"Fasten your seat belts, it's going to be a bumpy ride."
That would have been good advice in 2009. Now, however, in late February, 2010 the ride is much smoother. We are seeing a stabilization in prices - in fact - some price points are increasing. The $500,000 to $900,000 category has been strong in the past few months, demand is there and prices have been edging up.
Another interesting fact: Breckenridge set a new record for the most expensive sale in it's history just last month - $8,250,000 for a ski in/ski out single family home located on Peak 8. Guess who sold it? RE/MAX Properties of the Summit!
I stay on top of our market here in Summit and Park Counties. I monitor sales closely and understand the current market.
My advice right now? It is possibly the best time to buy in the past 30 years. Especially if you are in the market for $1 million to $2 million dollar homes. We have a very large number of homes for sale at this price point. And the prices for these homes has come down during the past year. Bargains are there for the taking.
Investing in mountain property is not just about appreciation in value - it is also choosing to enjoy the lifestyle and amenities of a Colorado mountain resort community.
It's time to purchase that second (or third) home in the mountains - a getaway from the city, a place that will refresh the mind, a place you can enjoy with your children, your family, your friends. A place that builds memories that will last a lifetime. Let me help you get started building those memories.
Contact me with confidence. I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I will help you find the best mountain home, condo, town home or land in the area within your price range. If you are selling your home here, together we will sell it, for as much as the market will bear, and as quickly as possible.
Buying and selling an investment property is a big undertaking, especially when you live out of the area. As a top Summit County real estate agent, I have the experience and track record to make your real estate transaction an easy and enjoyable experience.
Please contact me today.
- Nancy Yearout