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 …
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 …
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 …
2013 Year in Review – Summit County Real Estate
SUMMIT COUNTY’S 2013 REAL ESTATE STATS ARE IN! SALES ACTIVITY: Sales Activity – Countywide, the number of residential properties sold in 2013 increased 14% compared to the number of sales in 2012. This 14% increase shows a continuation of the trend of the following years, with 2009 being our quietest year and transactions increasing annually since then. This level of activity …
Mortgages & Pre-Approval… by Land Title
Lending is an important part of the overall home buying process. The attached article by our friends at Land Title Guarantee Company covers the following: 1. What items make up my monthly mortgage payment? The answer: “PITI” + “HOA” + “MIP” P – Principle I – Interest T – Taxes I – Insurance HOA – Homeowner’s Association Dues …
Starting the Process: The Pros of Pre-Qualifying
Mortgages are needed by many buyers at the time they choose to purchase a property. However, starting the mortgage process before you even find the home you want to buy can be very beneficial. Here are just a few of the reasons why pre-qualifying early can make a big difference. First and foremost, talking to a couple lenders and going …
Buyer’s Market or Seller’s Market?
Buyer’s Market or Seller’s Market? It’s All About Supply & Demand Below are some basics to help you determine… Buyer’s Market or Seller’s Market? Where is your market now? Where is it headed? What if you’re in between? A Buyer’s Market Indicators of a Buyer’s Market include: Demand is Lower Inventory is Higher Longer List Time/High Number of Days on …
Summer or winter, Keystone’s got something for you!
Keystone has something for everyone! It is conveniently located just about an hour from Denver via I-70 and the Eisenhower Tunnel… or take the scenic route over the Continental Divide via Loveland Pass. Once you reach Keystone, leave your car and take advantage of the Summit Stage and other Keystone Resort shuttles or walk through River Run Village for …
Dillon, Colorado – an underwater ghost town?!
The old town of Dillon used to sit at the confluence of the three rivers: the Snake River which flows from Keystone, the Ten Mile Creek which flows from Frisco, and the Blue River which flows from Breckenridge. This site dates back to the early 1800s, when Dillon was just a cluster of cabins with a trading post. From …
Summit County – Activities and Mountain Real Estate
Summit County – Activities and Mountain Real Estate Located just west of the Continental Divide, Summit County is about 70 miles west of the City of Denver. I-70 stretches all the way from Denver through the mountains to Summit County and beyond, with central exits located in Silverthorne and Frisco, providing easy access to all of the county. Summit County …
Dillon, Colorado – an underwater ghost town?
The old town of Dillon used to sit at the confluence of the three rivers: the Snake River which flows from Keystone, the Ten Mile Creek which flows from Frisco, and the Blue River which flows from Breckenridge. This site dates back to the early 1800s, when Dillon was just a cluster of cabins with a trading post. From then …
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