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 […]

Summary:· The June to July average home price in the 10 & 20 City Composites increased 0.9% (this is the fourth consecutive month of increases)· 17 of the 20 cities posted increases (Las Vegas & Phoenix were negative and Denver was flat)· The increase was expected due to the seasonal demand for homes· Compared to […]

(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 […]

Denver’s streak for a measure that some observers equate with how fast homes
are selling remains No. 1 in the nation, Realtor.Com reported today.
The median age of inventory for Denver homes in August was 39 days, the
lowest of 146 metropolitan statistical areas tracked by Realtor.com. Although
that was up almost 22 percent from July, it was still […]

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 […]

Condominium resale prices have been stable for the first half of 2011 with nearly no change. Almost 17 percent more of them have sold as well. There are some complexes where there have been no sales for a year or more. There are 2,400 properties for sale this week, still well below last year’s peak. […]

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 […]

By S. MITRA KALITA
Sales in many vacation communities across the U.S. soared last year to levels not seen since boom times, driven by deep discounts, cash purchases and buyers’ rising stock portfolios.
On Mercer Island, Wash., waterfront sales nearly tripled in 2010, compared with a year earlier, reaching par with 2006 volume there. Sales on Hilton […]