Here is a quick video showing the market trends for our mountain home market in March 2015. Countywide, the Average Sold Price has increased +1.8% when comparing 2015 Year to Date to 2014 Year to Date. The number of sales have increased 7.3% comparing this year to last year. The North Side of Summit County consists of Frisco, Copper Mountain, …
Real Estate Market Update by Kate – February 2015
INVENTORY – Inventory is down -22% compared to this same time last year. VOLUME – Sales are up +27% comparing the volume of closings from the first 6 weeks or so of this year to the beginning of 2014. There isn’t much to buy, but what’s out there isn’t lasting very long. What does this mean to you? As always, …
2014 Real Estate Year in Review – January 2015
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 …
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
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 …
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 …
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 …
Frisco – the center of it all!
Frisco, the center of it all! Even as we look back in history, Frisco has always been close to everything. With a population of 2,500 in the late 1800s, Frisco reported a whopping 20 Saloons and 19 dancehalls. After all of the fur trappers and miners disbursed, Frisco’s population hit a low of less than 20 before climbing back up …
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