just click the link and get information and photos at your fingertips. 

Big Announcement from The Mountain Living Team

by The Mountain Living Team

Jason and Meredith Adams are moving to a new location in Frisco and are no longer part of Coldwell Banker. The Mountain Living Team is setting out on a new and exciting adventure with their own company; Mountain Living Real Estate!  They will be in their new office, still located on Main Street, as soon as the renovations are completed. This venture allows the team to fully develop their real estate company into the vision they see; exceptional client centered services that exceed expectations, promotion of their listings with a mix of traditional and new innovative tactics, spot on market information allowing clients to make informed decisions, and that small town charm that is often lacking in large corporations.

Once the new office at 101 Main Street in Frisco is set up they will be inviting everyone out for a grand opening celebration.  In the meantime Jason & Meredith are still available for all your Summit County and surrounding area real estate needs. You can still contact the team the way you always have via their email, cell phone or the business phone 888-666-0844. You will still get the high level of service and everything you have come to expect from the team but with a new sense of freedom allowing them to grow further in the community and become even better for years to come!

Jason & Meredith also extend a special thanks to all of  their clients:

We consider you our Mountain Living Family; our wonderful past and present clients! Your loyalty to us through the years as shown with your involvement in our client appreciation events, repeat business and many referrals which has been a big part in growing the Mountain Living Family and bringing us to where we are today. So thank you all and we look forward to continuing to take great care of each and every one of you!

 

Get paid to fish at Green Mountain Reservoir

by Meredith Adams

Get paid to fish at Green Mountain Reservoir

Fishing for Northern PikeI should clarify that statement.  You don't get paid just to fish, you get paid to catch.  But that is the goal when you are fishing, to catch fish, right?  You can't catch just any fish to get paid though, you have to catch Northern Pike.  The regular rules apply for all the other fish, you can still catch them, you just don't get paid for those.

Northern Pike have somehow gotten into Green Mountain Reservoir.  They aren't native to Colorado and therefore create havoc to the native fish and plants we have here.  They devour Colorado's native fish which can throw the entire eco-system out of whack.  Because of this, they have earned the designation of an invasive species.  In an order to save our native fish, the Colorado Division of Wildlife has declared war on them by putting a bounty on their heads, literally.  You will get paid $20 for every head of a Northern Pike you catch in Green Mountain Reservoir and bring to the Heeney Marina.  That could easily make fishing for Northern Pike the best summer job ever!

4 Must Do's Before Selling

by The Mountain Living Team

Spring in Summit County is when most of the ski areas close, the snow is still falling but the temperatures are getting warm enough it is melting, and owners start to get their homes ready to sell.

Here are 4 things every homeowner should do when preparing their home to sell.

1. Clean Clean Clean - the property you are selling can never be too clean.  A clean property appears well taken care of and buyers don’t get caught up in the dirt and actually look at the property.

2. Freshen Up - A property that has been well used can look it.  You may not see the scuffs on the walls or dirty carpet any more but the buyers will.  They are seeing it with fresh eyes and will notice things you don’t see anymore.  Consider painting in neutral colors, upgrading appliances & replacing or deep cleaning flooring.

3. Upgrade Furnishings - It may be an odd consideration when you’re selling but the furnishings can make a world of difference in how the home is perceived.  Dated furnishings can make an updated home feel dated. New bedding with throw pillows and a bed skirt can make a bedroom feel much more welcoming. Even a new shower curtain or throw pillows on the sofa can help.

4. Declutter - This one is almost always necessary.  The home needs to look like no one lives there.  The toiletries should not be on the bathroom countertop, the family photos and most knick knacks should be packed up and stored elsewhere ready for their new home.  Even the closets should be cleaned out and organized.  The house should look like it easily holds all your things and shouldn’t feel like it’s bursting at the seams.

 

The Mountain Living Team can help you put your best foot forward.  Call us today.

