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How's
The Market YTD 2012?
The headline in the August 24th
edition of the Summit Daily News -"PROPERTY VALUES MAKE A
COMEBACK." It's modest, but Mark Wadsworth, data
anaylyst at the Summit County Assessors office, sees overall
numbers encouraging. "I think that we've maybe hit the
bottom, and it's starting to rebound, but slowly".
To
read the full article, courtesy of the Summit Daily News, 8/24/12 click
the link below:
A
bit of brighter news for property owners and Sellers for a change,
don't you think? Still a long ways to go for a full comeback,
though.
Buyers still on the
fence? Now is the time to get into the market,
especially, for those of you looking for vacation rental income to
help offset ownership expenses. Ski season starts in just a couple
of months, and winter brings the prime rental rental months of the
year.
Then
how about the present mortgage interest rates? A local lender
friend says, "Nancy, it's almost like free money!" But,
by next time this year, we expect to be seeing higher rates.
Another reason to get in the market now.
Now, to the market stats
coming from the MLS...residential sales county wide, continue to be up
16.5% with 670 listings selling - up from 575 in 2011.
All
of the county is up now with the Breckenridge area being up
7% and Frisco & all other areas on the north side being
up 24%.
Last
year about this time the county was up about 20% and the year ended
with a 12% gain.
Lot's
of sales activity still to come before year end, how about you
becoming a part of it and finding your place!
Click
the link below to view all the market statistics year-to-date:
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