Home sales data released last Thursday showed sales sdeclinign 2.2% in December vs. November. 2011 was the worst year on record for new home sales in the U.S.. Prices declined 12.8% in the last year overall.
The bottom of the Vail real estate market seems to be firming up as there are plenty of renters who would like to own for less than what they currently pay in rent. The $250,000 and under market is doing very well with strong demand and even multiple offer situations. The rest of the market is not faring so well, unfortunately.
Wath this video for more information. http://finance.yahoo.com/blogs/breakout/don-t-buy-home-home-builder-stocks-matter-190758173.html
Showing posts with label Vail real estate hotlist. Show all posts
Showing posts with label Vail real estate hotlist. Show all posts
Sunday, January 29, 2012
Monday, January 23, 2012
| HOT LIST: 350 Black Bear | |
 | MLS#: n/a |
| Status: Active | |
| List Price: $349,000 | |
| Address: 350 Black Bear Gypsum, CO 81637 | |
| Area: Cotton Ranch, Gypsum | |
| Bed Rooms: 5 | |
| Baths: 4 | |
| Square Footage: 3856 | |
| Remarks: Great family home in Cotton Ranch, on the golf course. Five total bedrooms, Formal living and dining rooms as well as a family room off the kitchen and an extra large family/media/game room downstairs. Large decks, large 3-car garage, great neighborhood. Price/SqFt: $90.50 This is a bank owned property. Property sold As-Is. Buyers must pre-qual with Wells Fargo but may use any lender; cash offers require verification of funds. Listing courtesy of: Coldwell Banker Mason Morse |
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Contact Sondra Slappey TODAY to see this property, or to hear about more HOT PROPERTIES in Eagle County and the VAIL / BEAVER CREEK area.
sondra@investinvail.com or 970-376-8000
Wednesday, January 18, 2012
Vail Real Estate Statistics 2011 Year End
Here is a breakdown of all 2011 residential sales in Eagle County by sales proice:
51% of all transactions were for $500,000 or less
74% of all transactions were for $1 million or less
89% of all transactions were for $2 million or less
Only 11% of transactions were for properties for more than $2 million.
The lower end of the Vail Valley real estate market is getting some legs at last. I am specifically talking about properties priced for $250,000 or less. There is especially strong demand for properties priced under $175,000 that don't need much work. Demand from 1st time buyers is strong. As long as there is verifiable income, loans are readily available as well as assistance for 1st time homebuyers. We post the best opportunities on our HOTLIST page which can be found at www.investinvail.com
51% of all transactions were for $500,000 or less
74% of all transactions were for $1 million or less
89% of all transactions were for $2 million or less
Only 11% of transactions were for properties for more than $2 million.
The lower end of the Vail Valley real estate market is getting some legs at last. I am specifically talking about properties priced for $250,000 or less. There is especially strong demand for properties priced under $175,000 that don't need much work. Demand from 1st time buyers is strong. As long as there is verifiable income, loans are readily available as well as assistance for 1st time homebuyers. We post the best opportunities on our HOTLIST page which can be found at www.investinvail.com
Tuesday, July 14, 2009
Vail HOTLIST - fish in your back yard
Put this on the HOTLIST!!! Single family home on the Eagle River which has been meticulously maintained has $196,000 price drop. Enjoy superb views and the sounds of the rushing river from the large entertaining deck. Fish in your back yard. Just minutes to all of the conveniences of Avon. Four bedrooms and 3 1/2 baths in this private hideaway built in 1990. Plenty of space for the family and beautiful landscaping. Don't miss this. Two duplexes sold in 2007 for over $1.4 million just down the street. Located right between Vail and Beaver Creek ski resorts. Call for a showing at any time and see more photos at www.investinvail.com
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