Colorado Resorts Real Estate Podcast with Kevin and Amy Smits

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Buying a home? Click here to perform a full home search Selling a home? Click here for a FREE Home Price Evaluation  Call our team at (970) 333-3029 for a FREE home buying or selling consultation Hey everybody, thanks for joining us today for a market update on the latest news for the Summit County & Vail real estate markets. Right now, our market is extremely unique. It's more of a seller's market because of our lack of inventory (just 700 homes on the market). When buyers come to Summit County and Vail they don't have a lot to look at, which is great news for sellers thinking about putting their homes on the market. The best homes can get a little more money from buyers than they could last year. The price point finally went up this last quarter, and most homes saw at least a 10% increase in home values. This is another great sign for sellers, but also a warning sign for buyers not to wait too long to purchase before homes get too expensive. When July 1 comes, our inventory will double. We could have up to 4,000 homes on the market at some point in the summer, which is when we do about 65% of our business. The longer you wait, the more competition you will have to deal with. If you are thinking of selling, conditions are perfect. Sellers are even receiving multiple offers. If you're thinking of buying, taking advantage of our historically low interest rates will save you thousands of dollars over the life of your loan. If you have any other questions for us, feel free to give us a call or send us an email. We will talk to you soon!

Click here to see more pictures and detailed information. Schedule a Showing Dillon, CO Real Estate Search All Homes For Sale Homes Close to Where You Work Free List of Foreclosed Homes For Sale Avoid Foreclosure What is Your Home Worth? Amy Smits Century 21 Gold970-418-0183Questions? Schedule a Showing!Licensed In: CO L2L Virtual Tours

Own this home and wake up nestled in a spruce forest, make coffee in your gourmet kitchen with hickory cabinets and slab granite, and then enjoy it on your deck with views to Keystone ski area. This completely turn-key property has two living areas, tons of storage, and sleeps 14+. Prestigious neighborhood with great clubhouse. Borders open space with hiking trails. Easy access to bike path. Dillon, CO Real Estate Search All Homes For Sale Homes Close to Where You Work Free List of Foreclosed Homes For Sale Avoid Foreclosure What is Your Home Worth? Amy Smits Century 21 Gold 970-418-0183 [email protected]

The owners bought this home intending to rent it and use it. They ended up loving it so much that they used it all the time and kept it for themselves. It backs to open space, offers peace and quiet, yet is close enough to walk to the bus stop. Enjoy the 2 family rooms, new slate flooring in kitchen and entryway, stainless steel appliances, granite counter tops and private deck. Sleeps 12. Silverthorne, CO Real Estate Search All Homes For Sale Homes Close to Where You Work Free List of Foreclosed Homes For Sale Avoid Foreclosure What is Your Home Worth? Amy Smits Century 21 Gold 970-418-0183 [email protected]

    For more information on Summit County Real Estate, contact us at Century 21 Gold, visit us on Facebook, or just call us at 970-668-2121! Courtesy: Land Title Guarantee Company April 2014 Highlights: Market Analysis by Area for April: . There were 117 transactions with $59,517,300 in gross monetary volume. The average transaction price for all 18 reported areas at $508,695, average residential price was $552,308 and the median residential price was $447,500. The average residential PPSF was $327.  Median averages continue to increase each month in 2014.YTD Transaction Summary: There have been a total of 421 transactions with $212,850,800 monetary volume, the average transaction price for all 18 reported areas is $508,770, the average residential price is $520,678, the median residential price is $405,000, the average PPSF is $321 YTD.Market Snapshot for 2014 vs. 2013:  Values are as follows: Average Indicators- Single Family +13%, Multi- Family +9% and Vacant Land +18%. Median indicators: Single Family +7%, Multi- Family  +34% and Vacant Land +49%.  These indicators translate into escalating pricing in Summit County for 2014.Market Analysis % Change showing years 2004-2014 YTD:  April monetary volume ($59,517,300) is down 7% from April 2013, transaction volume is down -13% from April 2013.  2014 YTD (4 months) monetary volume is up 4% from YTD 2013. YTD 2014 transaction volume is down -7% down from YTD 2013.  Inventory is low in Summit County compared to years past, you can see that YTD pricing is stronger with less transactions.Residential Market Sales by Price Point : Residential volume in April had 99 transactions with $54,678,500 gross volume.  There were 11 properties that sold for $1M and above in April.  The most active price point in April stayed in $400K -$500K range which is higher than years and months past. April had 34 Single family, 65 Multi-family and 6 Vacant land transactions.2014 Average Price History: Average residential pricing continues to be highly consistent as of April - Single family increased to $846,385, Multi- family is $377,100 and Vacant land is $382,707. This graph ( page 7) is a great piece to show your clients that our market has held it's value over all these years.Historical Cost Breakdown YTD 2014 : There have been 353 residential transactions YTD 2014 and $183,799,2003 gross volume with 31 properties $1M - Compared to 2013 YTD, there were 357 transactions and $176,280,200 gross volume, 26 properties at $1M and over and in 2012 YTD, there were 297 transactions with $154,769,600 gross volume, 26 properties at $1M and over.Top Lender Graph: There were 475 loans in April, 52% (61) loans were related to sales and 48% of the sales were cash at closing. There were 76 REFI's and 338 loans related to Timeshares.Market Highlights: Please see page 10 of the Market Analysis-View the higher priced purchases in April and another month with no bank sales.Bank Sales and Foreclosures: Foreclosures continue to decline with 8 actions filed in April versus 24 in April 2013Land Title Purchaser Highlights ( Page 15):  There were 12 higher end sales in April to note- you can see the details on this report.   In April, the majority of our buyers for real estate transactions continue to be the Front Range demographic at 37% of our market, only 22% are local and 38% are out of state buyers.Land Title Guarantee Company April 2014 Market Analysis