 

First Quarter Summit County Real Estate Statistics

by The Mountain Living Team

Despite low inventory levels, it’s been a great first quarter for residential real estate sales.  Sales are up over 2016 and the highest we’ve seen in a decade.  Inventory is starting to build so hopefully we can sustain an even better second quarter.

Residential sales in January were great; up 29.9% over 2016 and the most January sales since 2007.  February was not as good.  We actually lost a little ground with a decline of 20.7%.  March pulled the quarter back up with another double digit gain; up 38.5%.  That brought the total quarterly residential sales to 330, up 16.6% over 2016. 

Inventory has been on the rise since mid March.

Inventory has been on the rise since mid March.  It’s still low for this time of year, ideally I’d love to have double the listings we have now.  The increase is starting early this year.  Because there is so little competition right now, properties are coming on the market hoping to find a buyer that has been waiting and get a premium price on their property.   

At the start of April, the type of activity we are seeing in a given week is about 50 new properties on the market, 43 going under contract, 19 price decreases & 7 that were under contract but fell apart and are back on the market. 

The second quarter always has more sales than the first quarter.  The third quarter will have more sales than the second quarter.  Typically the third quarter has the most sales but we have been mixing it up recently with some really good fourth quarters too.  Last year there were nearly 60% more sales in Q2 than in Q1.  We will need, and should get, a lot more properties on the market to sustain that type of activity.  The only question is if there will be enough listings to build up the inventory.  Last year’s summertime high was under 700 properties for sale; about a 3 month supply. We will probably have fewer properties than that this year.

 

Coming Soon! Lake Haus Condo D11

by The Mountain Living Team

Cute, spacious and affordable one bedroom condo in a convenient Dillon location.

Lake Haus Condos in DillonAt 625 square feet this one bedroom condo is a very comfortable size.  As you enter the condo the entry provides a great spot to take off snowy boots.  To the left is the bedroom and full bathroom.  The bedroom is large with ample closet space.  As an end unit you have an extra window in the bedroom making it lighter than most.  Back out to the entry and down a couple stairs and you're in the living area.  The kitchen in to the left against the back wall.  The dining room is situated in front of it and the large living area takes up the right side.  A gas fireplace provides mountain ambiance while keeping you toasty warm. Extra windows make this area light and bright.  A sliding glass door leads to a small patio that opens to a meadow with mountain views.  This is a perfect spot for the dog to run right outside the back door or where you'll want to kick back and relax watching the sun set at the end of the day.

Located in Dillon, close to Hwy 6 and Swan Mountain Road, it's easy to head to Keystone or Breck for a day on the slopes.  The paved rec path is nearby if you're in the mood for a bike ride.  Grab the fishing poles and trek on over to the shores of Lake Dillon or drive into downtown for a free concert.  The bus stop is nearby too.  No matter what you enjoy, this condo will be a great fit!    

102F Buffalo Ridge Condominiums - Coming Soon!

by The Mountain Living Team

Located at the top of Wildernest, this 2 bedroom condo enjoys nice mountain views and has National Forest trails right outside the door.  It's a great location for your Summit County home.  

You'll enjoy the indoors here too.  Only one flight up from the assigned carport to this open and bright condo.  The large windows bring in natural light and showcase the mountain views off in the distance.  It's perfect for year round fun.  You can snuggle up in front of the wood burning fireplace in the winter months or kick back on the sunny deck any time of year.  

The high end bathrooms are sure to impress.  Both the main, full bath and the 3/4, master bath have granite counters, tile floors and showers, new fixtures, and custom cabinets.

HOA dues of $446/mo cover all your utilities, snow plowing, cable TV and access to four clubhouses.  You can enjoy swimming pools, hot tubs, volleyball, racquet ball, tennis, billiards or ping pong all without leaving the area.

There aren't any other Buffalo Ridge Condos on the market now and only 3 two bedroom condos on the market in all of Silverthorne.  Don't forget, this one has covered parking too.  That's an absolute luxury in Summit County!

