Tag Archives: summit county

May bounces back strongly

Summit County real estate sales staged a strong recovery in May after an April slump. May dollar volume rose 13% over the 2013 month which itself had been up 18% from 2012. Sequentially, dollar volume rose 53% to $91.6 million. … Continue reading

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April sales soften but prices rise

Real estate sales were essentially flat with March but declined in both dollars and transaction volume versus the year ago period. Transactions fell 13% to 117 and were down by 2 sales from the 119 this March. Dollar volume fell … Continue reading

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March activity back on the rise

While the year began with a whimper with sales down 8 % over the first two months, March transactions reversed that trend rising 1% versus the year ago period and 43% from February to 119 sales. Dollar volume was even … Continue reading

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Do I need a home inspection?

I often get the question from buyers, “Do I need to get an inspection?” My answer is almost always “yes”! Inspection are relatively cheap running $0.10 to $0.15 per square foot. Although these inspections are limited in scope (check your … Continue reading

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Large commercial sale saves January

On the surface, January real estate sales showed only modest declines from a year ago with total volume dropping 2% to $52.2 million. Transaction volume was down a more substantial 6% to 102 transactions. These numbers, however, are not an … Continue reading

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Buyers take a holiday

Summit County real estate sales saw a sharp drop both sequentially and year over year as buyers appear to have joined in the year end holidays. Transaction volume in December dropped 29% to 132 sales versus 185 a year ago. … Continue reading

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The road to Sochi

Along with great scenery, invigorating outdoor activities and fine dining and entertainment, Summit County offers the opportunity to rub shoulders with the Olympic stars. In mid December, Breckenridge hosted the Dew Tour, an Olympic qualifying event. The following week, Copper … Continue reading

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November activity maintains the momentum

November real estate activity in Summit County saw its normal seasonal dip in November but continued to post healthy gains over the previous year period. During the month, there were 170 total transactions, down meaningfully from the 241 of October … Continue reading

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New loan rules coming

Starting in January 2014, new rules implemented under the Dodd-Frank legislation will further tighten lending practices. According to a US News & World Report story, it is estimated that loans are already eight times more difficult to obtain than prior … Continue reading

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Best September for Summit County real estate in five years.

Real estate activity in September saw its best numbers in the last five years. Transaction volume increased 13% from August and 54% from the year ago period to 244 sales. That is the highest transaction volume since November of 2007 … Continue reading

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