While Summit County’s real estate sales have improved over the past few years, the nature of the resort market is holding things back compared to other residential areas.
“What we have here is non-distressed sellers that are holding onto property and waiting for prices to get better, said Chuck Leathers, the broker/owner of Chuck Leathers Real […]

(Reuters) - Existing home sales rose in August to their highest in five months as lower prices and rock-bottom interest rates drew more buyers into a still moribund market.
The data did little, however, to change the view that housing, hobbled by a burst bubble which triggered a major recession, will not help the economy much […]

As its neighbors suffered from a mid-summer home-sales slow down, Summit County saw a healthy increase in real estate transactions in July and August, though values have continued to drop.
Pitkin and Routt counties hit six- and eight-year lows respectively in home sales volumes in July, while Summit’s sales grew 18 percent in the last two […]

As its neighbors suffered from a mid-summer home-sales slow down, Summit County saw a healthy increase in real estate transactions in July and August, though values have continued to drop.
Pitkin and Routt counties hit six- and eight-year lows respectively in home sales volumes in July, while Summit’s sales grew 18 percent in the last two […]

Real estate sales in Colorado’s mountain-resort communities were gaining steam through most of this year, continuing a steady rebound from the market decline of 2008 and 2009.
July sales in Pitkin, Eagle, Summit, Routt and San Miguel counties were the lowest in years, potentially derailing a resort real estate market tracking toward recovery.
While the mountain counties […]

In the current economy, Summit County home valuations are being pushed lower by stricter appraisal guidelines and houses priced to sell.
“Given where the market is right now, those values are lower than what we’re used to because demand is not as high,” said Mary Francis Alquist of Sulquist Mortgage in Breckenridge. “Really, appraisers have to […]

How did Summit County real estate fair this past year in 2010? With the help of Brooke Roberts at Land Title Guarantee company here is the market snapshot
The number of purchase transactions was up 6 percent in 2010 from the previous year. This includes all sales in Summit County, including land. So the sales transactions […]

VAIL VALLEY, Colorado— Steve Pywell took a big step toward selling his Cordillera home on Saturday, a year after he put it on the Vail Valley real estate market.
Like many people selling their homes during the recession, the Houston, Texas, resident had to slash the price before attracting a buyer. He said he cut $700,000 […]

September 14, 2009
By Lawrence Yun, Chief Economist
September has come again, and most folks are back from vacation. Kids are back in school. Traffic (in most locales) has returned to its usual nightmarish levels. Many of us are asking ourselves “where did the summer go?”
Well, summer is not the only thing that has ended. The world-wide […]

Passing through the Fort Myers, Fla., airport a few weeks ago, I noticed people eagerly signing up for a free bus tour of foreclosed real estate—with all properties offering water views. During the ride to my hotel, the young driver volunteered that he had just bought his first house, paying $65,000 for a foreclosed property […]