Pending Sales Increase in Steamboat Springs Real Estate
Two months ago, when the April tax refund credit expired, we saw a lull in pending properties. That was a natural occurrence. Real estate sales are somewhat predictable and cyclical. More people want to buy in spring and summer and less people want to buy real estate during the winter holidays. Although Steamboat Springs real estate picks up during the winter – for obvious reason; we’re Ski Town USA after all. But predicting real estate sales in a stagnate real estate markets, in a slowly recovering national economy it just about impossible.
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One of our favorite things is celebrating Halloween – Steamboat Spring Style. In Steamboat, everyone young and old dresses up and walks down main street. It’s a wonderful, safe way to spend the holiday. Having kids in a small town is very special and living and owning real estate in “Ski Town USA” might just be the best thing in the world.
Thanks for watching.
Charlie
For more on this topic or questions regarding real estate in Steamboat Springs, feel free to call Charlie at 970-846-6435 or write me an email at: charlie@steamboatsmyhome.com. I will answer your post or email promptly with candid and informed answers. Click here to view all properties in Steamboat Springs in “real time” — This is one of the few real estate site showing all foreclosed and all short sale listings in real time and updated every few minutes.
This is a preview of Halloween in Downtown Steamboat Springs, Colorado. Read the full story.
Steamboat Springs is one of the best areas in Colorado for fantastic fishing. Owning real estate in Steamboat and having some excellent fly fishing water just minutes from your door. We are spoiled in Steamboat for sure. Here’s some video of the Yampa river and the Elk River.
Give me a call if you’re in Steamboat Springs. I’d love to hit the fiver with you. Charlie -970-846-6435
A year ago we were saying that interest rates were at an “all time low” – which they were. We also felt they would not go down much from there. Today we look back and shake our heads. Today’s rates:
30 year fixed = 4.125
30 Year Jumbo = 4.250
5/1 ARM = 2.99
5/1 Jumbo ARM = 3.99
USDA = 4.750
1. Price and location are the most important factors in selling a home. If the home is priced too high or in a location no one wants to live in, awesome photos make little difference. Price is a key issue in today’s sluggish market. Home sellers having a hard time wrapping their mind around how much their home has dropped in value the last couple of years. Getting home sellers to price their home at market value can be a big struggle.
2. Once a home is priced near market value and there are a bunch of other homes in the same price range and location, the importance of photography becomes appearent.
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