Many baby boomers are delaying their plans to sell their home due to concerns about the economy, but the desire to buy a new home or a second one remains strong, according to a Coldwell Banker survey. An estimated 79 million Americans are part of the baby boomer generation.
A majority of agents surveyed say they […]

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 […]

If we just had some extra cash, now would be a great time to get into the stock market, right?” Actually, if you have some extra cash, now is the best time in five or more years to … buy a home.
  Thanks to the concept of “leveraging,” purchasing a home is by far the […]

 SUMMIT COUNTY — Sen­ate candidate Don Ytterberg believes it’s time for less talk and more action when looking at potential solutions for con­gestion on Interstate 70.
  Democratic incumbent Sen. Dan Gibbs thinks that to gener­ate solutions, you have to be a part of the discussion — but that some steps should be taken immediately.
  The […]

 Congress’ rejection of a $700 billion bailout of Wall Street financial firms on Monday and the resulting financial tsunami likely, will have a ripple effect on business here in the mountains, according to local experts.
  Already, the worsening credit crunch is making it tough for some businesses to make payroll and other day-to-day operating expenses […]

Here’s a tax alert for real estate investors who use popular tax-free exchanges: The recently signed federal housing legislation contains a hidden zinger that could cost you thousands of dollars if you don’t plan around it.
 As of next January 1st, investors who exchange into rental or second home properties that they later convert into their […]

For many real estate investors, it was the most profitable tax strategy around: Move into a rental property you own, use it as a principal residence for two years, and convert taxable capital gains into tax-free dollars when you sell or exchange.
 But Congress has just clamped a limit on investors’ ability to play that game […]