6 Reasons now is a great time to sell your Summit County home

by The Mountain Living Team

This year the market dynamic is creating new opportunities for sellers.  Don't get left in the dark by not capitalizing on it.

1. A lot of people are in town for Spring Break.  March means an influx of Spring Breakers from all over the country.  Many of our visitors grab magazines and scour the internet for local properties before, during and after their visit.  This is a great time to get a lot of exposure for your property.

2. Competition is still low.  The typical Summit County real estate market has lower levels of inventory during the winter months and more properties for sale in the summer months.  Starting in mid-April, when most ski areas close, sellers start putting their properties on the market and inventory begins to build.

3. Buyers are waiting on the sidelines.  Because inventory levels are extremely low buyers have been struggling to find the right property.  Inventory has been low for a while causing that backlog to grow.

4. Pricing is great.  Most areas and property types have completely rebounded from the recession.  Pricing at or above peak values. 

5. Interest rates are still low.  They have begun ticking up but buyers can still typically get a 30 year fixed loan for a vacation home in the low 4s.  That's a great rate.

6. Better availability of services.  Last summer and fall it was taking 4-5 weeks for appraisers to appraise a property for a loan.  That meant properties were under contract for 60 days when a loan was involved.  Home Inspectors and contractors were also backlogged.  When it takes longer for the service people we need to utilize for the real estate transaction it inevitably means the entire process takes longer.  So far this year timing has improved which translates into a quicker sale.  

If you'd like to sell your Summit County home this year, why wait?  Let us help you get it done now. Contact The Mountain Living Team and get it sold!

What does a Fed rate hike mean for mortgage rates?

by The Mountain Living Team

There has been speculation for months and yesterday it happened.  The Fed bumped interest rates .25%.  The speculation also included two more rate hikes this year and more in 2018.  There is no indication any of that has changed.  As long as the economy continues on like it has, those hikes are very likely.  Rate hikes are a sign of a good economy but it also makes us wonder how those interest rate hikes will impact us directly.  

The Fed rate doesn't impact mortgage rates directly.  In fact, we may not even feel it in the mortgage market.  Long term mortgage rates are tied to the ten year Treasury yield.  The Fed's rate increase is more likely to impact your credit card interest or auto loans than the rate on a 30 year fixed loan or on your savings account.  

Mortgage rates will likely increase due to a strong economic indicators, or even speculation of a strong economy.  Unfortunately, exactly when that will happen is not as obvious as the Fed rate increase is.

Single family home in Silverthorne coming on the market soon!

by The Mountain Living Team

This single family residence will be up for sale by this weekend.  It will make a great primary residence or second home for someone that enjoys the Summit County lifestyle.  

It sits on a nicely treed, half acre lot in a quiet neighborhood.  Across the street is National Forest lands, a trailhead just down the street.  Moose and fox are abundant, maybe even an occasional deer will make an appearance.  

The convenient Silverthorne location provides easy access to all four Summit County ski areas, five golf courses, Lake Dillon, miles of hiking and biking trails and so much more.  

The house won't disappoint either.  It enjoys an open living area with nice light and vaulted ceilings, granite kitchen counters, stainless appliances and a main floor master bedroom.  The large deck is perfect for summer barbecues looking through the trees to the mountains beyond.  The lower level has a family room, two large bedrooms, laundry room and bathroom.  Care was taken when Craig Naill built this home back in 1994.  In floor radiant heat and a cold roof are just a few of the fantastic features this home offers.  The garage is an oversized two car so plenty of room for all the toys, and maybe even the cars too!

Contact The Mountain Living Team for more details or to schedule a private showing.

Displaying blog entries 1-10 of 271

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Photo of Jason & Meredith Adams Real Estate
Jason & Meredith Adams
Mountain Living Real Estate
PO Box 4115
Frisco CO 80443
888-666-0844