Time to get off the fence…

We are once again in a rapidly changing market, but this time it is moving the other direction. The Supply of available homes in the Roaring Fork Valley has dropped dramatically in the past months and demand from buyers is still increasing. We are also coming into the busiest time of the year for real…

Foreclosure Myths

Beginning in 2007,  and more like 2008 in the Roaring Fork Valley, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many misconceptions have come and gone, we still…

Home sales rebounded in 49 states in Q4, and 78 markets had price gains over last year

Data provided by: NAR  Metropolitan Area Existing-Home Prices and State Existing-Home Sales  The Quarterly Reports NAR releases statistics on state-by-state existing-home sales and metropolitan area median home prices each quarter. The state existing-home sales report includes single-family houses, condos and co-ops. The price report reflects sales prices of existing single-family homes by metropolitan statistical area…

Homeownership, Stable Communities Linked

Home owners are more active in their communities, benefit from improved education opportunities, and report higher levels of self-esteem and happiness when compared to renters, according to leading research. A new report from the NATIONAL ASSOCIATION OF REALTORS®, Social Benefits of Homeownership and Stable Housing, explores the impact of stable housing and the positive social…

Surge in Pending Home Sales Continues

Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the NATIONAL ASSOCIATION OF REALTORS®.The Pending Home Sales Index, a forward-looking indicator, rose 6.0 percent to 110.9 based on contracts signed in April, from an upwardly revised 104.6 in…