Second-Home Market is Booming! Who, What, Why?The second-home market is booming. According to the National Association of Realtors, there were 2.82 million second-homes sold in 2004, up 16.3% from 2003 – accounting for more than one-third of residential transactions. Numerous factors are fueling this rise, and it is not just the affluent market that is… Read More
Baby Boomers Driving Second Home Sales
February 28, 2006 By Leave a Comment
Baby Boomers Drive Second-Home PurchasesApproximately 35% of all home sales in 2004 were second-home purchases, and baby boomers make up the majority of buyers for this growing trend. Boomers have both the means and the motivation to take advantage of the attractive housing market, and they represent a high percentage of the population. Boomers, who… Read More
Understanding Closing Costs
February 28, 2006 By Leave a Comment
Real estate closing costs explainedClosing costs can add thousands of dollars to the cost of a home, so it’s essential to know what to expect. RESPA stands for Real Estate Settlement Procedures Act, which requires lenders to disclose information to potential customers throughout the mortgage process. Lending institutions must fully inform borrowers about all closing… Read More
Making an Offer
February 28, 2006 By Leave a Comment
Making an offer on your homeYou find a new home. You decide to make a real estate purchase. You make an offer? Easy. Right? Not always. The advice below will help guide you through this process. If you are purchasing a new construction home or condominium, you have it easy. You pay what they ask…. Read More
Crested Butte and Gunnison Real Estate Market Report
February 26, 2006 By Leave a Comment
Entire GUNNISON AND CRESTED BUTTE MLS559 listings from Round Mountain North (Crested Butte South to Mt. Crested Butte)80 listings Under Contract = 14% of the total market is Under Contract Average Price of listings Under Contract = $ 853,434 TOWN OF CRESTED BUTTE MARKET REPORT 85 listings in Town (includes Residential, Commercial and Land)17 of which are… Read More
Get a Good Deal on Real Estate
February 26, 2006 By Leave a Comment
Buying a home is very often an emotional process especially if it’s going to be your primary residence or perhaps a second home in some far-off ski town in the Rockiers. Well, buyers, fear not — just make sure you review these helpful tips before you make your next offer on a house. It could… Read More
Income and Investment Property Buying Tips
February 26, 2006 By Leave a Comment
The Crested Butte and Gunnison area offers many possibilities for Income and/or Investment Property. I have extensive experience assisting clients looking for Income Property, I would welcome the opportunity to assist you with your purchase. This page is intended to provide useful information about real estate held for investment. There are tax and expense considerations, so… Read More
How to Accelerate Your Mortgage Application
February 26, 2006 By Leave a Comment
The best way to deal with so much uncertainty in the mortgage market is the fast way. The faster you get your loan approved, the better shot you’ll have at the home you want. Here are some ways to speed up the approval process for your home loan. Be smart. Financial planners, your REALTOR®, mortgage… Read More
Crested Butte Home in Your Future? Read this first.
February 26, 2006 By Leave a Comment
Can a Crested Butte home or condo be rented out by the owners, when the owners are not using it, to reduce the cost of ownership? You bet!, vacation rentals are very popular and rentals do offset the cost of ownership. A history of rentals is usually available to show you this potential. Also the less… Read More
Tips on Selling Real Estate in Crested Butte
February 26, 2006 By Leave a Comment
Seller Resources Market Conditions and Home Pricing An important aspect of selling your home is making sure that it is priced appropriately to meet your goals. Your REALTOR will listen to your objectives, will examine the current market conditions and help you arrive at a pricing strategy that will best achieve these goals. Choosing a… Read More
