Inventory Very Low with Pending Activity Up. Last year at this time the available properties to buy were down about 10% and the increase in the number of properties under contract was up about 10%. This year is kicking off very similar with a decrease in inventory and a strong improvement in pending activity. One item that is different this go around …
RE/MAX – The Market Leaders for Summit County, CO
The results for the 2014 calendar year are in… and RE/MAX is STILL #1! RE/MAX Properties of the Summit – the Market Leaders ONCE AGAIN in Summit County, Colorado! RE/MAX is #1 in Summit County overall. RE/MAX is #1 in Frisco and did more than double the business of the #2 company. RE/MAX is #1 in Dillon and did more …
Happy Holidays from The Barr Team!
Greetings from the mountains! This time of the year tends to get pretty hectic… so we wanted to take the opportunity now to send out a quick video from the team! Thank you all for your business, this year and in all the past years. We are so thankful for all the wonderful friends we get to help throughout …
Real Estate Update by Kate – Sept. 2014
MARKET UPDATE BY KATE: I was quite long winded last month… so I’ll be easy on you this time. OVERALL: Sales so far are up +4.5% for the year, as far as the amount of activity. Average Sold Price for the year so far is up +5% compared to last year. SOUTH SIDE (Breckenridge & Blue River): Number of sales are down …
Market Update by Kate – August 2014
Summit County Real Estate eNewsletter – August 2014 Market Update by Kate… THE SHORT SCOOP: Overall, available inventory is down. Number of properties Under Contract is up. Number of Sales is up and the Average Sale Price is up. We are Busy! … and Busy is Good. 🙂 THE LONGER STORY: Inventory: It’s clear now that inventory peaked at the end of July, which …
Why Isn’t Your Home Selling?
Why isn’t your home selling? Usually, it’s one of these 3 factors: PRICE CONDITION EXPOSURE But I’ll let Realtor.com handle the “tough love” this time. Check out NAR’s recent blog post for Sellers here… https://www.realtor.com/advice/isnt-home-selling/
Top 10 Real Estate Tax Deductions
Overwhelmed by the amount you need to save for a down payment? Here’s some motivation for you… The Top 10 ways being a homeowner can reduce your income tax obligation… from the National Assocation of Realtors. Yes, homeownership can be a significant financial commitment. But hey, it’s the American Dream. And Uncle Sam’s way of encouraging the dream is by …
Down Payment – How Much Do You Need To Save?
What’s the #1 thing that prevents first timers from buying sooner? You guessed it! Saving for a down payment. It’s no secret that saving 20% can take a while… after all, it’s tens of thousands of dollars of your hard earned money. So what to do when it seems like you’ll never get there? This great article from the …
Tips on Navigating your Title Work… from Land Title
Again, I’m going to leave the title stuff to the title experts… Click the link below for a great post from Land Title Guarantee Company’s blog on what to look for within your title commitment. https://www.ltgc.com/marketing/topic?id=1043
Title Commitment? Title Insurance? Title Company?? What is all this… and do I need it?
Title work reveals who may have interests to the subject property and to what extent. Title commitment describes what has been uncovered regarding the property, what has to take place for a policy to be provided and what can and can not be covered. Title insurance is the guarantee that the buyer/seller purchases to ensure there are no other potential …
How’s the Market? April 2014 Update
Activity is on the upswing! Inventory… not so much. Sales Volume Looking at Summit County overall, sales volume is UP, with our number of transactions Year To Date for 2014 up 11% when compared to the YTD numbers for this same week in 2013. Those countywide numbers can be broken down further into two groups – the South Side …
Six Steps to Transfer Title… by Stewart Title
There are 6 Basic Steps the Title Company performs in order to successfully transfer the title of a property from Seller to Buyer. They are: 1. Earnest Money escrowed 2. Tax Certificate 3. Title History Research 4. Title Examination 5. Document Preparation 6. Closing & Settlement Click below for an illustration of the sequence of events to transfer title via Stewart …
13 Ways to Improve Your Credit… Starting NOW!
What can you do to improve your credit? Here are a couple tips to get you started… Start now! Time is a huge advantage to have on your side. Start making small changes now and working slowly on credit issues before you need the credit. If you wait to resolve credit issues or establish credit history until you need the …
Why Care About Credit Anyway?
Why care about your credit score, anyway? If you’re considering purchasing a home, here’s an example of the impact different credit scores can make on your interest rates… which translates to your monthly payments… which dictates the price of the home you can afford. Example: 719 credit score $1,900/month for Home “A” -40 679 credit score +$60 $1,960/mo for same …
Kate Marrone – Member 2013 RE/MAX 100% Club for Outstanding Sales
Kate is a Member of the 2013 RE/MAX 100% Club. This achievement award is presented to a select group of brokers based on sales production. The award reads: Your ability to continuously achieve outstanding results in ever-changing market conditions is impressive. On behalf of the RE/MAX Mountain States region, thank you for being dedicated to your clients and for …
Recipe for a “healthy” credit report
What does a “healthy” credit report look like? I’ve read very similar opinions on the “ideal” credit report from a variety of courses including Money magazine, the free annual credit report website, a few different finance books, Kiplinger’s, and others. The general consensus from experts regarding a “healthy” credit report is as follows: 2 installment loans – home mortgage and …
What is a Credit Score?
What is a Credit Score? Your credit score is a number between 300 and 850. This number represents the statistical likelihood that you will repay creditors. Your score is based on 5 different areas, with some parts carrying more weight than others. 1. Your payment history – makes up 35% of your credit score Do you pay your accounts on …
How to Review a Title Commitment… by Title Co. of the Rockies
The link below will direct you to a great page by page guide to Title Commitment provided by Title Company of the Rockies. Title Commitment is one of the first documents you will receive, as a buyer or a seller, after going Under Contract. This primer breaks down each section of the document to help you understand what it all …
After a year of courses all over the state, Kate is a Graduate, REALTOR Institute!
KATE MARRONE, Graduate REALTOR Institute From October 2012 to October 2013, I drove all over creation (okay, not really… just all over Colorado) to complete my GRI. With few courses offered in our small mountain community, I drove to Colorado Springs, Denver, Castle Rock and Littleton to complete most of my designation requirements. While classes are offered online, I felt …
Isn’t Everyone Who Sells Real Estate a REALTOR®?
Why Use a REALTOR®? REALTORS® Are Committed to the Dream of Home Ownership Isn’t Everyone Who Sells Real Estate a REALTOR®? All real estate licensees are not the same. Only real estate licensees who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR “®” logo on the business card or other marketing …