THE AMY NAKOS GROUP blog

Summit County Real Estate News & Market Insights

Market Update: July 2024

Market Update: July 2024

Last month I promised a full market report, and here it is. Overall spoiler is that buyer activity is slower and inventory is increasing. Buyers have more choices than ever before. Sellers need to be competitive to be the next property to sell. SalesLast month in...

May Podcast with Aimee Airey of BOK Financial

May Podcast with Aimee Airey of BOK Financial

Welcome to Mountain Real Estate. Today we have the pleasure of Aimee Airey with BOK to talk about some lending. So welcome Amy.  Thank you. Thank you for having me, Candice.  So we'll just jump right in. Aimee, why don't you tell us about yourself and how long you've...

Market Update: April 2024

Market Update: April 2024

We are preparing for the summer selling season at The Amy Nakos Group. We are looking to add approximately 10-15 listings in May and June. If other brokerages are also preparing to release new listings, we could see some great new inventory hitting the market soon. ...

NAR Settlement – The Truth of the Matter

NAR Settlement – The Truth of the Matter

You've probably heard the news about changes coming to how real estate commissions are paid.  The National Association of Realtors and several large real estate companies recently proposed a  settlement regarding the payment of real estate commission.   Of course,...

April Podcast with Amy Nakos!

April Podcast with Amy Nakos!

Listen to my podcast by clicking the button or read the transcript below!Welcome to Mountain Real Estate. This is Candice De with Your Castle Summit.  We have a treat today as we get to talk with Amy Nakos, also of Your Castle Summit.  So welcome, Amy.  Thanks...

NAR Settlement

NAR Settlement

You may have seen some rumblings in the news about changes in the way Realtors® are going to be paid. Let me first start by saying that this is a settlement in response to two ongoing lawsuits proposed by the National Association of Realtors (NAR) and nothing has yet...

April Market Update

April Market Update

Same old story here. Pricing is really holding steady. Average sales price (trailing 12 months) is up slightly in March from $1.291m in February to $1.309 in March.March only had 84 sold residential listings​​​​​​​, down from 95 in February. This is a little...

PODCAST: Running Opposite the Crowd with Steve Smith

PODCAST: Running Opposite the Crowd with Steve Smith

Welcome to Mountain Real Estate. Today we have the pleasure of Steve Smith joining us to talk about his experience in real estate in the mountains. Welcome, Steve. I'm happy to be welcomed. I'm going to give a little background on how Steve and I got connected. And...

PODCAST: March 2024 Update and Bonus Surprise

PODCAST: March 2024 Update and Bonus Surprise

Welcome to Mountain Real Estate - this is Candice De with Your Castle Summit coming to you with an update on some national trends, some Denver trends, and Summit County Colorado. I'll start with the national update of some of our macroeconomic factors that impact real...

Podcast: HOA Fees

Podcast: HOA Fees

I’m excited to share some more tidbits about Summit County and Denver real estate here in 2024 today. We are going to talk about why monthly fees are going up in real estate.  We know our grocery bills are going up and there's inflation, but there's a couple of other...

WMRA Study re: STR’s Impact in Summit County:

WMRA Study re: STR’s Impact in Summit County:

With restrictions and increased taxing on Short Term Rentals (STRs) happening in resort communities, the Western Mountain Resort Alliance commissioned a study to measure the effect of STRs on resort economies. In 2022, in Summit County alone, STRs brought in $1.7...

March 2024 Summit County Market Report

March 2024 Summit County Market Report

February Sold Listings jumped up a bit to 94 from a paltry 61 in January. This sales number is in line with the previous 5 years showing that the market is remaining strong despite the headwinds of higher interest rates.Median Sales price is $999,000 and Average Sales...

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